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More WallStreetBets Copypastas
Oh my gourd, I am financially ruined (agricultural futures)
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
I have lost everything, and I'm not sure how to continue. This summer I invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided I'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yield would be far smaller than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Halloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would still be fine, but then on the morning of December 2nd, a new email in my inbox caused my stomach to turn into a pretzel. The massive gourd shipment from Argentina, scheduled for early March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 cents per pound. I am ruined.
Buying calls on Gamestop
I can't believe that after fifteen years of trading, my best trade of all time is going to be buying calls on fucking Gamestop.
I can't believe that after fifteen years of trading, my best trade of all time is going to be buying calls on fucking Gamestop.
Police clearing out a homeless encampment
On my way into the office today I saw the police clearing out a homeless encampment under a bridge, forcing them into the cold and rain. I keep playing it over in my head and haven’t been able to focus on work all day because of my erection.
On my way into the office today I saw the police clearing out a homeless encampment under a bridge, forcing them into the cold and rain. I keep playing it over in my head and haven’t been able to focus on work all day because of my erection.
Daily WSB trader routine
1. Wake up
2. Check memfolio, buy more PLTR calls
3. Shit while looking at charts, don’t wipe
4. Fomo and buy the top
5. Watch stock Plummet
6. Sell, watch stock go up
7. Go to WSB and downvote everything
8. Jerk off, nut, realize how empty you are
9. Stare at futures for 3 hours
10. Sleep & repeat
1. Wake up
2. Check memfolio, buy more PLTR calls
3. Shit while looking at charts, don’t wipe
4. Fomo and buy the top
5. Watch stock Plummet
6. Sell, watch stock go up
7. Go to WSB and downvote everything
8. Jerk off, nut, realize how empty you are
9. Stare at futures for 3 hours
10. Sleep & repeat
Don't use the "F word" on the trade floor
Just heard an employee use the “F word” on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but don’t you dare talk about Fundamentals here.
Just heard an employee use the “F word” on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but don’t you dare talk about Fundamentals here.
