[Copypasta] Not financial advise

I'm starting to think the people telling me to buy BB at $20 were being serious about not being financial advisors
April 2021

WallStreetBets

(▀̿Ĺ̯├┬┴┬┴ Psst... kid, you wanna disable adblock?
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Bloomberg terminal vs toilet trading

Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
December 2020

WallStreetBets

Man i love bull markets

Man i love bull markets. Tried to type in the ticker for MAXN yesterday to buy some but MAGN came up instead. Didn't know wtf it was but I was too lazy to redo my search so I bought that instead and it started mooning.
December 2020

WallStreetBets

We should buy Reddit

We should buy Reddit. Not the stock. The actual company. If we all get together and own 51% then we will own this entire website. We could make the rules, profit from the advertising, and finally get paid for the memes we make. I've even come up with a list of things we could do as new owners: Reddit mods can apply for paid-internships at Reddit. This is much closer to having a real job than what they currently do and would benefit the organization. Your flair is your official title at the company. IE: instead of "CFO" you'll be "PotatoFart" NSFW posts will receive special protections--and if you happen to work in our new skyscraper then NSFW posts are automatically considered SFW. Everyone gets a turn in the corporate jet. Elon becomes a mod. He can also apply to become a paid intern. We have a monthly party on our company yacht: The S.S. VisualMod. Our corporate cafeteria is a dining hall with fast food restaurants along the side--but they're all Wendy's. I think this is a great idea. Keep it high and tight. 👖🚀👖🚀👖🚀
December 2021

WallStreetBets

Reddit

Darth Bearish the Regarded

Did you ever hear the tragedy of "Darth Bearish the Regarded"? I thought not. It’s not a story any bull would tell you. It’s an ancient Bear legend. Darth Bearish was a Dark Lord of the Bears, so well capitalized and so regarded he could use Leverage to influence gamma to create profits… He had such a knowledge of the dark side of Leverage that he could even keep other traders he cared about from being margin called. But the dark side of Leverage is a pathway to many abilities some consider to be... unnatural. He became so bearish… the only thing he was afraid of was losing his positions, which eventually, of course, he did. Unfortunately, he taught his apprentice everything he knew, then his apprentice reversed his positions in his sleep. Ironic. He could save others from bankruptcy, but not himself!
June 2022

Tragedy of Darth Plagueis The Wise

WallStreetBets

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.
January 2021

Classic

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