WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.
game of doctor
when i was like 12 my neighbor invited me over and we played a game called โdoctorโ basically he took his pants off got fully erect and asked me to examine it. donโt even remember what happened after that. anyways BFT to the moon
when i was like 12 my neighbor invited me over and we played a game called โdoctorโ basically he took his pants off got fully erect and asked me to examine it. donโt even remember what happened after that. anyways BFT to the moon
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.
๐๐๐๐๐๐
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.
๐๐๐๐๐๐
Darth Bearish the Regarded
Did you ever hear the tragedy of "Darth Bearish the Regarded"?
I thought not. Itโs not a story any bull would tell you.
Itโs 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 profitsโฆ 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 bearishโฆ 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!
Did you ever hear the tragedy of "Darth Bearish the Regarded"?
I thought not. Itโs not a story any bull would tell you.
Itโs 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 profitsโฆ 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 bearishโฆ 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!
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go ๐๐๐
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go ๐๐๐