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[Copypasta]The real power of compounding
Remember, if you lose 10% a day over several days youβre actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Remember, if you lose 10% a day over several days youβre actually losing less money as time passes. This is what people mean when they talk about the power of compounding
You watch her as she brushes her hair. Sheβs humming a song you canβt quite hear and smiling to herself. Not for the first time, you wonder why this person chose you.
She turns. βWhat do you want for Christmas?β You want to scream Save your money!, but you only shrug. βNothing, really.β
βNothing?β She crawls into bed and touches your leg. βAre you sure?β Again, you wonder why this person chose you.
As she takes the weight of you in her hand, your mind wanders. To your puts. Theyβll expire worthless, like you. After several minutes of failing to conjure your manhood, she asks, βWhatβs wrong?β
Stonks only go up.
But you donβt.
You watch her as she brushes her hair. Sheβs humming a song you canβt quite hear and smiling to herself. Not for the first time, you wonder why this person chose you.
She turns. βWhat do you want for Christmas?β You want to scream Save your money!, but you only shrug. βNothing, really.β
βNothing?β She crawls into bed and touches your leg. βAre you sure?β Again, you wonder why this person chose you.
As she takes the weight of you in her hand, your mind wanders. To your puts. Theyβll expire worthless, like you. After several minutes of failing to conjure your manhood, she asks, βWhatβs wrong?β
Stonks only go up.
But you donβt.
Jim Cramer responds to GameStop apes on Twitter
But you know what? I miss the good people whom i used to interact before these pathetic parodies of human minds ascended from the gates of hell. Well, now that i know they are going broke and just care about Gamestop and pump and dump schemes I will end their tyranny. NOW
But you know what? I miss the good people whom i used to interact before these pathetic parodies of human minds ascended from the gates of hell. Well, now that i know they are going broke and just care about Gamestop and pump and dump schemes I will end their tyranny. NOW
The Battle of Gamestop rages on.
Pre-market we could hear the bears in no-manβs land, baiting us towards higher prices so the shorts could do their dirty work. I was stationed at the 13.80 line, and knew the morning was going to be hot. I shoveled a breakfast of tendies and said a quick prayer to Father Cohen.
When the bell rang, the bears surged into our trenches. Blood and rainbow fur filled the air and littered the ground. The Diamond Division has seen worse days, and we held firm. As the bears retreated we gave chase to retake ground weβd lost in the past week.
As I caught my breath near the 14.50, I could see bodies everywhere; paper hands who had fallen in earlier battles. One of them groaned and reached a hand towards me. I spat on him and kept moving. No honor in retreat, and no sympathy for self-inflicted wounds.
This war wonβt be won in a day, but it will be won. Tell my wifeβs boyfriend to tell her I love her.
The Battle of Gamestop rages on.
Pre-market we could hear the bears in no-manβs land, baiting us towards higher prices so the shorts could do their dirty work. I was stationed at the 13.80 line, and knew the morning was going to be hot. I shoveled a breakfast of tendies and said a quick prayer to Father Cohen.
When the bell rang, the bears surged into our trenches. Blood and rainbow fur filled the air and littered the ground. The Diamond Division has seen worse days, and we held firm. As the bears retreated we gave chase to retake ground weβd lost in the past week.
As I caught my breath near the 14.50, I could see bodies everywhere; paper hands who had fallen in earlier battles. One of them groaned and reached a hand towards me. I spat on him and kept moving. No honor in retreat, and no sympathy for self-inflicted wounds.
This war wonβt be won in a day, but it will be won. Tell my wifeβs boyfriend to tell her I love her.
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.
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.