Gonna be checking the market every chance I get while pretending to think my brother-in-law's Cards Against Humanity answers are funny.
I used to be a real ad
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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.
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WallStreetBets
Careful bulls, dangerous things past the moon
Careful tomorrow bulls, there are dangerous things past the moon.
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WallStreetBets
Anyone basing trades right now on fundamentals is a fucking tool
So many arrogant fucks here love talking fundamental analysis when they can't even tell me if lilβ Yachty got another Ferrari much less how stuffed the fucking Oreos are now. Fucking clowns, all of them.
Shut the fuck up and do your trades. If you really need a valuation multiple you can't even derive to tell you whether you should buy a stock or not, you deserve CHGG.
Newsflash, the stock market never made sense nor will it. Best you can do is trade gourd futures you know about and feel with your hands that it hasn't been spotted by any number of fungal pathogens in the complex ecology of modern supply chains. Or alternatively manipulate markets like the rich investors who funnel you into silver every fucking time like clockwork. Warren Buffet's dad was Paul Revere, if you think that shit didn't help The Wizard of Omaha then not only are you retarded but also delusional.
Now stfu about EBITDA and long term debt-to-equity ratios. If you actually knew what the fuck was going to happen you'd be chilling in r/lounge with a fat chick, not on wsb posting "anyone basing trades right now on technical analysis is fucking tool.β
WallStreetBets
I saw JPOW at the grocery store
I saw JPOW at the grocery store. I was buying a dozen eggs last night and the store was kind of slow since it was after dark. Some old boomer was in front of me and chatting away with the woman at the cash register. Everyone had masks on, but as soon as he spoke I recognized the voice. He was telling the lady how inflation is a good thing. She said how come inflation keeps going up but minimum wage never rises? He ignored her and pulls out a large sheet of $1 bills. He asks if she had scissors but she said no.
He looked back at me and saw the eggs and said "You workout huh? Its good to stay healthy. I used to workout by lifting bales of hay after school in 1952. Eggs are a good source of energy, mind if I take one? " I shrugged and told him.go ahead. He opened my pack of eggs, takes one out, lowers his mask, just throws the whole thing in his mouth shell and all, puts his mask back up, and begins chewing loudly. As he's chewing he's crookedly folding and ripping a sheet of dollar bills handing them to the lady individually. While he's chewing he tells me it's a great time to buy bonds. I tell him I'm good.
The store was short on change so he just pays the full dollar amount. He hands me a crooked bill that is almost ripped in half and says "thanks pal, in the future that single egg will be worth a dollar so we will call it even"
Im heading to my car after and I see him and another boomer arguing. There was JPOW and he's arguing with a man built like a gnome wearing a poorly fit collared shirt. The little man spoke and I instantly knew it was Cramer. Cramer wanted JPOW to hurry up and stop hogging the best parking spot. JPOW tells Cramer that hes got his mask on inside out and upside down. They both start talking about inflation and then look deep into each other's eyes and start making out with their masks on.
It was a pretty weird.
WallStreetBets
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