The Automation Spiral (obligatory loleconomics thread v2)

[Lowa [NSN]]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

[rufuske]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

I'm buying few tomorrow just to have bragging rights I took part in it.

[teds :D]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

I'm buying few tomorrow just to have bragging rights I took part in it.

fgs

we tried to tell this to nerdstern

don't buy stocks for the memes or the lulz for the love of god

it is essentially for most people gambling, and on average you will lose.

[Lachesis VII]

Average shmaverage.

[rufuske]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

I'm buying few tomorrow just to have bragging rights I took part in it.

fgs

we tried to tell this to nerdstern

don't buy stocks for the memes or the lulz for the love of god

it is essentially for most people gambling, and on average you will lose.

Lol mate, I don't care. Just buying literally few with spare change for bragging rights that I took part in this retardation. I consider it making a donation towards the cause. Get off the high horse.

[Lowa [NSN]]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

I'm buying few tomorrow just to have bragging rights I took part in it.

fgs

we tried to tell this to nerdstern

don't buy stocks for the memes or the lulz for the love of god

it is essentially for most people gambling, and on average you will lose.

Lol mate, I don't care. Just buying literally few with spare change for bragging rights that I took part in this retardation. I made real money on some proper stocks last few days that coincidentally Melvin is also shorting (you may have heard about this little polish indie developer CDProjekt). I consider it making a donation towards the cause.

This! IF I get just 2 shares it be worth it for a ticket on this rocket of retardation.

[Duckslayer]

Ah, the "jokes on them im only pretending" defence. roll safe kids

[rufuske]

Ah, the "jokes on them im only pretending" defence. roll safe kids

[Lilalaunebör]

Elon has spoken, its all ogre now.

I cant fault anyone for yolo'ing a grand on it, i was tempted myself a week ago for the laughs and out of spite. The all-ins are patently retarded, obviously.

e: Which reminds me, with Biden moving 600k federal vehicles to electric, maybe Tesla will turn out to not be overvalued after all? This being the reality it is, those will probably go to GM via no-bid contracts though.

[Nordstern]

What gets me is the disdain with which analysts mention "retail investors". Shows you that the purpose of the stock market is to redistribute wealth to the top, and nothing else.

On the other side of the equation, i have read op-eds in serious newspapers that were arguing that ETFs are immoral. I guess the small guy just isnt allowed to win, in their eyes.

That is very likely a correct assumption and part of why this is so fucking funny is the disruption of the "Kings" no matter if its only once and doesnt change the game in the long run.
I'm going all in tomorrow. Or not. But I'll see if I cant get something just for the fucks of it.

I'm buying few tomorrow just to have bragging rights I took part in it.

fgs

we tried to tell this to nerdstern

don't buy stocks for the memes or the lulz for the love of god

it is essentially for most people gambling, and on average you will lose.

Yeah, that's quite a loss. Getting a 5x return on my money in under a year is pathetic*. Clearly I'm too stupid to do something like cash out a third of my position to cover the cost of buying the shares initially.

I'd come up with a proper insult for you, teds, but you're honestly not worth the effort. So I'm just going to put on some music that reflects my current mood.



Oh, and I've done around two dozen trades with only one minor loss.

  Spoiler:

* this is actually true, I would have done better if I just dumped it all into TSLA back in April lol

[Nordstern]

Oh, and I am going to suggest that people not join in the fun after today unless you really do have diamond hands. Because shit like naked short ladder attacks are going on, and who knows how many shares will be "manufactured" by MMs to lend to shorts.

[Elriche Oshego]

Lol Teds makes a legitimately concerned post regarding the situation and then we have HORSEFUCKER MCGEE come in here smugly because his bullshit stonk made stonks squared before it takes a total dump.

Fuck yourself bellend.

[Nordstern]

Lol Teds makes a legitimately concerned post regarding the situation and then we have HORSEFUCKER MCGEE come in here smugly because his bullshit stonk made stonks squared before it takes a total dump.

Fuck yourself bellend.

Let me worry about me.

[teds :D]

I'd come up with a proper insult for you, teds, but you're honestly not worth the effort.

):

[Fortior]

Clearly I’m not retarded enough and I need diamond hands. Sold off yesterday, had I kept the shares I would’ve 10xed based on the premarket pricing today. GME has also hit seekingalpha.com with an article explaining the mechanics of why gme could rocket to the thousands.

I’ll be watching if there’s a dip but I suspect the race is over for me now.

[rufuske]

Put your monthly pizza money into it back. Worst case scenario, you'll loose some weight. Best case - STONKS!. Don't even think about margins, loans or using your savings etc. Take the amount you won't notice missing at the end of the month and brag for the rest of your life you were one of the retards.

[Djan Seriy Anaplian]

and you guys wonder why people look down on retail investors lol

[Djan Seriy Anaplian]

Put your monthly pizza money into it back. Worst case scenario, you'll loose some weight. Best case - STONKS!. Don't even think about margins, loans or using your savings etc. Take the amount you won't notice missing at the end of the month and brag for the rest of your life you were one of the retards.

This is wrong. They should all be raising a second mortgage.

[rufuske]

Put your monthly pizza money into it back. Worst case scenario, you'll loose some weight. Best case - STONKS!. Don't even think about margins, loans or using your savings etc. Take the amount you won't notice missing at the end of the month and brag for the rest of your life you were one of the retards.

This is wrong. They should all be raising a second mortgage.

Looking at WSB some are, this will end in tears for a lot of people. But I still want my souvenir ticket and I'm getting one today.

[August]

Put your monthly pizza money into it back. Worst case scenario, you'll loose some weight. Best case - STONKS!. Don't even think about margins, loans or using your savings etc. Take the amount you won't notice missing at the end of the month and brag for the rest of your life you were one of the retards.

This is wrong. They should all be raising a second mortgage.

... not sure how to interpret what you mean. Raise a second mortgage so they can buy in more? Or to pay for their losses?