Current Events > Gamestop is now Killing the LITTLE GUYS as One Man is DESTROYED losing 850K!!

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Full Throttle 02/03/21 10:15:50 PM #1:	Do you think Gamestop is going down the toilet to bankruptcy? Yes No Do you think Gamestop is going down the toilet to bankruptcy? - Results (51 votes) Yes 60.78% (31 votes) 31 No 39.22% (20 votes) 20 Small investors are now feeling the pain of Gamestop as the stock losses continue to slide on the "meme stock" that skyrocketed in 2 days to $300 and now came crashing down to just 90 bucks It briefly rallied 20% today at the opening but then slid right back to 90 at the end of the day as small traders who already cut their losses, Wednesday's rally came too little, too late. Dave Portnoy, the Barstool sports founder and amateur day trader already revealed he lost 700,000 30 y/o Tigran Avestisian, a chemical engineer was down 10,000 on a 40,000 investment in GAmestop but HELD onto his shares hoping for another rally He said "for a little while, it was just free money for everybody. But part of the stock market is knowing when to get out" He was up to 80,000 at one point and still hopes to eke out a gain Others on WallStreetBes where the campaign to buy up Gamestop shares to punish hedge funds also vowed to stay on despite punishing losses Youtuber, Keith Gil, aka Roaring Kitty who is viewed as the leader of the movement posted a screenshot showing 13 million in losses but is sitll up 7.6 million on his bet which is more than what he made a year ago. For those who got in late, the losses were massive..one user who goes by the name "Silk" lost a massive 850,000 when he bought 1.1 million in options which are buy and sell stock before the crash wiped out his entire investment and now he says his business is RUINED. The 52 y/o said it wiped out his family's event planing business and will have to lay off his whole staff.. He said "I'm going to be honest with you, i have not slept in 3 days so i haven't really thought about it properly. I just want my money back but i k now it's gone. I didn't spend enough time to research what i was doing or what the market could do to my account so quickly." Others said "Starting to think i might actually lose everything. At this point it's all or nothing, probably threw a little more than i should have at this, but i've enjoyed it. THIS IS ENDGAME. What else is left to do but hold? holding all this time to sell now would be foolish" Many are showing screenshots brockerage acounts showing huge lossses as others said "it's only a loss if you sell" Gamestop hired Matt Graces on the newly creaed role of Chief Technology Officer, giving investors hope of a digial pivot to the struggling gaming chain Janet Yellen is now calling a meeting with top financial regulators this week to discuss market volatility driven by this as she will convene the heads of the SEC and Federal Reserve to discuss what to do next Do you think Gamestop is going down the toilet? https://i.imgur.com/4DA7EP7.jpg https://i.imgur.com/xBftIn7.jpg https://i.imgur.com/1xGXdI0.jpg https://i.imgur.com/UMDfd2x.jpg https://i.imgur.com/3HitAUW.jpg https://i.imgur.com/yWTiLl4.jpg https://i.imgur.com/ncAKEsB.jpg --- The News Will Continue...For Now call me mrduckbear, sweater monkeys. I'm an Asian Liberal. RESIST The Alt-Right <cite>Full Throttle posted [p:950256005] in Gamestop i... [t:79276563]...</cite> <quote> Do you think Gamestop is going down the toilet to bankruptcy? Yes No Vote View Results Do you think Gamestop is going down the toilet to bankruptcy? - Results (51 votes) Yes 60.78% (31 votes) 31 No 39.22% (20 votes) 20 Show Voting Form Small investors are now feeling the pain of Gamestop as the stock losses continue to slide on the "meme stock" that skyrocketed in 2 days to $300 and now came crashing down to just 90 bucks It briefly rallied 20% today at the opening but then slid right back to 90 at the end of the day as small traders who already cut their losses, Wednesday's rally came too little, too late. Dave Portnoy, the Barstool sports founder and amateur day trader already revealed he lost 700,000 30 y/o Tigran Avestisian, a chemical engineer was down 10,000 on a 40,000 investment in GAmestop but HELD onto his shares hoping for another rally He said "for a little while, it was just free money for everybody. But part of the stock market is knowing when to get out" He was up to 80,000 at one point and still hopes to eke out a gain Others on WallStreetBes where the campaign to buy up Gamestop shares to punish hedge funds also vowed to stay on despite punishing losses Youtuber, Keith Gil, aka Roaring Kitty who is viewed as the leader of the movement posted a screenshot showing 13 million in losses but is sitll up 7.6 million on his bet which is more than what he made a year ago. For those who got in late, the losses were massive..one user who goes by the name "Silk" lost a massive 850,000 when he bought 1.1 million in options which are buy and sell stock before the crash wiped out his entire investment and now he says his business is RUINED. The 52 y/o said it wiped out his family's event planing business and will have to lay off his whole staff.. He said "I'm going to be honest with you, i have not slept in 3 days so i haven't really thought about it properly. I just want my money back but i k now it's gone. I didn't spend enough time to research what i was doing or what the market could do to my account so quickly." Others said "Starting to think i might actually lose everything. At this point it's all or nothing, probably threw a little more than i should have at this, but i've enjoyed it. THIS IS ENDGAME. What else is left to do but hold? holding all this time to sell now would be foolish" Many are showing screenshots brockerage acounts showing huge lossses as others said "it's only a loss if you sell" Gamestop hired Matt Graces on the newly creaed role of Chief Technology Officer, giving investors hope of a digial pivot to the struggling gaming chain Janet Yellen is now calling a meeting with top financial regulators this week to discuss market volatility driven by this as she will convene the heads of the SEC and Federal Reserve to discuss what to do next Do you think Gamestop is going down the toilet? https://i.imgur.com/4DA7EP7.jpg https://i.imgur.com/xBftIn7.jpg https://i.imgur.com/1xGXdI0.jpg https://i.imgur.com/UMDfd2x.jpg https://i.imgur.com/3HitAUW.jpg https://i.imgur.com/yWTiLl4.jpg https://i.imgur.com/ncAKEsB.jpg</quote> ... Copied to Clipboard!
nothanks1 02/03/21 10:17:07 PM #2:	Full Throttle posted... but i k --- for the alcohlics https://www.aa.org/ <cite>nothanks1 posted [p:950256041] in Gamestop i... [t:79276563]...</cite> <quote>Full Throttle posted...</cite> <quote>but i k </quote></quote> ... Copied to Clipboard!
Duncanwii 02/03/21 10:17:13 PM #3:	Gamestop cant die until I use my $15 gift card on my March vacation. --- Hello I'm Duncan, I like Video Games and comedies let's be friends Everything I say about myself is true. I never lie. <cite>Duncanwii posted [p:950256046] in Gamestop i... [t:79276563]...</cite> <quote>Gamestop cant die until I use my $15 gift card on my March vacation.</quote> ... Copied to Clipboard!
3PiesAndAFork 02/03/21 10:20:13 PM #4:	It's sad, people are new to this and didn't understand the concept that this was a short-lived ponzi scheme and have now lost everything. Gamestop as a company is going to be no different off than before this started. Duncanwii posted... Gamestop cant die until I use my $15 gift card on my March vacation. Shut the fuck up. --- @('_')@ <cite>3PiesAndAFork posted [p:950256134] in Gamestop i... [t:79276563]...</cite> <quote>It's sad, people are new to this and didn't understand the concept that this was a short-lived ponzi scheme and have now lost everything. Gamestop as a company is going to be no different off than before this started. Duncanwii posted... </cite> <quote>Gamestop cant die until I use my $15 gift card on my March vacation.</quote>Shut the fuck up. </quote> ... Copied to Clipboard!
420TwiZtiD420 02/03/21 10:20:25 PM #5:	Duncanwii posted... Gamestop cant die until I use my $15 gift card on my March vacation. Keep the dream alive --- fay ce que vouldras <cite>420TwiZtiD420 posted [p:950256138] in Gamestop i... [t:79276563]...</cite> <quote>Duncanwii posted... </cite> <quote>Gamestop cant die until I use my $15 gift card on my March vacation.</quote>Keep the dream alive </quote> ... Copied to Clipboard!
g980 02/03/21 10:21:44 PM #6:	Full Throttle posted... "it's only a loss if you sell" I know people like to say the stock market is gambling - and it is, insofar as a big part of it is managing risk - but stock prices arent actually that arbitrary Gamestop was valued $10-20 based on its fundamentals. There is no reason for it to be >$100 without a massive change to the business. They may not report a loss until they sell... but they took a loss as soon as they bought --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950256183] in Gamestop i... [t:79276563]...</cite> <quote>Full Throttle posted...</cite> <quote>"it's only a loss if you sell"</quote> I know people like to say the stock market is gambling - and it is, insofar as a big part of it is managing risk - but stock prices arent actually that arbitrary Gamestop was valued $10-20 based on its fundamentals. There is no reason for it to be >$100 without a massive change to the business. They may not report a loss until they sell... but they took a loss as soon as they bought</quote> ... Copied to Clipboard!
nfearurspecimn 02/03/21 10:30:09 PM #7:	Duncanwii posted... Gamestop cant die until I use my $15 gift card on my March vacation. haha --- Wake up. You have to wake up. currently a preta/hungry ghost Dai Grepher: I was wrong. My entire theory is incorrect. Zero Mission IS a remake of Metroid. <cite>nfearurspecimn posted [p:950256446] in Gamestop i... [t:79276563]...</cite> <quote>Duncanwii posted... </cite> <quote>Gamestop cant die until I use my $15 gift card on my March vacation.</quote>haha </quote> ... Copied to Clipboard!
BilalPowell 02/03/21 10:32:14 PM #8:	Most people knew this would happen. Everyone got overexcited because some billionaires temporarily lost money for a week. Billionaires know investing more than robinhooders. It's why they're billionaires. --- Former #1 Birmingham Iron Fan. RIP AAF <cite>BilalPowell posted [p:950256520] in Gamestop i... [t:79276563]...</cite> <quote>Most people knew this would happen. Everyone got overexcited because some billionaires temporarily lost money for a week. Billionaires know investing more than robinhooders. It's why they're billionaires. </quote> ... Copied to Clipboard!
Shadowplay 02/03/21 10:32:28 PM #9:	Full Throttle posted... For those who got in late, the losses were massive..one user who goes by the name "Silk" lost a massive 850,000 when he bought 1.1 million in options which are buy and sell stock before the crash wiped out his entire investment and now he says his business is RUINED. The 52 y/o said it wiped out his family's event planing business and will have to lay off his whole staff.. He said "I'm going to be honest with you, i have not slept in 3 days so i haven't really thought about it properly. I just want my money back but i k now it's gone. I didn't spend enough time to research what i was doing or what the market could do to my account so quickly." How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose? --- I make a topic in Final Fantasy 12 to ask if Tifa! They said no Tifa. Hardness gone!-gandob <cite>Shadowplay posted [p:950256526] in Gamestop i... [t:79276563]...</cite> <quote>Full Throttle posted... </cite> <quote>For those who got in late, the losses were massive..one user who goes by the name "Silk" lost a massive 850,000 when he bought 1.1 million in options which are buy and sell stock before the crash wiped out his entire investment and now he says his business is RUINED. The 52 y/o said it wiped out his family's event planing business and will have to lay off his whole staff.. He said "I'm going to be honest with you, i have not slept in 3 days so i haven't really thought about it properly. I just want my money back but i k now it's gone. I didn't spend enough time to research what i was doing or what the market could do to my account so quickly."</quote>How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose? </quote> ... Copied to Clipboard!
ShyOx 02/03/21 10:33:14 PM #10:	3PiesAndAFork posted... It's sad, people are new to this and didn't understand the concept that this was a short-lived ponzi scheme and have now lost everything. Gamestop as a company is going to be no different off than before this started. Shut the fuck up. It wasn't a ponzi scheme, it was a communal effort to call bullshit on hedgefunds shorting a stock to 140%-that's more shares than even exists! It was illegal. The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame. --- http://img836.imageshack.us/img836/6938/vyqp.jpg DIPLOMACY <cite>ShyOx posted [p:950256545] in Gamestop i... [t:79276563]...</cite> <quote>3PiesAndAFork posted... </cite> <quote>It's sad, people are new to this and didn't understand the concept that this was a short-lived ponzi scheme and have now lost everything. Gamestop as a company is going to be no different off than before this started. Shut the fuck up.</quote> It wasn't a ponzi scheme, it was a communal effort to call bullshit on hedgefunds shorting a stock to 140%-that's more shares than even exists! It was illegal. The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame. </quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 10:33:35 PM #11:	Wait, Citadel is paying CEman now? Like to write tc article he wrote. <cite>WingsOfGood posted [p:950256554] in Gamestop i... [t:79276563]...</cite> <quote>Wait, Citadel is paying CEman now? Like to write tc article he wrote. </quote> ... Copied to Clipboard!
Dark_SilverX 02/03/21 10:34:27 PM #12:	RIP GameStop. I'll remember the day you gave me $2.50 for Destiny and it was back on your shelf for $54.99 i needed those cheetos and soda that day :/ --- Rather a Zoom Thanksgiving than an ICU Christmas. don't compare games to feces -- if you've an opinion worth mentioning, do so civilly <cite>Dark_SilverX posted [p:950256582] in Gamestop i... [t:79276563]...</cite> <quote>RIP GameStop. I'll remember the day you gave me $2.50 for Destiny and it was back on your shelf for $54.99 i needed those cheetos and soda that day :/ </quote> ... Copied to Clipboard!
BudDupree48 02/03/21 10:35:33 PM #13:	BilalPowell posted... Most people knew this would happen. Everyone got overexcited because some billionaires temporarily lost money for a week. Billionaires know investing more than robinhooders. It's why they're billionaires. --- BANG BANG STEELER GANG <cite>BudDupree48 posted [p:950256616] in Gamestop i... [t:79276563]...</cite> <quote>BilalPowell posted... </cite> <quote>Most people knew this would happen. Everyone got overexcited because some billionaires temporarily lost money for a week. Billionaires know investing more than robinhooders. It's why they're billionaires.</quote> </quote> ... Copied to Clipboard!
BudDupree48 02/03/21 10:36:22 PM #14:	ShyOx posted... The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame. This and maybe the first part of your post but definitely this. --- BANG BANG STEELER GANG <cite>BudDupree48 posted [p:950256635] in Gamestop i... [t:79276563]...</cite> <quote>ShyOx posted... </cite> <quote>The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame.</quote> This and maybe the first part of your post but definitely this. </quote> ... Copied to Clipboard!
apolloooo 02/03/21 10:39:29 PM #15:	Duncanwii posted... Gamestop cant die until I use my $15 gift card on my March vacation. shut the fuck up --- http://i.imgtc.com/iJyp6bF.png http://i.imgtc.com/ZBw36Qh.png Thanks for the peeps that made the pics <3 if i make typos it means i am on phone <cite>apolloooo posted [p:950256730] in Gamestop i... [t:79276563]...</cite> <quote>Duncanwii posted... </cite> <quote>Gamestop cant die until I use my $15 gift card on my March vacation.</quote>shut the fuck up </quote> ... Copied to Clipboard!
Darmik 02/03/21 10:39:44 PM #16:	Shadowplay posted... How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose? YOLO! --- Kind Regards, Darmik <cite>Darmik posted [p:950256736] in Gamestop i... [t:79276563]...</cite> <quote>Shadowplay posted... </cite> <quote>How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose?</quote> YOLO! </quote> ... Copied to Clipboard!
Dark_SilverX 02/03/21 10:42:00 PM #17:	apolloooo posted... shut the fuck up be nice he's going to become the star of a gang bang in a motel 6 --- Rather a Zoom Thanksgiving than an ICU Christmas. don't compare games to feces -- if you've an opinion worth mentioning, do so civilly <cite>Dark_SilverX posted [p:950256783] in Gamestop i... [t:79276563]...</cite> <quote>apolloooo posted... </cite> <quote>shut the fuck up</quote>be nice he's going to become the star of a gang bang in a motel 6 </quote> ... Copied to Clipboard!
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g980 02/03/21 10:42:16 PM #19:	ShyOx posted... It wasn't a ponzi scheme, it was a communal effort to call bullshit on hedgefunds shorting a stock to 140%-that's more shares than even exists! It was illegal. The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame. The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950256794] in Gamestop i... [t:79276563]...</cite> <quote>ShyOx posted...</cite> <quote> It wasn't a ponzi scheme, it was a communal effort to call bullshit on hedgefunds shorting a stock to 140%-that's more shares than even exists! It was illegal. The trading apps ALL keeping people from buying Gamestop stock is the reason this completely collapsed; it had nothing to do with there not being demand in the market and there needs to be a serious investigation. It gave hedge funds, who already have a slew of extra privileges like trading after market, free reign to completely rig the stock against retail investors who made the right call. It's a damn shame. </quote> The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay</quote> ... Copied to Clipboard!
Zeeak4444 02/03/21 10:43:41 PM #20:	g980 posted... I know people like to say the stock market is gambling - and it is, insofar as a big part of it is managing risk - but stock prices arent actually that arbitrary Gamestop was valued $10-20 based on its fundamentals. There is no reason for it to be >$100 without a massive change to the business. They may not report a loss until they sell... but they took a loss as soon as they bought and then theres Tesla which throws a wrench into everything you said. --- Typical gameFAQers are "Complainers that always complain about those who complain about real legitimate complaints."-Joker_X <cite>Zeeak4444 posted [p:950256820] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote>I know people like to say the stock market is gambling - and it is, insofar as a big part of it is managing risk - but stock prices arent actually that arbitrary Gamestop was valued $10-20 based on its fundamentals. There is no reason for it to be >$100 without a massive change to the business. They may not report a loss until they sell... but they took a loss as soon as they bought</quote> and then theres Tesla which throws a wrench into everything you said. </quote> ... Copied to Clipboard!
g980 02/03/21 10:44:29 PM #21:	And gme is crashing because it is not worth hundreds of dollars. If that isnt obvious then you really shouldnt be buying individual stocks --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950256841] in Gamestop i... [t:79276563]...</cite> <quote>And gme is crashing because it is not worth hundreds of dollars. If that isnt obvious then you really shouldnt be buying individual stocks</quote> ... Copied to Clipboard!
ShyOx 02/03/21 10:45:18 PM #22:	g980 posted... The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed. --- http://img836.imageshack.us/img836/6938/vyqp.jpg DIPLOMACY <cite>ShyOx posted [p:950256865] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote>The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay</quote> RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed. </quote> ... Copied to Clipboard!
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ShyOx 02/03/21 10:45:46 PM #24:	g980 posted... And gme is crashing because it is not worth hundreds of dollars. If that isnt obvious then you really shouldnt be buying individual stocks Oh lawd I bet you're a real laugh at parties. --- http://img836.imageshack.us/img836/6938/vyqp.jpg DIPLOMACY <cite>ShyOx posted [p:950256876] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote>And gme is crashing because it is not worth hundreds of dollars. If that isnt obvious then you really shouldnt be buying individual stocks</quote> Oh lawd I bet you're a real laugh at parties. </quote> ... Copied to Clipboard!
g980 02/03/21 10:45:56 PM #25:	Zeeak4444 posted... and then theres Tesla which throws a wrench into everything you said. Yes there is more than one outlier in the world of public equity --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950256884] in Gamestop i... [t:79276563]...</cite> <quote>Zeeak4444 posted...</cite> <quote> and then theres Tesla which throws a wrench into everything you said. </quote> Yes there is more than one outlier in the world of public equity</quote> ... Copied to Clipboard!
g980 02/03/21 10:46:43 PM #26:	ShyOx posted... RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed. Right. Which isnt any sort of HF conspiracy. --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950256906] in Gamestop i... [t:79276563]...</cite> <quote>ShyOx posted...</cite> <quote> RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed. </quote> Right. Which isnt any sort of HF conspiracy.</quote> ... Copied to Clipboard!
Zeeak4444 02/03/21 10:47:18 PM #27:	LivingLegend posted... Tesla is a company that is way ahead of its time, producing vehicles with zero emissions... GameStop is literally a company that is on the verge of going out of business The two are not even close to being the same thing. Ah, livinglegend says tesla is ahead of its time so its totally fine that the stock itself makes no sense. --- Typical gameFAQers are "Complainers that always complain about those who complain about real legitimate complaints."-Joker_X <cite>Zeeak4444 posted [p:950256925] in Gamestop i... [t:79276563]...</cite> <quote>LivingLegend posted... </cite> <quote>Tesla is a company that is way ahead of its time, producing vehicles with zero emissions... GameStop is literally a company that is on the verge of going out of business The two are not even close to being the same thing.</quote> Ah, livinglegend says tesla is ahead of its time so its totally fine that the stock itself makes no sense. </quote> ... Copied to Clipboard!
Darmik 02/03/21 10:49:09 PM #28:	The hilarious thing about the people who lost hundreds of thousands or even millions over this is that they already have capital to make big gains on safe investments! Hard to feel sympathy when they're a victim of their own greed. --- Kind Regards, Darmik <cite>Darmik posted [p:950256977] in Gamestop i... [t:79276563]...</cite> <quote>The hilarious thing about the people who lost hundreds of thousands or even millions over this is that they already have capital to make big gains on safe investments! Hard to feel sympathy when they're a victim of their own greed. </quote> ... Copied to Clipboard!
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WingsOfGood 02/03/21 10:53:04 PM #30:	LivingLegend posted... Tesla is a company that is way ahead of its time, producing vehicles with zero emissions... GameStop is literally a company that is on the verge of going out of business The two are not even close to being the same thing. Elon announced today they quality problems. https://www.cnn.com/2021/02/03/business/elon-musk-tesla-quality-problems/index.html He even said don't buy the new model. <cite>WingsOfGood posted [p:950257089] in Gamestop i... [t:79276563]...</cite> <quote>LivingLegend posted... </cite> <quote>Tesla is a company that is way ahead of its time, producing vehicles with zero emissions... GameStop is literally a company that is on the verge of going out of business The two are not even close to being the same thing.</quote> Elon announced today they quality problems. https://www.cnn.com/2021/02/03/business/elon-musk-tesla-quality-problems/index.html He even said don't buy the new model. </quote> ... Copied to Clipboard!
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WingsOfGood 02/03/21 11:05:19 PM #32:	LivingLegend posted... This literally means nothing. It would mean that if you thought the stock value of tesla before this announcement reflected some sort of value of the company, then it was overpriced as the company has issues and told people to not be the first to buy the new models. <cite>WingsOfGood posted [p:950257423] in Gamestop i... [t:79276563]...</cite> <quote>LivingLegend posted... </cite> <quote>This literally means nothing.</quote> It would mean that if you thought the stock value of tesla before this announcement reflected some sort of value of the company, then it was overpriced as the company has issues and told people to not be the first to buy the new models. </quote> ... Copied to Clipboard!
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Duncanwii 02/03/21 11:07:08 PM #34:	apolloooo posted... shut the fuck up You're just jealous I have Gamestop cred. --- Hello I'm Duncan, I like Video Games and comedies let's be friends Everything I say about myself is true. I never lie. <cite>Duncanwii posted [p:950257488] in Gamestop i... [t:79276563]...</cite> <quote>apolloooo posted...</cite> <quote> shut the fuck up </quote> You're just jealous I have Gamestop cred.</quote> ... Copied to Clipboard!
WingsOfGood 02/03/21 11:07:29 PM #35:	LivingLegend posted... No, it doesnt. Tesla is massively underpriced. Wut <cite>WingsOfGood posted [p:950257495] in Gamestop i... [t:79276563]...</cite> <quote>LivingLegend posted... </cite> <quote>No, it doesnt. Tesla is massively underpriced.</quote> Wut </quote> ... Copied to Clipboard!
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BudDupree48 02/03/21 11:08:31 PM #37:	Hidden posts eh --- BANG BANG STEELER GANG <cite>BudDupree48 posted [p:950257518] in Gamestop i... [t:79276563]...</cite> <quote>Hidden posts eh </quote> ... Copied to Clipboard!
Zeeak4444 02/03/21 11:36:02 PM #38:	WingsOfGood posted... Wut hes a Tesla fanboi. --- Typical gameFAQers are "Complainers that always complain about those who complain about real legitimate complaints."-Joker_X <cite>Zeeak4444 posted [p:950258175] in Gamestop i... [t:79276563]...</cite> <quote>WingsOfGood posted... </cite> <quote>Wut</quote> hes a Tesla fanboi. </quote> ... Copied to Clipboard!
apocalyptic_4 02/03/21 11:44:23 PM #39:	Well this makes me feel better about my losses, didn't touch gamestop though that look like straight up gambling. --- XBL: Mrpicardbottoms PSN: Bosh369 <cite>apocalyptic_4 posted [p:950258390] in Gamestop i... [t:79276563]...</cite> <quote>Well this makes me feel better about my losses, didn't touch gamestop though that look like straight up gambling. </quote> ... Copied to Clipboard!
The Popo 02/03/21 11:45:04 PM #40:	g980 posted... WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay More than anything, I really think that this should just be a learning opportunity for the hedge funds that shorted to that extent. Regulations shouldnt be necessary in this case... just dont short a company to beyond 100% (or anywhere close to that). They left themselves exposed, just like the people who decided that buying at 400+ was a good idea. --- Live action Hungry Hungry Hippos though, now that was a sport. ~Aeon Azuran <cite>The Popo posted [p:950258415] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote>WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay</quote> More than anything, I really think that this should just be a learning opportunity for the hedge funds that shorted to that extent. Regulations shouldnt be necessary in this case... just dont short a company to beyond 100% (or anywhere close to that). They left themselves exposed, just like the people who decided that buying at 400+ was a good idea. </quote> ... Copied to Clipboard!
Sad_Face 02/04/21 12:06:03 AM #41:	ShyOx posted... RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed. They allowed institutional investors to trade while it was shutdown. And they sold people's shares without their permission. WTF are you guys talking about? The media was in on this because they allowed airtime multiple opinions and takes from institutional investors and not a single retail investor was interviewed at the time, they certainly didn't acknowledge how ridiculous it was in the first place that hedgefunds were allowed to short more GME shares than GME shares that exist. And we all saw the brazenly corrupt things Robinhood did. Anyone who is defending Robinhood is either blind as a bat or paid off. --- https://imgur.com/WmIB016 https://imgur.com/53FGj6K <cite>Sad_Face posted [p:950258853] in Gamestop i... [t:79276563]...</cite> <quote>ShyOx posted... </cite> <quote>RH shut down originally because they didn't have the capital to cover all of the buys; they were too exposed.</quote> They allowed institutional investors to trade while it was shutdown. And they sold people's shares without their permission. WTF are you guys talking about? The media was in on this because they allowed airtime multiple opinions and takes from institutional investors and not a single retail investor was interviewed at the time, they certainly didn't acknowledge how ridiculous it was in the first place that hedgefunds were allowed to short more GME shares than GME shares that exist. And we all saw the brazenly corrupt things Robinhood did. Anyone who is defending Robinhood is either blind as a bat or paid off. </quote> ... Copied to Clipboard!
g980 02/04/21 6:35:59 AM #42:	Sad_Face posted... They allowed institutional investors to trade while it was shutdown. And they sold people's shares without their permission. WTF are you guys talking about? These are objectively not true --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950264510] in Gamestop i... [t:79276563]...</cite> <quote>Sad_Face posted...</cite> <quote>They allowed institutional investors to trade while it was shutdown. And they sold people's shares without their permission. WTF are you guys talking about?</quote> These are objectively not true</quote> ... Copied to Clipboard!
cjsdowg 02/04/21 6:41:49 AM #43:	g980 posted... The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay Bullshit they even sold people stock. Honestly are you getting paid to shill for these assholes. Point out the regulation that said RH only had to make it so people could not buy the stock, where people stock would be sold and this just happened on a RH and few others. You could still buy it at other places. --- Bender: Well, everybody, I just saved a turtle. What have you done with your lives? <cite>cjsdowg posted [p:950264574] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote> The reason for RH shutting down GME buys has been well documented. RH isnt entirely above reproach, but not for any sort of collusion with hedge funds - its shutdown was a result of abiding by regulations meant to minimize risk/market instability WSB needs to be investigating for market manipulation though. You really cant announce "if we can pump the price of gme to x then we force a short squeeze" and think thats okay</quote> Bullshit they even sold people stock. Honestly are you getting paid to shill for these assholes. Point out the regulation that said RH only had to make it so people could not buy the stock, where people stock would be sold and this just happened on a RH and few others. You could still buy it at other places. </quote> ... Copied to Clipboard!
Cuticrusader09 02/04/21 7:48:19 AM #44:	Shadowplay posted... How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose? It was greed. I think many got in not understanding what they were getting into. I dont think many understood that the squeeze had an end date and you really had to get out by last Friday. I mean the 52 year old moron bought options, totally betting that the price would increase. An option has no underlying value. If he had bought actual stock, it would still be a loss but it would be less because he could still sell the stock. --- AC - Violet on Penny. (N), Rose on Sapphire (S) <cite>Cuticrusader09 posted [p:950265457] in Gamestop i... [t:79276563]...</cite> <quote>Shadowplay posted...</cite> <quote> How the fuck do you make it to 52, run a business, and not know to spend only as much as you can afford to lose? </quote> It was greed. I think many got in not understanding what they were getting into. I dont think many understood that the squeeze had an end date and you really had to get out by last Friday. I mean the 52 year old moron bought options, totally betting that the price would increase. An option has no underlying value. If he had bought actual stock, it would still be a loss but it would be less because he could still sell the stock.</quote> ... Copied to Clipboard!
g980 02/04/21 8:53:57 AM #45:	cjsdowg posted... Bullshit they even sold people stock. Honestly are you getting paid to shill for these assholes. Point out the regulation that said RH only had to make it so people could not buy the stock, where people stock would be sold and this just happened on a RH and few others. You could still buy it at other places. Cant tell if you are trolling or if you really only get your news from WSB --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:950266699] in Gamestop i... [t:79276563]...</cite> <quote>cjsdowg posted...</cite> <quote> Bullshit they even sold people stock. Honestly are you getting paid to shill for these assholes. Point out the regulation that said RH only had to make it so people could not buy the stock, where people stock would be sold and this just happened on a RH and few others. You could still buy it at other places. </quote> Cant tell if you are trolling or if you really only get your news from WSB</quote> ... Copied to Clipboard!
cjsdowg 02/04/21 9:04:25 AM #46:	g980 posted... Cant tell if you are trolling or if you really only get your news from WSB So can you point to the Point out the regulation that said RH only had to make it so people could not buy the stocks in question while letting other trading go on as normal. And are you really suggesting that would not impact the market. --- Bender: Well, everybody, I just saved a turtle. What have you done with your lives? <cite>cjsdowg posted [p:950266896] in Gamestop i... [t:79276563]...</cite> <quote>g980 posted... </cite> <quote>Cant tell if you are trolling or if you really only get your news from WSB</quote> So can you point to the Point out the regulation that said RH only had to make it so people could not buy the stocks in question while letting other trading go on as normal. And are you really suggesting that would not impact the market. </quote> ... Copied to Clipboard!
ktownslayer16 02/04/21 9:20:55 AM #47:	robinhood will go bankrupt after the class action suit. --- Fire Pierre Dorion <cite>ktownslayer16 posted [p:950267249] in Gamestop i... [t:79276563]...</cite> <quote>robinhood will go bankrupt after the class action suit. </quote> ... Copied to Clipboard!
BudDupree48 02/04/21 9:24:28 AM #48:	Hope so --- BANG BANG STEELER GANG <cite>BudDupree48 posted [p:950267342] in Gamestop i... [t:79276563]...</cite> <quote>Hope so </quote> ... Copied to Clipboard!
Prismsblade 02/04/21 10:54:50 AM #49:	It's kind of sad robinhood was made the bad guy in all this when they probabaly saved quite a few of its users from making a dumb decision. So many amazing, well established companys to invest millions in but you choose GME? Becuase reddit? I dont feel the least bit sorry if you lost out. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer <cite>Prismsblade posted [p:950269582] in Gamestop i... [t:79276563]...</cite> <quote>It's kind of sad robinhood was made the bad guy in all this when they probabaly saved quite a few of its users from making a dumb decision. So many amazing, well established companys to invest millions in but you choose GME? Becuase reddit? I dont feel the least bit sorry if you lost out. </quote> ... Copied to Clipboard!
CE_gonna_CE 02/04/21 10:57:02 AM #50:	Prismsblade posted... It's kind of sad robinhood was made the bad guy in all this when they probabaly saved quite a few of its users from making a dumb decision. This, p much. Anyone who watches the market on a constant basis could see this coming from a mile away, but the hype train is just too strong. Not that I think altruism was the main driver of their decisions (seriously, why restrict SBUX stock? Companies dont get much more legit than that), but it was inevitable that regular shmoes were gonna get crushed here. --- http://error1355.com/ce/CE_gonna_CE.html <cite>CE_gonna_CE posted [p:950269659] in Gamestop i... [t:79276563]...</cite> <quote>Prismsblade posted... </cite> <quote>It's kind of sad robinhood was made the bad guy in all this when they probabaly saved quite a few of its users from making a dumb decision.</quote> This, p much. Anyone who watches the market on a constant basis could see this coming from a mile away, but the hype train is just too strong. Not that I think altruism was the main driver of their decisions (seriously, why restrict SBUX stock? Companies dont get much more legit than that), but it was inevitable that regular shmoes were gonna get crushed here. </quote> ... Copied to Clipboard!
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Current Events > Gamestop is now Killing the LITTLE GUYS as One Man is DESTROYED losing 850K!! (+) Yeah! (+)

Current Events > Gamestop is now Killing the LITTLE GUYS as One Man is DESTROYED losing 850K!!