Poll of the Day > Babe wake up, new Folding Ideas just dropped

(+) Yeah! (+)

https://www.youtube.com/watch?v=5pYeoZaoWrA

Yeah its a few days old, but I only just noticed it was out today. And yes I did just watch a two and a half hour video about memestock insanity.

Also yes I did remake the topic because of a spelling mistake in the title, thank you very much autocorrect.

Yeah I remember the stock cults. Total trash in terms of making money. You just invest in a stock and it becomes a terrible gang of human nature on all forums. In the better areas you would have voices of reason, but GME was heinous because you had all these people that lost their life savings, and there's no possible way they were going to not go full sunken cost schizophrenia.

(don't read the following until you watch the whole video, seriously)

The GME cult described in the video is very severe. Turns out no one actually made money except the ones that orchestrated the pump and dump. It's insane that it evolved into a cult that actually expected to overthrow the "global" market and take over the country. He took a look at one, but this is common across all tickers. Endless uneducated speculation building on itself, unintelligent mobs shouting slogans.

Like, uhh, we're here to make money?...

I also want to point out that I wrote a scraper and did data analysis on Stocktwits posters over the course of a year. None of these fuckers are making money. The ones that are, are statistically lucky.

If anyone knows how full of shit these people are, it's me.

Yellow posted...

(don't read the following until you watch the whole video, seriously)

It's not really a spoiler to know that it didn't go anywhere but up their own asshole.

shadowsword87 posted...

It's not really a spoiler to know that it didn't go anywhere but up their own asshole.

I know reality isn't really a spoiler, but it's much better to follow the story from the video, imo

Yellow posted...

Yeah I remember the stock cults. Total trash in terms of making money. You just invest in a stock and it becomes a terrible gang of human nature on all forums. In the better areas you would have voices of reason, but GME was heinous because you had all these people that lost their life savings, and there's no possible way they were going to not go full sunken cost schizophrenia.

(don't read the following until you watch the whole video, seriously)

The GME cult described in the video is very severe. Turns out no one actually made money except the ones that orchestrated the pump and dump. It's insane that it evolved into a cult that actually expected to overthrow the "global" market and take over the country. He took a look at one, but this is common across all tickers. Endless uneducated speculation building on itself, unintelligent mobs shouting slogans.

Like, uhh, we're here to make money?...

Yeah I remember when it was happening, and the price was like $500, I was on WSB telling people "sell! sell! sell!" and even then, I knew there's pretty much no way it can go much higher than this, and I hadn't even bought in, and I was trying to help people realize they were at the top, they were telling me to stop spreading FUD. Then in the following days all the weird culty shit started to pop up, and I was like "guys. you missed your chance, there's no short squeeze coming, the action already happened." and I was just downvoted into oblivion, so I stopped trying to help them, because they didn't want help.

Expected tips for storing my clothes

Meh/10

Yellow posted...

Yeah I remember the stock cults. Total trash in terms of making money. You just invest in a stock and it becomes a terrible gang of human nature on all forums. In the better areas you would have voices of reason, but GME was heinous because you had all these people that lost their life savings, and there's no possible way they were going to not go full sunken cost schizophrenia.

(don't read the following until you watch the whole video, seriously)

The GME cult described in the video is very severe. Turns out no one actually made money except the ones that orchestrated the pump and dump. It's insane that it evolved into a cult that actually expected to overthrow the "global" market and take over the country. He took a look at one, but this is common across all tickers. Endless uneducated speculation building on itself, unintelligent mobs shouting slogans.

Like, uhh, we're here to make money?...

that isnt an entirely true statement

EvilResident posted...

that isnt an entirely true statement

I don't know what you mean.

Yellow posted...

I don't know what you mean.

well you said: Turns out no one actually made money except the ones that orchestrated the pump and dump.

I dont know if you were being sarcastic or not but that isnt true

EvilResident posted...

well you said: Turns out no one actually made money except the ones that orchestrated the pump and dump.

I dont know if you were being sarcastic or not but that isnt true

It turns out that the people who primarily lost money were retail investors.

Hedge funds lost money too but it was more of a pump and dump than a short squeeze.

Ok yeah on that I agree/believe to be true