OT: Scandy's Rave Party: The Return (Live from your Basement - NO POLITICS)

[ColePens]

I can't stand social media comedians that do clip shit, but my fiancé is obsessed with this damn thing and I'll say it's kind of funny mostly because I just like dogs.

Man so many of my friends send me this. And I laugh every time.

I love animals so much. I support everyone in this thread because there are some good animal dad/moms up in here.

 

[Honour Over Glory]

Man so many of my friends send me this. And I laugh every time.

I love animals so much. I support everyone in this thread because there are some good animal dad/moms up in here.

Except @Tom Hanks , I bet he makes his Pugs watch Dominik Simon highlights like some wanker.

 

[Tom Hanks]

Except @Tom Hanks , I bet he makes his Pugs watch Dominik Simon highlights like some wanker.

At least they know Pettersson is a good D man which is more than I can say about some people

 

[KIRK]

Anyone follow the story of Game Stop over the last week.

This is some next level ****, a reddit group obliterating short seller hedge funds that drive struggling companies stock into oblivion . . .

How a Reddit group blew up GameStop's stock - CNN

Apparently, it's happened to with AMC Theaters and Bed Bath & Beyond. The establishment now is in the process of striking back: NASDAQ halted trading of a few, online brokerage firms like TD Ameritrade are limiting buying and selling options, various Wall Street voices are crying, and now the Biden administration is monitoring.

NOTE: This is NOT a political comment about either party. Anyone replying, PLEASE do not hijack it for such reasons. It's a post about the stock market.

cc: @Big McLargehuge . . . a case where our reaction to the story might be similar?

 

[dogthateats]

Anyone follow the story of Game Stop over the last week.

This is some next level ****, a reddit group obliterating short seller hedge funds that drive struggling companies stock into oblivion . . .

How a Reddit group blew up GameStop's stock - CNN

Apparently, it's happened to with AMC Theaters and Bed Bath & Beyond. The establishment now is in the process of striking back: NASDAQ halted trading of a few, online brokerage firms like TD Ameritrade are limiting buying and selling options, various Wall Street voices are crying, and now the Biden administration is monitoring.

NOTE: This is NOT a political comment about either party. Anyone replying, PLEASE do not hijack it for such reasons. It's a post about the stock market.

cc: @Big McLargehuge . . . a case where our reaction to the story might be similar?

Scroll up

 

[Beauner]

Anyone follow the story of Game Stop over the last week.

This is some next level ****, a reddit group obliterating short seller hedge funds that drive struggling companies stock into oblivion . . .

How a Reddit group blew up GameStop's stock - CNN

Apparently, it's happened to with AMC Theaters and Bed Bath & Beyond. The establishment now is in the process of striking back: NASDAQ halted trading of a few, online brokerage firms like TD Ameritrade are limiting buying and selling options, various Wall Street voices are crying, and now the Biden administration is monitoring.

NOTE: This is NOT a political comment about either party. Anyone replying, PLEASE do not hijack it for such reasons. It's a post about the stock market.

cc: @Big McLargehuge . . . a case where our reaction to the story might be similar?

I think it's hilarious. And highlights the need for regulation on these things- I think I heard the outstanding short positions accounted for 120% of GMEs total float. That shouldn't be allowed to happen. And now TD is limited activity because they don't have the funds to cover these positions. It's like 2008 all over again, though not nearly to the same degree

 

[T1K]

Kill the hedge funds!

 

[KIRK]

Scroll up

Apologies @That1Kid, you know how lazy old people like me are.

 

[Big McLargehuge]

Nothing else I would say would fall within the rules

 

[KIRK]

Kill the hedge funds!

You watch the forces that are going to fight back against this. It's just barely started. Rule #1 of the establishment (any establishment) is that only the establishment gets to manipulate the rules.

Nothing else I would say would fall within the rules

You couldn't have limited yourself to 'populists of the world unite'?

 

[Big McLargehuge]

You watch the forces that are going to fight back against this. It's just barely started. Rule #1 of the establishment (any establishment) is that only the establishment gets to manipulate the rules.

Indeed...this won't end well for the "little guy." It never does.

You couldn't have limited yourself to 'populists of the world unite'?

Strange bedfellows for stranger times

 

[T1K]

You watch the forces that are going to fight back against this. It's just barely started. Rule #1 of the establishment (any establishment) is that only the establishment gets to manipulate the rules.



Populists of the world unite?

Oh yeah, there will be regulations coming soon, I’m sure. Those greedy hedge fund bastards over-leverage themselves to death with no repercussions. They deserve this. Retail investor always gets ****ed so it’s nice seeing the opposite happen for once.

 

[dogthateats]

How r/WallStreetBets gamed the stock of GameStop

As someone who doesn’t know anything about trading, I found this article easier to understand after previously reading a couple from other sources.

 

[Iggy Smalls]

@Iggy Smalls GME at ~$330 now. This is crazy!

I was really fortunate to get in @ 69. It looks like AMC has the potential to explode next so I would definitely keep an eye on it especially while it's cheap. I imagine once GME busts many will flock to AMC/BB/NOK, etc. I think GME will hit 500 come Friday.

 

[Randy Butternubs]

It's just barely started. Rule #1 of the establishment (any establishment) is that only the establishment gets to manipulate the rules.

f*** 'em for now though.

 

[T1K]

I was really fortunate to get in @ 69. It looks like AMC has the potential to explode next so I would definitely keep an eye on it especially while it's cheap. I imagine once GME busts many will flock to AMC/BB/NOK, etc. I think GME will hit 500 come Friday.

Wow, congrats. How much longer are you gonna hold GME for? I’d have cashed out by now.

My buddy from college was just telling me he bought 100 shares of NOK this morning. I have incredible FOMO right now.

 

[T1K]

Efficient Market Hypothesis (EMH).

Brb, checking to see if I can get a refund on my finance degree!

 

[Iggy Smalls]

Wow, congrats. How much longer are you gonna hold GME for? I’d have cashed out by now.

My buddy from college was just telling me he bought 100 shares of NOK this morning. I have incredible FOMO right now.

I don't have many shares I only bought 10 which I regret now. I'll probably sell 1 come Friday to ensure a profit and then let the rest ride unless they go bonkers. Then eventually invest in AMC and stash the leftovers for 2021 Roth. Fun little ride!

 

[Tom Hanks]

Here’s you Australian pet spider @BlindWillyMcHurt . Comes with a free bird

 

[BlindWillyMcHurt]

f***ing hell... Australia, man.

 

[dogthateats]

How frequently does a normal, suburban person see a venomous snake or spider bigger than one’s hand in Australia? Genuinely curious.

 

[BlindWillyMcHurt]

How frequently does a normal, suburban person see a venomous snake or spider bigger than one’s hand in Australia? Genuinely curious.

I've watched vids of Aussies casually wave at a spider the size of a small dog dashing across their wall and be like "Oy it's just Ol Fangs out for a stroll today innit?"

Not that that's some kind of answer.

 

[Tom Hanks]

How frequently does a normal, suburban person see a venomous snake or spider bigger than one’s hand in Australia? Genuinely curious.

Venemous snake I’ve only seen 2 and I lived in the outback for 6 months. Rest of the time I was in the last metro suburb so semi rural. Was having a picnic with the girlfriend when a 6ft brown snake (2nd most poisonous in the world) came past us. I ran and jumped on the hood pretty quickly. The other time there was one in our backyard but we just called the City and they took it away.

Spiders as big as your hand will be in every home at some stage. The Huntsman spider is big but harmless and non poisonous. Most gardens will have a redback spider which I believe is like the black widow. I’ve seen plenty of both.

The pictured spider (bird eating spider) is up North and I only saw it’s web when I was on a vacation. @KIRK lived close to where I stayed (Surfers Paradise) but he was closer to the city so I’m not sure if he ever saw one.

 

[Honour Over Glory]

How r/WallStreetBets gamed the stock of GameStop

As someone who doesn’t know anything about trading, I found this article easier to understand after previously reading a couple from other sources.

I'm waiting for Reddit to finally boost my stocks in Sea Monkeys.

 

[Honour Over Glory]

At least they know Pettersson is a good D man which is more than I can say about some people

HE SUCKS!