You don't think it's a little late to jump on that train? The next one might pay better.
Lets talk GME etc.
- Thread starter GP403
- Start date
I've been watching it as I find it amusing to see a group of average joes whoop up on the greedy hedge fund d-bags that are gambling with companies! I only have a few shares of AMC, and bought into the silver for the fun.
Most of my investments are diversified, and mostly low risk as they're for long term growth and compound interest building.
Most of my investments are diversified, and mostly low risk as they're for long term growth and compound interest building.
Probably. Like I said I ain't worried about it, just wondering if I'm the only one who thinks this is interesting and educational... and possibly (maybe who knows) make some beer money out of it.
Worth noting that this "Silver" business isn't being driven by WSB at all, from my observation, despite what almost every "expert" is saying. Literally everyone in there believes this is driven by the managers/brokers (who conveniently happen to own a sh*t ton of the stuff) to try and distract and recoup their losses.
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Also obDisclaimer just to CMA: Not financial advice, not promising jack squat, just "like them stocks" etc.... in case someone does see this and lose their shirt. Don't say we didn't warn ya. Don't be stupid. I'm here to learn and spot the next one.
We are in for the wrong reasons.
1. Entertainment;
2. Sticking it to Wall Street; and
3. Just wanting to see things burn (see 1 and 2).
Despite what I do as a professional I am pretty anti-establishment. Good people doing good things for their fellow man is the meaning of life. Bring everyone up. This situation is the total opposite of that.
WS has tipped it's very corrupt hand numerous times in the last week (Robinhood, subversion, fake news, literal yelling matches on TV). We all know corruption exists, and this is just the tip of the iceberg.
There will be a bailout - "too big to lose" has come 13 years round trip. But, even if the losses are in the 1-70 billion dollar range - it is still just a drop in the bucket to a 43 trillion dollar global economy.
This is just egg on the face of some over-confident snakes who got exposed.
The rest of us are going to pay for these transgressions with new regulations to protect the market (and the interests of those who really matter) which will make it harder to do this again.
1. Entertainment;
2. Sticking it to Wall Street; and
3. Just wanting to see things burn (see 1 and 2).
Despite what I do as a professional I am pretty anti-establishment. Good people doing good things for their fellow man is the meaning of life. Bring everyone up. This situation is the total opposite of that.
WS has tipped it's very corrupt hand numerous times in the last week (Robinhood, subversion, fake news, literal yelling matches on TV). We all know corruption exists, and this is just the tip of the iceberg.
There will be a bailout - "too big to lose" has come 13 years round trip. But, even if the losses are in the 1-70 billion dollar range - it is still just a drop in the bucket to a 43 trillion dollar global economy.
This is just egg on the face of some over-confident snakes who got exposed.
The rest of us are going to pay for these transgressions with new regulations to protect the market (and the interests of those who really matter) which will make it harder to do this again.
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The way I see it, in the old days in order to invest you had to really put boots on the ground to do company research for the stock market and find a stock to invest in. Hit up the libraries for public reporting, read the WSJ, make deals and friendships over years, research, ect.
Now you can just type in some letters into google and have their entire company details at your fingertips. I imagine that it does help hedge fund managers, but it probably INFURATES them more that now everyone has at least a good amount of information they had to spend decades to get.
Not a lot of things unite people on both sides of the political spectrum but I saw pretty universal agreement that nobody likes hedge fund managers lol.
Now you can just type in some letters into google and have their entire company details at your fingertips. I imagine that it does help hedge fund managers, but it probably INFURATES them more that now everyone has at least a good amount of information they had to spend decades to get.
Not a lot of things unite people on both sides of the political spectrum but I saw pretty universal agreement that nobody likes hedge fund managers lol.
Companies also used to reinvest in themselves. Now, they rely on the "stakeholders" to line the CEO's pockets and cut product quality to bare minimum in the name of profits to keep the circle going.
Yup. Long term investment used to justify companies making crazy prototypes to possibly learn for the future. GM atomic cars for example. Advanced tech used to be internally developed and when you invested it was for the long run.
Now 'shareholder value add' is a core business slogan for many companies. Always going for the 1 or 2 year profitability instead of the 10-20 year plan.
Always doing stuff to pump up the stock price; layoffs, pay freeze, hiring freeze, ect.
Now 'shareholder value add' is a core business slogan for many companies. Always going for the 1 or 2 year profitability instead of the 10-20 year plan.
Always doing stuff to pump up the stock price; layoffs, pay freeze, hiring freeze, ect.
sigh.
yes. insider trading is part of the problem and it goes on at all levels of politicks and business every day. it should absolutely be investigated impartially no matter who it is and appropriate penalties and punishments applied.
[long pause]
like that will ever happen.
But... not the same thing. like I said in the FIRST SENTENCE, politicks didn't need to enter into this.
yes. insider trading is part of the problem and it goes on at all levels of politicks and business every day. it should absolutely be investigated impartially no matter who it is and appropriate penalties and punishments applied.
[long pause]
like that will ever happen.
But... not the same thing. like I said in the FIRST SENTENCE, politicks didn't need to enter into this.
Nobody said politics. Insider trading is done between the steak house, board room, and trading room floor.
How else are some stocks extremely stable, yet others volatile?
How else are some stocks extremely stable, yet others volatile?
There was. Deleted the post. I Should have been clearer.
And if anyone knows the answer to that last question they’ll have cracked the entire market. 🤷🏼
