Still think TITNC3: Return of the Iceberg was peak

bro your charts as useful as columbus' when he sailed to find the west indies

 

Pretty much. RSI still helps but GME held overbought for 33 minutes yesterday. lol

 

All of you!!!!

https://www.youtube.com/watch?v=J06yQb4lbPk

 

Pretty nuts. The comments are gold lol...
“Instructions unclear, bought 100 GME shares using my wife’s boyfriends credit card”

edit/ wtf did yall see the comment about market selling fractional shares?
One guy got 2600 for .11 and another got 2605 for .18

 

Once you learn the lingo, WSB has some of the most hilarious comment threads on the internet. These autists know what they are about.

 

Everyone getting into the game...

https://www.reddit.com/r/wallstreet...e_bros_listen_up_today_is_the_day_its_a_zero/

... and Robinhood gonna allow "limited buys" ... Robinhood Is Said to Draw on Bank Credit Lines Amid Tumult (msn.com)

Tomorrow is going to be rather... interesting.

 

Oh I have been on WSB for 2 years I know lol. I commented it earlier but I took like a month or two off for the first time in SO long... it hurts but I’m still in this thing

 

Read that, really really interesting !!

 

I only lurk, but the mood over there has decisively shifted to "If it burns down the stock market, so be it".

The possibilities at how this plays out from here forward are terrifying. I see everything from bankrupting small institutional investors and wounding large ones severely as GME shareholders get paid up to Congressional testimony/tons of class action lawsuits over clearly illegal activity by brokers and market makers engaging in market manipulation/willfully breaching contract on *millions of transactions*.

I have no idea how you sort any of that out, but I can tell you this much: I'm not selling my goddam 16 shares. HODL.

 

Well, most of that was over my head. I got it after the TL;DR part though. But the best way to learn is by doing

 

I did see that. And it makes me wonder: WTF happens if 70,000,000 shares go to infinity? At what point DO you decide to go to prison rather than lose $20 billion?

We're worlds away from speculative investing at this point. Now we're trying to game-theory human nature.

 

Once I'm a multimillionaire they're all welcome to go to prison

 

Put another way, how much would someone have to pay you to go to prison for 10 years? 20? The rest of your life?

Almost everything has a number. This number for the decision-makers at hedge funds and brokers is probably what this all turns on. I imagine at some point they each have a breaking point of "I'd rather be in prison with X billion/hundred million/whatever than free with nothing. We aren't honoring the trade. Do your worst.".

 

put a limit sell on my shit at 5k.

just in case im not around lol

 

Hmm

 

What are you in at? No worries if you don’t want to share but I like your style.

 

Also, apparently the very big immediate risk is clearinghouse liquidity:

https://www.youtube.com/watch?v=4RS4JIEVyXM&feature=youtu.be

And it's gonna get worse tomorrow. Possibly much worse.

 

I fear that there will be so many triggered halts that the volitility will create HUGE swings. Still holding AMC, might get back into GME on one of thier dips.