Robinhood(and others) block GME, BB, NOK, and AMC

The investigations have begun and the suspects are being watched closely

 

feels like some days in the military

 

This is pretty much how everyone who has GME is. Seeing the double standard for big money compared to the rest of us. None of us care about the cost, we want to watch it burn. 2021 is going to be fucking great! If this is how we start the year, I am fully expecting aliens next month.

 

Oh there are reforms coming alright...Going to have to be a lot of tip toeing around this subject after that as the conversation will almost certainly start revolving around politics then.

 

Just wait if they actually send out those $1,400 "stimulus" checks. GME will go through the roof.

I could see them not sending anymore if they know that a lot of people will use them to stick it to the system.

 

Oh yeah, we aint getting those checks anymore. We make our own stimulus checks now.

 

better to gamble at casinos can avoid tax

 

@2008taco thanks guys!

 

This guy here thinks this movement is about making money...

And you'll only avoid tax at a casino if you're making chump change. Hit any real money and the gummit gonna be reachin their hands into your pockets faster than the hooker that saw you win.

 

Yeah, I aint making money on this anymore. I started in to make money, but after the shit that went down yesterday and today. Im here to watch wallstreet burn, we eat the rich next week. Get your chick-fil-a sauce ready for this one.

Ill make money on something else. Gamestop is a badge of honor now. In 40 years I can show my grandkids that I stood side by side with millions of other idiots just to prove a point.

 

So just a heads up. Anyone who wants to try to get a paper version of your stock.... they stopped doing that like 9 years ago. So, you can have your own custom made here. Im going to have a few made to frame .
https://www.corporateseal.com/category/stock-certificates-corporation-custom

Looks like it comes in packs of 20, I only want 2 or 3, so I can send the rest to people who want them.

EDIT: people might not want mine, im putting the price I paid on them, and it will have my state in there too.

 

When you take out a second mortgage your house to go balls deep on DogeCoin.

 

https://www.nbcdfw.com/news/local/n...es-gamestop-gains-help-sick-children/2537134/

GME investor donates 10 nintendo switches to children's hospital.

 

Linus Tech Tips decided he would match all superchats by 5X. Capped it at 50k after he saw where it was going. Then called his wife live on stream to tell her! Was very entertaining.
https://www.youtube.com/watch?v=Ic7NhQ62njg

 

I watched that. I liked the part where he said they are going to ride it right into the ground. His 50k sacrifice will ensure others wont be left on the moon in the return trip.

 

2011 all over again (work from home edition)

 

Occupy didn't achieve anything. There are even pictures and videos of the rich assholes mocking the protestors. This is MUCH MUCH different and has already killed a few hedge funds. I'll explain.

Say Gamestop has 100 shares total, worth $1. You own 10 of those shares. You loan those shares to a friend for 6 months after which he has to return them + a bit of interest. He sells those shares and invests that money in something else. After 6 months he has to buy 10 shares to return the ones he borrowed to you regardless of if they are worth $0.10 or $1000. If he sold at $1 and bought them back at $0.10 he made $0.90 just by selling and rebuying alone. If they are instead worth $10, he now has to spend $100 to give you back your shares. He is betting on them being worth less. Up to this point it sounds like honest gambling.

Now for the true evilness. Hedge funds try to borrow significant chunks. 10-50%. When 10-50% of a company's stocks are being sold at once, many investors see that as a sign of a company failing and sell off their shares while they're still worth something to cut their losses. In today's age, most investors use computers that automatically sell off at high and low limits that you set. This type of market manipulation is legal...

What redditors have done is said screw that. They keep buying the stocks and driving the price higher and higher. If they hold onto their stocks for long enough, eventually the hedge funds will have no choice but to buy them at an extravagant amount, because after all, you only let your friend borrow them for 6 months. At that point hedge funds will be forced to buy 15-50% of a company's shares, at what ever the market value. When this started they were selling those borrowed shares at $17. They're at $325 now and your friend borrowed millions of shares, not 10 like my simplified example.

Occupy was people willingly camping in a park. This will leave many of those hedge fund investors camping there unwillingly.

 

Ok there is some funny business going on here with robinhoods "blocked" stocks.

Ive been watching the list evolve and change. Many of the stocks listed are not involved in this, and are stocks I have had before. ZOM, GNUS, XSPA are or were on the list at one point in the past 3 days.

It got me thinking, all these stocks have great products, great news, and great partners, yet they always go down on good news. Then it hit me, they are shorting the fuck out of these stocks also. Thats why when Arnold jumped in on gnus it went down, when xspa got airport contracts it went down... things that should of made them go up made them go down. I lost a good amount of money on xspa because of these... people got annoyed with losing money and dont touch these stocks anymore, thus making them go down more and more.

So, right now gnus is shorted 30%, robinhood is blocking it down to 600 shares.... so since I cant get anymore GME on RH, im going all in on gnus.

 

I was told about GNUS early on and bought 1000 shares after it started to rise rapidly, should have sold when the greedy bastards sent it up to $10+ a share. Just didn't realize what was happening at the time. I'm down several K as a result. When you look at the product and what licenses they own, you have to ask how it is not succeeding. I'm just going to hold if for the long haul keeping my fingers crossed.
As for xspa, I got in reasonably cheap and only bought 300 shares because I did not have full confidence it would take off after the big announcement of them getting covid testing contracts at JFK. Then the reverse split happened and I dumped it. At least on that one I made a few hundred dollars.
Nikola is another one that I should have ditched too, unfortunately I'm sitting on 150 shares that I bought when it started to rise. Not a ton of money invested, but like GNUS I will hold it for the long term and ride it out.

The biggest shocker to me, and it is continuing to go up, was Chewy. It dropped to $20 a share during March madness. It's previous high was $40. I'm in the animal industry and figured I'd keep an eye on what it was doing. When it got back up to $40 I thought...nah it can't keep going. Boy was I wrong. It's now sitting at $100. I should have known better, but my passion for hating them led my astray. Same thing happened with Petsmart in the 90s. There was huge opportunity there.
I just want to buy some Gamestop, like you, to stick it to them.