Already 16 bucks from 5 yesterday. Highly shorted stock. Anyone buying? LOL

This has got to be the beginning of the end. Wall St and the government won't allow us plebs to make money like they do.

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Sry just posted this in the GME thread...

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Hawaii (fuck) You

I don't doubt that this will all end terribly, but it's glorious to watch it play out. And to see the hedge funds lose billions.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

Denis, buy 1000 shares of AMC!

It's up to 21 bucks. A 335 percent increase. What are the odds this brings down a bunch of firms and snowballs into a market collapse? The market has been propped up since 2009 by the FED and low rates. Maybe this is the endgame.

Just looking at 3D systems...DDD. About $5 in November, $10 at start of year, and $36 now.

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Hawaii (fuck) You

I have debated some option plays, but I am going to stay away. I cleared out the last of my trading portfolio in December recovering quite a bit on M and making a three bagger on PINS neutral on T, and sold the last of my holding from my former employer AFG.

My long term holdings have gone bananas. I recall being in grad school back in 1998 and 1999 when dot com fever was running rampant. At that time, I wished I had scratch to invest. Now here we are again, and the market is adding six figures to my wealth each month. It will not last, I suspect, but then again government printing presses are going to inflate everything.

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Hawaii (fuck) You

This is how you really Occupy Wall Street. Power to The People! Listening to these guys whine like bitches is as sweet as when Sir Larry (not our Sir Larry) jackpotted Gordon Gekko.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

CNBC is going crazy. The commentators jaws are on the ground. Sounds like they’re taking social media heat for trying to pump the brakes.

People are going to get hurt. A Retard said it best about putting money away and just letting it sit as the best long term approach.

But hey if they take down leveraged hedge funds, I am all for it. The Rise and Fall of Long Term Capital is one of my favorite books....that was Wall Street against Wall Street.

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Hawaii (fuck) You

They're all upset because wealth is being transferred in the wrong direction.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Suddenly Wall Street is demanding regulation. It's hilarious.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

The regulation would be to not overextend yourself on shorting of stocks.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

I bought 55 shares at $4.51 on Monday. I wish I could've got in earlier.

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So billionaires need to be protected from themselves? What happened to Muh Free Market?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Robinhood is crashing like crazy. Can't keep up.

_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?

Looks like trading on AMC may have been halted.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Or the ban on naked shorting, which seems to still be an issue.

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It wasn't an issue when the rich guys were winning.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

The rich guys will always win in the end.

It's fun to see them squirm in the meantime though.

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Longs have always complained about naked shorting. Honestly who cares?

Investors get so worked up about short sellers. They love when sell side analysts cheerlead and pump stocks. Short sellers are a natural check on overvalued stocks. Why is it ok to pump an overvalued stock but wrong to say it is overvalued and bet against it?

_________________
Hawaii (fuck) You

I don't consider the question one of morality, i.e. "good" or "bad". Some guys made a bad bet. They should take their fucking lumps and stop crying about Reddit.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Truer words have never been spoken.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

It's great to watch the news act like this is a disaster. "Some hedge funds are taking this really hard." GameStop shortsellers are down $5 billion, which is more than the total value of GameStop. Now they halted sales of AMC.

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Why are only 14 percent of black CPS 11th-graders proficient in English?

Not often, but sometimes they lose their heads.

_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?

They lost at their own game. It's really as simple as that.

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You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!

No reason to be halting AMC.

Just because the price action goes against the institutions they halt it?

The complaint isn't against short selling in general...it's when people short without borrowing the stock first.

It's not a perfect analogy, but I am reminded of the arguments against certain derivatives. It's like being able to take out insurance not only on your own house (which you have a financial interest in), but on your neighbor's house. If enough people take out insurance on a home they have no vested interest in, then there is an incentive to burn that house down.

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Free markets until they don't work for me! Where is Milton Friedman when we need him?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

That raises the question- and I admit that I'm not sophisticated enough to answer it, maybe Dennis can (no sarcasm)- why do we allow this casino style nonsense anyway? I get the original point of a stock market- so companies can raise capital. But what is the point of shorting and indexes and derivatives other than allowing a bunch of guys who don't produce anything tangible or positive for society to make obscene sums gambling?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don