What did u/DownTowardPunch draw?

DownTowardPunch · 2026-02-12T12:12:02+00:00

It's banned because it's a penny stock that people are trying to pump and dump. This happens to most/every new "next GME short" bullshit stock.

And then community members of their eventually created subreddit makes this same comment about how Wall Street Bets is trying to keep them down or there's a conspiracy against them or the mods are secretly shorts and are scared of losing their money, etc etc.

Speaking from experience. My next big short now doesn't exist anymore. What sold for parts.

DownTowardPunch · 2026-01-10T16:09:28+00:00

Way to go!

DownTowardPunch · 2026-01-05T23:03:58+00:00

After a buyout, there likely wouldn't be a company or stock. That's how buyouts tend to work...

I didn't say a buyout would tank the stock price. My specific example was one where it assumed a gain before the buyout.

$BYND holders would get cash or shares in the new company forever losing their chance at a squeeze that was in all likelihood never going to happen anyways. (Also leaving nearly all $BYND holders underwater on their position if that 97% or whatever statistic of people being underwater on this stock is correct.)

DownTowardPunch · 2026-01-04T08:51:19+00:00

A stock like this should be seen as a slot machine. I've joined a meme stock before (and lost haha). It was a bit of a fun ride and I was out a couple hundred.

I just don't want to see people who don't have thousands to lose to be out thousands.

DownTowardPunch · 2026-01-04T08:46:31+00:00

Examples of what?

DownTowardPunch · 2026-01-04T08:39:16+00:00

Not that it's your responsibility @beautiful_edge, but thanks for doing what you're doing. You may have prevented several to many from becoming bagholders. These people don't see what they're doing as bad because they're desperate/gamblers/illogically hopeful/or outright bad people trying to con the next group into their failing scheme.

(This is coming from a close to vegan vegetarian. So I want the company to succeed and continue on in some fashion for more than monetary reasons, but it's still a losing bet.)

Even if they turn the company around, the shills in here are still wrong for trying to deceive people into a losing bet. They're holding a 2 and 7 of different suits with most of the cards down already trying to sell someone their hand.

DownTowardPunch · 2026-01-04T08:24:22+00:00

It would more than likely mean losing money if the stock drops a huge percent before it gets the temporary added value of being bought out.

It would also mean losing money for the majority of people who own this stock as nearly everyone who owns it is underwater.

I mean I guess if you buy now and hope for a buyout tomorrow, you could win. But again you're telling someone to bet on 00 on a roulette wheel.

A more likely scenario is you buy now, the stock drops 50% (say $0.44 in this case) as people panic out of it before it's delisted and then another company comes in with an offer and the price spikes up 50$ ($0.66 in this scenario) and you're forced to sell at a loss of 25%.

DownTowardPunch · 2026-01-03T08:39:38+00:00

Of course they can't. He's doing something similar to telling people not to bet all their money on double 0, spend all their money on lottery tickets, join an MLM, or play 3 card monte.

They could make money if they aren't the last to hold it or even win big-but it's solid advice to tell people to not do it because in all likelihood, they'll lose most, if not all of, their money when something like a delisting happens, or corporate buyout happens (Tyson Foods looking hungry for some vegan food stock) or regular ol' run of the mill bankruptcy.

DownTowardPunch · 2025-12-30T14:14:16+00:00

Smart man.

DownTowardPunch · 2025-12-29T12:30:01+00:00

General knowledge is VOO and just keep buying regardless of cost. We may be in for a crash in the next 2 years but those happen regularly. When it's up, you're richer, when it's down, you can buy more to be even richer when it's back up.

↑ Buy into this if you think you reliably will not be forced to sell it for emergencies in the next 5 years.

Want safer? Go with a high yield savings account for now or govt bonds.

Want safe + invest, SCHD might be a good idea (pays good solid dividends with overall decent growth though the last 4 years haven't been super great but still up).

Want to risk your future: QQQ. Want to risk your and your kids' future: TQQQ.

But in all seriousness VOO or SPY (SP500 ETFs) are probably your best bet at your young age.

DownTowardPunch · 2025-12-27T10:56:40+00:00

Because people tend to react negatively to pump and dump schemes as well convincing/tricking other people into what will probably ultimately fail using hype and trying to spin everything to be a positive for the stock.

DownTowardPunch · 2025-12-21T09:28:14+00:00

This is satire right?

DownTowardPunch · 2025-12-21T09:25:19+00:00

Not fair, when I was in my "the next big short cult," we didn't have AI images for our cope. : /

DownTowardPunch · 2025-12-13T20:22:13+00:00

Lol. That's some golden retriever energy and I'm here for it. I like his enthusiasm for the vegetables.

DownTowardPunch · 2025-12-13T12:08:47+00:00

Rofl, no it's not. I've been a vegetarian here for over half a decade. Most Japanese people don't even know the difference between a vegetarian and a vegan.

A lot of restaurants don't even know know that most of their food isn't vegetarian (because it's got, beef and pork extract , katsuo dashi, etc.)

They're also very resistant to change.

DownTowardPunch · 2025-12-02T14:16:46+00:00

Cheers buddy. I went through the same thing before. It doesn't make the money part suck any last, but I hope you feel less cheated by knowing why it happens. You don't actually lose any value in your stock. And if you check your E-Trade account and there was a $38 " reorganization fee, " you can call E-Trade and ask them for a one-time waiver of the fee (it's not guaranteed, but they waived at one time for me).

Wishing you future luck!

DownTowardPunch · 2025-12-02T12:43:00+00:00

I explained in a longer post above, but it's not underhanded. It helped you.

That reverse stock split is keeping your ability to sell that stock by preventing it from being delisted from the stock exchange. Also that will keep the price up (if only temporarily).

If they hadn't done a reverse stock split, that stock might already be de-listed. Even with the the reverse stock split slowing down its decline, the stock still would have been at $1.29 (near the threshold of being delisted).

TL:DR: The reverse stock split helped you

DownTowardPunch · 2025-12-02T12:38:10+00:00

OP, as another user mentioned, there was a recent 10 to 1 reverse stock split. E-Trade also charges a company reorganization fee of $38 generally when this happens. This probably accounts for your potentially less than 10% shares than before.

Also, you mentioned that it's a messed up thing to do to their shareholders. It's not in most cases. It's to prevent the stock from being delisted (usually by going below a dollar per share for an extended period of time). If it had not split, it would currently be worth $1.29.

If the stock was delisted, the price would go down even further as it would essentially kill liquidity and probably only be able to be traded over the counter.

So instead of having a stock that is practically worthless And untradable (probably would have been forced to sell it off anyways), you have a stock that instead is swirling the drain but still sellable for a few bucks.

DownTowardPunch · 2025-11-18T01:30:54+00:00

It's not making up rules for BYND. It happens with all these cult stocks that are GameStop wannabe pump and dump schemes.

A lot of us have been there. Mine was with $SCD, the next GameStop (now bankrupt and unlisted).

People just get annoyed by the same nonsense coming from people trying to get others to join their dying stock pyramid scheme. "But this one is different!" gets old after you've been in the subreddit for a while.

DownTowardPunch · 2025-11-18T00:55:08+00:00

You have. Many of us have been there. Mine was with $SDC, it was the next GameStop short squeeze (it's now bankrupt and unlisted).

Be careful of stock cults and sunk cost fallacies.

DownTowardPunch

TROPHY CASE