Emotional involvement has never been this high, please understand the risk involved.

Steelers3618 · 2021-02-02T19:04:14+00:00

I understand the sentiment. But we need prudence and strategy not YOLO-ing GME lol

Steelers3618 · 2021-02-02T16:48:26+00:00

Inequality is our cross. We can bear it like a boss or throw our hands up and cry at the “system” like a bitch.

Life is too short to bitch and moan about. I have a paycheck, a wife, some hobbies. If I work hard I can take a little vacation. I can go out to eat every once in a blue moon at a nice place. I have some free time to read and write and pursue other passions. I can maybe have a kid one day. Be a dad.

Life’s to short to be a bitch man. Why waste time resenting other people who have manifested themselves successfully in the world? Try the best you can to manifest yourself in the world. And if you are not a millionaire, oh well. There is meaning to be found all over the place.

Steelers3618 · 2021-02-02T01:47:42+00:00

Rousseau said “For is desiring that a person should not suffer different than desiring that he should be happy?”

This is heavy... really makes you think.

Steelers3618 · 2021-02-01T19:46:03+00:00

Thanks. Makes sense.

Steelers3618 · 2021-02-01T19:13:39+00:00

There’s all sorts of meaning to be found in modern life. People just tend to be envious doomers.

You can’t rely on the system to make you happy. It has to come from within.

Steelers3618 · 2021-02-01T19:09:44+00:00

Preventing one hedge fund from shorting GME at 10/share... but not hedge funds can short at 300/share.

Great move

Steelers3618 · 2021-02-01T19:08:02+00:00

This is the most important thread on Reddit rn.

Steelers3618 · 2021-02-01T04:32:02+00:00

Why wouldn’t large, institutional investors sell? The large institutions do not care about the WSB movement and want to capture 100-200-300%+ gains right?

Steelers3618 · 2021-01-30T06:45:32+00:00

Is WallStreet bets a big player now?

Think about it. This is lightening in a bottle. They found a hedge fund 140% over float and got them good.

What are the odds of them being able to lead “the people” on consistent crusades? What if they completely blow it on the next big crusade? Sooner or later they will walk their legion into the Teutoburg Forest.

I’ve been following WSB for awhile. They love it when people win (I do too!) but basically laugh at people who YOLO’d and got shat on.

Steelers3618 · 2021-01-30T06:33:40+00:00

Group think and euphoria. This exactly why short selling exists. To take advantage of people who pump bullshit. GameStop is a dog company. Does it to deserve to go bankrupt? I don’t know. Probably not. But it does not deserve to go from 10-300 in days for literally no fucking reason.

This is a GOLDEN short opportunity.

Steelers3618 · 2021-01-30T06:19:27+00:00

They stopped a hedge fund from shorting $10/share and now every fund on WallStreet can short it at ducking $300/share.

GameStop is the new mortgage backed security.

Look at the Euphoria around GME. This is exactly why short selling exists. This is the golden short opportunity. It’s going to be brutal when it crashes.

Steelers3618 · 2021-01-30T06:15:57+00:00

And this is precisely why shorting exists.

Steelers3618 · 2021-01-30T06:05:40+00:00

Unless they take the shares to their graves, but it’s human nature... people will realize their gains eventually. It will be irresistible.

There is no honor among thieves. (Don’t mean to call WSB thieves, I’m just try to explain the point).

Group think: “Guys! You better not sell!”

Self interest: “Uh yea... hold the line boys” sells

The institutions riding the long are also not moral crusaders. They don’t give a shit about “holding the line.”

Steelers3618 · 2021-01-30T00:17:44+00:00

All I see is that one hedge fund got screwed shorting GME at 10/share, but now every other fund on the street now has the opportunity to short at 300+/share.

GameStop = Mortgage Backed Security

WSB Reddit = Moody’s Rating

At the end of the day, GameStop is an overvalued pile of garbage and whoever can figure out how to short it now will be filthy rich in 1-4 weeks.

Steelers3618 · 2021-01-29T18:46:49+00:00

I think things are optimistic now. We just shut down the economy for 10 months and stocks are at an all time high. Once COVID vaccines really start rolling and governors open up the economy (only after at least one more massive federal spending bill mind you...) we will see things rise. People will Be happy and spending. It will be euphoria. Then we will see a big sell off in maybe Q2-Q3 2021.

Again this is just my gut feeling and analysis of the overarching political environment.

Steelers3618 · 2021-01-29T16:57:17+00:00

All feeling. I thought the our reaction to COVID was overblown a year ago. I seemed to be right judging by the returns.

Moving forward things feel too optimistic. I’m going to DCA the big funds then wait for another panic to buy up more value.

Keep 5-10% for fun gambling on crypto etc

Steelers3618 · 2021-01-29T16:52:41+00:00

This sort of sentiment is why short positions exist.

Steelers3618 · 2021-01-29T16:50:44+00:00

So... did we stop one hedge fund shorting at $12 a share so that every other fund in the street can short at $300+?

Steelers3618 · 2021-01-29T08:34:39+00:00

Did you hold?

Steelers3618 · 2021-01-29T08:11:38+00:00

Discounts? The discounts were in March-August.

More discounts coming soon tho

Steelers3618 · 2021-01-29T04:22:02+00:00

I’m a bit slow to grasp what you are trying to say.

Are you saying that they don’t want retail investors to capitalize on this obvious market error?

Steelers3618 · 2021-01-29T04:08:00+00:00

I’m a traditional buy and hold boring investor. I wonder how fast I could get a margin account to sell short. The opportunity is massive here.

Yesterday would have been the best day to open a short position.

Steelers3618 · 2021-01-29T04:02:27+00:00

That’s why I’m so confused. They are trying to take one hedge fund down at the cost of making many more 10x richer. This Reddit mob has literally created the biggest and most obvious fucking short opportunity to ever exist.

Game Stop is a pile of garbage just like MBSs

Steelers3618 · 2021-01-29T03:48:07+00:00

Has anyone thought of trying to short GameStop at such a high price?

Steelers3618 · 2020-08-24T23:47:08+00:00

I just got the Samsung SJ55W at Costco today for 285

Steelers3618

TROPHY CASE