The Brehs of Wall Street (Offical Stock Market Thread)

Leasy

Let's add some Alizarin Crimson & Van Dyke Brown
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Philly (BYRD GANG)
shyt I was already planning to load up on entertainment stocks due to the Covid vaccine and Biden trying to get shyt open by Summer. I never thought about Express or retail clothing stores.

I think Live Nation is the darkhorse once this shyt opens back up
 

Afro

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What’s going on?

Somebody explain like I’m 5 please

The common man has found out how to artificially inflate stocks like the brokers been doing.

It's not illegal per se, but average joe and jane weren't suppose to be able to play.

Now we are :mjgrin:

You wait until it hits a certain $$$ and then you cash out and win.

Long term the company could go under, you could lose all your money, the government could put forth new regs and shut us out more etc.

A lot of things could change :yeshrug:
 

cobra

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And that’s legal?

What’s the long term effects of this type shyt?
as long as they don't have insider info :yeshrug:

hedge fund traders are getting pissed off, so they might try to shut down stick apps like Robinhood

what happened yesterday is that they were trying to short Gamestop (borrow shares, sell them, buy them back at a lower price, and return to lender), but wallstreetbets pumped up the price and caused a lot of losses
 

The Fukin Prophecy

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I bought it when it was at $2. Only $200 worth.


Just bought 30 shares and $16.10

Hoping it continues to double like game stop.

Had trouble doing it on Charles Schwab , but was able to get in through the app
Put 5 racks down on that stock at $2 a share...:myman:

Held on cause I knew this shyt would hit $30 easy once things returned to normalcy...

Got a couple more buy low pandemic holds but I'm mad I missed out on Gamespot...My mans put me on to that but my hatred for them blinded my common sense...:francis:
 

360dagod

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SAN ANTONIO SPURS NY DIVISION
When big money(inside traders) puts their big dollars on something, you dont ask questions...:ufdup:


We gonna be open for business come june...

The politicians made their calls already and the sectors starting to reflect that

You can listen to the dr whoever or you can listen to the people who put their money up:ld:
 

The Up Right Man

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What’s going on?

Somebody explain like I’m 5 please
Hedge funds were trying to short sell GameStop and AMC.(Meaning borrow stocks from a broker in hopes the company crashes in price. Then they would buy the stock at the low price, and return the borrowed stocks with profit.)

Reddit day traders rebelled and bought stock in mass skyrocketing the share price causing the hedge funds to lose billions.
*That slow burn*
(The hedges lose money through interest that they owe for borrowing from the broker and they can’t sell with elevated prices without take a massive hit.)

It’s not very wise to invest in it, simply because this isn’t really organic growth.

If you caught it while the share price was low good, I just don’t see this trend continuing.
 
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Leasy

Let's add some Alizarin Crimson & Van Dyke Brown
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Philly (BYRD GANG)
When big money(inside traders) puts their big dollars on something, you dont ask questions...:ufdup:


We gonna be open for business come june...

The politicians made their calls already and the sectors starting to reflect that

You can listen to the dr whoever or you can listen to the people who put their money up:ld:

Nacy Po and her husband put mad money in Tesla earlier this month. This week Biden announced electric cars for the government. Let's see.
 

Nero Christ

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Put 5 racks down on that stock at $2 a share...:myman:

Held on cause I knew this shyt would hit $30 easy once things returned to normalcy...

Got a couple more buy low pandemic holds but I'm mad I missed out on Gamespot...My mans put me on to that but my hatred for them blinded my common sense...:francis:

how much you made off the AMC stock as of right now
 
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