The Brehs of Wall Street (Offical Stock Market Thread)

[itsyoung!!]

can someone explain why the stocks are moving after the market is closed? is it because markets in other continents like Asia are open?

some brokerages allow after market trades

 

[WetinBeDat]

Correct me if I'm wrong, but couldn't you do what WSB did with Gamestop, with any stock that has shorts?

trying to start a coli street bets?

 

[ignorethis]

Correct me if I'm wrong, but couldn't you do what WSB did with Gamestop, with any stock that has shorts?

Depends on a couple other factors like float and etc but yea that’s the point.

Hedge funds and wall street has been shorting so hard they basically turned a lot of stocks into traps that you were guaranteed to lose money on.

But if you can drive the price and demand up enough on one of those heavily shorted stocks, you’ll force them to gradually lose on their shorts until bears lose faith and abandon ship, then comes liftoff.

Even if they don’t jump ship, hedge funds are gonna try and cover their options by buying the shares, which also drives up the price. It becomes a positive feedback loop.

On these small cap stocks, it don’t take that much to drive the price up, especially if there are a lot of shares floating, so it’s easy to buy.

 

[Neo. The Only. The One.]

The subreddit isn't banned. They flat out nuked The Donald. They had to rebuild it on the .win domain.

could the fact that they made it private be tanking the value?

I can see that, cause when they first did it, the first thing that I thought was "well how am I going to know when to sell?"

I can see somebody that ain't got balls of rock hard steel getting jittery and dumping right now

 

[Sterling Archer]

wsb on reddit is private now too

It’s not private, they shut it down. I’ve been a member for awhile and I can’t access it either.

 

[Neo. The Only. The One.]

trying to start a coli street bets?

If Reddit can do it, why can't we?

 

[Leasy]

Hodl people do not panic

 

[The M.I.C.]

This is fun.

 

[Dallas' 4 Eva]

yea if you have a dedicated community

So what is stopping the Coli from doing this on a smaller scale on a regular basis?

 

[Astroslik]

Did anyone see that GME dip to $217?

 

[Spectre]

Let's get one thing straight, there is no safe in this game, GME is manufactured...

GME is high risk, like I said, the SEC could step in and stop trading...

That said, the math is clear, it is set to explode again on Friday if the SEC does nothing...

If you're comfortable with that risk and have disposable cash to play with, play it...

This....I say fukk it let ride just have a stop loss order at the beginning of the day so no matter what u cash out at a certain price

 

[Astroslik]

Let's get one thing straight, there is no safe in this game, GME is manufactured...

GME is high risk, like I said, the SEC could step in and stop trading...

That said, the math is clear, it is set to explode again on Friday if the SEC does nothing...

If you're comfortable with that risk and have disposable cash to play with, play it...

Can you break down the math if you don’t mind?

 

[Spectre]

So what is stopping the Coli from doing this on a smaller scale on a regular basis?

There needs to be a lot of capital for that type of movement and unity cuz some mofos are gonna sell so the momentum wont last a week

 

[Neo. The Only. The One.]

This is fun.

It was fun till I got kicked out the reddit and now I dont know what's going on

 

[King]

If Reddit can do it, why can't we?

Reddit is the entire internet. And A LOT of people with money to burn browse it. I know we have some 6 cert brehs here, but I feel like a majority of us wouldn’t have the power to significantly change anything on the stock market.

Weed stocks and other niche stocks however, we could do some mf damage

So what is stopping the Coli from doing this on a smaller scale on a regular basis?

Nothing, in theory. But I high key feel like the mods would put a stop to it since the forum is public. Idk tho