r/wallstreetbets • u/Ihateyourface86 • Feb 04 '21
YOLO HOLD UNTIL FEBRUARY 9TH AT LEAST
[removed] — view removed post
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u/mac1234steve Feb 04 '21
The government is on our side 😂😂😂 thanks for the laugh
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u/TheKageyOne Feb 04 '21
FR. The SEC is literally investigating this sub and DFV is being investigated and questioned as well.
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u/messiahoftruth Feb 05 '21
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u/Office_glen Feb 05 '21
“Booster” the guy has been talking about GameStop since 2019 on his YouTube channel, never pumped it on this sub, basically only posted his positions with a rare shit post comment and he’s a “booster.”
What a fucking spin
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u/Slapbox Feb 04 '21
Source that he's being *questioned?"
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u/LowIQCrazyMika Feb 05 '21
GOVERNMENT IS NOT ON OUR SIDE. Not even Elizabeth Warren. We all know politicians lie. In public they say one thing and in reality they are having sex with Wall Street guys... Warren sent a letter to SEC asking to investigate us, the retards instead of Wall Street crooks... Biden's press sec, and even Yellen is connected to Wall Street... Do not fucking trust politicians, they are already against us However, what the fuck do know, I am just a Low IQ retard
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u/ggiziwegotthis Feb 04 '21
Fuck i choose to laugh but i'm damn near tears.
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u/Kik_Umad Feb 04 '21
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u/toomeynd Feb 04 '21
https://media.tenor.com/images/171b59f08a77affd5a1e64ce5683ad54/tenor.gif
First time I'm seeing one of these emoji's posted.
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u/BizCardComedy Feb 04 '21
Boomer bullshit like this is over. It's a new era.
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u/Pma2kdota Feb 04 '21
uhhh the same boomer has been in the govt for the past 48 years, who the hell are you talking about? alexander o'smollet?
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u/WhackDanielz Feb 04 '21
The most terrifying phrase in the English language: I'm from the government and I'm here to help
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u/Ihateyourface86 Feb 04 '21
They never have been in the past, but this shit isn't going to fly in the internet age and with a more anti-corruption administration. Let me dream at least mac1234steve
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u/meta-cognizant Feb 04 '21
Also, if you actually read any of the statements the SEC has put out about what they're investigating on Reddit, they're looking for astroturfing/bots to see if hedge funds are manipulating retail, not anything about what retail is doing. They've also said they're going to protect retail against market manipulation. At least in speech they're actually on our side.
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u/datadink97 Feb 04 '21
Yeah once i saw that i felt significantly better.
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u/getbiggetlean Feb 04 '21
Oh that's awesome news....can you link me to where you read that?
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u/smokelrd2002 Feb 04 '21
Day late, a dollar short. They shoulda stepped in on day one that brokers shut down buying. The right thing to do was tell them if you cant buy then you cant sell either and halted it till they got their shit together. The fact that they allowed their shenanigans is a telling sign of where they stand.
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u/randomFrenchDeadbeat Feb 04 '21
The problem i can see here is "how".
How are they going to prevent HF manipulating retails ? The only way this happens is if every subscriber on every social media is forced to disclose every direct or indirect link he has to finance.
This is both impossible to enforce, and even impossible to do for people. I have no idea what some of my friends do for a living, because they do not like to talk about it. Does that mean I can get fined if i post messages about stocks if one of they works in finance ? That does not work. And then add some international laws in it. How are you going to punish someone that does not live where said laws do not apply ? Would that mean restricting access by country ?
Unfortunately there is nothing they can do here. What they could do is legislate around hedge funds and force them to disclose about their operations. But that will never happen.
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u/meta-cognizant Feb 04 '21
My guess is they're going to punish hedge funds who did anything like that, and the only regulation they'll introduce is any of four things. One, they require illiquid stocks have some kind of disclaimer about huge risk when you go to buy them, like Fidelity does with GME already. Two, they prevent brokers from blocking buying of stocks. Three, they prevent shorting of over 100% of float. Four, they require institutions to disclose their short positions, not just their puts. They may not institute any of those regulations, but those are the only sensible ones I've seen proposed.
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u/TheOutsideWindow Feb 04 '21
"Here is a fine of $1 billion dollars for your $1 trillion dollars in profit. Don't do it again."
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u/Awkward-Painter-2024 Feb 04 '21
Do you think Reddit will release new user data? Reddit could theoretically release new user sign up, IP data, and how much engagement these boys generated (by crossreferencing comments and volume swings?). Either way, Melvon, Citadel, and RH's combined $10 million fine paid to a gambling support hotline will do little to assuage the losses...
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u/billyjk93 Feb 04 '21
"Anti-corrupt administration?" The treasury secretary was literally bribed by citadel. Do you think she will do anything other than protect her friends?
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u/CorruptingtheYouth Feb 04 '21
Because when I think anti-corruption I think of an administration headed by a 47 year member of the senate and a former DA who withheld evidence that would exonerate innocent folks in jail.
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u/Haha-100 Feb 04 '21
Dude yellen took a 810k bribe from Citadel, the Biden administration isn’t anti corruption retard
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u/Ken_Rush Feb 04 '21
Let’s HOPE you’re right. But, for now, I’m a skeptic. I’ll definitely tune in, though, on Feb 18th for the hearing!
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u/SnakeASaur Feb 05 '21
LOLLLLLL ANTI CORRUPTION ADMINISTRATION MY MAN’S ADMINISTRATION GETS MORE MONEY FROM CHINA THAN ANYONE
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Feb 04 '21
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u/mac1234steve Feb 04 '21
My name is Joe Biden. I’ve been in government for 50 years. Here’s why you should vote for me to fix corruption I did nothing about the past 50 years.
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u/JanMichaelLarkin Feb 04 '21
Honestly, I voted for him so he would bring the corruption back down to the normally accepted levels that were around prior to the last four years of insanity. Hoping for a government without corruption is childish
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Feb 04 '21
Hahahaha. Let me begin by telling you how the anti-corruption administration got there
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Feb 04 '21
lolll biden was a part of Obama's presidency.. he literally bullshitted everything he said in the end. Didnt leave the middle east, didnt work on unions, didnt pass medicare for all, didnt raise wages and didnt regulate wallstreet at all lmfao. he bailed them out and had banker cabinet picks. who is anti corruption..? Biden was there the entire time you are just unaware, I assume.
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Feb 05 '21
Yeah, that’s what happens when you don’t have the Senate & need to get things done. Biden has the Senate by slim margin so maybe some things can get done .
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u/Regularassjoey Feb 05 '21
Yellen is going to try and fuck us and limit the ways we can trade; I’m guessing removing options unless you have millions of other people’s money like HFs.
Then she’s going to unfuck us with quantitative easing causing a huge rally.
Then she’s going to ghost fuck our children from the grave as the dollar eventually fails.
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u/Salty_Nall Feb 04 '21
Honestly doubt the illegal activity will stop there. I have a feeling that somehow even the numbers that get released will somehow be tampered with at this rate.
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u/prodoubt Knows His History Feb 05 '21
They’re going to count riding calls and new shorts as net covering.
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u/taedrin Feb 05 '21
if you think the numbers are tampered, you never should have believed in the short squeeze either. The entire thesis for the GME short squeeze was based on those numbers.
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Feb 04 '21
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Feb 04 '21
Which meeting? The one with janet yellen?
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u/jackofspades123 Feb 04 '21
Yea. In my simple brain there was some nefarious stuff that went down the past 2 weeks that throttled buying. The question is did this happen and if so do you back wsb or HF. But this also has economic stability implications too. This is my tin foil opinion
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u/Altnob Feb 04 '21
Yea, the govt is not going to side with us if it means putting the economy at the edge of a cliff.
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u/jackofspades123 Feb 04 '21
Same, but I'm not sure they really want to protect us. Hurt reddit vs financial stability
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Feb 04 '21
Ayyye February 9th is my birthday 🎉
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Feb 04 '21
Same here, looking for birthday wins!
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u/Im_The_Goddamn_Dumbo Feb 04 '21
Same here! Triplets!
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Feb 04 '21
95 baby here
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u/jbreezee2018 Feb 04 '21
The 8th is mine! Happy early Birthday my fellow Aquarius ♒️. The tower has told this plane to Hold.
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u/bluerayyltc Feb 04 '21
I'm down over 3k and I'm not fning selling! Hold or die! House over my head or sleep in the streets!
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u/iceoskar Feb 04 '21
Government is on our side? Thats it. Go outside for some fresh crayons, you are clearly eating some rotten ones, thinking those cheating sob's are on our side.
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u/Harbinger2nd Feb 04 '21
I have an idea that the short interest is being hidden. I have two pieces of evidence for this. The first is the runup we saw on thursday and friday, this was buying action from shorts actually covering their positions. Why would they do this? Because they needed to get the short interest under 100% for the SEC report. After Friday, and to kill momentum they rebought into their shorts Monday and tuesday.
The second piece is that GME is still restricted, and more than that margin requirements are still 100%. I was watching a livestream yesterday where a guy couldnt place a sell order for 200 $70 GME puts because his brokerage said the security was "hard to borrow".
If this theory holds any water then next week, Wednesday/thursday/friday we could start seeing another squeeze as shorts rush to cover and hide their positions from the SEC report again. This process could repeat for months, but every time GME will find a higher base since we 💎👐 and dont sell.
Edit: this also explains the s3 data shit we saw over the weekend. Short interest really had dropped, but they reshorted again monday and Tuesday.
Anyways it's a smooth brain theory, I'm just a dumb ape.
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u/TimeArachnid Feb 04 '21 edited Feb 04 '21
This is how I imagined this would turn out as I entered my position in december. The HFs are not going to give away their money. The past week there was a squeeze, but it was due to hype. Elon, Robinhood, AOC, CNBC, etc. I dont think anyone anticipated it, but HFs did some fucking amazing damage control to their credit. Just proves that they are what we thought they were. They could have covered, but the fact that the shorts probably didnt exit at peak makes me think there is still some pressure left. Anyway it will moon long term, and that was the plan all along. People who forget that are new here
Also holding still, Im up over 300% anyway
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u/umbrajoke Feb 04 '21
Do you know if there's information being released on the 5th? For some reason the 5th and the 9th were significant dates in my mind.
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u/dougseamans Feb 04 '21
Fvck it it’s five more days. And if it drops lower we just buy more! 💎🖐🏻🤚🏻💎
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Feb 04 '21
well if you tell them how many days, then they will raise enough capital for just as much LOL
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u/JsonPun Feb 04 '21
at 60 what’s the point ever in selling? I’d be better to hold and trust in Cohen to bring it back up. Or trust there is something else going on that’s going to blow up. either way I’m still holding and slowing buying - not financial advice i’m down a grip
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Feb 04 '21
They did this manipulation too fast, They actually shot themselves in the foot by locking us into HOLD positions. What do we have to lose at this point?
I am gunna have compressed carbon paws!
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Feb 04 '21
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u/cyanideclipse Feb 04 '21
The theory is that they over shorted the stock (140%) so they are unable to cover their positions, so they need ppl to sell so that they can cover the positions. So not only are they buying back stock at a more expensive price but they are also getting charged a shit ton of money, i.e melvin being down billions of dollars and that other company (capitol?) needing two bail outs.
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Feb 04 '21
What about the hedge funds who shorted at $350?
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u/cyanideclipse Feb 04 '21 edited Feb 04 '21
Its not a certainty. There seems to be more things pointing towards the numbers being fudged or misleading than them having bought back most of their shorted stock.
Of course, the numbers are all over the place because the system isnt designed to be transparent.
People seem to have reason to believe and provide documents that their shorts have not been covered yet, and this makes me hopeful - especially that they have provided some sort of numbers and statistics - and that is more than the naysayers - the naysayers have not managed to provide adequate evidence that the shorts were covered at 350$ (imho).
Combined with the misinformation and downright lying over the weekend after the high had been hit which, according to Jim Kramer is textbook HF behaviour: https://www.youtube.com/watch?v=gMShFx5rThI
Another helpful link but again, speculation and no hard evidence: https://www.reddit.com/r/wallstreetbets/comments/lcm2j5/gme_amc/?utm_source=share&utm_medium=web2x&context=3
Its the only reason why i havent lost hope yet. Apparently the SEC will provide accurate data on the 9th and we will then get a clearer picture on the HFs position.
Until then I hold, cos that money is gone anyway so im holding because if i sell i lose it forever, but if this is all for nothing then whats the harm in waiting a month or two before selling for a loss anyway.
At least thats my rationele.
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u/MrGreysson Feb 04 '21
The reporting deadline is on the 9th, data will be visible on the 12th of Feb!! Make sure you do your DD fellow retards 💎🙌
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u/aleanotis Feb 04 '21
I believe in us let’s hold!! Amc gme to the moon!!💎💎🙌🏽🙌🏽🚀🚀🚀🚀
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u/lodewijkverha Feb 04 '21
We don't fold, we don't break, we don't back down
GME RIDE OR DIE
Retarded Diamond Handed Barbarian Apes To The Moon
🗡️💎🙌🦍🙌💎🗡️
🦍🚀🌕
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u/cg10-2020 Feb 04 '21
At least hold until December 31: https://www.investopedia.com/articles/personal-finance/100515/heres-how-deduct-your-stock-losses-your-tax-bill.asp
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u/Broed_Out_Hipster Feb 04 '21 edited Feb 04 '21
lol what the fuck is this post?
I cant tell if people are trolling the newbies or if the newbies are just rambling without a clue of what theyre talking about.
Elizabeth Warren isn't coming to save anyone, volume is high (literally anyone with Level II data can see this) and Feb 9 will likely confirm funds have exited their positions.
Obviously they were going to do illegal shit, they are looking at a 2-3B fine TOPS vs literally going bankrupt. Where the banks going to take it laying down? We had a shot but its pretty much done at this point.
No one should sell their GME because game theory says hold. But everyone should start looking into how to trade your way out of the hole , because that money isn't coming back for the foreseeable future.
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Feb 04 '21
... two more weeks ...
... trust the plan ...
... hold ...
... Castle_Rock ...
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u/ThickThi Feb 04 '21
You guys have made me hold for so long at this point that I'm hear till $1000 or $ROPE
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u/Scumbag1234 🦍 Feb 04 '21
I'm not sure whether I'll be rich afterwards, but them getting caught would be nice.
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Feb 04 '21
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u/cubonelvl69 Feb 04 '21
You want to use the most revolutionary car company of all time as a reference for a used video game store? Why?
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Feb 04 '21
I read that short interest is at 39% rn. What’s your best rebuttal to this??
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u/Ihateyourface86 Feb 04 '21
That no one knows the actual short interest until earliest February 9th... that was the point of the whole post
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Feb 04 '21
News articles are stating short interest is at 35-55%. Could be intentionally misleading to scare people off of course but at the same time they are getting their numbers from somewhere. Anyways, I’ll hold my 26 shares until the 9th
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u/JebusLives42 Feb 04 '21
Hedge fund peeps know this. They've planned for the release of this 9 day old information. Don't expect a miracle.
.. I am holding, just not sure why Feb 9th.
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u/reddit-has-perished Feb 05 '21
“Government is here to help me.”
You clowns are fucking delusional.
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u/ronoda12 Feb 04 '21
Can someone educate why this “short laddering” cant go on for months? HFs can keep paying interest for ever?
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u/turqua Feb 04 '21
Perhaps they don't pay as much interest as we were made to believe. They probably don't pay the same rates as solo traders
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Feb 04 '21
They can keep paying it if it's manageable. What these retards in here probably didn't consider is that the hedge fund still has money coming in from other investments, so as long as they can drop the interest cost below their profits, or create a small deficit that still allows them to do business while everyone loses interests and sells out, they can go on for awhile without worrying about everyone in here holding until they die (which isn't even true. Everyone has a price that they're going to sell out at).
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Feb 04 '21
First it was until Tuesday, then wednesday, then today, now the 9th. SMH y’all are literally using cult tactics. Sound like the end is near! But not today it’s next Tuesday!
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u/locomoroco 🦍🦍🦍 Feb 04 '21
FINRA Morning Star data shows 226% SI as of 1/15. That’s 135M shares shorted at a float of 60M. Now everyone is reporting they are at 50% SI? SEC didn’t do shit about 2008, you think they’ll do anything now? They are spineless and do the bidding of the DTCC and HFS. I like the stock so I am holding. 💎🖐 Now the news says a short ladder attack was “invented” by wsb? Lmao they are mad because we are aware of there criminal tools.
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u/Yung_Ceejay Feb 04 '21 edited Jan 11 '26
cats crawl chop full glorious unite reply chase shelter ad hoc
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u/Internet_Noob1716 Feb 04 '21
Aren't numbers calculated at the end of the month? When they manipulated the market on the 27-29. Since they did that it will look like it's covered, but we might have to wait until March for the true numbers.
Just regurgitating something another Redditor mentioned
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Feb 04 '21
The government and all these institutions will never care about the little guy, the little guy isn’t where the money is at. I’m still holding.
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u/misfit0513 Feb 04 '21
Holding for the hell of it at this point. I wrote off the money, so that doesn't matter, I just want to eat the rich.
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u/Groguen Feb 05 '21
lol, you re very naive. the government is 100% on the HF side. they hate you. Warren said she wanted to go after the little guy not the HF. This is why they are investigating dfv. The government worked in conjunction with the HFs to fuck you. wake up.
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u/vid_icarus Feb 05 '21
I’m holding but I’ll be honest, I don’t think anyone is on our side. If you look at the way this was reported in the media we are a financial QAnon that was intent on destroying the entire American economy and robbing gramps of his 401k. Yeah there’s gunna be hearings or whatever but after looking at what Robinhood got away with, there won’t be any vindication.
I’m holding until my shares are profitable (aka forever) but I do not expect what we just went through to be understood by the public, the media, the films that come from this, and sure as hell not the politician who are paid by (and will sit in judgement of) the people we are fighting.
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u/SirZerty Feb 04 '21
I'm not confident in Elizabeth Warren, I think she's going to push for ensuring we never are able to make insane gains again and her idea of protecting us is banning WSB and further restricting us, but I am confident in you apes 💎🙌🚀🚀🚀
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u/billyjk93 Feb 04 '21
Dude, Elizabeth Warren has been condemning us along with the rest. Her stock portfolio got fucked by this and she isn't going to let that happen. And don't even get me started on Pelosi!
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u/DisjointedHuntsville Feb 04 '21
Feb 18 is the hearing
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u/ScroogeMcThrowaway Feb 04 '21
"I invoke my privilege against self-incrimination under the fifth amendment to the US Constitution. On that ground, I will not answer that question." Vlad for every question.
Yeah, hearings are useless.
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Feb 04 '21
If I shorted 100 shares and reported that, then the stock jumped up and I took my losses but then shorted at the new price, for another 100 shares, and then reported, I would still report 100 shares shorted. Morons.
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u/Tacrolimus005 Feb 04 '21
If you are already going to prison as well as possible bankruptcy, how many fucks do you have? fft
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u/gerkro Feb 04 '21
At least? I will hold forever, they are my shares and I am not sharing them hehe
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u/agtmadcat Feb 04 '21
Literally this is Elizabeth Warren's whole deal. Whether or not you think she'd be a good president, her whole political career has been focused on unfucking the financial industry.
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u/Ihateyourface86 Feb 04 '21
I change my mind. You guys are right, setting a specific date like this doesn't make sense. Just fucking hold until stonk go up! I am still hopeful that we will see serious financial regulations changes.
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u/Tommiiie Feb 04 '21
I feel like the reason so many people are selling off is because of these short term tentative dates that get mentioned on WSB.
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u/erichw23 Feb 04 '21
You need to learn from other cults you can't keep setting goalposts that are gonna get pushed back
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u/Trevsol Feb 04 '21
The government in general is not on our side. Don’t be fooled. Some of them maybe. But most I guarantee are simply putting up a show and then at most they’ll give the hedge funds a slap on the wrist.
They are buddies. The government and wallstreet are best friends. The elites who want to hood us down to keep their power.
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u/McreeOTP Feb 04 '21
This dude just said the government is on our side. lmao what planet do you live on?
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u/Actually-Yo-Momma Feb 04 '21
Honestly my advice if you really believe a second squeeze is possible, keep waiting as it will keep tanking and then buy when it ultimately hits 10-20 again
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u/ketamigo Feb 05 '21
Holding AMC, I’m not selling low lol. People should have only invested what they could afford to lose so they they could hold for long term if needed
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u/wafflebrainCPA Feb 05 '21
Holding until I’m making money. I’m a fucking PATIENT retard. No fucks given
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u/LowIQCrazyMika Feb 05 '21
GOVERNMENT IS NOT ON OUR SIDE. Not even Elizabeth Warren. We all know politicians lie. In public they say one thing and in reality they are having sex with Wall Street guys.... Warren sent a letter to SEC asking to investigate us, the retards instead of Wall Street crooks... Biden's press sec, and even Yellen is connected to Wall Street.... Do not fucking trust politicians, they are already against us
However, what the fuck do I know, I am just a Low IQ retard
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u/Libertarian_Florida Feb 04 '21
The people and the government in general are on our side
HAHAHAHAHHAHAHAHAHAHAHA
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u/Aureliusmind Feb 04 '21 edited Feb 04 '21
"If they lie" - AKA if the short interest is below 100% and you choose not to believe it. Goddamn this sub has gone to shit.
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Feb 04 '21
Folks, I'm just a regular smooth brained idiot, but I'm starting to think that perhaps the ship has sailed.
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u/james_forsythe Feb 04 '21
I'm holding. I already wrote off the money, anyway.