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CyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 month ago

The folks on r/Wallstreetbets are going through it

hexbear.net

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The folks on r/Wallstreetbets are going through it

hexbear.net

CyborgMarx [any, any]@hexbear.net to chapotraphouse@hexbear.netEnglish · 1 month ago
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  • Feinsteins_Ghost [he/him]@hexbear.net
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    1 month ago

    Imaginary numbers do imaginary things

    • onwardknave [he/him,comrade/them]@hexbear.net
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      1 month ago

      Sounds complex.

      • gay_king_prince_charles [she/her, he/him]@hexbear.net
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        1 month ago

        i agree

    • SchillMenaker [he/him]@hexbear.net
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      1 month ago

      Uhh, my portfolio just dropped to $(√-1). Do I hodl?

      • Feinsteins_Ghost [he/him]@hexbear.net
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        1 month ago

        Buy the dip or smth

        • BobDole [none/use name]@hexbear.net
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          1 month ago

          I’ve got a whole trunk load of Copenhagen. What now?

          • Feinsteins_Ghost [he/him]@hexbear.net
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            1 month ago

            Oh shit oh fuck

    • Le_Wokisme [they/them, undecided]@hexbear.net
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      1 month ago

      write the rest of that song

    • leftAF [comrade/them]@hexbear.net
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      1 month ago

      This specifically is likely due to losses but also due to a large withdrawal or something.

  • adultswim_antifa [he/him]@hexbear.net
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    1 month ago

    They have really turned on Donald Trump, which is kind of interesting considering the amount of slurs.

    • Infamousblt [any]@hexbear.netM
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      1 month ago

      Well see the problem is Trump isn’t conservative enough

  • Mindfury [he/him]@hexbear.net
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    1 month ago

    windows xp shutdown noise

  • daniyeg [he/him]@hexbear.net
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    1 month ago

    on the other side you got the bears that just quadrupled their money on put options. bears are always losing let them have this moment.

    • Meltyheartlove [love/loves, comrade/them]@hexbear.net
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      1 month ago

      cube-cub

    • john_brown [comrade/them]@hexbear.net
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      1 month ago

      i have the bear phenotype and yet i have not quadrupled my money what am i doing wrong

      • nothx [he/him]@hexbear.net
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        1 month ago

        You are woke, therefore you are broke. Those are the rules, sorry.

      • daniyeg [he/him]@hexbear.net
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        1 month ago

        you would if you had gambled all your money (and your grandma’s pension money), borrowed on top and marginmaxxing and put all of it on out of the money put options on NASDAQ.

  • Cocopanda@futurology.today
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    1 month ago

    How do these tater tots even get so much money to start with.

    • fox [comrade/them]@hexbear.net
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      1 month ago
      1. Liquidating crypto they bought or mined when it was cheap to do so, and winning the gamble it would go up
      2. Taking debt and investing with the hopes of beating interest rates
      3. They don’t have that much and they’re doing leverage plays and getting burned
      4. They’re lying and doctoring screenshots
      5. They’re working in lucrative jobs in finance or similar and blowing their savings
      • blame [they/them]@hexbear.net
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        1 month ago

        i think a lot of it is margin which is extra risky

        • Inui [comrade/them]@hexbear.net
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          1 month ago

          Its definitely this one. Robin hood is still used for its simplicity (the other more ‘serious’ trading apps are pretty garbage) but because they also approve hella margin for everyone.

      • kittin [he/him]@hexbear.net
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        1 month ago
        1. Being born into it and inexplicably assuming that meant they were smart
    • porcupine@lemmygrad.ml
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      1 month ago

      the same way every other rich person gets their money to start with: from their parents

    • adultswim_antifa [he/him]@hexbear.net
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      1 month ago

      A very small number, like 1 in 10000, make like a 10000% return on something that normally would have lost them every penny and post something like this when they try it again and lose. It’s pretty sad. Many with bad gambling problems.

    • Meltyheartlove [love/loves, comrade/them]@hexbear.net
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      1 month ago

      or sopranos-poker

      • Abracadaniel [he/him]@hexbear.net
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        1 month ago

        frog-no-pretext

    • Lamprey [he/him]@hexbear.net
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      1 month ago

      (Lower middle class Job + no social life) x years = a modest amount of money

      • CocteauChameleons [none/use name]@hexbear.net
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        From my experience, living with the parents and having no social life, it’s pretty easy to gamble on the stock market even on 15hr. So I can imagine someone who lives with their parents and makes 50k-100k could be moving fat stacks of cash on the market

  • GrouchyGrouse [he/him]@hexbear.net
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    1 month ago

    In hindsight, it was very naive of me to assume that whole Gamestop/Robinhood fiasco would have taught these nerds that this shit was rigged from the start even if you followed all the supposed rules.

    The game does not exist so the rich can play it. The game exists so the rich can win it and have it look like they won it fairly.

  • ChaosMaterialist [he/him]@hexbear.net
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    1 month ago

    sicko-hexbear The Hexbear market strikes again!

  • buh [she/her]@hexbear.net
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    1 month ago

    alexa what is portfolio balancing

    no seriously, I am completely clueless

    • Dessa [she/her]@hexbear.net
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      1 month ago

      Its just buying different shit. You might pick up some stocks from some different sectors, maybe some bonds, some commodities, etc.

      The issue right now is that everything is tanking.

      • Firefly7 [any]@hexbear.net
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        1 month ago

        Even with everything tanking, it’s impressively bad investing to lose 100% of your investments on a <15% overall stock market downturn.

        • Hexboare [they/them]@hexbear.net
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          1 month ago

          give me enough leverage and I can accrue more debt than the world

        • BodyBySisyphus [he/him]@hexbear.net
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          1 month ago

          That’s what options are for!

          • merthyr1831@lemmy.ml
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            1 month ago

            Ah that’ll be it. They’ve gambled their entire portfolio (if you can even call it that) on a bunch of put options that suddenly became impossible to fill the moment the market rebounded. 5-dimensional chess move.

    • BountifulEggnog [she/her]@hexbear.net
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      1 month ago

      Buying a basket of blue chip crypto projects

  • Fishroot [none/use name]@hexbear.net
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    1 month ago

    The supply is 0 so the price is infinite

    Just supply and demand

  • wanderwisley@lemm.ee
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    1 month ago

    If we are being honest r/wallstreetbets are always going through something.

  • utopologist [any]@hexbear.net
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    1 month ago

    Looks like you still got a cent there. Get back in the game!

  • merthyr1831@lemmy.ml
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    …how? markets are bad but how do you lose 100%?

    EDIT: Probably gambled the entire balanced on put options just before the tariffs were reversed lmfao

  • mortemtyrannis@lemmy.ml
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    1 month ago

    Those Bed, Bath and Beyond holders are going to be really upset.

  • Comrade_Mushroom [comrade/them]@hexbear.net
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    1 month ago

    oh no, numby go down

  • fossilesque@mander.xyz
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    1 month ago

    number go down

    • HexReplyBot [none/use name]@hexbear.netB
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      1 month ago

      I found a YouTube link in your comment. Here are links to the same video on alternative frontends that protect your privacy:

      • yewtu.be
      • inv.nadeko.net
      • yt.artemislena.eu
      • piped.video

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