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Their poor CFO is probably stressed out of his brains trying to figure out what went wrong, when it was just a bunch of internet autists looking for a quick buck. Fundamentals don't matter anymore.

It's pretty fun but needs some work. Grinding for bronze stuff is awful. You just need so many damn resources for it. I imagine iron is going to suck even worse.

I just don't understand why they wouldn't get that the hedge that's shorting wouldn't also buy and sell on the way up/down to cover their shorts. If retards on Reddit can get rich, why couldn't the hedges use that same concept to cut their losses? And better, short on the way down from $400 and...

Yikes, GME down in the $60's. Honestly WSB just feels sad right now. People doubling and tripling down.

Nothing about "fraudsters closing brokerages to trading" on there. Shame.

Looks like I've cost myself $100 by selling yesterday. Feel like this stupid meme stock is going to haunt me forever.

I guess the upside is leverage. You can lever yourself until you get a "property empire" of a certain number of properties and eventually get a positive cash flow. Just seems too much of a crap shoot for me.

Oh, for sure. I've posted about it before, but I'm hoping the timing on my CA to FL move works out. Hopefully selling our house in CA in the next 2 months before things fall to shit, and buying in FL in 6-12 months after shit has crashed. It may be that FL stays pretty even though as they...

Yeah, I strongly considered it as the returns on it seemed to be really strong over the last decade. I was always a bit hesitant though as I heard horror stories about bad tenants (and the answer was always to vet them strongly!). I don't have to fuck around with that with equities. My laziness...

It was like $2 before the pump and dump. They also diluted their shares massively by adding 44 million (or will, not sure if it's gone through). Despite news that theaters are opening again...who the fuck wants to go to a theater anymore?

I mean, I hate each of the FAANG companies for everything they stand for, but I also love money.

I always point people to JLCollins for index investing. You could buy the book he wrote instead, but it's identical information. It's very short "articles" that explain why you should index. Read as much or as little as you want. Can probably get through the whole thing in a couple hours...

Once again, I want to point out the...hypocrisy? Or I guess just unevenness in my feelings about these companies. My portfolio is over 6% Amazon and Google (thanks to their massive market share). I'm up several times more than I lost on AMC in just the last 15 minutes, but it doesn't feel like...

Holy crap.

So he's already down 5% in like 10 minutes?

How'd you know? Edit: Oh, I guess it was expected that it'd crash land?

This guy with the next level thinking. The bots are the ones telling you to buy, buy, buy, so Wall Street can slowly bleed them dry.

"Anything I don't like is an attack." Or, it's your WSB bros "paper handing" you so they're not stuck holding the bag. Edit: Also, anyone who's not all in on "diamond hands" is a bot.

I will say it's satisfying getting out near a high today ($8.34). I missed the bump an hour earlier hoping it'd at least hit $9. It's been even worse the rest of the day so far.

Also, at this point, I think most of the people who are still in the green have likely sold off. The only ones left are the ones that got in at $200+ and are begging people to hold in the hopes they don't lose their ass.

I just got greedy. My original "exit" was getting a 100% return. Then Thursday happened and I was like, well maybe AMC hits $20 again. It didn't, so I had a limit sell for just above my break even point. I should've seen the writing on the wall yesterday and got out with a 5-10% loss. Then...

Speaking of, this whole ordeal got me to actually read WSB for the first time (I never really read anything there). Shit like that guy trying to figure out how to accept physical barrels of oil was fucking hilarious.

Nah, I'm buy and hold the total market. Always have been. It was definitely an interesting week though. I learned a lot. I've mentioned before I have a finance degree, but I don't work in anything really "finance" related. It also made my days fly by as I was constantly reading and watching...

Alright, I'm out. -$491.58 on a $1000 buy. Fuck a bunch of that.

Fucking meme stock won't even get back to my 50% number. Keeps going right under. At this point I may just say fuck it and hold (and yes, the difference between losing $501 of $1000 vs $499 is completely insignificant, but I want it!). On the plus side, the broader market is crushing it this...

Sadly, I'm excited to maybe get out of this AMC position down 50%. I still blame Robinhood for being shit and pushing my order out so far. Should've been in somewhere between $8-12, but ended up at $16.50.

I mean, people shouldn't listen to Mark Cuban anyway. Similar to DeepFuckingValue and people saying "if he's in, I'm in." Uh, he cashed out millions already. He's in a significantly different financial situation than you. If Mark Cuban throws a million into it and loses it all, he's still...

I don't know how you all do this day trading shit. I'm down like $250. And it's stressing me the fuck out. Not even talking about how insignificant that is to my net worth, I make just over $50/hr. There's no reason I should care about this. I'm hoping to get out of this even, but if not...

AMC down into the toilet after hours. Geez. Below $12.

And if not this Friday, surely next Friday. Unless it's not, then it'll probably be the following Friday.

Not sure that's founded in reality. Also doesn't help when AMC issued 22 44 million new shares last week.

I think people are starting to panic that they've been sold a lie, and they want the price jacked up to cover their losses, while still shouting about how "oh, I'm definitely diamond hands on this!" I could be wrong and maybe there are still uncovered shorts, but my gut says this ride is over.

I'm more surprised they've been holding steady in price all day. You really figured they'd either pop high or low. Not just stay in that weird overvalued and not at all realistic, but also not moon.

Feel like I lost my opportunity to get out of AMC in the green. Resistance at $16 is too high.

Ouch. Wife of Plotkin, the hedge fund manager for Melvin, filed for divorce.

Haha, I was thinking the same thing. 10% in a year is good. 2-300% in a week? Yeah, I guess that's just okay as a consolation prize.

So the wife and I are hoping to be in the Florida panhandle in the next few months (been saying this for a while though and the job prospects haven't worked out). We'll be renting for a while, but the plan is to buy as soon as we get a better feel for the areas. I have two options that I'm...

Was thinking I kind of hope this meme stock thing depresses the overall market for the next couple weeks (at least this week, as most of our automatic deposits come at the end of this week). We're about 7% off our retirement number, assuming we clear what Zillow says our house is worth when we...

Was telling my wife yesterday I'm astounded at the amount of posts by poor people that are up anywhere between $50k-2M. Like, dude...are you fucking retarded? Now granted, some of these may be faked, but still. I suppose that's how they got there though, because the common sense is lacking. If...