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r/WallStreetBets vs Hedge funds
#11
RE: r/WallStreetBets vs Hedge funds
They're going after the shiny stock next week. The most manipulated stock in history. It was worth $US50 per ounce 41 years ago in 1980. Today it's $25. What product on earth do you know of that has lost 50% of it's value over this time. It's not like silver (ETF- SLV) has no relevance in the world today. The answer is manipulation. JP Morgan has just been fined $950B for exactly this. I trust the big fat cats get screwed over big time. As per the GFC, similar types of shorting, packaging worthless junk loans as CDO's leveraging the shit out of them is what caused real pain to normal American people who became homeless. And how many banksters got in trouble or jailed? none. They got bonuses instead. I think one Icelandic bank boss got some jailtime from memory. Let the financial revolution begin. (PS, I really need silver to go up so I can afford one of those surfboards with an electric motor underneath it! lol)

PPS, silver is now $27 per ounce. It's started.
No God, No fear.
Know God, Know fear.
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#12
RE: r/WallStreetBets vs Hedge funds
At work.

2021 The year of people funding back! Big Grin
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#13
RE: r/WallStreetBets vs Hedge funds
(January 30, 2021 at 3:12 pm)Rhizomorph13 Wrote:
(January 30, 2021 at 2:53 pm)Brian37 Wrote: Not being a SEC lawyer or regulator, jus the word "manipulation" no matter what class one is in, is a word that implies cheating.

Like it or not, manipulation is exactly what the markets are about. Whether you are talking about some broker pumping up a penny stock or hedge funds making huge plays to push stock up or down, it is the way of stonks. If you want, you can learn the patterns and grab some cash. Either you play it safe and play stocks based on merit as I have done since February, or you fly by the seat of your pants and go long on daily spikes or short potential pump and dump stocks. It is a game and you are playing against other people.

Cheating is just some butthurt, virtue signaling word. Whatever; you gotta go get yours!

I have a fixed annuity because I am not a speed demon or dare devil. If one is a billionaire, which I am not, they can absorb a loss far better. 

Even outside the stock market, with things like lotteries and casinos, it is sad and disturbing that people get addicted to that. But things like day trading too, to is nothing more than gambling. The odds of a layperson with no money or power of winning playing the stock market are the same as the lottery or a casino, very low. 

It isn't "cheating" say in the NFL, if you play a run pass option, and end up in a flea flicker, all designed to throw off the defense and end up getting a touchdown. That is not cheating. But even a "flea flicker" play in football, is a high risk, low yield play. It works very few times. Just like "Your shoe is untied" only works on the gullible. 

What I am addressing is how our constant deregulation and lack of oversight allows things like Enron, or Wells Fargo, or Bush's great recession. That isn't a matter of just hurting those who have the money to lose. That is hurting even people who never enter the casino. 

Lets not confuse, betting, with lack of regulation.
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#14
RE: r/WallStreetBets vs Hedge funds
(January 31, 2021 at 10:23 am)Brian37 Wrote:
(January 30, 2021 at 3:12 pm)Rhizomorph13 Wrote: Like it or not, manipulation is exactly what the markets are about. Whether you are talking about some broker pumping up a penny stock or hedge funds making huge plays to push stock up or down, it is the way of stonks. If you want, you can learn the patterns and grab some cash. Either you play it safe and play stocks based on merit as I have done since February, or you fly by the seat of your pants and go long on daily spikes or short potential pump and dump stocks. It is a game and you are playing against other people.

Cheating is just some butthurt, virtue signaling word. Whatever; you gotta go get yours!

I have a fixed annuity because I am not a speed demon or dare devil. If one is a billionaire, which I am not, they can absorb a loss far better. 

Even outside the stock market, with things like lotteries and casinos, it is sad and disturbing that people get addicted to that. But things like day trading too, to is nothing more than gambling. The odds of a layperson with no money or power of winning playing the stock market are the same as the lottery or a casino, very low. 

It isn't "cheating" say in the NFL, if you play a run pass option, and end up in a flea flicker, all designed to throw off the defense and end up getting a touchdown. That is not cheating. But even a "flea flicker" play in football, is a high risk, low yield play. It works very few times. Just like "Your shoe is untied" only works on the gullible. 

What I am addressing is how our constant deregulation and lack of oversight allows things like Enron, or Wells Fargo, or Bush's great recession. That isn't a matter of just hurting those who have the money to lose. That is hurting even people who never enter the casino. 

Lets not confuse, betting, with lack of regulation.

Don't compare the stock market to games of chance, that is loser talk! Simply put, the market moves based on known rules, there are predictable patterns and trends that you can make money from. Since February I've beat the market averaging a return of 150% just by listening to a website called riskhedge.com. I receive their free newsletter that leaks out a couple of solid trades a month. Some of the trades are amazing like I bought Roku and sold for over 400% profit recently! I started with an account of about 5k and have grown it to around 13k.

Free tip there is still some up side on a little bioengineering company called Twist. You could get a Robinhood account and make some plays. There are no guarantees but with a little study you can find some long plays.

BTW I ate 30% by buying QS (A battery company) and I've since taken my lumps and sold out so I can invest that money in more lucrative ventures. Riskhedge did NOT recommend that. I did the dumb thing and played the news which talked about new battery tech! YAY, ok but not necessarily profitable for another 2 years so the stock crested then plummeted because that is how news cycles work!

Think of stocks like this; you buy a company at 100 bucks and if there is no positive motion or, worse yet, it plummets to 70 or whatever, you can sell at 95 to prevent loses then buy at 70 because you know it has a potential value of 100 and will probably get back there due to this raging bull market! While betting on black at a roulette table means either you win or lose. So stock are a thing of real value and you just need to watch for changes in that value and you can capitalize.
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#15
RE: r/WallStreetBets vs Hedge funds
In the short term, most stocks movements are random, or at the very least triggered by things outside of an average investor's knowledge.

In the long term, a rising or falling tide move all boats.

When stocks are going up, everyone thinks they are a stock-market genius. When they go down, they think they got "unlucky". That is a classic gambler mentality.

Yes, Gamestop did catch a hedge fund in a short squeeze, which funnelled billions to long traders. But a lot of average people are going to be holding the bag when things reverse.
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#16
RE: r/WallStreetBets vs Hedge funds
And it will reverse. Gamestop's business model is flawed. It's just a ponzi scheme now. Same as bitcoin.

This is the power of the small guys working together.

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No God, No fear.
Know God, Know fear.
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#17
RE: r/WallStreetBets vs Hedge funds
Silver will be 50 bucks at least by the end of the week. Buy it while you can. It's now $28. Just waiting for the NYSE to open and it's off to the races..
No God, No fear.
Know God, Know fear.
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#18
RE: r/WallStreetBets vs Hedge funds
(January 31, 2021 at 7:53 am)░I░G░N░O░R░A░M░U░S ░ Wrote: They're going after the shiny stock next week. The most manipulated stock in history. It was worth $US50 per ounce 41 years ago in 1980. Today it's $25. What product on earth do you know of that has lost 50% of it's value over this time. It's not like silver (ETF- SLV) has no relevance in the world today. The answer is manipulation. 

Probably not a great example.  There's more competition for a dollar, industrial demand is down, and people aren't buying as much jewelry.   Not that this has to matter to the price of a stock......but, there is a reason that silver and gold are the go to products for scamming nana.

Their perceived value is higher than their real value (and always has been).

As a side note, The Wife remembers the mood at Enron when it became clear that everything was about to collapse - and especially all of the people who were out jobs for things they had no personal involvement with - and didn't even know were occurring. Lots of tears and anger. She had to drop out of her journo program on account of how she couldn't afford tuition without the work and her options had become worthless. Long downward slide until she was waitressing at a beach bar 1k miles away. The story ends well for her compared to most of the people she knew. Busted marriages, foreclosures, addiction...worse. These boom and bust runs are going to do the same to real people.

(January 31, 2021 at 1:29 pm)Rhizomorph13 Wrote: Don't compare the stock market to games of chance, that is loser talk! Simply put, the market moves based on known rules, there are predictable patterns and trends that you can make money from. 
Same with poker or roulette, hell...even slot machines can be gamed.  The difference is that a casino will kick you out for beating the house, beyond a point.  Nope, nevermind, appears to be no difference.  That's exactly what they did to the stonk bros.  Even more fundamentally, the comparison to a casino is malformed from both ends, most of the time. If we're trying to make it stick, the casino owners gain is just as relavent as the casino players loss. They're shorting you, and it's a good bet because of known rules, predictable patterns, and trends.

They only call them "games of chance" for marketing - and that, my friend, is the loser talk.

(it is good to hear that you're doing well, ofc - I tried it back in the day...but, ultimately, I couldn't stay interested and keep focus - better off with a manager, personally. If our guy could get us 400% I'd see how open he was to an arranged marriage between our children, lol.)
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#19
RE: r/WallStreetBets vs Hedge funds
(February 1, 2021 at 1:33 am)░I░G░N░O░R░A░M░U░S ░ Wrote: Silver will be 50 bucks at least by the end of the week. Buy it while you can. It's now $28. Just waiting for the NYSE to open and it's off to the races..

Bought it 20 years ago.

US coin.

Bought out a guy at $1.50 on $1.


Paying market price is what morons do.
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#20
RE: r/WallStreetBets vs Hedge funds
(February 1, 2021 at 1:33 am)░I░G░N░O░R░A░M░U░S ░ Wrote: Silver will be 50 bucks at least by the end of the week. Buy it while you can. It's now $28. Just waiting for the NYSE to open and it's off to the races..

I'm a contrarian.  I think it's time to sell some coins.
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