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People Are So Angry They are Actually Investing Money Knowing They Will Lose It

 
Anonymous Coward
User ID: 74906333
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01/29/2021 09:30 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...I hope all these people making money on GME stock understand that pesky little thing known as "capital gains tax". I'm glad the hedge fund jerks are getting hosed, but if you invested $5,000 and sold for $50,000, you're on the hook for over $10,000 in capital gains taxes.
 Quoting: Finding Nemo DEAD


Big deal still a big profit
Anonymous Coward
User ID: 76030188
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01/29/2021 09:30 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This could be the end of the billionaire parasites.

The common man now has the power to collectively ruin any one of them we chose to. Now watch them rig the game.
 Quoting: Anonymous Coward 79995060


I wish, but that is naive... only their percentage of invested money is at risk, and none of them have it all invested... no billionaire is that dumb
 Quoting: Anonymous Coward 76030188


They have to either have it invested in something or be holding dollars. The smart money will always be invested in things of intrinsic value, not paper. But greed is weakness, and many are about to learn.




Dollars are in an OUT OF CONTROL inflationary spiral, and it's not being covered up very well. A truck that cost 20 thousand in 2000 is 45 thousand now.


the whole thing is based on the preconceived notion inflation will progress at a predictable rate, because if you carefully analyze the whole scheme you will see the way these people get so bloody rich is by capitalizing off of that built in underlying concept.

Ever notice when inflation stalls so do capital gains in the big hedge funds?

I did..
 Quoting: Anonymous Coward 79995060


Yes, they may have it all invested, but not all invested in shorting stocks... you’re not going to bankrupt any billionaires, that’s silly... but I’m still all for it... and I agree with you on the fact that wealth creation = tax avoidance
Anonymous Coward
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01/29/2021 09:31 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This isn’t about making money. See the odds were always stacked against the people. Seems the collective just changed the game.
 Quoting: Anonymous Coward 79992590


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
Anonymous Coward
User ID: 79995060
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01/29/2021 09:31 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This isn’t about making money. See the odds were always stacked against the people. Seems the collective just changed the game.
 Quoting: Anonymous Coward 79992590


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


You're losing the plot, Mr. Cohen. The game is not make money, but REVENGE

Get it yet?
 Quoting: Anonymous Coward 79995060


What revenge?

As of September 30

Hedge funds owned 28.47 million shares

If they had an average cost of 15 bucks and sold at 350 they almost made 10 billion
 Quoting: Anonymous Coward 78641683

ONE ASSHOLE AT A TIME


They're all linked. and like dominoes they'll all fall.
Anonymous Coward
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01/29/2021 09:32 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This isn’t about making money. See the odds were always stacked against the people. Seems the collective just changed the game.
 Quoting: Anonymous Coward 79992590


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419


truth bro. but the shills are out in full force here as per usual.
Anonymous Coward
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01/29/2021 09:32 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
You're losing the plot, Mr. Cohen. The game is not make money, but REVENGE

Get it yet?
 Quoting: Anonymous Coward 79995060


ILYS-dude

Wall Street turned Main Street into pigs over a decade and now they wanna wrassle? Game on Mr. Fancy Pants. These tards have been off work nearly a year living on the gray market and learning all sorts of things in their spare time and you think your moran level disinfo is gonna work? LMAO
Anonymous Coward
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01/29/2021 09:32 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This isn’t about making money. See the odds were always stacked against the people. Seems the collective just changed the game.
 Quoting: Anonymous Coward 79992590


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
Anonymous Coward
User ID: 29842978
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01/29/2021 09:33 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This is what happens when true change is bottlenecked for too long.
 Quoting: Anonymous Coward 75594816


It's what happens when you fuck a people so much they dont care about the threats OR RISK any more.
 Quoting: Anonymous Coward 79995060


This ^^^^. Profound and one of the most hard core lessons in life.

.
Anonymous Coward
User ID: 77759789
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01/29/2021 09:34 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I just created an account for that sole purpose. I will invest minimal money, but just enough to screw them up.


What they call a crash this time is just a bleeding of the cash from the elite to the little guy. If we all go we all win. A transfer is happening and if you don't sign up you won't get nothing.


Fill the form
Buy the stock
watch they bleed
enjoy the blood


5a
 Quoting: Anonymous Coward 79974539


You’re not screwing anybody idiot

This is planned. You think it’s a coincidence they selected GAME STOP?

You’re not putting a dent into their pockets

You’re just accelerating the great reset EINSTEIN
Anonymous Coward
User ID: 79946419
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01/29/2021 09:34 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...I hope all these people making money on GME stock understand that pesky little thing known as "capital gains tax". I'm glad the hedge fund jerks are getting hosed, but if you invested $5,000 and sold for $50,000, you're on the hook for over $10,000 in capital gains taxes.
 Quoting: Finding Nemo DEAD


Big deal still a big profit
 Quoting: Anonymous Coward 74906333


Dude would try to killjoy a $1 Powerball ticket that won $500M with 'oh, you're fucked now. Didjew forget about TAXES, dummy?'
Anonymous Coward
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01/29/2021 09:35 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
This is what happens when true change is bottlenecked for too long.
 Quoting: Anonymous Coward 75594816


It's what happens when you fuck a people so much they dont care about the threats OR RISK any more.
 Quoting: Anonymous Coward 79995060


This ^^^^. Profound and one of the most hard core lessons in life.

.
 Quoting: Anonymous Coward 29842978


the risk of doing nothing is greater. this is not playing the stock market anymore. it's turning over the rigged tables like Jesus would do. it's about doing right instead of the usual wrong. the kids buying up gamestock have souls. do you?
Anonymous Coward
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01/29/2021 09:36 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I have seen several people posting on walstreetbets that are literally putting in a few hundred here, couple thousand there into GMS stock for the sole reason of screwing over the hedge fund guys and are willing to hold it all the way down to $0.
 Quoting: Endoplasmic


Anonymous Coward
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01/29/2021 09:36 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Trump cult.

Same peeps
 Quoting: Anonymous Coward 75913339


Actually, this is one rare issue that has true bipartisan support - at least from the people.

Hedgies will jump from ledgies!
Gamestop: Buy and HOLD!




HOLD THE LINE!
 Quoting: WalrusRider


hesright
Anonymous Coward
User ID: 79995060
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01/29/2021 09:36 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I just created an account for that sole purpose. I will invest minimal money, but just enough to screw them up.


What they call a crash this time is just a bleeding of the cash from the elite to the little guy. If we all go we all win. A transfer is happening and if you don't sign up you won't get nothing.


Fill the form
Buy the stock
watch they bleed
enjoy the blood


5a
 Quoting: Anonymous Coward 79974539


You’re not screwing anybody idiot

This is planned. You think it’s a coincidence they selected GAME STOP?

You’re not putting a dent into their pockets

You’re just accelerating the great reset EINSTEIN
 Quoting: Anonymous Coward 77759789


GameStop should be one of the most profitable corporations in existence right now. Millions of people stuck at home with what to do? Watch movies and play games. All Gamestop needs to do is what I said, digitize distribution of their products
Anonymous Coward
User ID: 78641683
Canada
01/29/2021 09:36 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


Yeah man that's why they own 44% of the float. That's why the increased their longs. No one is getting screwed, well maybe one sacrificial lamb. This just theater to distract you from the Biden disaster.
 Quoting: Anonymous Coward 78641683


nope, you're the distraction from the takedown of the wall street casino.
 Quoting: Anonymous Coward 79937993


Lol. Commies hate the stock market, need to get rid of any way to make money that isn't a government check.
 Quoting: Anonymous Coward 78641683

It's legalized fuckin robbery. Like a casino being operated by a carnival

If I was smart enough to figure that out and show my math when I was ten years old, do you really think people are so stupid they cant figure it out?
 Quoting: Anonymous Coward 79995060


Ya bro, don't play the game if you don't know the rules
Anonymous Coward
User ID: 79946419
United States
01/29/2021 09:37 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I just created an account for that sole purpose. I will invest minimal money, but just enough to screw them up.


What they call a crash this time is just a bleeding of the cash from the elite to the little guy. If we all go we all win. A transfer is happening and if you don't sign up you won't get nothing.


Fill the form
Buy the stock
watch they bleed
enjoy the blood


5a
 Quoting: Anonymous Coward 79974539


You’re not screwing anybody idiot

This is planned. You think it’s a coincidence they selected GAME STOP?

You’re not putting a dent into their pockets

You’re just accelerating the great reset EINSTEIN
 Quoting: Anonymous Coward 77759789


Yup. No dent. That $2.75 Billion bailout from Citadel and Point72 was a fake durrhurr durrhurr.
Anonymous Coward
User ID: 79937993
United States
01/29/2021 09:37 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


nope, you're the distraction from the takedown of the wall street casino.
 Quoting: Anonymous Coward 79937993


Lol. Commies hate the stock market, need to get rid of any way to make money that isn't a government check.
 Quoting: Anonymous Coward 78641683

It's legalized fuckin robbery. Like a casino being operated by a carnival

If I was smart enough to figure that out and show my math when I was ten years old, do you really think people are so stupid they cant figure it out?
 Quoting: Anonymous Coward 79995060


Ya bro, don't play the game if you don't know the rules
 Quoting: Anonymous Coward 78641683


the game is over. you and your kind are done. you'll see.
Anonymous Coward
User ID: 79937993
United States
01/29/2021 09:38 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I just created an account for that sole purpose. I will invest minimal money, but just enough to screw them up.


What they call a crash this time is just a bleeding of the cash from the elite to the little guy. If we all go we all win. A transfer is happening and if you don't sign up you won't get nothing.


Fill the form
Buy the stock
watch they bleed
enjoy the blood


5a
 Quoting: Anonymous Coward 79974539


You’re not screwing anybody idiot

This is planned. You think it’s a coincidence they selected GAME STOP?

You’re not putting a dent into their pockets

You’re just accelerating the great reset EINSTEIN
 Quoting: Anonymous Coward 77759789


GameStop should be one of the most profitable corporations in existence right now. Millions of people stuck at home with what to do? Watch movies and play games. All Gamestop needs to do is what I said, digitize distribution of their products
 Quoting: Anonymous Coward 79995060


with all of these new shareholders, the sky's the limit to what gamestop can do now. the brilliance of all this will soon be visible to everyone.
Anonymous Coward
User ID: 79995060
United States
01/29/2021 09:38 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


Lol. Commies hate the stock market, need to get rid of any way to make money that isn't a government check.
 Quoting: Anonymous Coward 78641683

It's legalized fuckin robbery. Like a casino being operated by a carnival

If I was smart enough to figure that out and show my math when I was ten years old, do you really think people are so stupid they cant figure it out?
 Quoting: Anonymous Coward 79995060


Ya bro, don't play the game if you don't know the rules
 Quoting: Anonymous Coward 78641683


the game is over. you and your kind are done. you'll see.
 Quoting: Anonymous Coward 79937993


If they think it's going to stop here theyre in for one hell of surprise
Anonymous Coward
User ID: 79937993
United States
01/29/2021 09:39 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...

It's legalized fuckin robbery. Like a casino being operated by a carnival

If I was smart enough to figure that out and show my math when I was ten years old, do you really think people are so stupid they cant figure it out?
 Quoting: Anonymous Coward 79995060


Ya bro, don't play the game if you don't know the rules
 Quoting: Anonymous Coward 78641683


the game is over. you and your kind are done. you'll see.
 Quoting: Anonymous Coward 79937993


If they think it's going to stop here theyre in for one hell of surprise
 Quoting: Anonymous Coward 79995060


ain't that the truth.
TerraFirma's Esoterrorist

User ID: 65946294
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01/29/2021 09:39 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
Moral of the GME moment:

Never go full naked shortstop in a ballgame of Autist GameStop.


fullretard

Last Edited by TerraFirma's Esoterrorist on 01/29/2021 09:42 PM
"Keep a weather eye to the chart on high and go home another way"

–James Taylor Never Die Young
Anonymous Coward
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01/29/2021 09:39 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


Against the people? Lol the hedge funds were betting that a shit company, was going to go bankrupt and the PEOPLE bailed them out...

You just spent millions bailing out garbage... haha and now, the recent owners of GameStop, as internal transactions are up 140%, and the intuitional owners at 95%, are going to reap the rewards...

Fucking dumb liberals...

I would bet anything these people in that Reddit are liberals..
 Quoting: Anonymous Coward 77606890


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
 Quoting: Anonymous Coward 79995060


The guys behind online pet retailer Chewy are already on board. Already being addressed.
Anonymous Coward
User ID: 79353169
United States
01/29/2021 09:40 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GameStop should be one of the most profitable corporations in existence right now. Millions of people stuck at home with what to do? Watch movies and play games. All Gamestop needs to do is what I said, digitize distribution of their products
 Quoting: Anonymous Coward 79995060


And didn't they fairly recently get a couple hard working type billionaires in on the board w a fair bit of skin in the game and know how to make that pivot? I'm pretty sure that's exactly what happened.

dasbier
Anonymous Coward
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01/29/2021 09:42 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
GameStop should be one of the most profitable corporations in existence right now. Millions of people stuck at home with what to do? Watch movies and play games. All Gamestop needs to do is what I said, digitize distribution of their products
 Quoting: Anonymous Coward 79995060


And didn't they fairly recently get a couple hard working type billionaires in on the board w a fair bit of skin in the game and know how to make that pivot? I'm pretty sure that's exactly what happened.

dasbier
 Quoting: Anonymous Coward 79353169


Yup. The guys from Chewy.
Anonymous Coward
User ID: 79748976
United States
01/29/2021 09:42 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe
Anonymous Coward
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01/29/2021 09:42 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
We should have just revolted completely and make cops and military take a side
 Quoting: Over watch


They have proven they just take the side their money comes from.
Anonymous Coward
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01/29/2021 09:44 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


and i would bet that you're a fucking moron. i know i'd win big on that one.
 Quoting: Anonymous Coward 79937993


Yup. Right political views but no clue on investing.

$GME stock owners are getting rich while hedge funds are getting butt raped and a business has a chance to survive now. Employees get to keep their jobs.

How can anybody be against that? This is GLORIOUS!
 Quoting: Anonymous Coward 79946419

All GameStop really has to do is change their brick and mortar approach to a digitized distribution scheme, and theyre cherry for the next 20 years at least
 Quoting: Anonymous Coward 79995060


The guys behind online pet retailer Chewy are already on board. Already being addressed.
 Quoting: Anonymous Coward 79946419


Ive always said the best revenge is success.

I know I'm not the only one that thinks that way, too.

I was never stupid enough to invest in anything that had no intrinsic value, but this time I'll make exceptions and take my chances. The people ruling this world are running roughshod over us all while they destroy the planet with reckless abandon as if the only future that counts is their own lives, and they need to be brought down.

This is a beginning
Anonymous Coward
User ID: 79353169
United States
01/29/2021 09:44 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
We should have just revolted completely and make cops and military take a side
 Quoting: Over watch


They have proven they just take the side their money comes from.
 Quoting: Anonymous Coward 79904361


The GameStop empire will be vast and require many soldiers, after all, you don't get to another galaxy without busting a few heads.
Anonymous Coward
User ID: 79748976
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01/29/2021 09:45 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
...


You're just giving Biden ammo to commiefy the stock market
 Quoting: Anonymous Coward 78641683


The fucking stock market is where rich people get richer by systematically robbing middle class investors with a fixed fuckin' game, when you boil it down to brass tacks. Ive known that since I was about ten. All we need to know is HOW they do it to fuck them.

Cruise
 Quoting: Anonymous Coward 79995060


Nah man the idiot investor buys shitty companies. People do more research buying a toaster than buying a company stock.
 Quoting: Anonymous Coward 78641683

THE VERY BEST you will ever do buying ANY stock and just holding onto it long term is break even with inflation. Most likely with brokerage fees and capital gains tax you
ll end up losing your ass.

As the value in dollars of a stock goes up as more money is pumped into the stock market, the value of those dollars goes down proportionally to how much of this "easy money" was pumped into the market..

In other words,(this is not real, just an example) say you bought ATT twenty years ago and it went up 20 dollars a share, from 100 to 120

How much money did you make?

Well, the answer is you made 20 bucks a share or 20 percent net gain in USD's, but since inflation over the same period was 28 percent, you actually LOST buying power with your "20 percent gain". There ARE exceptions where stocks rise faster than inflation, but when they come around the common man is manipulated into selling those stocks off by periodic mass sell offs that scares them into thinking the stock is tanking.
 Quoting: Anonymous Coward 79995060


SMH.
This is beyond the dumbest thing I have ever heard (today).

AT&T (T) was about $16.00/share 20 years ago. Today it is about $32.00/share.

That's not too bad, right?

Oh. But, wait.

There have been three stock splits (3:1),(2:1),(2:1).

So, 10 shares at $16.00 initial = $160.00

10 shares split x3 to 30 share, then x2 to 60 shares, and finally x2 to 120 shares.

Today 120 shares x $32.00 = $3840.00

#3840.00 is a little more than you are suggesting. Hehe
Anonymous Coward
User ID: 79973028
United States
01/29/2021 09:46 PM
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Re: People Are So Angry They are Actually Investing Money Knowing They Will Lose It
I just created an account for that sole purpose. I will invest minimal money, but just enough to screw them up.


What they call a crash this time is just a bleeding of the cash from the elite to the little guy. If we all go we all win. A transfer is happening and if you don't sign up you won't get nothing.


Fill the form
Buy the stock
watch they bleed
enjoy the blood


5a
 Quoting: Anonymous Coward 79974539


clappa





GLP