/r/WallStreetBets raids hedge funds with stock meme?

[Will Hunting]

Ouch. The WallStreetBets re s are still holding a month and a half out from expiry.

I sold out pretty early on. Only lost $100 or so.

[SnakeBoy]

I sold out pretty early on. Only lost $100 or so.

Were you the one who shorted?

[baseline bum]

Were you the one who shorted?

Bend over, I'll show you getting shor.... um, never mind.

[Will Hunting]

Were you the one who shorted?

I bought puts, got nervous and thankfully sold the puts before their value collapsed.

[SnakeBoy]

I bought puts, got nervous and thankfully sold the puts before their value collapsed.

lol good move. Seemed liked a sure bet the price would collapse back to $20-30 where it belongs. I think a bunch of people are down like 50% but holding on cuz diamond hands lol.

[Will Hunting]

lol good move. Seemed liked a sure bet the price would collapse back to $20-30 where it belongs. I think a bunch of people are down like 50% but holding on cuz diamond hands lol.

I might buy puts again because of how cheap they are but it’s basically a total guess as to when the stock price will correct

[baseline bum]

I might buy puts again because of how cheap they are but it’s basically a total guess as to when the stock price will correct

I hope they don't get pushed into bankruptcy any time soon because I love buying $2 to $5 clearance games at Walmart and then unwrapping and trading them in used to Gamestop next door for $20 Playstation cards.

[RandomGuy]

I hope they don't get pushed into bankruptcy any time soon because I love buying $2 to $5 clearance games at Walmart and then unwrapping and trading them in used to Gamestop next door for $20 Playstation cards.

arbitrage
är′bĭ-träzh″
noun
The simultaneous purchase and sale of equivalent assets or of the same asset in multiple markets in order to exploit a temporary discrepancy in prices.

One of my favorite words.

[Will Hunting]

I hope they don't get pushed into bankruptcy any time soon because I love buying $2 to $5 clearance games at Walmart and then unwrapping and trading them in used to Gamestop next door for $20 Playstation cards.

Sounds like the multiple times something Walmart sold would break and I'd fix it by buying it new and then returning the broken thing to Walmart.

I think I did that with like 3 different graphing calculators

[baseline bum]

Sounds like the multiple times something Walmart sold would break and I'd fix it by buying it new and then returning the broken thing to Walmart.

I think I did that with like 3 different graphing calculators

IDK man, sounds like something that could backfire pretty bad if they looked at serial numbers or something. What were you doing to those calculators? lol I have a Ti-92 that's probably 25-30 years old and still runs great. That mother er could even do antiderivatives and solve some differential equations, and I programmed it to run Tetris too lol.

[Will Hunting]

IDK man, sounds like something that could backfire pretty bad if they looked at serial numbers or something. What were you doing to those calculators? lol I have a Ti-92 that's probably 25-30 years old and still runs great. That mother er could even do antiderivatives and solve some differential equations, and I programmed it to run Tetris too lol.

they never look at the serial numbers, that's the thing. I also always paid with cash so it wasn't traceable to me. Walmart's entire business model is volume volume volume without the added expense of guarding against people who game the system.

1 of the times it was a calculator I broke by dropping it...the other 2 times they were broken calculators I got from friends.

[Will Hunting]

The other thing Walmart cashiers are trained to do is just ask people what the price of something is if it's missing a barcode. In college I remember needing a cooler for a party and I paid $5 for a $22 cooler and the fat Mexican cashier didn't even question that $5 was the accurate price

[baseline bum]

they never look at the serial numbers, that's the thing. I also always paid with cash so it wasn't traceable to me. Walmart's entire business model is volume volume volume without the added expense of guarding against people who game the system.

1 of the times it was a calculator I broke by dropping it...the other 2 times they were broken calculators I got from friends.

Damn guess I can't use that for free extended warranty on my PS5 lol since I had to buy that through their website.

[Trainwreck2100]

The other thing Walmart cashiers are trained to do is just ask people what the price of something is if it's missing a barcode. In college I remember needing a cooler for a party and I paid $5 for a $22 cooler and the fat Mexican cashier didn't even question that $5 was the accurate price

i worked retail, anyone who has, knows these workers don't give that much of a , it's not like they get paid enough to give a

[Will Hunting]

i worked retail, anyone who has, knows these workers don't give that much of a , it's not like they get paid enough to give a

Yeah same, but I know that Walmart employees are even trained to ask the customer for the price if the item is missing a barcode. They view customers lying about the price as a cheaper alternative than the employee having to figure out the price themselves every time.

[Winehole23]

[RandomGuy]

Thanks man. I needed that.

[Winehole23]

GME still trading at $207 a share.

[SnakeBoy]

GME still trading at $81 a share.

[baseline bum]

GME still trading at $81 a share.

The pandemic has been really good for them since any hardware they get flies off the shelves, but $81 is still pretty ridiculous lol.

[SnakeBoy]

The pandemic has been really good for them since any hardware they get flies off the shelves, but $81 is still pretty ridiculous lol.

I just wonder how many FOMO types are still sitting there saying Diamond Hands!

[SnakeBoy]

Melvin Capital to shut down one year after GameStop short-squeeze caused billions in losses for the hedge fund
https://www.msn.com/en-us/money/mark...cid=uxbndlbing

[Winehole23]

Melvin Capital to shut down one year after GameStop short-squeeze caused billions in losses for the hedge fund
https://www.msn.com/en-us/money/mark...cid=uxbndlbing

bad management, tbh

[baseline bum]

Melvin Capital to shut down one year after GameStop short-squeeze caused billions in losses for the hedge fund
https://www.msn.com/en-us/money/mark...cid=uxbndlbing

LOL Diamond Hands with the KO

ing stock is nearly $125 lol

[Winehole23]

"fractional tokenization of real estate"