Anyone buy GME or AMC?

[pmaloneus]

Any other apes in here?

 

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[pmaloneus]

Also surprised I haven’t seen any posts about it.

 

[MJ DeMarco]

Also surprised I haven’t seen any posts about it.

It's only 13 pages.

HOT! - INVESTING - Reddit r/WSB bankrupts Hedge Fund using Robinhood

Do you guys think Robinhood will be banned and trading restrictions will get tighter from now on? It seems that retail investors are manipulating the markets just like wall street hedge funds. Here's a quick rundown of what happened this Friday. Someone read through trading reports. They found...

www.thefastlaneforum.com

 

[pmaloneus]

Lolololol as a long time member my bad

 

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[pmaloneus]

But thank you.

 

[MJ DeMarco]

Any other apes in here?

For those of us who don't spend time on Reddit nor follow the flavor of the week in stocks, what's an APE?

 

[MA81]

 

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[Raoul Duke]

For those of us who don't spend time on Reddit nor follow the flavor of the week in stocks, what's an APE?

I do not wish ill will on anyone or anything. But.... if these knuckleheads lose. I am not going to feel sorry for them. They fail to see what is actually going on. They just want screw over the "rich" guy. smh.

Bunch of... never-mind.

They'll end up losing everything. And not have a clue as to WHY.

Apes Together Strong​

Sometimes represented by a gorilla emoji, the saying is derived from an earlier meme based on the movie Rise of Planet of the Apes. When used by WallStreetBets, the apes are retail investors who are bullish on heavily-shorted stocks like GameStop. If the “apes” are united, then they can be strong enough to outlast those short on the stock.

WallStreetBets Slang and Memes

Learn the most popular terms and memes used by members of Reddit forum WallStreetBets.

www.investopedia.com

 

[pmaloneus]

They just want screw over the "rich" guy. smh.

Not true, I want to make some money.

 

[pmaloneus]

For those of us who don't spend time on Reddit nor follow the flavor of the week in stocks, what's an APE?

it’s the equivalent of calling ourselves fastlaners, but in the Sub-Reddit’s views and context.

 

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[Toshiro]

It's pretty much a scam by now.
You won't make any money with GME. The hedgefonds aren't short they are long and due to the volatility melking the apes and making shit tons of money.

 

[pmaloneus]

It's pretty much a scam by now.
You won't make any money with GME. The hedgefonds aren't short they are long and due to the volatility melking the apes and making shit tons of money.

Possibly, but it’s a strategic risk I’m willing to make.

 

[Toshiro]

Possibly, but it’s a strategic risk I’m willing to make.

What are you hoping for, a short squeeze?

 

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[pmaloneus]

Essentially, or a gamma squeeze which I get somewhat but can’t explain.

but in essence hoping to 10x-100x my money.

My thinking is if there is such opportunities, take calculated bets on them.

but I’m not a financial advisor and no one should take take any of this advice.

but there are smarter people in stocks than me that have helped me build my confidence in it and now I just like the stock.

 

[Mike Stoian]

I bought into the craze when it was 300 a share.

I always knew it wasn't smart. I always had MJ's ideas and core values in my mind. But even as I was telling myself that through all the rationality I had, I still bought into it. I couldn't help it. It also wasn't helping that all the DD and data I was reading was pointing in the same direction.

Then a couple weeks later I realised it was taking too much energy to keep track of what it was doing. It was making it difficult for me to focus on my business. So I sold at a loss. Lost 500 dollars. Nothing I'm going to worry about. All in all, it was a good lesson to learn for those 500 dollars.

Lesson: I'm more easily manipulated and controlled by emotions that I'd want to believe, and my brain often finds ways to rationalise what my emotions tell me. I like to think that marketing, a good story or crowd mentality doesn't influence me, but It clearly does. I learned that and with this occasion I more deeply integrated all the values and wisdom people have been talking about in this forum.

 

[Kevin88660]

For those of us who don't spend time on Reddit nor follow the flavor of the week in stocks, what's an APE?

People who take pride in taking excessive risk.

It can be also used as a verb. “Bull market now. Time to ape!”

 

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[pmaloneus]

People who take pride in taking excessive risk.

It can be also used as a verb. “Bull market now. Time to ape!”

Hit it on the head

 

[Guest-5ty5s4]

Nah, I like money too much.

 

[Kak]

Wow.

 

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[Ing]

I bought into the craze when it was 300 a share.

I always knew it wasn't smart. I always had MJ's ideas and core values in my mind. But even as I was telling myself that through all the rationality I had, I still bought into it. I couldn't help it. It also wasn't helping that all the DD and data I was reading was pointing in the same direction.

Then a couple weeks later I realised it was taking too much energy to keep track of what it was doing. It was making it difficult for me to focus on my business. So I sold at a loss. Lost 500 dollars. Nothing I'm going to worry about. All in all, it was a good lesson to learn for those 500 dollars.

Lesson: I'm more easily manipulated and controlled by emotions that I'd want to believe, and my brain often finds ways to rationalise what my emotions tell me. I like to think that marketing, a good story or crowd mentality doesn't influence me, but It clearly does. I learned that and with this occasion I more deeply integrated all the values and wisdom people have been talking about in this forum.

My son bought some at 240. so I did To support him physiological.
He had the coolness to wait the 50 phase and than sold for 260.
I had not and sold for... Na some 1000 loss. Not my cleverest decision.
Again bought AMC at 8 , sold at 10 .

„Stupid Is As Stupid Does“ Forrest Gump