Investing (aka GameStonk and other gambling events)

I pronounce STONKS with a long O and Bronx with a short O.

So you think stocks and box rhyme, but not stonks and Bronx? There is nothing in English that sounds like stone-ks that I can think of.

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I can’t think of a word that rhymes with long o STONKS, so you should reevaluate.

Sigh, ponied.

“Stokes” is the closest I can come.

I always imagine “stonks” rhymes with “honks.”

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Maybe it’s like people in the KNOW OWN a lot of STONKS

Of course it does. Never trust a man who doesn’t like authentic Mexican food.

Headed over to wallstreetbets for some laughs and sounds like a lot of the memestock robinhood types over there got pretty much wiped out yesterday. I guess big tech and TSLA got fucked big?

Just end every line in you poem/song with the words lol stonks.

Oh good, I see there has been several posts in the Investing thread over night. Must be some interesting market or economic news!

Nope, they’re arguing about how to pronounce “stonks”.

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How do you get wiped out on a small drawdown after a months long run up? Are they all not only super concentrated in a handful of stocks, but also using leverage?

Yeah. I dont understand stocks that much but a ton of them were all in on apple and tsla and rtk and a few others that got killed and had huge calls on them as well.

Lots of people posting losing like 80-90% of their portfolio lol.

Going all in on AAPL or Tesla calls that expire in a day

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Well eventually this was always going to happen. Or as a famous deplorable once said, “that’s on them!”

Reddit stonks bros don’t understand bankroll management? Well I never!

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If you just keep doubling your bet you are guaranteed to win eventually, it’s math stupid.

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Wsb guys have been going all in on final day options for months and making bigly tendies. The first red day in 3 months wiped them all out because STONKS only go up and FD calls are free money. That is litetally half the posts on the subreddit, which meme stock to yolo into for fd calls.

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Don’t forget to quit when you’re up $350 for the day. Start fresh again the next day when the probabilities reset. And if you really wanna be safe, wait for 5 paper losses in a row and then make a real-money trade.

These people were apparently reverse martingaling, though? Serves them right, that’s some blasphemy right there.

‘great’ unemployment numbers again so market probably recovers all of yesterday’s losses by mid next week

It looks like all the job gains were census jobs with basically no private sector job growth. That should be bad news but in this market who knows.