They basically made gambling (semi) legal, a bunch of card shops opened in strip malls and people play uncapped 1/2, 2/5 etc games where people are buying in for 1000bb.
Looking like STONKS this morning
STONKS TODAY STONKS TOMORROW STONKS FOREVER BEHOLD THE GREAT AND GLORIOUS MARKET DEATH TO UNBELIEVERS
THE MARKET HATH SPOKEN
This is good, for a second I was worried the sheep might get skinned and the casino might close down. Please everyone, go back to your daily routine of believing that your favorite companies will double in value each year until the end of time. Efficient markets are boring, gimme more of them SPACs and rugpulls and memes and gazillion dollar IPOs. Long live the TSLA Market!
Reverse of last couple days? STONKS, then an afternoon of NOT STONKS after the Fed?
Fuck did I miss the bottom already?
EVERY PRICE IS THE NEW BOTTOM IN GREAT AND GLORIOUS MARKET SELL YOUR HOUSE AND BUY STONKS SELL YOUR CHILDREN TO SLAVERS AND BUY STONKS
GME up >12%; order is restored in stonkland.
Amazing how Adam Aron luckboxed here.
AMC shares outstanding in Sept 2019 = 109 million
Share price Sep 1, 2019 = $4.71
Current shares outstanding (since Jun 30 '21) = 514 million
Current share price = $17.50
This is the kind of thing that is true right up until the moment it isn’t.
An upward vertical line at the same time the Fed meeting is scheduled - is that a good thing?
Aaaaand, now straight back down.
Powell just knocked 3% off the Nasdaq in 5 minutes! Stonks are wild man.
The pattern seems to be that when Powell speaks stonks go down. Wall Street hates that guy.
They should really put these Fed meetings on a calendar or something, so that people on Wall Street know they’re coming. They might also consider softening the ground a bit ahead of time, by saying stuff like, “Hey, next meeting, we might sorta kinda think about maybe raising the rate!”
It seems to me that it was really unfair that they just woke up today and said let’s have a meeting, then at 2 they were just like fuck it let’s raise the rate. Caught the markets super off guard!
Holy mother of volatility - spy could end positive again lol
Well you can’t make this shit up. A friend just texted me and asked if I want to interview to be a financial advisor at her company lol…
I have zero doubt I could be a fucking rainmaker financial advisor.
Lol financial advisors.