The TSLA Market / Economy

I was thinking the same thing. It’s over but it will certainly bounce a few times. It’s the equivalency of buying Trump to be president at like 5c on PredictIt months after the election because you’re counting on MAGAs pumping the price to 10c. I don’t think it’s worth the life-EV of needing to watch the chart stressing out over though, and for that reason I’m out.

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Still got my CLVS shares. DIAMOND HANDS

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strong recovery closed only down 3%. NOT SELLING TIL $420

(or maybe at $4.20)

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Me too, that’s my biggest position right now :rofl:

wow google CRUSHED

ALPHABET 4Q OPER INCOME $15.65B, EST. $11.97B
ALPHABET 4Q REV. $56.90B, EST. $53.54B

Also,

https://twitter.com/CNBCnow/status/1356709969031274497

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Trading 212 Europe’s robinhood app still is restricting meme stocks and have even stopped new sign ups for the last week.

Ken, I’ll take ‘Before and After’ for $400.

“Stonk go down? or 'Yee-Haa!”

What is “Will Clovis go bust a nut?”

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So you’re telling me I get to deduct my $1k in CLVS options losses? Even if you lose, you still win!

https://old.reddit.com/r/wallstreetbets/comments/lb6jld/gme_yolo_update_feb_2_2021/

casual -$13.6 million day

Jesus dude, I get that he likes the stock and think it was undervalued but what the fuck target valuation could he possibly have that wasn’t hit? Does he actually think it’s a $50B market cap company or something??

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He already cashed out a little under $14 million so he’s just gaaamboooooooooling the rest.

It’s going to be amazing when this crashes and is “over” and this guy does the exact same thing again.

Looked up Gamestop. There are 3 within 15 miles of my house so I guess I’m just oblivious.

Live by the GME die by the who cares about providing your family with generational wealth when you can lose $14 mill for internet points.

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Every person I’ve ever met who is the product of generational wealth has either been an asshole, a nutcase or a drug addict - often all three.

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Losing $14 milly for the LOLs is some next level stuff

I feel like generational wealth transfer in Australia is even more dominant and worse than the USA. Not only wealth but opportunities. 99% of people I know who have a ‘good’ (in the sense of high paying) job in Australia came from already rich parents. Same with the people who own property - all due to their parents gifting them six figure sums to buy with. At least get your deposit through online poker or gambling like a real human.

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Found something I didnt know today. Apparently, Dogecoin’s market cap is just about the same as GameStop’s, even at their insane valuation. I don’t know if thats more lol Doge, lol gamestop, or both.

https://www.cnbc.com/2020/10/09/millennials-own-less-than-5percent-of-all-us-wealth.html#:~:text=Baby%20boomers%20control%20over%2053,by%20age%2C%20class%20and%20race.

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I’m sure its similar here but I think in 20 years or so it’ll be millenial-aged people whose parents owned 95% of the wealth will own 95%+ of the wealth. Grim.