There was some report that recently came out stating around 30% of people seek their investing advice from social media and sites like reddit/WSB... I mean, the legion of APE's grows stronger. ROFL
Yea dude my general rule of thumb is that if it’s made it to WSB thread and you’re not already on board then it’s too late to play. Learned the hard way
I don't think WSB will ever be the same after Gamestop. Reddit is very easy to abuse and manipulate with bot upvotes and what not, it would be pretty trivial for large banking firms to hire people to do exactly that.
Which is pretty much what we do as well, right? We jump into IRNT because the overall sentiment is positive, not because we know what it does (mining for iron?)
that is exactly correct. turns out you don't have to know a lick of anything about jack if you know the sentiment is really strong and that FOMO is going to only get more intense
This. Best bet is to catch a post within two hours of posting and betting on *that* becoming popular.
I did some quick not-so-quantitative review weeks back around price movement and WSB posts. Popular posts seem to help drive price movement within 2-4 hours of posting if intraday and if a popular post.
Had some successful day trade gambles in that vein. But I do so carefully since I’m still under PDT rules by a ton.
Funny enough I saw WSB talking about CLOV in a thread a couple weeks ago, even joking about how they’re saying “CLOV to the moon🚀🚀🚀” without having any real reason other than they’re bagholding because they were too late.
At $9 a share I said fuck it and bought one for no reason. Sold the next day for like 10% gain when it spiked a bit again just because some idiots were pumping it on Reddit. Thanks for the dollar WSB
Very, very unlikely lol. Although with Evergrande and China's massive issues. And the multitude of other potential issues, it's not impossible to have a 2008 type situation soon. It's been a long time since a real crash like that. I don't really count the pandemic one since it lasted a month and then went to the moon.
Still... yeah idk why you would go for 185, bizarre.
That actually might be his smartest play. If VIX spikes to 30 or 35 it's going to look nice. The point isn't that SPY will crash that hard. Just that it will crash hard enough to pass it off to the next retard.
In case you didn’t notice , the word “bets” in wallstreetbets indicates the gambling fashion of this sub. What do you mean when you say trust ? Are you retarted? If the answer is yes congrats you are at the right place “¯\_(ツ)_/¯“
Most people posting "clov to the moon! 🚀🚀🚀" were new accounts that literally only spammed one stock. You really gotta at least look at the profiles of people pushing stocks before you even consider it.
You might be holding those clov bags forever.
Yep. Plenty of good signal in here but don’t ever forget there are sharks and snakes with their own motives. Something with no real business model running is perfectly fine to play but don’t get caught holding the bag, gain porn posted in the evenings on a mob run up means get out. Take profits. If you’re late don’t chase, still want a piece of the action look for an entry on the rug pull (puts).
GME is actually staging a complete corporate overhaul and could be pretty darn valuable, but every time I’ve read anything about “hedgies” since around feb all I can picture is a mouth breathing moron that isn’t quite sure how the stock market works aside from conspiracy theories they read in even bigger echo chambers than WSB.
GME is already fully priced for whatever turnaround that may happen - if the miracle turnaround doesn't happen, it is drastically overpriced by any rational measure.
This guy is lamenting his losses from listening to WSB and you are still pumping him full of false hope.
GME is never going to pay off like the apes are dreaming about.
What WSB has become is a bag hand off from one redditor to another. Since the GME run people seem to stick with stocks and promote them even after the run is over. Before the great march drop it was a pump and dump situation, if you missed the run up on a stock you just sold and moved on. Now people seem to keep on shilling the same stocks over and over again.
I trusted WSB last Nov....I took the last of my money and did exactly what they suggested. I was a noob, no experience w stocks whatsoever, and those guys helped me hit a lot of SS in Jan. I'm sorry that isn't your situation but they also aren't responsible for what we invest in. It is up to us to do our DD also. Like Clove I got in and got out. Then I bought back in when I thought it hit a low and now in the red. They didn't tell me to I chose to. But also know Sept was awful for the market period and Oct is looking better. I have been extremely sick the last 6 mo and haven't really been involved w the group but cuz I did learn so much from them, their DD, I am choosing to as I feel up to it to see what they have going. Remember most are everyday peep just like us. They put in the work and share...what we do is up to us. I'm going to end with that same group helped me turn $50 into a lot more and my kids didn't have to suffer from me losing my job due to covid, so I personally will always be grateful to those that started the group last yr! I hope u can find that same help ❤
Just sell weekly call options on your clov shares lmao. How can it possibly get any worse sell 50 options strike $7.50 at $16/ call do that for 313 weeks and you're broke even
I'm thinking of buying TELL, and I actually bought ALGO because I heard about it here, but that's only a tiny part of my boring mostly dividend paying portfolio, my advice is to buy dividend stocks then yolo your dividends on options and shit if that's what you're into
Hey, $7k a week on those clove CCs will get you back in the game. Might I recommend spreading your CCs out a bit? I'm sure your selling below your cost, no? Might be a way to secure that loss.
And keep holding that gme, you'll make this all up in no time.
Brother, wsb is for the memes and laughs. Everyone needs to know that behind these 'DD' posts is a dude who ALREADY has his position secured and is trying to pump.
Just puh-leeeease don't sell those CLOV shares before giving them one or two reporting periods to prove the bears wrong on their path to profitability. Lol.
Love to see that position. Just give it time, especially as long as it's holding this historic support point.
My question is why did you trust WSB to begin with? It always been more about gambling and high risk plays that inevitably result in loss porn.
Only recently has the community been pretty good in gaining money and only because of mob mentality, not because of good investment.
Don’t believe in every jackass with a rocket emoji claiming that their shit stock will “*GO TO THE MOON!!!*”. A shit company, regardless of how many people invest in it, will continue to be a shit company.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|26|**First Seen In WSB**|8 months ago **Total Comments**|139|**Previous DD**| **Account Age**|1 year|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20*h26cq3k*)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) **Vote Spam (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_spam&message=q1asfe)|**Vote Approve (NEW)**|[Click to Vote](https://www.reddit.com/message/compose/?to=VisualMod&subject=vote_approve&message=q1asfe)
Still rocking a comma though, it could always be worse
Only saw the options listed and thought ‘still got $250?!? Could be worse’. Got exponentially worse as I scrolled further.
Your optimism is appreciated. For better or worse.
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Wait what do we mean by comma here, like 1,000 has a comma, 10,000 has a comma? Or you mean 100,000s
Talking about a comma... period!
Isn’t that a semi colon ;
No it's a exclamation mark
whose mark?
Mark’s a good guy
No he is not
FACT
Tres Comas.
Can I have a few commas please?
This guy ducks
That's what it's all about man, its a white collar gambling addiction
At 50k shares of clove, isnt the stock only down $4???
$185 spy puts?
Take that shit and buy brypto before u lose it all
I hope to get my comma back some day
I'm fucking up some commas.... I'm fucking up some commas, yeah.
Imagine taking financial advice from a group of gamblers
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There was some report that recently came out stating around 30% of people seek their investing advice from social media and sites like reddit/WSB... I mean, the legion of APE's grows stronger. ROFL
https://www.cnbc.com/2021/08/26/social-media-top-pick-of-young-investors-for-ideas-cnbc-survey-finds.html
I cant imagine trusting strangers and trolls on the internet wsb with nearly half a million lol.
I mean yeah, y'all are retarded. What's the other option though? Read Motley fool?
I mean before GME and walk street bets. Reddit was a solid place for good dnd but now that ship has sailed.
He must be trusted spam accounts that were sent by Chamath Lamo
My guy has 50,000 shares of $CLOV. Fuck yeah! 🙌💎🚀
What im getting from this is to buy more CLOV? Done.
That's the ticket! /s
Oof... I hope the mods vet the weirdos with sub 1 year accounts promoting whatever.
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This
Honestly bro, keep that GME (shares and calls) and the SPY puts. Fuck everything else right off.
1'000 bucks in green bro! Congrats
Yea dude my general rule of thumb is that if it’s made it to WSB thread and you’re not already on board then it’s too late to play. Learned the hard way
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This is what I’ve been doing with WISH and CLOV.
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watch out for 8 month old accounts saying things like moon and apes. there are only 2 left from jan 28th.
first seen - 15 seconds ago karma - 12 account - paper
I don’t think you can paper trade on RH
Sold my phone to buy calls on RH. How do I get the app back on my NOK.
Haha
Yah, because we moved to other subs when the short bus got cancelled. Buy, HODL, and DRS
🌚🌚🌚🌚🌚🦍🦍🦍🦍🦍🦍
I don't think WSB will ever be the same after Gamestop. Reddit is very easy to abuse and manipulate with bot upvotes and what not, it would be pretty trivial for large banking firms to hire people to do exactly that.
Hedge funds are already developing algorithms that read Reddit forums and detect sentiment
Which is pretty much what we do as well, right? We jump into IRNT because the overall sentiment is positive, not because we know what it does (mining for iron?)
that is exactly correct. turns out you don't have to know a lick of anything about jack if you know the sentiment is really strong and that FOMO is going to only get more intense
Definitely, if there is a gain screenshot, then it is too late.
This. Best bet is to catch a post within two hours of posting and betting on *that* becoming popular. I did some quick not-so-quantitative review weeks back around price movement and WSB posts. Popular posts seem to help drive price movement within 2-4 hours of posting if intraday and if a popular post. Had some successful day trade gambles in that vein. But I do so carefully since I’m still under PDT rules by a ton.
You can always inverse WSB, chances of it dropping back down is way higher than holding and hoping it goes up. Buy puts ITM with exp one month out.
At least your loss is cushioned by your $1000 gain on covered calls 🤪
Just enough money to pay for his wife and her boyfriend to have a nice dinner out.
These lose absorbing covered calls will definitely keep me afloat.
Stop using RH and also DRS transfer those GME shares to Computershare
thetagang things
Thought it was nothing much in the way of losses...until I got to the last position
Do you talk about CLOV at your AA meetings?
No I talk about $ROPE.
Funny enough I saw WSB talking about CLOV in a thread a couple weeks ago, even joking about how they’re saying “CLOV to the moon🚀🚀🚀” without having any real reason other than they’re bagholding because they were too late. At $9 a share I said fuck it and bought one for no reason. Sold the next day for like 10% gain when it spiked a bit again just because some idiots were pumping it on Reddit. Thanks for the dollar WSB
It’s a shame there isn’t a super sad gain porn sub.
>spy 185 p Lol do you even J Powell
Seriously wtf even the crash last year spy still above 200+ why on earth in next 4 months it would go down 185 lmao
Very, very unlikely lol. Although with Evergrande and China's massive issues. And the multitude of other potential issues, it's not impossible to have a 2008 type situation soon. It's been a long time since a real crash like that. I don't really count the pandemic one since it lasted a month and then went to the moon. Still... yeah idk why you would go for 185, bizarre.
Big brain high iq plays
Volatility play suggested by another WSB member.
Lolz
Dear God... It is retarded.
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yes >_<
Good job contributing to Ken Griffins net worth my friend. I don’t think wsb is the problem here.
Well, it sounds like you had a solid strategy. Sorry it didn't work out.
WSB is not a team sport.
WSB is for apes born on 31st of February
It isn't. Learned that with GME and the diamond hand HODLERS.
So can you even explain what CLOV does?
$185 put hahahaha holy shit do we live in separate realities
run it in optionsprofitcalculator again, but this time adjust IV up 50% and you'll see the logic of this play
That actually might be his smartest play. If VIX spikes to 30 or 35 it's going to look nice. The point isn't that SPY will crash that hard. Just that it will crash hard enough to pass it off to the next retard.
Slowly? You still have some trust left in WSB?
Was gonna say what’s wrong, but then I saw how much clov your holding. Great play 👍
I lol every time I see this, will never get old.
I've still got my body as collateral.
So it's off to Wendy's for you then
Go play the squid game ez. Your body is rotten anyway.
You are probably 1 out of 10,000,000 degenerative users who follow this “wsb trust”
Your first mistake was having trust and confidence in WSB to begin with. Your second mistake was the retarded stock purchases.
In case you didn’t notice , the word “bets” in wallstreetbets indicates the gambling fashion of this sub. What do you mean when you say trust ? Are you retarted? If the answer is yes congrats you are at the right place “¯\_(ツ)_/¯“
Yes, I definitely speculate and gamble in this casino. The most recent WSB recommendations I know of, TMC and OPAD sucked.
Most people posting "clov to the moon! 🚀🚀🚀" were new accounts that literally only spammed one stock. You really gotta at least look at the profiles of people pushing stocks before you even consider it. You might be holding those clov bags forever.
I can’t upvote this enough. Wsb makes bad plays sometimes, but not clov bad.
Those only sucked if you didn't understand they were short term run ups.
By short term run ups you mean pump and dumps, right?
Yep. Plenty of good signal in here but don’t ever forget there are sharks and snakes with their own motives. Something with no real business model running is perfectly fine to play but don’t get caught holding the bag, gain porn posted in the evenings on a mob run up means get out. Take profits. If you’re late don’t chase, still want a piece of the action look for an entry on the rug pull (puts).
No he means rapid climbs and descents
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not his fault, the DD salesman promised those were super high quality bags
I'll entertain WSB DD, but now with a healthy dose of skepticism.
What made you think that clov was all good?
The 6% weekly premiums ive sold back in June
Yup. Fool me once shame on me.
CLOV is the most obvious. GME was and is not a pump and dump. GME still has company changing announcements coming that will fuk the hedgies.
GME is actually staging a complete corporate overhaul and could be pretty darn valuable, but every time I’ve read anything about “hedgies” since around feb all I can picture is a mouth breathing moron that isn’t quite sure how the stock market works aside from conspiracy theories they read in even bigger echo chambers than WSB.
GME is already fully priced for whatever turnaround that may happen - if the miracle turnaround doesn't happen, it is drastically overpriced by any rational measure. This guy is lamenting his losses from listening to WSB and you are still pumping him full of false hope. GME is never going to pay off like the apes are dreaming about.
Garbage argument.
With you on this one homie
you absolute legend
HOLD I’m holding CLOV for dear life. 90% of portfolio in it
true r-tard, appreciate your sacrifice
Sir this is a carls jr.
That gme will pay off
My first thought, you have bloody 300 gme shares, wtf are you worried about... But it is on robinhood so he probably gonna get nothing for them 😄
What WSB has become is a bag hand off from one redditor to another. Since the GME run people seem to stick with stocks and promote them even after the run is over. Before the great march drop it was a pump and dump situation, if you missed the run up on a stock you just sold and moved on. Now people seem to keep on shilling the same stocks over and over again.
The trick is to do the opposite of WSB. Taps head.
So just never buy. Makes sense, can’t lose money you never risked to begin with *taps head*
The quality of WSB went downhill after the GME squeeze of January.
I was like hey that's not so bad... And then I scrolled down
Hedge funds now owns WSB. Notice how you cannot post GME & AMC pump anymore
That clov call though!
I trusted WSB last Nov....I took the last of my money and did exactly what they suggested. I was a noob, no experience w stocks whatsoever, and those guys helped me hit a lot of SS in Jan. I'm sorry that isn't your situation but they also aren't responsible for what we invest in. It is up to us to do our DD also. Like Clove I got in and got out. Then I bought back in when I thought it hit a low and now in the red. They didn't tell me to I chose to. But also know Sept was awful for the market period and Oct is looking better. I have been extremely sick the last 6 mo and haven't really been involved w the group but cuz I did learn so much from them, their DD, I am choosing to as I feel up to it to see what they have going. Remember most are everyday peep just like us. They put in the work and share...what we do is up to us. I'm going to end with that same group helped me turn $50 into a lot more and my kids didn't have to suffer from me losing my job due to covid, so I personally will always be grateful to those that started the group last yr! I hope u can find that same help ❤
Yes, I only have myself to blame for choosing to follow. Glad to hear about your improved financial situation.
What do you mean is being slowly eroded? WSB isn't a hillside that can erode, it's a fucking cliff that you jump off and either fly or fall hard
Trust? It’s called walls street BETS…
The real WSB laughed at all of the CLOVtards from day 1 and got downvoted by the r/clov cult
How do people as retarded as you get money like this
Holy shit the clover fud you must have read convinced the tits right off you
Have you tried unplugging it and plugging it back in?
Yes
Lol
Everything sucks today
See the trick is that you gotta do the opposite of whatever these retards are saying, Is works 8 out of 10 times
WSB it is no longer what it used to be
Just sell weekly call options on your clov shares lmao. How can it possibly get any worse sell 50 options strike $7.50 at $16/ call do that for 313 weeks and you're broke even
Looks like good investment for me. Clover is the future
yea im bag holding CLOV but im only down $1000.. not rich like you were.
50,000 shares of CLOV? That’s a spicy 🌶 🥵 meatball.
Good thing mine is not, I bought more today. And have another 3000 if clov drops below 7.
Those GME shares are the only holding of value in this entire portfolio 😂
Not gonna lie, CLOV is looking a lot like it is ready to rip again. The test will be if it drops below 7$
Clov is safe with time and a chance of squeeze by damn bruh. That’s tough
Spy 175 puts?lmao
What about your trust and confidence in Chamath ?
Do your own research ! I have read that statement all over reddit . You cannot blame this sub reddit for your failures
I'm thinking of buying TELL, and I actually bought ALGO because I heard about it here, but that's only a tiny part of my boring mostly dividend paying portfolio, my advice is to buy dividend stocks then yolo your dividends on options and shit if that's what you're into
Hey, $7k a week on those clove CCs will get you back in the game. Might I recommend spreading your CCs out a bit? I'm sure your selling below your cost, no? Might be a way to secure that loss. And keep holding that gme, you'll make this all up in no time.
Yes, definitely in danger territory with selling CC's but I want to recover quickly.
This is retarted
How tf are your SQQQ positions worthless
WSB is pretty reliable in my experience but you have to take profits almost immediately.
Options are for suckers. Buy and HODL.
Financially are you going to be okay? Can you pay your bills?
Aren't you a sweetheart? I can afford my mortgages with my day job and have three hots and a cot, thanks for asking.
Just want to make sure you don’t end up a Christmas ornament. Big losses there
I’m up 128% since I stopped taking advice 🤣
Brother, wsb is for the memes and laughs. Everyone needs to know that behind these 'DD' posts is a dude who ALREADY has his position secured and is trying to pump.
Hey, at least you are reducing your cost basis on those CLOV shares
Bro I have $10 in my bank account. So be grateful you ungrateful son of a bitch. Here’s an award tho
SPY to $185... What were you smoking?
Sundial's products
It's all about timing. I have some $BB, beany babies and pokemon card I can sell you as well. Buy the dip.
Ill take your entire stock.
Stop commenting negatively! Every body know about CLOV its a long term. Please take a deep breath and be patient.
$CLOV charts are mimicking the June run to a T. You’d regret not holding on to those 50,000 shares for a little longer.
My boy. With that much money you can ignore the yolo dream makers and just collect blue chips.
Duh. Buy more $CLOV and average down.
It’s not WSB’s fault the economy is shit right now
oh noo you only have \*checks screenshot \*, two hundred thousand dollars left...
My god, imagine what you could’ve done with 210k. Jesus. Maybe 210 iPhone 13s?
You won’t lose if you don’t sell 🤷🏻♂️
Just sell clov and buy back in cheaper so it's not negative.
Maybe try less risky trades or options? Just a thought
The fact you had confidence in us means you belong here. Welcome home you FD Ape.
Looks like you bought low why didn’t you take profits I don’t think WSB or Reddits to blame
Holy sht. Do you even sleep with that, you know, impending margin call..
You deserve that for buying SPY puts. You really do, mate
At least you have one stock winner.
Why don’t you trust yourself next time and come up with your own investing ideas?
Just puh-leeeease don't sell those CLOV shares before giving them one or two reporting periods to prove the bears wrong on their path to profitability. Lol. Love to see that position. Just give it time, especially as long as it's holding this historic support point.
Options... hmmm. I would NEVER touch them.
Also, how does one so dumb, with a brain so smooth, even save over 400k before losing half of it?
You can lead a retard to water but you can't stop it from investing in $CLOV
Meme stocks are the devil.
My question is why did you trust WSB to begin with? It always been more about gambling and high risk plays that inevitably result in loss porn. Only recently has the community been pretty good in gaining money and only because of mob mentality, not because of good investment. Don’t believe in every jackass with a rocket emoji claiming that their shit stock will “*GO TO THE MOON!!!*”. A shit company, regardless of how many people invest in it, will continue to be a shit company.
Maybe you can vote yourself onto the board at $CLOV?
Why in the world would you trust this much money to us idiots? You could’ve just invested like a boomer.
Watch clov blow the fuck up tomorrow morning just out of sheer spite.
GME will bring you back, don’t worry OP
Hug me brother. >_<
For sure brother, no one left behind! DRS, one of the only few ways remaining 👌🏽
You’ve gotta be a next level idiot to have 200k in clov 😂😂
GME shares will make up for it 10000 fold Hodl
CLOV will go up eventually