/biz/ - Business & Finance

>>26730198
fucking based, better than any nigger here could do

>>26730198
/r/WSB infiltrated the financial elite. They actually did it.
Congratulate them, /biz/. It's what you've always dreamed of.

>>26730198
who's gonna play him in the inevitable biopic?

based

>>26731092
>Doesnt know there are anons with 100's of millions

He has some massive balls.

He stole $50 million from some very angry powerful people. He needs to look over his shoulders from now on

>>26731092
Also Musk posting on WSB and 4chan, literally the wealthiest man on earth(officially) is a fucking anon

>>26730198
> /biz/ when they find out this dude is some white NEET
kek

>>26731238
2 hours of a guy sitting in his chair doing nothing but furiously masturbating over the news of hedge funds going bankrupt

>>26731404
>He stole $50 million from some very angry powerful people. He needs to look over his shoulders from now on

We know how he looks like. He's already on youtube

>>26731332
You're coping.

>>26731092
We lost

>>26731505
nvm nose check. LOL

>>26731475
Musk said pump AMC on the wsb discord
So you better have AMC and GME

>>26731506
would watch, even if a jew made it prob (no homo)

>>26731569
Nah, there's atleast one finn with 50mil in eth only and he is an anon

>>26731404
>stole
Lol get fucked retard. Dude called their bluff and they gotta pay up. He's not the only one who made this kind of cash from it either.

>>26731404
>Shorts
>Steal
It's not their money to begin with juden

>>26731404
The absolute state of jews.

>>26730198
Based roaringkitty

>>26730198
i hate redditors but i can't deny that he had the balls to act, and it paid off

>>26731725
Those other people are mostly anonyms, He publicly promoted this, he is instrumental in them loosing $2 Billion dollars. Entire races have been genocided for less.

holy fuckin hell

>>26730198
people who got their $1200 stimulus last april couldve done this

>>26731682
Yeah, nah. You're fucking coping. We lost lol.

i know he's gonna give me 1 mil r-right guys?

>>26732150
he gambled and won
no skill

>>26731629
probably just a wop

>>26731404
nice try juden

>>26731092
Not mad at all this is truly impressive and the way it was done by fucking over a kike hedging is the best part

>>26730198
this could be us but sergey be playing

>>26731564
Link?

>>26732150
Sure sure :^) "We"

>>26732304
>cope

>>26732358
go back

>>26731332
Cool, but that’s not you. Enjoy your shitty crypto.

NOKBROS, ah is holding nicely like i said

>>26732139
Nah, he dumped 150k in at the start.

balls of steel, incredible to see reddit's redemption arc

>>26731332
nah, the richest any anon has gotten is a few million from link

>>26731404
>>26732007
No one's afraid of you kikes lmao

>>26732567
50k

>>26732523
Checked and NOKPILLED

>>26732304
cope, who cares about skill when you have circa 50m?

He sold 300 shares? How much money was that?

>>26732684
bcos he didn't win it with skill he'll end up losing it all

>>26732304
He didn't gamble you fucking moron.
He was trading Gamestop since late 2019, he knew exactly what the fuck he was doing - see here: https://www.reddit.com/r/wallstreetbets/comments/e8wqvs/gme_earnings_thread/fafnxyj/?context=3

Cope, faggot.

and he still hasn't sold even half his portfolio. bravo vince

>>26732654
And his house is rented, im happy for my man.

>>26732886
how did he know

>>26731332
feel free to post literally any proof

How old is he? 30? 25? I'm coping by the fact that I'm 21 with $400k, but if this guy is 22-23 I'm gonna throw up. Imagine having $50m at 22-23.

>>26732371
roaring kitty

>>26733107
he has a youtube channel called roaring kitten or cat or something where he's been talking about it for a year. i don't think even he was expecting it to get this crazy though

>>26733159
there's probably some gamestop elmployees who have been working there for 10 years with gamestop shares worth millions

>>26731092

we will have our own soros

>>26733107
Because he realized that the stock was shorted 140%. He bought at the literal bottom knowing that the short would have to cover their positions at some point.

>>26733398
gamestop employees probably don't know what stocks are.

>>26733304
my bad, only a couple of months, it seems. besides the short situation, he also saw value in GME with all the imminent next gen consoles. He's called roaring kitty on youtube

>>26733107
Stock was already heavily undervalued at 4 dollars a share when he started buying, huge brand name, big players like Ryan Cohen and Burry started to show interest in, more stocks of the company were being shorted than actually existed, Ryan Cohen started to buy more stocks showing a possible hostile take over in the future, Gamestop started saying they'll be focusing more on e-commerce, new console cycle, and the big catalyst- Ryan Cohen increased his shares and was assigned a board position along with 2 people he brought over from his old company.

>>26731238
>who's gonna play him in the inevitable biopic?

>>26732886
>>26732684
>>26732397
Stocks and crypto's are just like playing the roulette you turbo retards. Kys

>>26734033
Stock is more like poker.

>>26733233
No doubt he has a bigger cock than you for sure

>>26733159
Elon Musk is in this thread
Don't ask me how I know

;^)

When this trade is closed, this revolution is over.

>>26730198
Ngl that's pretty damn based

>>26731404
>stole $50 million
>trading is now stealing

>>26734033
Cope some more, fucking poorfag.

>>26730899
Not if he doesn't take profits while he still can. Either getting dumped on when the price tanks or SEC nullifies the shorted position due to price manipulation. Play by their rules, get fucked by your own greed.

>>26731092
Retarded newfag. Go back.

>>26732766
he doesnt need to do anything anymore retard. he could retire and put it all in dividends. fuck off

>>26730198
https://www.youtube.com/watch?v=LyYBrywHmvg

this is king rn, godspeed

>>26730198
We lost to Reddit
Way to go biz

>>26733304
>>26733461
>>26733610
No, how did he know January 2021? One year in advance. It's obviously some kind of insider trading. Or he helped orchestrate the reddit psy op

>>26734466
>cope
Let's see your portfolio, little guy.

>>26731404
You mean the redditors buying GameStop for $300 ?

>>26734466
Stfu jealous nig
You sound just like any old normie when they see our crypto gains

>>26734684
N E W F A G
/biz/ doesn't care about the financial elite. They are irrelevant if they aren't in crypto. And guess what? They are trying to get into crypto now.

>>26733304

you're right shorts do have to be covered but under regular circumstances they would just be closed normally. The real genius behind this is he forever changed the viability of holding short positions. In fact, we might even see a short ban in the near future.

>>26734656
Because that's when his calls expire you fucking retard

>>26734656
No. He just saw it coming.
Here's his youtube channel. https://www.youtube.com/c/RoaringKitty/videos

>>26734299
pic and timestamp faggot

looks like he already cashed out 13m, slowly dumping on redditards nice

>>26731092
50 million is not the financial elite anon, wake me up when he becomes up a billionaire

>>26733159
Look up Framework Ventures.

>>26734806
I shilled UNI when it dipped to under $5 two weeks ago. You're ngmi.

>>26732732
300 contracts. Like 13 million

>>26734848
>/biz/ doesn't care about the financial elite
You're telling me you've never posted in a yacht party thread? Really anon? Who is the newfag here?
>>26734968
>cope

>>26731475
All these stories of Musk pulling 17-23hr days on the regular. Now we know hes just been up all night shit posting on pol and biz

>>26734454
Timestamp me ur portfolio incel larper i'll wait

Is it possible to buy put options on melvin?

>>26734299
Checked. Hello Elon

>>26735209
Bruh I never claimed to have made it. This guy is set for life and you're sitting here seething because "he just got lucky >:(". Sit the fuck down.

>>26735097
Actual retard.

>>26730198
He made 16 mil on each trade and has a total of 47 mil. So unless I'm missing something, he was already a millionaire.

>>26735482
>actual coping
(You) lost

>>26730198
Brainlet here, so what happens if GME declares bankruptcy?

>>26734299
post that grimy snatch or gtfo

>>26735671
Everyone loses everything.

>>26735483
he started with 50k in the summer apparently

>>26735049
You're in almost every gme thread using the same wording "SEC nullifies their position" as if that even makes any sense or has a remote possibility of happening

>>26735671
Citadel needs to cover

>>26731332
literally who?
the biggest portfolios only ever have a few million.

>>26735671
Why would GME go bankrupt?

Do you mean the hedge fund shorting them - Melvin? They already are bankrupt

>>26736996
i guess i assumed approaching bankruptcy to be the reason to naked short GME in the first place

>>26737285
they should be fine at least in the short term, they have a profitability problem but their balance sheet was actually pretty strong, plus had hired a new CEO who has a track record of turning legacy businesses into e-commerce success stories

They can probably do a small equity raise at current prices now and be extremely strong ironically kek, all thanks to greedy hedge fund kikes

>>26730899
>fucking based, better than any nigger here could do
True, but I'm ok

>>26737710
fucking jealous of burgers - all the options brokers here in bongland suck

>>26737802
>fucking jealous of burgers - all the options brokers here in bongland suck
My broker crashed on open and I missed a play, if it makes you feel any better. I had put in sales for all my AMC options cause I knew they would dip but they never went through. Not the end of the world but crazy to think a thing like that cost me $100k - a years salary. better not think about it anymore lol

>>26736996
>Melvin? They already are bankrupt
A good start

>>26737802
You can open a SaxoBank account, or TastyWorks account and transfer USD.

>>26730198
HOW IS HE STILL HODLING?

>>26740282
Some people have balls.

Bravo credit is due where le credit is due

>>26730198
shiet, nigga

>>26730198
the dude won the lotto basically. nobody would have known gamestop would rise this high last year.

>>26740282
hes not a faggot like 90% of biz

>>26740282
Because this is going to 1000 you fucking retard.

Everyone told you this a million times already.
People who sell now are fucking stupid.

>>26730198
Have you guys never heard of Inspect element?

>>26730198
REBUY AND HOLD IF YOU DARE

>mfw Retard6969 becomes richest man on earth besides Rockefeller and Co

>it's going to 1000
>I'm considering buying at 350

I don't believe this but I'm actually going to take financial advice from /biz/

>>26738294
it blows my mind boomer stonks are still trucking along with this primitive technology. feels like the middle ages
meanwhile we're so used to decentralized exchanges being up 24/7 that can't go down ever, with the only issue being sometimes you have to raise your gas fee accordingly to get a trade confirmed within the minute, that even crypto feels like standard to the point of not being innovative anymore
but no. most "investors" truly live in the past, banging rocks against each other hoping for a spark. all because kikes profit from these primitive systems
decentralization is truly inevitable. whether it manifests in the current crop of crypto booming or not, it has to happen. normies simply aren't responsible enough to be trusted with something as serious as finance

>>26730198
what broker is he using? good on him taking some to cash. he's set for life.

>>26740282
he's taken out like 13 mil already tho

>>26740169
How do you get your bank to transfer USD to tastyworks? I have a tastyworks account but not used it yet

I have Nationwide, Monzo, revolut and starling - do any of these let you do USD transfers? Which bank do you use anon

Good for NOK

>>26740169
IN fact ignore this anon - Ive just demoed the saxobank platform - looks like exactly what I was looking for - way easier to use thahn tastyworks and based in the UK too so shouldn't have any dropblems depositing and withdrawing

thanks for the recommendation