Honestly, I have XXX shares and could make a million at anything over 1,600 a share. I was planning on dumping earlier than most but a post on here changed my mind. It said something along the lines of “apes with less shares need the money the most”. It hits home and and it’s too true. Will be selling on the way down
Edit: Thanks for the awards! Also sorry I can’t reply to everyone there’s way too many comments and I’m at work.
I am feeling very confident that all of these massive shortages (lumber, housing, labor, chips, cars, etc) is a sign of increased inflation in the next 1-3 years (thanks, Planet Money). I hope I'm wrong, I but it made me nervous because I do have quite a bit of cash on hand (10k+) that I'm holding to find an investment opportunity. Here's what I found with a bit of research:
Is anyone else here feeling this way? How are you positioning yourself if inflation does rear it's head?
Is this not a little crazy?
Current MOONS price - $0.095 (cmc)
Current price per upvote to buy online - $0.06 or lower
0.88 MOONS per upvote this round - 0.88*0.095 - $0.083 per upvote gained.
You can make a clear profit of $0.02 per upvote simply by buying them online. I
s this a new form of arbitrage? Paying other people to 'mine' MOONS for you?
Image the madness if MOONS, well, mooned.
They are bringing the ban to an end now, but with much tougher laws in place including prison time, $100% fines of the order amount and up to 500% fines of unfair profits made due to naked short selling.
They are allowing short selling to resume on May 3rd. The Korean Capital Markets Act has been revised to specifically come down hard on naked short sellers.
United States regulators are watching this sub right now. They are looking for the information that we are handing them on a silver platter. We are making their job easier by doing the research and coming up with ideas. This intense regulator attention to this sub will lesson over time. Now is the time to shine a bright light on issues, provide evidence, and suggest solutions. Another thing that can be done is to shine a light on all of the other countries that are doing a fantastic job regulating short sellers and show the US regulators these shining examples. The time is now and each and every one of you apes, ants, and other creatures of the jungle can find valid information through a google search.
Good ideas, articles, DD, and quality memes get upvoted to the point of gathering worldwide attention.
I suggest more apes take interest in DD of how other countries are successfully battling short sellers and bring more of those stories into the light for everyone to see and to consider.
Dr. T said that apes are making a difference because regulators are passing rules on issues that we have brought to the attention of our community. Lets keep that rolling.
Korea halted short selling altogether during the pandemic. What do you think short sellers did to the United States markets during the pandemic? What do you think the markets would currently look like if short selling had been banned this whole time?
Do we need to suggest some regulations to US regulators to help protect businesses in the future against crises? Short sellers pounded on American businesses at their weakest moments during the harshest economi... keep reading on reddit ➡
There is an unfortunate abundance of hate and jealousy from people presumably "missing out" on significant price increases and frankly I don't understand that mentality.
We should be congratulating our Brothers and Sisters in crypto and not criticising their choice of coin.
Crypto isn't a race to become rich, it's a much longer journey with plenty of ups and downs and ultimately, we're all in it together!
So lets just congratulate others on their recent successes and if you believe in your portfolio then your time will come too.
Edit: Was it something I said?
This message is mostly aimed at the new blood in here: Seriously, no dates, no expectations, nothing. Clear your mind.
To anyone saying "nah i'm jacked to the tits": me too ape, but we need to not get ahead of ourselves. Trust the process. The instructions are simple. Hold
The MOASS is inevitable.
-socrates ( ͡° ͜ʖ ͡°)
edit in regards to rensoles post: Apes don't fight apes. But seriously, no one has a clue what the price will be. Nothing like this has ever happened in the history of finance. NO ONE KNOWS. You could say your floor is 100K and another person could say 10Million but none of that even matters. No one has any idea what will happen. If you are shaken up by someone else's price expectations then you clearly aren't confident in your own.
Less than Sony and Nintendo but still a hugely profitable business.
Front Page Edit: Thanks everyone for getting this to the front page. To all my lost GME HODL apes on r/wallstreetbets who are reading this on the front page, if you want good GME DD and info, you won't find it there. That sub has been compromised since late Jan early Feb. The mods let in some GME fluff and non important posts through, but they delete genuine important info that will help you with the squeeze. This type of important content is only found here on r/GME. That's why this DD for example is posted here and not on r/wallstreetbets. So if you're relying on r/wallstreetbets for good DD, please, join r/GME instead. Education and knowledge is power.
Preface: Please upvote this to combat shill bots. This NEEDS to be made known to all diamond hand apes, but it's not financial advice.
So you've been combating FUD, HODLing, reading DD, and buying the dip cuz you like the stock. Congratz, you have been doing well on the front lines and you've been surviving. But this is actually just the easy part. The hardest part is actually knowing when to sell and actually turning those shares into tendies, because obviously it doesn't matter how much we hold if we mess up during the squeeze and fail to capture most of the value of the shares. And that's why we're going to add a wrinkle on your ape brain today and discuss about your EXIT STRATEGY.
This really pains me that a bunch of apes have been asking what an EXIT STRATEGY is, as this is something ALL apes should know. An EXIT STRATEGY is your plan for how and when to sell your shares. This is arguably the most important part of trading, as this directly affects how much money you're getting. Obviously we're not going to rely on just emotions, or luck, or just YOLO / 360noscoping the sell button arbitrarily during the squeeze, but we're gonna use our wrinkles to get a better educated guess as to when we're going to sell our shares. Not knowing how to sell our shares well will not only give you as an individual less profit, but also might hinder the squeeze and rob the rocket of rocket fuel, meaning the squeeze won't be as high as it could have been, and meaning ALL APES will have less profit. So read, learn, grow a wrinkle or two, and don't fuck it up for the rest of us!
There is already two EXCELLENT DD's... keep reading on reddit ➡
I was replaying the Uncharted series recently (Uncharted 1 -> 4 and Lost Legacy) and it honestly stood out to me how beautifully crafted this franchise was and how much effort was placed into building the series. I noted a few points I believe other game developers should take note off when crafting a franchise.
1- Story and characters: The first 4 games (and to some extent Lost Legacy) focus on the same protagonists throughout and build up their stories with each subsequent release. The games are consistent with the protagonists' characterization. We grow attached to these characters and fall in love with them as we see them progress over the course of 4 games. By the time the epilogue of the fourth game came around, it felt like we've come full circle with the characters' arcs. It felt fulfilling and nostalgic. The story focused on the same characters throughout the 5 games which strengthened our emotional connection with them. This is unlike franchises that release games with a variety of different protagonists that feel unrelated to one another, simply for the sake of profit. The franchise loses its emotional impact since its difficult to care for characters you just met and said good bye to over the course of a single game.
2- Respects its players: It's clear that the Uncharted games have a lot of effort, heart and passion put into them. Unlike many franchises out there, Assassin's Creed comes to mind, Uncharted took time between subsequent releases (2 years each between the first 3 games and 4.5 years between the 3rd and the 4th) instead of rushing to get out as many games as possible as a cash cow to use the franchise name to make as much profit as possible off of the player. The story and franchise weren't milked for the sake of profit. It knew when to conclude the story of Nathan and did it beautifully instead of ruining his arc and that of the supporting characters by focusing on quantity (profit/ number of games) instead of quality (of the franchise). The series has a ton of replay value as a result of its craft with plenty of incentive for players to visit the games time and time again.
3- Improves with each subsequent release: Each subsequent release of the Uncharted games (considering Lost Legacy as an extension of 4) improves upon its predecessor. They noted what was missing in the previous releases and improved upon it. Now some people prefer 2 to 3, but one can't deny that they are still both on the same tier and that Un... keep reading on reddit ➡
Choose between millions and thousands. I would rather lose more than $700k profit than checkout now and lose my online one lifetime opportunity. Who is with me? To the fucking moon❤️❤️❤️ 🌕🚀🚀🚀🌕🌕🌕🚀🚀🚀🚀🌕🌕🌕
Google shifted more than $75.4 billion (€63 billion) in profits out of the Republic using the controversial “double-Irish” tax arrangement in 2019, the last year in which it used the loophole.
The technology giant availed of the tax arrangement to move the money out of Google Ireland Holdings Unlimited Company via interim dividends and other payments. This company was incorporated in Ireland but tax domiciled in Bermuda at the time of the transfer.
The move allowed Google Ireland Holdings to escape corporation tax both in the Republic and in the United States where its ultimate parent, Alphabet, is headquartered. The holding company reported a $13 billion pretax profit for 2019, which was effectively tax-free, the accounts show.
A year earlier, Google Ireland Holdings paid out dividends of €23 billion, having recorded turnover of $25.7 billion.
Google has used the double Irish loophole to funnel billions in global profits through Ireland and on to Bermuda, effectively put them beyond the reach of US tax authorities.
Companies exploiting the double Irish put their intellectual property into an Irish-registered company that is controlled from a tax haven such as Bermuda. Ireland considers the company to be tax-resident in Bermuda, while the US considers it to be tax-resident here. The result is that when royalty payments are sent to the company, they go untaxed – unless or until the money is eventually sent home to the US parent.
The “double Irish” was abolished in 2015 for new companies establishing operations in the Republic. However, controversially, it allowed those already using it until the end of 2020 to phase it out.
Google overhauled its global tax structure and consolidated its intellectual property holdings back to the United States in early 2020, meaning 2019 was the final year in which it availed of the arrangement.
Up to late 2019, Google Ireland Holdings Unlimited Company w... keep reading on reddit ➡
The Psychology of Selling, Scalping, the Fear of Missing Out, and Why You Shouldn't Get Too Attached to Prices
There have been a lot of posts about selling on here — People asking when they should sell, others telling users when not to sell...so, I thought it might be helpful for the new traders to hear some real-life examples of what it's like when a retail trader starts to make real money in the stock market. I also think it might be beneficial for the more experienced traders to learn other strategies and hear different thought processes.
Why You Should Trust People Will Hold Until the Ceiling
Take it from me, guys, as someone who has profited over $50k+ dozens of times on a single stock, only to hold and watch my profits dwindle down as the price fell back to my average...I assure you, selling too early is not something we need to worry about.
Selling is the hardest part of trading. When you start seeing gains snowball, $1k, $2k, $4k, $8k..., it's going to be difficult to decide to sell. You're always going to hope your gains keep doubling, because greed is stronger than fear and regret.
Here's an example:
Last December, I was holding a stock that made a pretty decent profit in a short amount of time. I decided to make the "smart choice" for once and sell off half of my shares, worth about $20k. The next day I wasn't really paying attention to the market because I was getting ready for an event. Around 8:45pm I realized the market closed and I hadn't checked my portfolio all day. When I logged into my account, I saw the that stock I sold off the day before was up another 120%. I dropped my phone and facepalmed, hard. It was no exaggeration or overreaction. It ruined my night. Losing potential profit for some reason can feel worse than losing real capital. It's a strange phenomenon
Don't get me wrong, playing it safe and profit-taking is not a bad thing. I just want people to realize it can be extremely frustrating when you miss out on huge gains.
Alternatively, a year prior, the opposite situation occurred on a much larger scale. I was up about $150k+ on a single stock in less than a month and was expecting great PR to come out. It eventually did, but the month-long run turned out to be a sell the news, pump &amp;amp;amp; dump. Almost immediately after the press release came out, it dropped about 55%. My phone died on the way to work and by the time I got to my computer, I had lost about $76k (profit) in the span of abo... keep reading on reddit ➡
Sold when stock hit about $25 this morning.
$130k profit in 4 days.
Made enough to pay off rest of my house and put aside tax money. Will do so next week when everything clears. Can quit my second job with no mortgage payment anymore.
I now have 0 debt. Peace of Mind is the greatest ROI on earth.
My wife wanted to move on from her perfectly good 2008 4Runner, said the first 132000 miles were the best.
We go shopping for what she wants to get now (don't ask...) and get a dealer's trade quote. I am reminded why I have only ever traded in one car in my life. (I've been around for a while, not that we flip cars.)
The dealer trade calculation comes up with about $10,000, despite the vehicle having several very desirable options. I figure that's below retail value by several thousand, and the dealer confirms it. Why wouldn't it be? They want to make money selling it.
I tell my spouse that I can do better than that, and she humors me. We own the vehicle outright. It is in excellent condition with no accidents, no mechanical issues and clean inside and out, when she is not using it to move big bales of hay and so forth. Toyotas in general and 4Runners in particular have a very good reputation for reliability and hold value well, so it should sell readily.
We take pictures, and I put ads on autotrader.com and also craigslist. Autotrader is a big volume site, and craigslist is a necessary evil, perhaps. The listing costs $49 for Autotrader and $5 for craigslist. I price it at $13,000ish, which is at the high end of what the resale calculations claim is retail price, above even private party value. Then we wait. Always stressful, since we depend on what strangers do.
Not to worry. I get multiple inquiries / day. A few are just silly. "I'll give $8000 in cash!" (I bet you would.) Some are earnest. "Have you changed the timing belt, and can you send pictures of the undercarriage?" All good. One guy is willing to fly up from Florida. It turns out that there are only a few of this model on the market in the country, and the ones under 150K miles are offered by dealers for thousands more than I am asking.
I ultimately get someone local who comes to look at the vehicle with bank check in hand; he's a nice guy, everything checks out, he takes the car for a test drive, we call his bank to confirm he didn't just forge some bank check, and everybody is happy. He gets the car and the title, we get a bank check for the asking price four days after listing the vehicle.
The personal finance lesson is not so much that you could expect this exact experience, since I've often had to wait longer, deal with more buyers, or take a discount to sell a different type of vehicle. It's also not that I am some amazing car salesman,... keep reading on reddit ➡