all 11 comments

[–]DisastrousDepth14Race comes first[S] 6 insightful - 2 fun6 insightful - 1 fun7 insightful - 2 fun -  (3 children)

Also, fuck Fox News. Not a single mainstream media outlet is on our side.

[–]Republican58America First! 1 insightful - 5 fun1 insightful - 4 fun2 insightful - 5 fun -  (2 children)

Why? Yeah fuck them for their handling of the election steal but they're based most of the time.

[–]send_nasty_stuffNational Socialist 5 insightful - 1 fun5 insightful - 0 fun6 insightful - 1 fun -  (0 children)

Fuck them for lying to me about the election!

They're based!

If they lied to you about the election they will lie to you about other things. Fox news is not based.

[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

Misunderstanding “based”.

[–]EthnocratArcheofuturist 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

"presstitutes"

Lol!

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (4 children)

The "meme stock" situation has opened a lot of eyes, nobody talks about GME, and there's constant FUD written about AMC, as well as a number of media promoted pump and dumps of various other stocks.

[–][deleted]  (3 children)

[deleted]

    [–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (2 children)

    AMC and GME are objectively bad companies

    I agree with you there, think most people do. The hope is with the infusions of capital they've both received they can turn over a new page.

    what did you expect the media to say

    They seem vested in getting people away from AMC though, suggesting other stocks, claiming WSB is talking about companies they aren't, and telling everyone it's just about to crash, and for months now. And that doesn't explain why nobody seems to want to mention GME. It's unusual.

    short squeeze in January

    I'm not sure they've covered their positions yet, the hedge funds involved have been losing significant money and it didn't stop in January. White Square capital just shut down some 11 days ago.

    The only people winning now are a few retail investors

    Millions of retail investors, but yeah, some people are underwater rn, those who bought gme at $400 might be boned if they're wrong about MOAS. Can't really be down all that much on Amc and you'd still be up at $50.

    u/Enza knows more about this than me.

    [–][deleted]  (1 child)

    [deleted]

      [–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

      I still see wallstreet shilling silver and gold on Reddit and other social media, which are pretty much the worst investments one can make

      They're hedges against hyperinflation and I've done well with silver I bought years ago. I don't don't really follow it day to day so I can't really speak to how it is now, but I am really happy with a $28 spot silver price. That's a decent return for me. I am not sure it's a good investment now, honestly my eyes are on other things and I'm just an amateur at this. I don't mean to come off as some expert. The time to buy is not when they're hyping it, you gotta get in before.

      I am just trying to give you some advice, don't run with the crowd on this mass hysteria

      People waste more money on lottery tickets. I admit I think this is a longshot but it's better odds than that.

      mass hysteria

      Maybe, but the media trying to shake retail investors off of these stocks makes me wonder why. I know what you said earlier but surely you don't think it's altruism.

      I make my living investing

      I understand how this isn't your thing, small investments. A lot of us have a small amount of money and we're willing to gamble it on high risk investments because it's the only way we could ever turn a little bit of money into a lot of money. 8% returns don't do anything significant for us, let alone modern banks who are now charging fees for the privilege of savings accounts (Chase) instead of paying interest.

      [–]Richard_Parker 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

      Presstitutes--about as clever as Diamond and Silk calling the Democrats "DemocRATS," and you would not want to vote for a "rat," would you...For the love of Christ....

      [–]ShalomEveryone✡️ 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

      Diamond & Silk, lol, after those Jemimas were fired from Fox Nation because they were spreading misinformation about COVID19. They were crying racism because they were fired for saying what white hosts like Hannity said but he was not suspended by Fox News.

      [–]DisastrousDepth14Race comes first[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

      That's not the main point of the post.