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Smithersβ Wall Street Bets Tavern
Posted: Mon Jan 25, 2021 8:04 am
by dualstow
From the Meme Thread
ha, theyβre talking about it now on CNBC. Iβve never heard Wall Street Bets mentioned before.
Re: Smithersβ Wall Street Bets Tavern
Posted: Mon Jan 25, 2021 11:37 am
by Smith1776
Re: Smithersβ Wall Street Bets Tavern
Posted: Mon Jan 25, 2021 11:46 am
by Smith1776
Re: Smithersβ Wall Street Bets Tavern
Posted: Mon Jan 25, 2021 3:13 pm
by I Shrugged
That's great.
I can't recall if I mentioned that I know a millennial person who is doing this. And I don't know what to say to him. I guess, nothing. But I will feel pretty bad if he loses his life savings this way.
Re: Smithersβ Wall Street Bets Tavern
Posted: Wed Jan 27, 2021 9:38 am
by dualstow
Itβs funny to hear fox biz news quoting Elon saying βGamestonk.β
Re: Smithersβ Wall Street Bets Tavern
Posted: Wed Jan 27, 2021 5:08 pm
by Kriegsspiel
I fucking hate the reddit format, but WSB is some entertaining stuff.
Re: Smithersβ Wall Street Bets Tavern
Posted: Thu Jan 28, 2021 10:00 am
by GT
dualstow wrote: βMon Jan 25, 2021 8:04 am
From the Meme Thread
ha, theyβre talking about it now on CNBC. Iβve never heard Wall Street Bets mentioned before.
What if anything can GameStop do with this new found capital - Develop a streaming service - buy out of brick and mortar leases? What happens to GameStop when the bubble pops
Re: Smithersβ Wall Street Bets Tavern
Posted: Thu Jan 28, 2021 2:54 pm
by dualstow
GT wrote: βThu Jan 28, 2021 10:00 am
What if anything can GameStop do with this new found capital - Develop a streaming service - buy out of brick and mortar leases? What happens to GameStop when the bubble pops
There's a really good write-up on this by Matt Levine at Bloomberg. I don't have a link as I get his "Money Stuff" column in my email. So interesting.
This GameStop hoopla: Now of course it's on every channel and site, but I first heard about it from Smithers. So funny.

Re: Smithersβ Wall Street Bets Tavern
Posted: Thu Jan 28, 2021 3:13 pm
by pp4me
I Shrugged wrote: βMon Jan 25, 2021 3:13 pm
That's great.
I can't recall if I mentioned that I know a millennial person who is doing this. And I don't know what to say to him. I guess, nothing. But I will feel pretty bad if he loses his life savings this way.
Not just millenials. I've been hearing lots of talk from my 40+ year old kids about how they are looking into making money in the stock market. My ex-son-in-law and father of 2 of my grandkids seems to be the main influence but I suspect there are others. He's a convicted felon (grand theft), BTW.
I have no clue what it is they are really thinking but I'm guessing it has something to do with this or at least something like it. I saw Dave Portnoy of Barstools talking about how much money he was making in stocks and how easy it was on Foxnews while he was shut down because of Covid.
When my oldest daughter talked to me about it I referred her to Harry's 12 rules and haven't been asked for any advice since. I guess she didn't like that first rule about your career being the most important part of building a portfolio.
Thinking this won't end well for a lot of people but who knows?
Re: Smithersβ Wall Street Bets Tavern
Posted: Fri Jan 29, 2021 7:11 am
by dualstow
I didnβt know doodle had started a separate thread on GME. No wonder this thread isnβt getting much traffic.
Well, here it is -
viewtopic.php?f=9&t=11835
Re: Smithersβ Wall Street Bets Tavern
Posted: Tue Feb 09, 2021 8:14 am
by dualstow
I know Musk & Cuban are bright guys, but I wish they would take a break from public statements. I feel like theyβre ushering in an age of vapid celebs and sports starts tweeting about whatever crap investment they want to go up.
Re: Smithersβ Wall Street Bets Tavern
Posted: Tue Feb 09, 2021 6:41 pm
by Kriegsspiel
Well, a ton of people are interested in what Musk and Cuban have to say. Save your wishes bro! There are a lot of Ja'Rules to go around

Re: Smithersβ Wall Street Bets Tavern
Posted: Tue Feb 09, 2021 10:32 pm
by dualstow
Kriegsspiel wrote: βTue Feb 09, 2021 6:41 pm
Well, a ton of people are interested in what Musk and Cuban have to say. Save your wishes bro! There are a lot of Ja'Rules to go around
If what they have to say is βdogecoin, whoo-hoo!β, I have to stand by my wish.
