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Redditors gave Wall Street traders an absolute pasting


monkeytassle said:
It's not loaded. It's a genuine question. Is there anyone in this debacle that gets your sympathy? And yes I do feel sorry for someone. Just not going to say who until you do.
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It is the very definition of a loaded question. Answer it and I'll show you why

Not going to say who until you do... haway :lol:
 
ReidysLeftLug said:
Who do you feel sorry for MT?
It's a loaded question and the answer is a lot more complex than "I feel sorry for a, b, or c."
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Well you said you hoped robinhood get fucked and you didn't feel sorry for them. It's not a loaded question at all. I'm trying to figure out of there is anyone you feel sorry for. And subsequently why.
 
monkeytassle said:
Well you said you hoped robinhood get fucked and you didn't feel sorry for them. It's not a loaded question at all. I'm trying to figure out of there is anyone you feel sorry for. And subsequently why.
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Then there you go, I obviously hold no sympathy for Robinhood...

Who is it you feel sorry for in this whole episode? You've piqued my interest now
 
Mackem00 said:
Me too. My general rule is once I get to hear about it you can be pretty sure it's far too late to be joining in. :lol:
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Like I said right at the beginning of the thread, its all good sticking it to the man (in this instance it's pretty vague who 'the man' is, or how they've had it stuck to them) but wait until everyone wants to sell and see what happens.

Intriguing to see, but a shame for all of the people who lost money in this.
 
Titus said:
Like I said right at the beginning of the thread, its all good sticking it to the man (in this instance it's pretty vague who 'the man' is, or how they've had it stuck to them) but wait until everyone wants to sell and see what happens.

Intriguing to see, but a shame for all of the people who lost money in this.
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I get what you're saying but for those sticking it to the man, were they bothered about their losses? Probably not. For those who were buying a lottery ticket, do you feel sorry every time someone loses on the lottery? As for retail investors, not sure how true it is but something like 95% of retail investors lose 95% of funds. Companies like Robinhood contribute to the losses of retail investors through dodgy practises like selling order flow.

It's no different to the people who see BTC reaching for the moon and buy in near the top imo. It's part and parcel of a free market?
 
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ReidysLeftLug said:
I get what you're saying but for those sticking it to the man, were they bothered about their losses? Probably not. For those who were buying a lottery ticket, do you feel sorry every time someone loses on the lottery? As for retail investors, not sure how true it is but something like 95% of retail investors lose 95% of funds. Companies like Robinhood contribute to the losses of retail investors through dodgy practises like selling order flow.

It's no different to the people who see BTC reaching for the moon and buy in near the top imo. It's part and parcel of a free market?
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That's my point, they would have been the minority. Plenty of these sorts were posting how they took "just a little bit of profit" on WSB. Not begrudging them, but the amount of people involved in this who didn't care what they lost is massively outnumbered by the opposite.

It's absolutely their money to lose, I'm not saying they shouldn't have been able to. It's just a shame they were sucked in.
 
Titus said:
That's my point, they would have been the minority. Plenty of these sorts were posting how they took "just a little bit of profit" on WSB. Not begrudging them, but the amount of people involved in this who didn't care what they lost is massively outnumbered by the opposite.

It's absolutely their money to lose, I'm not saying they shouldn't have been able to. It's just a shame they were sucked in.
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What was the split between people who were happy to lose money and people who took a little bit of profit?

As a % will do
 
Titus said:
That's my point, they would have been the minority. Plenty of these sorts were posting how they took "just a little bit of profit" on WSB. Not begrudging them, but the amount of people involved in this who didn't care what they lost is massively outnumbered by the opposite.
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The Albanian said:
What was the split between people who were happy to lose money and people who took a little bit of profit?
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Interested to see the figures for myself as well, seems far too complex to put any definite spin on it...
 
The Albanian said:
What was the split between people who were happy to lose money and people who took a little bit of profit?
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Not sure mate, all I'm saying is that this idea that is was pumped and dumped to stick it to the man and the people responsible didn't care if they lost is amusing, considering the trail of casual investors who got burnt.
 
Titus said:
Not sure mate, all I'm saying is that this idea that is was pumped and dumped to stick it to the man and the people responsible didn't care if they lost is amusing, considering the trail of casual investors who got burnt.
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Ok. But your last post said “ the amount of people involved in this who didn't care what they lost is massively outnumbered by the opposite”

How did you come to that conclusion if you don’t know the numbers? Was it a guess or based on something else?
 
Titus said:
Not sure mate, all I'm saying is that this idea that is was pumped and dumped to stick it to the man and the people responsible didn't care if they lost is amusing, considering the trail of casual investors who got burnt.
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That's not entirely true though, it was heavily shorted which resulted in the squeeze...

Casual investors are burnt daily...
 
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The Albanian said:
Ok. But your last post said “ the amount of people involved in this who didn't care what they lost is massively outnumbered by the opposite”

How did you come to that conclusion if you don’t know the numbers? Was it a guess?
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It became main stream and people started hoying money in, hence it reaching such high prices. Find it extremely hard it was done for anything other than personal gain.
ReidysLeftLug said:
That's not entirely true though, it was heavily shorted which resulted in the squeeze...
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I know.
Mackem00 said:
Me too. My general rule is once I get to hear about it you can be pretty sure it's far too late to be joining in. :lol:
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Yep. Everyone was just talking about it because they werent trying to make profit and stick it to the man though (whoever that is...)
 
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