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StuffPoints

StuffPoints is one of the easiest and fun places on the web to make money.
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Swagbucks Review

Swagbucks: The Web's Premier Destination for Free Rewards. Watch videos, search the web, complete surveys and shop to earn SB to redeem for rewards. Visit the community over at Swagbucks or join the Swagbucks Discord. Links stickied.
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Find your Gifthulk Fountain of Youth Pals here

Tired of throwing your FOY codes away on subreddits where they get gobbled up by bots and you get nothing in return? This is the place for you. /GifthulkPals differs greatly from the other Fountain of Youth subreddits around as this is only a location to find a Gifthulk Pal. Once you find a Pal, codes will be sent between the two of you via pm and never posted on GifthulkPals.
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During this time of crisis what can a teenager like me do to actually start a business? I was thinking of learning and making an app putting it on google play for free and earn money from ads however you need to pay 25 usd to make an account to sell apps and I don't have any payment cards, any ideas

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submitted by NFSxge to Entrepreneur [link] [comments]

To Ape Gang: Why Sentiment Has Turned Against You

To Ape Gang: Why Sentiment Has Turned Against You
I want you to understand this. Truly.
I like GameStop. I like $GME. I believe in the long term plan (or what I/we think is the plan, anyway). I bought a Pro Membership and have put in orders through the app I downloaded. I think they'll kill 4Q earnings in March.
I THINK GAMESTOP IS A GOOD COMPANY. I think Cohen and his team bring something to the table that will truly turn around the company. I think CNBC and particularly Melissa Lee can go suck an egg with their dismissiveness of the bull case, which they barely even pretend to have considered. I think the stock was and has been manipulated as fuck.
My personal belief, which I require nobody else to share, is that Ryan Cohen and gang also still have more buying to do, and their buying alone will drive the price up. But my belief is that they have no interest in buying at this price, or they'd have done so. I believe they're waiting for the price to fall back toward the fair market value. And I believe they may force the issue by issuing more shares. That's what I believe, and why I'm not holding positions right now. I probably will in the future, but my personal opinion is the time is not right.
I wrote these posts:
https://www.reddit.com/wallstreetbets/comments/l6n4lj/on_leverage_supply_demand_how_we_got_here_gme/
https://www.reddit.com/wallstreetbets/comments/l6rsol/heres_the_letter_i_wrote_to_my_congressman/
(EDIT: lol I just realized both of those posts aren't visible since they were removed by the mods. They were pro-retail and pro-GME)
I want to see people make money on this. Better yet, I WOULD LIKE TO MAKE MONEY ON THIS.
Further, what Robinhood did, as well as Webull, Interactive Brokers, E*Trade, EToro, and tons of other brokerages did, was fucked up. Everybody here agrees.
But you guys are actually fucking insane. We dont have a problem with the stock. We have a problem with YOU.
Many of the people who have joined WSB in the past two weeks are brand new to investing. And that's okay! But the new people (7 million new versus 1.5 million old) have done the following:
  • Spent weeks downvoting every single ticker besides GME, AMC, BB, and NOK
    • Failed to realize there is no short squeeze on BB or NOK
    • Failed to realize the NOK spam was purely from bots
      • While you've realized there were bots that were bought, you missed (probably because you were spamming rocket emojis and gorillas) that the bots were spamming NOK.
    • Continually asked what stock WE are going to MANIPULATE next
  • Tried to educate the crowd on terminology you just googled ten minutes earlier.
    • I saw one person disagreeing with a long-time and well-respected poster here by telling other Apes to ignore that post, and to instead read a copied and pasted two paragraph blurb from investopedia that explained the effect of a stock split on a short position.
  • Made up securities laws and terminology that doesn't actually exist
    • Short ladders? Every time a price falls from a peak it's a short ladder? EVERY TIME?
    • You don't think that there's a natural reversion in the balance of supply & demand after a stock runs up thousands of percent in a matter of days?
  • With zero understanding of market mechanics, explaining to others why price action is fake
    • "Look how low volume is on this candle! It's not a real drop!"
    • the dip is fake
  • Called people who have been involved in this play since Summer 2020 "paperhand pussies" for taking profits when the price of the stock went up 1,500%
  • Turned WallStreetBets into a political activism forum
  • Denying Reality
    • S3 partners is not lying to you. They and Ortex are consistently the best sources of difficult-to-obtain information on short interest. Just because they're reporting that short % of float is reduced FROM THE HIGHEST LEVEL THAT ANY STOCK HAS EVER HAD does not mean that they're lying to you.
  • Spammed low-effort memes and easily-Googleable questions on the new submissions
    • When your posts were taken down, you posted AGAIN
  • Accused anybody with an opposing opinion of being a hedge fund shill/bot
  • AGGRESSIVELY spamming to find buyers to help you get out of your huge negative position
  • I want to gag every time I see somebody write "I'm not a financial advisor" following a post that makes that very clear
  • Moving the goalposts
    • "YOU ARE HERE on the VW short squeeze graph!"
    • "We finished above $325! Gamma squeeze!" (Personal confession, I almost fell for this one and I'm glad I sold before the plummet).
    • "Ok so there was no gamma squeeze Monday but Tuesday is the day!"
    • "Ok we fell another 50% Tuesday but definitely Wednesday!"
    • "Fuck it let's just harrass investor relations to help us!"
  • Accused the mods of being paid off by hedge funds for doing what they've always done, which is remove shit-tier posts from the front page
    • which you then posted again
      • and again
  • Completely ignored the rules of our subreddit
    • Market Manipulation --
    • No Pump & Dumps -- pressuring other people to buy low float stocks (such as GME) so that you can drive up buying demand and sell when you've decreased your losses is a scam.
    • Political Bullshit -- If you think "it's not about the money" then get the fuck out because it is absolutely about the money.
    • No Bullshitting -- There are so many of you advising others on their trades (followed by "This is not financial advice, am ape") while you have no idea what the fuck you're talking about aside from something you just read on Reddit 5 minutes ago, which was posted by somebody else who had no idea what the fuck they were talking about, which was based on a tweet they read 10 minutes before that from someone who DID know what they were talking about, but OP misinterpreted the meaning.
      • Believe it or not, that's against the rules. Just say you dont know. Or say nothing. There's actually no need to spam.
  • Gain & Loss Posts - nobody wants to see your Loss on one-third of a share of AMC. Come on.
  • YOLO - Your investment in one-third of a share of AMC is not a YOLO. A YOLO is DFV leveraging up his entire $55,000 account with positions in a single ticker and letting it ride or die.
  • Drowned out a lot of really good content on non-GME stuff
  • And you've now begun brigading WSB from GME.
You have formed a cult. You've now decided, amongst yourselves, that anybody who is not in on your play and wants to discuss other things is just a paid hedge fund shill. Do you think that's a healthy mindset?
If this is the investment that you truly want to make, and you feel you have an understanding of the risks, then fucking let it rip. I hope it works out. Seriously, I want you to make money. I like Gain porn a lot more than Loss porn.
But stop bullshitting. Stop brigading. Stop spamming.
You're driving us nuts.

https://preview.redd.it/h7xqt1iw97g61.jpg?width=466&format=pjpg&auto=webp&s=bc87b50bb806d2bedbb5aa0c3fa1ff56d19660b2
submitted by OlyBomaye to wallstreetbets [link] [comments]

We need to talk about NOK

We need to talk about NOK

Feb 4, mid-market: Thank you everyone for your support. I really don't know what to say. The company keeps getting pounded because GME is having a sell-off, which doesn't make any sense. But that's the market for you. It doesn't always make sense.
I still believe 2021 will be a big year for Nokia, although it doesn't look like there is any way we'll manage the crazy play anymore. Still, it was nice to see something that was impossible become possible, even if it was for only a few days.
And remember, we can still do it any day. All it takes is for us to work together. If you want. Make up your own mind.
I'm still holding. NOK will recover from this. Fair value is at least 4.81, and way more when 5G really gets going. So if you can, I would buy some more now. You'll thank me later for the tip. It may not be the most exciting play, but it is what investing is all about. Slow and steady growth that compounds to make a big change.
One of these days I'll be able to post again, when the mods lift the restrictions on new posts and things get a little less crazy around here. When I post again about NOK, I'll post the link here too. Thanks everyone!
Feb 4 premarket: Earnings out! They beat expectations a bit, their revenue was a little smaller than expected. Overall, good quarter, good year. Here it is: https://www.nokia.com/system/files/2021-02/nokia_results_2020_q4.pdf
Feb 2, end of day: It's getting pretty crazy out there, but here's what you should know. The NOK chart is following the GME chart. It's got way more shares so the bumps and dips are more stable, but that's the main trend.
What that means: GME has no underlying value at this level. It is a gamble on the short squeeze. It might pay off, or it might not. If people panic sell like yesterday, it won't.
NOK is very different. It has underlying value. So if someone dumps it below its target price, the best thing to do is just to buy and wait for the value to go down. Thursday NOK reveals its earnings, and they are likely to be good based on what Ericsson revealed. Ericsson is one of its main competitors and a very similar company currently trading at twice the NOK price.
Feb 1, end of day: Told you it was a value share! Still trading at target, still low risk.
Either dumping has stopped, or normies are piling in because of the results. Either way good news, hope you made some money today!Vol today 190m, still way above average. Normal average 30m before we changed it lol. That means since Wednesday over 2bn shares have changed hands. Hope you got em!
Ericsson (NOK competitor) results suggest NOK will report good numbers this week, NOK upped to BUY on market watch: https://www.marketwatch.com/story/nokia-upped-to-buy-after-ericsson-results-2021-02-01
Unless my math is retarded (which it is cos ahmsodumb), if everyone (7m) on this sub spends $3000 at current price ($4.55) we BUY THE FLOAT. The more they keep dumping, the more shares we get cheap. Think about it.EDIT: buying the ENTIRE float is NOT the point of this play. I know share price goes up when supply is restricted, just read the play. This is just an example of what happens when they dump a value share on millions of retail investors.
BLACKROCK IS IN PEOPLE: https://fintel.io/so/us/nok/blackrock
Robin hood increases NOK allowance to 2000 shares for next week (still any allowance is CRAZY because it's a VALUE SHARE THAT HASN'T BUBBLED) https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/?fbclid=IwAR2SK9VQOI_eBgBF0SK4-R1eQjBkSAe3sd6KMwSBaCPmz38e5cc8siRdhEY
You dump a VALUE STOCK on me and think I'm in danger?

Added new summary (30 Jan), and Q&A.
FIRST OFF: This post is not financial advice or anything except the rant of some idiot retard who is an idiot. I tell you straight up that there is a normal investment side to the NOK play (STILL MEANS RISK, which YOU will have to decide!) and that there is a CRAZY side that is PROBABLY IMPOSSIBLE. If you want to play the crazy play then you’re also a crazy retard idiot just like me.
I don’t know shit, I just look at graphs and go WOW. Do your own due diligence, I am not a financial advisor. Don’t ask me if you should buy, I don’t know, can you afford to? Are you comfortable with the risks? I don’t know these things. You do.
NOK PLAY:
Here’s how it works. YOU DECIDE if you want to take part.
1.It’s not a short squeeze like GME. Get that out of your head.
2.It’s a value/momentum play. The value part is just normal granny&grampa investing. See a good company going cheap, buy and hold. Tell your mom, dad, granny and grampa, cousins, relatives, friends.
3.The momentum part is the crazy part, and if it works the share will SKYROCKET as long as YOU DON’T SELL. GME is the biggest short squeeze in history, the NOK play could be the biggest value buy in history.
  1. The beauty of it is that it works because Wall St is dumping NOK irrationally. That’s why the price is going down (slowly). They think they’re attacking us and slowly winning, but they’re giving us a value share cheap = their money, our pockets. By the time they realize what we did, it will be too late.
  2. Don’t panic, and keep buying the dumps (if you think the company has value), and if we hold the line you could see a miracle.
3310 HANDS

Value Part (crazy part in Q&A):
The company is healthy, has good financials, it’s a market leader in 5G (it’s main competitors are Huawei and Ericsson, they have about the same market share share of 5G) a lot of potential to be the company that builds 5G for a large part of the world. NOK is currently trading at a standard price for the value it holds. It is not a bubble.
Here’s Nokia’s 5G contracts: https://www.nokia.com/networks/5g/5g-contracts/
Here’s Bloomberg shitting bricks that we’ve realized that Nokia is a value bet: https://www.bloomberg.com/opinion/articles/2021-01-28/gamestop-may-be-a-reddit-wallstreetbets-game-but-nokia-sure-isn-t
Nokia also just unveiled new 1tb tech, the thing AFTER 5G. First on the world. They have it, they’re showing the world it works. Here is their press release from Wednesday: https://www.nasdaq.com/press-release/nokia-and-elisa-push-network-boundaries-with-worlds-first-1t-deployment-2021-01-27
They are so trusted that NASA got them to build a cell network on the MOON. Literally. If you’re NASA, would you hire your retard uncle Earl to build cell towers on the moon? No, you hire someone who CAN ACTUALLY DO IT. Imagine what it takes to build something really big and complicated on the moon? Now imagine who’s the likely guy who can do it. That’s right, NOKIA. Here they are, going to the moon: https://www.nokia.com/about-us/news/releases/2020/10/19/nokia-selected-by-nasa-to-build-first-ever-cellular-network-on-the-moon/
If the Huawei 5G war continues, who do you think US and Europe is going to back, especially since NOK already has the next tech, owns a bunch of patents, is from FINLAND that has never tried to take over the world and has a brand that EVERYONE who lived in 2000s remembers?
Here’s a guy who’s been doing the numbers for a while now in case you want to see them: https://www.reddit.com/useJimming/comments/l7f6ua/part_iv_option_chain_analysis_on_nok_and_why_you/?utm_source=share&utm_medium=ios_app&utm_name=iossmf I don’t know him, I don’t know the numbers as well, but looks pretty good to me. Amazing due diligence. But what do I know, I’m an idiot. So is he. So are you. We’re all fucking retards, just ask Wall Street. I poked myself in the same eye twice yesterday. We’re “dumb money”. They have other names for us too.
So, worst case, you just bought into a good company at a fair value. If the crazy play doesn’t work, you just hold on to them and let them become the world leader in 5G. Unlike GME (NOT SAYING SELL!), NOK will not fall 99%. Or if it does, I'M BUYING THAT SHIT because if a HEALTHY COMPANY FALLS 99% you make some CRAZY MONEY on that when it bounces back.
Q&A
Q: You retards were tricked by bots to buying NOK, there’s no short
A: This just full on doesn’t get what the play is about. IT IS NOT A SHORT SQUEEZE. THIS IS NOT GME RINSE REPEAT. GME IS A DIFFERENT PLAY. NOK IS A VALUE PLAY. How many more ways can I say it? Not sure. How many more do I have to?
Q: Stop taking attention away from GME you retards
A: Nobody is saying sell your GME. Nobody is saying that. GME is too expensive for a lot of people, and GME is VERY RISKY and NOK has genuine value behind it. If the NOK play works, those people who couldn’t afford GME can still get on & get rich. If it doesn’t, they most likely still make money on a good company.
Q: This play is impossible / crazy / it’ll never work / there are too many shares you retards
A: This is ALMOST true. This play WAS impossible until 1/27/2021. That is why nobody has EVER tried anything like this. But it’s NOT impossible anymore. Look at this graph. Look at it. See that spike? What the fuck is that? I’ll tell you my fellow autistic space boot packin 3310 using NOKSTER.

https://preview.redd.it/v473xl00ghe61.png?width=2182&format=png&auto=webp&s=bf5aac455156dbadb919b80afacb5232af0a05b5
That spike was them running out of shares for half an hour. Trade was stopped until they could find more, to avoid an artificial spike in the price.
Proof? Look at the volumes. A small sale (red) causes a small dip. Two small buys cause a MASSIVE SPIKE. They ran out, and had to call their friends to liquidate more shares so the price wouldn’t skyrocket "artificially".
But that’s IMPOSSIBLE for NOK. NOK has 5bn shares. Nokia should be much more stable because it has so many shares, having a crazy demand spike is crazy. I saw it, and fell off my chair and since I’m such a retard it took me an hour to get back up.
So it was impossible, and that’s why Wall Street won’t see it coming. They think this is their attack and they’re about to break through our ranks, but they’re actually playing right into our hands.
Wendnesday, we moved 1bn shares. Thursday, when nobody could buy, we still moved 500m. Yesterday, we still moved 360m. We’ve moved so much NOK in the past three days, the average volume of the share has MORE THAN DOUBLED in THREE DAYS. The play is not impossible anymore, but Wall St thinks it is, which is how we can use their own strength and mass against them. But the value buy still makes sense WHENEVER you see someone dump a valuable share. Someone sells you a 100$ bill for 90$? Buy it.
They attack? We absorb. They dump, we buy, they run out of shares, we hold. They’re fucked, and they just handed us a bunch of value shares at an undervalue = they just gave us their money. They are just giving it to you. When they realize they can’t buy them back at a lower value, what do you think is going to happen?
Q: We don’t do value plays, we do short squeezes you retards
A: Go back to April. Look at u/DeepFuckingValue’s position. GME was a value play. It’s only in April that the Short Squeeze became possible. Look it up yourself.
Will a short squeeze also happen with NOK? It’s unlikely. Hedge Fund Assholes have been increasing their shorts in NOK in the last few days, but they won’t go over 100% on 5bn shares because they're not as stupid as me. But it doesn’t have to happen. We just need to buy the dumps. If they short, great. More money for us as long as we don’t let them drive the price down with the dumps.
Q: Why is NOK not rocketing?
A: Because Wall Street is dumping, just like I said they would after the Wednesday spike. That’s the whole plan. They dump, we hold the line, buy the dumps and keep the price steady.
The GME short squeeze guys waited for this for UP TO TWO YEARS. I saw it in April. I thought it was crazy. I didn’t jump in back then. If I did, I’d have about as much money as u/DeepFuckingValue. On a value share, you can afford to wait. GME was originally a value play. That’s what I should have realized in April.
SO JUST WAIT AND HOLD (if you believe and idiot like me, which you shouldn't, no need to message me about it). It’s been two days since this play even became possible.
Q: How do we know it’s working?
A: Look at the volume of shares traded. Nokia has 5bn shares. In the last three days, nearly 2bn have been traded. The price is still up from last week. That’s how.
This has already been a giant dumping campaign. How come the price hasn’t floored? What happens if we just buy it all up?
What happens if they run out, and then their shorts blow, the price bumps up, CNBC tells the world we broke another short wall, everyone piles on, Wall Street realizes they just gave us their shares at an undervalue and try to buy back, we don’t sell, we have all the shares? The Wednesday spike is what happens, except this time there is no stopping it. If they stop trading again and try to dump some more, you just buy up the dump and keep the spike going. Spike stops being a spike and becomes a floor.

Q: Where will this max out and when?
A: What do you think I’m from the future? I just saw an impossible thing happen on Wednesday, and we need to make it happen again. Look at the graph. Look at it.
Set your targets to $3310, that should do it.
Q: When should I buy? What should I buy? Should I buy?
A: Be your own person. Buy when you feel like it, if you feel like it.
Q: Wall street bots are promoting NOK.
A: I don’t give a shit. If they are, and we keep buying, they are promoting giving us money.

Part 2: (29 Jan)
First off, much as I appreciate the love, I can’t play your hand for you. You have to make your own decisions. Do I know where NOK is going to be tomorrow? Nope. Nobody does. All that I have for you is the news from Wednesday that this play is no longer totally impossible:
  1. I think the assholes are going to try to dump you out of the market
  2. It won’t work if we keep the demand up.
  3. The way we keep demand up is we buy, and others will follow us because the company is good.
  4. When they realize it won’t work, they’ll need to start buying back in.
  5. Then it’ll be too late, cos they dumped their shares on US and we are RETARDS who HOLD. That means that when their shorts start to go bust, the price will jump up (a little bit, not like with GME at first – this is a different play based on the health of the company, not a straight up short squeeze. The short position on NOK is much smaller).
  6. When the price jumps up, and the GME guys start cashing out, they need somewhere to put that cash. Some of them pay off student loans, or buy cars or whatever, but the smart ones will go NOK.
How you play it is up to you. I can’t tell you if you should buy, what minute to buy, what app to use and so on. All I can say is I buy the dumps. You need to decide for yourself if you want to do it. You can see the dumps on any app, or even yahoo finance. I buy NOK on NYSE, and I buy straight up shares (so they can’t lend out mine for shorts) but you’re free to do what you want. I’m a retard, you’re a retard, we’re all autistic fucks, we make up our own mind and stick with it.
Secondly, what I said yesterday morning would happen, did happen. And it happened exactly like I said it would. So don’t get scared off, just buy the dumps. And they know that they’ll be fucked if we keep buying the dumps. That’s why they stopped us from buying NOK.
NOK hasn’t bubbled, stopping us from buying NOK was because they know we’re on to them. They know the dumps won’t work if we JUST KEEP BUYING and HOLDING. The play works, they’re scared, we caught them with their pants down, they’re trying to get ahead of us.
OK, so about what happened yesterday with RH and others. I’m so fucking angry about this.
What RH and others did is completely insane. Their argument is “you guys are throwing your money away on a bubble, we’re just protecting you”. Bullshit. I won’t comment on GME, I’ll let u/DeepFuckingValue or one of those guys do that. I’ll just say, that short squeezes happen with hedge funds all the fucking time. Why is trading not stopped for them? They have people’s fucking pensions that they’re playing with.
But for NOK, it’s TOTAL BULLSHIT. Here’s why:
  1. NOK HAS NOT BUBBLED. Look at the graph. Look at it. It is still down from 2016. NOK is well within normal variation. Long term, you barely see the spike from a couple of days ago. There is nothing to “protect us” from. They’re protecting themselves.
  2. The NOK play is not a straight up short squeeze. The play is HELPED by the shorts that are there, as long as we can keep the demand up and keep the price up against the dumping, but that’s all.
  3. NOK is a healthy company, with new and important tech, a great brand, a lot of potential. You want to see why, read the original post. ANYONE who sees a company like that being dumped for NO REASON would buy. So should you. They are only dumping it because they’re trying to fuck up our play.
Ok that’s enough for now. I’ll see you all when I’ve got my space boots on, in my house on the FUCKING MOON, next to a NOKIA Comms tower, or I’ll see you in VALHALLA with my broke ass. If this doesn’t work, then at least you TOOK ON THE MOTHERFUCKERS and EARNED A PLACE at the table with FUCKING ODIN.
UNBREAKABLE 3310!
ORIGINAL POST (28 Jan):
I get it, it’s not the play. I’m not saying sell your GME. I’m not a bot or a spy or a wall street asshole. I’m a regular guy who’s got a couple of bucks in his bank account and plays videogames and wants a fucking house to live in like my parents had when they were young. If you don’t agree with me, just say so.
I’m also not a financial advisor, so make up your own minds you autistic fucks.
But, BUT, yesterday we did something they’ve never seen. Yesterday, we made them run out of NOK shares. That’s what that big spike was, and that’s why trading was stopped for 2h. If we keep doing that, it will be the biggest wall street wealth transfer from assholes to retards in history. Because they will keep dumping it until it’s too late.
Impossible, you say. Too many shares, you say. Well listen up. Yesterday, in ONE DAY, we traded, or caused others to trade, 1bn shares of Nokia. That is 1/5 of all the Nokia shares in the world. That’s never happened, EVER. Not even when Nokia was the biggest phone company in the world.
3516.16% of average trading volume.
Do you get it? They’ll keep dumping their stock, we keep buying them cheap, and then they won’t be so cheap anymore when they try to buy back in. We can move 1bn shares IN A DAY. ONE DAY. 🚀🚀🚀🚀🚀
Why do they stop trading in NYSE? Cos they ran out of shares temporarily and they don’t want “artificial” spikes in the prices. So they made us retards wait a couple of hours while some assholes called some other assholes to unload their shares into the market, and once they had enough, they started again. That’s why that spike went down right after the freeze.
But then we did it again. And they had to stop again. The price just wouldn’t go down. The assholes who’d just unloaded shares were probably back on the phone with the other assholes who’d convinced them.
Everyone is watching us. What we do, millions of normal folks do with us, and every wallstreet asshole does against us.
What did the asshole brigade do? They started shorting NOK. They will continue to do that, because they think we’re retards (they are correct).
But how come the price didn’t go down? It’s got 5bn shares, and everyone whos ever held it was dumping it. How could we ever keep up the demand when there are so many shares out there? How is this going to work?
Because the retard brigade was buying it. There’s 3m of us and counting. If we each put 600 bucks on NOK, we get 100 shares, and that’s 300m shares.
Now imagine what happens if we put 6000 on it. AND. FUCKING. HOLD. And every dip you see, you buy more. AND. FUCKING. HOLD. They'll keep dumping, we keep buying, until they realize the price isn't going down. Then they start buying, we keep holding, the market runs out of NOK. Price skyrockets.
And normies outside were following us. They can see that the stock is still LOW, lower than 2016. This means they don’t think it’s a bubble that’s going to crash on them.
So why do the normies follow us on this, and not on GME? (I’m not saying sell GME).
Because GME has never, ever been anywhere near where it is now. That scares a normal guy who’s just trying to put in some savings for his family. They think this is some Dutch tulip market shit.
Not so with NOK. Even with the spike from yesterday, NOK is still DOWN from 2016. Remember 2016? Remember that being a really big year for Nokia? No, me neither. And let’s not even get started on where it has been in the past. Yesterday's spike barely shows on the graph.
You know what is going to be a big year? 2021 and 2022. Why?
What else did NOK say yesterday? Well, they revealed that they have a new kind of 1 terabit data transfer networks shit, what do I know, I’m not a techie. But it IS a new kind of technology that’s going to kick 5Gs ass. And my fellow retards of the most honorable retard brigade – Do you think we’re going to need more data this year than last year?
Remember how Netflix had to downgrade its picture quality in March because the networks couldn’t handle the amount people were streaming? What do you think is going to happen with the company that solves that?
But why would NOK be the company? Well, remember the 5G war with China?
US and Europe can’t buy 5G from China, because then China has our networks. But guess who US and Europe aren’t afraid of? Fucking FINLAND. Finland, the land of NOKIA. So tiny that some people think the whole country is a conspiracy theory and doesn’t really exist. Sorry Finnish people, nobody gives a shit about you. Good thing for you, cos you get to build the 5G network on the moon and shit because nobody is scared that Finland will take over the world.
Want proof? They are literally building one on the FUCKING MOON: https://www.nokia.com/about-us/news/releases/2020/10/19/nokia-selected-by-nasa-to-build-first-ever-cellular-network-on-the-moon/
And we’re going to send them there. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
But hang on, why is NOK so low in the first place if it’s so great?
Answer: because Microsoft fucked them. That’s right, they sent one of their own assholes to infiltrate the NOK, leak a bunch shit to drive the share price down, and then buy the phone part of the company. These assholes wrecked the company, the Finnish economy, and every middle class shareholder who was just trying to put their kids to college. Imagine everyone who’d be fucked if someone did that to Apple now.
Worked like a charm. Firesale. Business restructuring. Lost their phones. NOK never recovered.
The asshole they sent from Microsoft? Went back to work for Microsoft, and was paid a shit ton of money for what he did. His name is Stephen Elop. Look it up.
So they have tech that nobody else has and a brand that everyone recognizes. But what don’t they have? Money. That’s why they’re building this 1tb magic network thing in tiny fucking possibly fake Finland to show everyone it works.
But if we drive the share price up, do you think that’s going to change?
So FUCK IT. I’m in for every penny, and I am HOLDING. I’ll see you in my house ON the MOON next to a NOKIA Comms tower, or I’ll see you in VALHALLA you BEAUTIFUL RETARDED MOTHERFUCKERS.
TL;DR: NOK is literally going to the moon. Go there with them. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

submitted by Mullernuller to wallstreetbets [link] [comments]

🚨🚨NOK vent thread. NOKle HEADS GET THE HELL IN HERE. WE NEED TO TALK. 🚨🚨

Ok so, first things first you assholes, I am not a bot. I have been in the fucking game for about seven years now.
I don’t typically do posts like this and so this is fucking new to me. Anyways, it seems like a shit ton of you are falling out of favor with NOK. I don’t know what the fuck is wrong with you if you expected to gain a shit ton of money in a day, but what the fuck I have never seen such 🧻🤲🏻 in my fucking life for the past two days.
Are you guys really just going to stand there and let the enemy beat the fuck out of us.
And of course some of you are going to mention the total float as if that fucking matters because the stock is still cheap as fuck (for now lol 🚀) and because we managed to trade one fucking fifth of all the NOK stocks in circulation. They literally had to stop our asses from buying a couple of times. Just like you autistic retards I have lost thousands of dollars in this shit. My paychecks, birthday money, dividends, money from the sale of blue chips and Ark ETFs, etc.
So where’s the upside? Well let me fucking tell you where the upside is and when you can expect to pull off the biggest fucking heist alongside GME and AMC Wall Street will have ever seen. 🔥🚀💸
NOK is well known to be the bigger beast when it comes to the BANG stocks (BB, AMC, NOK, GME). It has a fuck load of shares to go around and there’s a lot of paperhanded pussies out there, so I understand why it may be daunting to expect a Juggernaut like NOK to moon anytime soon.
But it doesn’t have to be.
NOK releases its earnings on Thursday and its expected to blow the competition out of the fucking water. I wouldn’t even be surprised at all if it were to get a higher price than ERIC in two weeks (hell, possibly by EOW). NOK even plans to merge with top tier companies in the near future due to their prowess in the 5G tech that they’re developing. The 🏳️‍🌈🐻 have had their big meaty claws ever since its ATH of $62 all those years ago. Do you really expect a change if you don’t fucking BUY and fucking HOLD. No, with a team of fucking retarded superstars in this sub, NOK is prepping for a fierce comeback in the upcoming weeks. GME is top dog right now, but let’s be honest. GME hype can’t last forever (even tho it can for a long time as long as we remain retarded). However being on team NOK makes me feel like I’m on a loosing, shitty ass baseball team and no one is hitting over .100
What’s the plan, Stan?
The fucking plan is that you don’t buy market price. You look at the ask price and you fucking buy it. This is how we destroy walls. The $5 barrier battle today was hard fought and we fucking lost to the hedge funds. This next week is going to be fucking spectacular 🪄🚀🤲🏻💎 and I need to know if my fucking NOKle heads are even in it to win it or just downright frauds.
You say NOK was a plan by the bots? Take a look at fucking BlackBerry. That shit took the same swerves NOK did that it’s pretty much identical. If NOK is a sham, then the idea of the BANG stocks is a sham.
I know for a fucking fact you don’t believe that. I know that there’s dreamers in this sub. I dream just like you. I am trying to build a life just like you guys are. We are in something way bigger than ourselves so if you can for ONCE IN YOUR LIFE consider that maybe that the process is a trustable process then maybe we can win this shit.
If NOK hits $50, I will literally buy new fucking silverware (like expensive handmade shit with sterling silver cutlery) and eat my own shit. I don’t give a fuck whether you’d want to see it or not, because honestly boys I’d eat my shit to go to the moon and I am 200% willing to take one for the team.
This year, BANG is for real.
So hedgefunds, keep your ears out for the NOK NOK sounds on the door. We’re pissed and we’re armed to the teeth.
EDIT: General cheese reporting. Post this shit everywhere. I dont give a fuck. I WILL be producing a flank strategy tomorrow. People have to know goddamn it. Monday/Tuesday will close at $7 just give it time
The bell doesn’t fucking ring until WSB says it fucking rings. 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🥵🥵
EDIT 2: some of you pussies are asking where you can buy NOK. The easiest way to buy it is with that fucking app all the whores on Tinder beg for food money on: Cashapp. There are literally no fucking limits and if you want an extra 2 fucking shares then use this shit when you sign the fuck up and get $10 extra buckaroos: BKXDNGQ. I also want to make it clear that everyone should share their cash apps so that we can get that $10 extra to put into NOK. I’m only doing this for the small wagecucks so if you have the money to do so, then don’t bother. This is just the only thing on the top of my head that would help out in any way
List of reasons to buy:
  1. Most essential 5G patents in the world
  2. Fastest 5G speeds recorded
  3. Controls over 27% of the 4/5G market
  4. First company contracted to set up internet on the moon (NASA)
  5. Will receive MULTI-BILLION dollar settlements from ongoing litigations with Mercedes Benz and Lenovo
  6. Technology provider and main collaborator of the National Security Center of Excellence 5G Cybersecurity Project (Federal 5G project)
  7. Selected to be the main collaborator of the Hexa 6G European Union Project
  8. Has pending Department of Defense contracts yet to awarded
  9. Just sealed a contract with TMOBILE for US 5G roll out.
  10. Has and will take market share from Huawei, already has secured multi-year deals with important Chinese companies
  11. Blackrock increased their position to 333,000,000 shares during 2020, an increase of 21 million shares held from the year before (7% increase)
  12. May also be getting back into the phone business as they are manufacturing phones in India
  13. Vanguard Capital owns 160,000,000 shares and is continuously buying
  14. Google Cloud announced a partnership with $NOK to Accelerate Cloud-Native 5G Readiness for Communications Providers
submitted by cheezeblock777 to wallstreetbets [link] [comments]

BlackBerry DD

Note: BlackBerry is NOT a cyber security company. They are a security company. Revenue does not care about your AI driven autonomous machine learning EV car with DDs. People are using these terms loosely. A quick lookup for interviews with John Chen would prove that he explicitly avoids these terms as they do not define nor matter to the products/revenue of BlackBerry. QNX revenue does not depend on any of these terms, it's on installation on any device. This includes the space station, of which there is 1 of with obviously non-recurring revenue. Buying based on these basis would be gambling.
Bull:
Where I think growth can be made:
  1. QNX in more cars. They can capitalize on the idea of less ECUs = less cost for OEMs + security.
  2. IVY usage by OEMs along with QNX.
  3. IVY ecosystem. Maybe application billing?
  4. Professional services (support) for the products listed.
  5. AtHoc increased market share in more governmental/healthcare/educational entities.
  6. SecuSUITE for more enterprise customers with the idea being saving employers money from purchasing work phones for employees, and worrying about securing them.
Bear:
Prediction: I think QNX can become a $1B revenue per year alone. $2B revenue per year as a company is not far fetched. Without a subscription/usage based model, it is difficult to see how growth can go beyond that. BB is good in 2-5 years, not this year. I can see their revenue growing to potentially $2B - $4B revenue per year. They did mention trying to figure out a subscription/usage based billing, if done then the revenue would be much higher. I think $18 is a fair price on the high end. It could grow further than that, but expectations would be HIGH.
Resources:
  1. John Chen interview: https://youtu.be/_hQQlCWMrQA?t=313
  2. John Chen interview: https://youtu.be/FNdbGhun2E8
  3. J.P. Morgan IVY presentation: https://cache.webcasts.com/content/jpmo001/1416508/content/58ffe5daaa24e738fdef0d065b9b15077892ea63/pdf/secured/BlackBerry_-_Winter_2020-21_Investors_Deck.pdf
  4. IVY: https://blackberry.qnx.com/en/aws
  5. QNX: https://blackberry.qnx.com/content/dam/bbcomv4/qnx/software-solutions/embedded-software/qnx-neutrino-rtos/pdf/QNX-Neutrino-Product-Brief-v7.pdf
  6. QNX Hypervisor: https://blackberry.qnx.com/content/dam/qnx/products/hypervisohypervisorGEM-ProductBrief.pdf
  7. QNX Tools: https://blackberry.qnx.com/en/embedded-software/qnx-software-development-platform
  8. Spark UEM: https://www.blackberry.com/content/dam/bbcomv4/blackberry-com/en/products/resource-centeresource-library/guides/guide-blackberry-spark-uem-suites.pdf
  9. Spark UES: https://www.blackberry.com/content/dam/bbcomv4/blackberry-com/en/products/resource-centeresource-library/briefs/Solution_Brief_BlackBerry_Spark_UES_Suite_Final.pdf
  10. AtHoc: https://www.blackberry.com/us/en/products/blackberry-athoc
  11. AtHoc in healthcare: https://www.blackberry.com/us/en/products/blackberry-athoc/healthcare
  12. SecuSUITE: https://www.blackberry.com/us/en/products/secusuite
  13. Customer oriented solutions - continuous authentication: Start the video at 5:04: https://www.blackberry.com/us/en/events/security-summit/2020/video-details/work-anywhere
  14. Easier link: https://vimeo.com/497426347
  15. VW OS: https://electrek.co/2020/06/19/vw-to-develop-its-own-operating-system-but-dodges-question-about-id-3-software/
Position: 1,500.
Disclaimer: I don't know everything, I may be incorrect about some things. This is based on what I've researched and to the best of my ability. Do your own DD. Obligatory this is not an investment advice.

Edit: This is the only sub with a lot of discussion. I appreciate y'all.

🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
Edit 2: One day later, marked closed $18.03. Crazy.
submitted by _MoveSwiftly to wallstreetbets [link] [comments]

GTA Online Mega Guide and Weekly Simple Question Thread

Looking for friends to play with? Join the GTAOnline Discord server!
READ BEFORE YOU MAKE A POST ON /GTAONLINE**:**

Screen Capturing
Platform Method
PC https://bit.ly/PcScreenshare
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Solo Public Sessions
Platform Method
Any unplug router method
PC port blocking method - task manager method
PS4 MTU method
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Making Money

Weekly Money-Making Methods - Updated Weekly!

Any level of experience and money:
I am a new player with low experience and money:
I am a returning player with decent game experience and money:
I'm a millionaire already, just give me a grind:
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Leveling RP

Further Money Making Info
What's New? Recent Major Content Updates
June 2017 - Gunrunning FAQ by L131
August 2017 - Intro to Smuggler's Run by Psychko
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If you know a post that should be included in this guide, message the moderators.
submitted by BryonyBot to gtaonline [link] [comments]

I believe I have found lotto FDs (and other puts) that will actually print. DoorDash is about to collapse, and this is your opportunity to bank.

Disclaimer: It is moronic to buy FDs. That is not the way to consistently build wealth. The very reason FDs pay off such huge returns is because on average their probability of expiring worthless is 99%. If you’re moronic enough to buy FDs with me, only do it with money that you are willing to literally set on fire. Actual fire. There are plenty of safer puts on DASH that will pay obscene returns this year..
TLDR: I believe DoorDash (DASH) is the greatest short opportunity of the year, and what’s more, rather than just having a general feeling, there are specific timetables enabling us to profit bigly. The company even admits themselves that they have peaked as a company.

Analysis:

“Food delivery with third-party apps like Grubhub and Uber Eats is booming, but no one's making money.” – Business Insider.
DoorDash is wildly overvalued. This is true by any metric, were it in essentially any industry. Add to that its in food delivery, which is a horrific, no margin industry in what has become a commoditized business and offers essentially no differentiation with its competitors. There is near zero differentiation between Uber Eats, Postmates, Caviar, Grubhub, DASH, or any local provider. In Austin we have Favor, for example. And nobody cares which company delivers their food, they only care which one does it cheapest.
If you view stock (as you should) as buying the entire business as an owner, how much would you be willing to pay for an undifferentiated company in a no margin commoditized business that has peaked (see below for more on that)? Because it’s currently selling for an insane $56 billion. Outrageous.
So how can we get a banana for scale to understand what that $56 billion means in terms of valuation?
Well, all of DoorDash’s competitors have either sold at or are trading at, or raised money at, a capitalization of 3x to 6x sales. DASH is trading at an absolutely insane 20+ x sales.
Just six months ago Postmates was acquired for $2.65 billion which put it at 4x sales. At 4x sales, DASH would trade at $32.
DASH used to be the business leader in this industry, but over the past 2-3 years Grubhub has exploded in size to take on nearly the same 33% of market share, and after Uber Eats bought Postmates, it too now has about a third of market share. So you now have three giants of roughly equal size battling it out in a business in which customers don’t give a motherloving frick about branding.

But don’t take my word for it on valuation, take smart money’s word

DoorDash raised money just a couple months ago at a $16 billion valuation. That is truly a stunning fact. In just a few months the WSB type day trading call buyers have bid this company all the way up to $56 billion from $16 billion without any material change to the business and completely ignoring the coming vaccine-induced reopening of restaurants. Again, the stock trades for a 300% markup to its recent smart money capital raise based on nothing but unfounded hopium.
You don’t have to take my word for it, your beloved Jim Cramer has even said the same thing, in his own idiotic, covering my ass, round about say nothing way. “It’s true that people using market orders took DoorDash to levels that maybe ... were far higher than they thought they’d have paid.” - Jim Cramer
I don’t care about his commentary, but you people seem to love him, so there you go. 😘

The Company, according to The Company, has peaked. It’s over.

There are two extremely interesting things buried in the S-1 we’re going to get into in a moment. One of them is that you don’t have to take my word for it that this company’s business has peaked. The company says so itself in its own S-1.
The circumstances that have accelerated the increase in Total Orders stemming from the effects of the COVID-19 pandemic may not continue in the future, and we expect the growth rate in Total Orders to decline in future periods.
To put it simply, COVID numbers are falling, vaccines are rolling out at an impressive 1-2 million per day which puts our stated goal of 100 million vaccinated in 100 days within attainable reach. The economy will be opening up, people will want to be getting out of the house, restaurants will be reopening, and there will be huge pent up demand by people who have had extraordinarily high savings rates over the last year. Big chains will no longer have the need to get help from third party delivery apps at a 15% markup. We all know this is the case, and DoorDash even stated as much in its own filing. This stock is toast.
”Delivery via smartphone is one of those venture-funded sectors where business executives appear to have taken seriously the old joke about “losing money on every transaction but making it up on volume.” – New York Magazine
“DoorDash and Grubhub and Uber Eats... it’s a tough business for them. It’s very competitive. I think the business model is hard.” - Panera Bread CEO.

And Now the Fun Part

There are some wild share lockup expirations coming up. For those that don’t know, when you get these massive IPOs, insiders aren’t actually able to sell their shares on IPO day. They are locked up and the insiders just have to hope for the best that the stock will not lose value over the coming months. If the stock skyrockets in value, but the insiders know the business is trash or has peaked, you get the perfect recipe for a rush for the exits.
I love playing share lockups. I make a lot of money on them by selling spreads. A common question I get when I post them here is “if you know a drop is coming, why doesn’t the market just price it in?” The answer is because it can’t. No matter what the share price does, the lockup expiration date is the lockup expiration date. Insiders have to wait until that date, and it doesn’t matter whether the stock falls 0%, 5%, or 50%, they will all have to wait until that day to sell.
DoorDash has two share lockup expirations coming.
The first lockup expiration is an early release (heh) and hits 90 days after the Dec. 9 IPO, or around March 9, as long as the stock trades 25% higher than the IPO price for five out of 10 consecutive days of trading. That is to say, so long as DASH trades above $127.50 right before March 9, the lockup is triggered. The good news for you with this insane run up in price is that if the lockup isn’t triggered, it means the stock has already fallen from $190 to $127. It’s important to know March 9 is not a hard date exactly...some insiders can be allowed to go a few days prior. Also if they release earnings early the lockup could potentially occur at the end of this month.
I was talking to some folks on WSB about the lockup last week, and someone mentioned they thought only 20% of insider shares will be eligible. DoorDash's management and board members can sell up to 20% of their shares in that first wave, but other insiders can sell up to 40%. This means 113 million shares are eligible for sale in early lockup expiration. DoorDash’s daily volume is only 3-4 million shares. The current public float is roughly 123 million shares. This means you’re about to suddenly double the number of shares on the market.
Door Dash’s second lock-up expiration hits either 180 days after its IPO, which means around June 9 (more or less), or after the release of its first-quarter earnings report (whichever is earlier), and will free up “all remaining shares” according to the S-1, which if my math is correct is roughly 50 million shares.
These two expirations could spark violent sell-offs throughout the year.

Positions

FDs

I never buy FDs. I’ve never once bought them in my entire life. But I’m putting 1% of my portfolio into them on DASH because I’m confident big drops are coming. Unfortunately for you guys, the stock has already started falling this past month from its 🤡-level highs in the $200s, and worse yet the pricing/IV of all options has gotten more expensive. This means, I’m sorry to say, that you’re not going to find any options trading for pennies, or even anything less than $2. For your FDs, I recommend you buy puts at whatever the lowest strikes are that actually have any volume. The strikes go as low as $75, but most days show 0 volume and of course the bid/ask spread is enormous. There has been some volume at $95 recently, and you can get the $75s if you’re patient enough and willing to pay up for them. Expiration dates would be any time in mid to late March (again, looking for whatever has volume) so that it occurs after lockup 1, and the August 20s, which unfortunately are the closest expiration to the lockup occurring around June 9. I wish there was a closer expiration, but hey, more time for the stock to collapse. Plus you could always sell your puts after the June 9 drop with lots of theta meat still left on the bone.

Puts

I own March 12 $160 puts. I think the stock will drop healthily below this, but IV is high. I’m normally taking big swings with spreads, so when I buy puts outright, which is rare, I want to play it a little safer.
I also own the August 20 $145 puts.
And finally, I have six figure credit call spreads open at the $175 level. For newbies, this simply means I: Bought (yes bought) the March 12 $175 calls, and Sold the $172.50 calls.
I went huge on these because all I need is for DoorDash to trade below $172.50 after the lockup expiration and I’ll be having a Merry Christmas. That’s as close to risk free gains as you’re ever going to see in your life.

Bull case

The only bull case is that we’re in a raging, record-setting bull market and all stonks go up. The economy is opening back up, vaccines are rolling out, and stonks go up. But I think if you look at the DASH chart you can see that that is already starting to not be the case.

What are the negatives?

I plagiarized liberally from an old Citron Research report, although it doesn’t even mention share lockups. Yes, that Citron. For those of you who are newer members, I will tell you this; the little smart money social circles in and around WSB do not hate CItron, Hindenburg, or any other short selling firms. We respect them and welcome bearish cases on high flying stocks. Any intelligent trader does. It’s only the pump and dumpers who have a hatred for short reports. You should welcome contrarian views.

Parting Words.

I would welcome anyone pointing out where they think I may be wrong. I don’t care about saving face, I care about not losing money. If I’m wrong, I want to know it. I welcome constructive criticism.

Give Me One More TLDR At The End

This stock is going to collapse because it’s wildly overvalued, employees got in super cheap with shares they are waiting to sell, know the business has peaked, and they want to cash the fahk out. So swallow the high IV and buy puts today as fast as you can.
Love you guys.
submitted by WBuffettJr to wallstreetbetsOGs [link] [comments]

Bitcoin and speculative stock investing are dark mirrors of each other and the whole system is rotten.

Hey guys. Not entirely sure if this is the right place for this post, but here goes.
Since the GameStop short squeeze and the Elon Musk Bitcoin pump happened, there's been a lot on my mind about both Bitcoin and regular stocks and I need to get this off my chest.
One thing above all has really been bothering me and I couldn't put it into words until recently: how rotten the whole system is and how it allows a minority to earn enough money to never need to work again.
Whether it's Bitcoin or speculative stocks, it works out very similarly. People throw money and hope they get lucky, no better than any gambling.
When they win, it's not because they were smarter or did some great service to society. They only had to install an app on their phone, go through some KYC and throw money at their crypto or stock of choice.
Money is a currency used to determine how much access to society's resources someone has. The more money you have, the more resources you can access. This can be better apartments, lambos, yachts, mansions, whatever.
The winners of crypto or stocks are just gamblers, they get a disproportionately high share of society's resources without creating anything of value.
And then there's people like me. I work a day job, working hard every day and trying to improve my skills, hoping to get recognized and achieve some measure of success in life, yet I get a pittance while all these gamblers win big.
To be clear here, I'm not salty because I didn't invest money or lost it. I don't believe in either speculative stock investing or crypto "investing". I realize that speculative investments have a far higher chance to lose money, and losing money can really hurt you and your life prospects.
With both Bitcoin and speculative stock investing, what happens in practice isn't very different. They're glorified casinos and the winners are set for life, and it really grinds my gears because they didn't do anything to earn it, while I'm sitting at a desk day in and day out, working hard yet barely getting anything out of it.
But what's even worse is that the winners' wealth is created through exploitative means. For someone to win money in the casinos, someone else has to lose. Usually a lot of someones. And the losers? They can be drastically affected by their loss.
It's even more sad when you realize that most of them were suckered into playing the game with false promises: "Bitcoin/Gamestop is guaranteed to moon! Invest now and you'll never need to work again!" and so on.
Then when things fail and the hysteria ends, a lot of people are left holding the bag. Some turn to substance abuse, others commit suicie, yet others double down and throw more money at the casino in the vain hopes that they'll win the next time.
And even if speculative investments had a 50% or higher chance of making you a winner, what would that mean for our society?
I'm no economist, but I'm pretty sure that our society would start running low on resources as people buy more luxuries they couldn't afford before and this would result in price inflation. Which in the long-term, would nullify the winners' wealth and make everyone else worse off.
It's all so upsetting, and very sad what our society really values.
Sorry if this was too long or rambly, but I really needed to get this off my chest. Let me know what you think in the comments.
Edit: This might not have been clear to some, but I'm not a Bitcoin supporter. I know how it works and why it's terrible.
Edit 2: Well, my free day of shitposting is ending, so I'm wrapping up this thread. Thank you all so much for your responses! There were many interesting discussions, even with coiners. I might respond more tomorrow, but not as much as today.
submitted by Darxchaos to Buttcoin [link] [comments]

GTA Online Mega Guide and Weekly Simple Question Thread

Looking for friends to play with? Join the GTAOnline Discord server!
READ BEFORE YOU MAKE A POST ON /GTAONLINE**:**

Screen Capturing
Platform Method
PC https://bit.ly/PcScreenshare
PS4 https://bit.ly/PS4ScreenCapture
XB1 https://bit.ly/XboxCapture


Solo Public Sessions
Platform Method
Any unplug router method
PC port blocking method - task manager method
PS4 MTU method
XB1 MTU method - NAT method

Making Money

Weekly Money-Making Methods - Updated Weekly!

Any level of experience and money:
I am a new player with low experience and money:
I am a returning player with decent game experience and money:
I'm a millionaire already, just give me a grind:
I'm a solo player, how can I maximize my profits?

Leveling RP

Further Money Making Info
What's New? Recent Major Content Updates
June 2017 - Gunrunning FAQ by L131
August 2017 - Intro to Smuggler's Run by Psychko
December 2017 - Doomsday Heist FAQ
July 2018 - After Hours/Nightclubs FAQ | After Hours Guide by Dan6erbond
July 2019 - Diamond Casino FAQ
Vehicles and Properties
Tips and Tricks
Just For Fun
Useful Tools
If you know a post that should be included in this guide, message the moderators.
submitted by BryonyBot to gtaonline [link] [comments]

Complete DD on HCMC Share Structure: Clarification on Share Dilution, Outstanding Shares, Float, Authorized Shares and the Meaning behind the letter from the CEO.

Complete DD on HCMC Share Structure: Clarification on Share Dilution, Outstanding Shares, Float, Authorized Shares and the Meaning behind the letter from the CEO.

1. Introduction

This is a post aimed at clarifying some misconceptions that have been arising over the past day(s) throughout Reddit/StockTwits/Telegram/WhatsApp/Facebook. Everyone was concerned over the recent apparent "dilution", and many many sources were deemed as either false, or not cited and just taken as is. There are a few concepts worth going over, especially for the newer investors who have taken part of this community, and for the more experienced ones, you are welcome to amend my list by letting me know.
This has been written in an attempt to not let new investors panic when "new information" arises, and to raise awareness of what is going on with HCMC and the associated terminology.
P.S. I have a TLDR in here for people who already know the definitions and want to skip
P.P.S. the tables I have added might not be fully visible on a mobile device, so if you want to have an in depth view of the numbers it is strongly suggested view this post on a computer instead.

2. Different Type of Shares and Dilution

These are a series of terms that are needed in order to understand the content of many sources, they are mostly pertaining to different share types and the mechanics of dilution.

  1. Authorized shares: are the maximum number of shares a company is allowed to issue to investors, as laid out in its articles of incorporation.
  2. Outstanding Shares: Shares that are issued or sold to investors from the available number of authorized shares are known as outstanding shares.1 This is the total amount of shares available to the public including employees and insiders.
    1. Restricted Shares: Stock owned by insiders, employees or major institutional investors, that is under some sort of sales restriction (such as a lock-up period - you cannot sell the shares until a certain date)
    2. Float: The term float refers to the regular shares a company has issued to the public that are available for investors to trade. This figure is derived by taking a company's outstanding shares and subtracting any restricted stock. 2
    3. Unrestricted Shares: When a lock-up period expires or a certain condition is met, restricted shares turn into unrestricted shares which in turn increase the float.3 N.B. Sometimes unrestricted shares are used as a term to indicated float + restricted shares that have been converted to unrestricted
    4. Shares Held at DTC: are the shares we can buy on our brokerage platforms such as Trading 212, TD Ameritrade, E*Trade, Charles Schwab etc. and represent the real float as DTC stands for Depositary Trust Company and most of the biggest broker-dealers in each country are DTC-participants. DTC offers settlement services for trading securities in the markets.
  3. Main Categories of Stock:
    1. Common Stock: (Ordinary Stock) is a security that represents ownership in a company, i.e. shares of a stock that we buy on brokerage platforms such as Trading 212, TD Ameritrade, E*Trade, Charles Schwab etc.
    2. Preferred Stock: are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued. These are different from common stock as they are issued primarily by banks and other financial institutions, and were originally intended as a way to raise capital without diluting value for their ordinary shareholders. Not the shares we invest in. 4Preferred Stock - Purpose:
      1. Access to dividends before common shareholders
      2. Seniority over common stock in the event of liquidation or bankruptcy (seniority in this case means that preferred stock holders get paid before common stock holders
      3. Limited upside potential/capital appreciation meaning they don't get to participate in the profits as much as common stock holders if the share price increases.
  4. Dilution: Common stock holders own the corporation, and dilution reduces that level of ownership. As owners, common stock holders benefit from corporate earnings through dividends and/or higher stock prices. Any security that reduces the ownership percentage of common stockholders is dilutive. 5Dilution can happen in the following ways:
    1. Issuance of New Shares (Dilutive-Secondary Offering or Follow-On Offering): involves creating new shares and offering them for public sale. This type of secondary offering happens when a company's board of directors agrees to increase the share float for the purpose of selling more equity. 6
    2. Through Convertible Securities: These are securities that have been already issued in accordance to previous filings that can be converted into common stock and have a dilutive effect even if no no new issuance of shares occurs.
      1. Convertible Preferred Stock: Holders of convertible preferred stock can exchange their shares for a specified number of newly common shares. Convertible preferred stock is dilutive since conversion increases the number of common shares, thereby reducing the ownership level of each. 7
      2. Employee Stock Options: are a type of equity compensation granted by companies to their employees and executives. Rather than granting shares of stock directly, the company gives derivative options on the stock instead. These options come in the form of regular call options and give the employee the right to buy the company's stock at a specified price for a finite period of time.8 Once these are converted into shares, they are dilutive.
      3. Stock Split: a stock split increases the number of shares by splitting 1 share of the company's stock into x shares, therefore diluting the shares.
  5. Accretion: is the opposite of dilution, whereby the it increases the level of ownership of a company by decreasing the number of shares outstanding. A company can accomplish this either through
    1. Share Buy Back: A share repurchase refers to the management of a public company buying back company shares that were previously sold to the public. 9
    2. Reverse Stock Split: a stock split decreases the number of shares by unifying 1 share of the company's stock into x shares, therefore decreasing the number of shares shares.
  6. Market Cap: (Market Capitalization) is the value of a all company's shares of stock and is computed as number of shares outstanding x current stock price

An IMPORTANT note on Dilution: A company has to file an 8-k (more on that later) in order to inform existing shareholders of dilution. Every dilution is done by expanding current outstanding shares ONLY. The theoretical possible maximum of shares is the authorized shares which is unlikely to ever be reached as one of the purposes of issuing new shares is to raise capital, so if a company would reach its maximum capacity (of authorized shares) it wouldn't be able to raise more equity capital without buying back their shares.

3. TLDR - Different Type of Shares and Dilution


  • Authorized Shares are the MAX total number of shares a company can issue ever

  • Outsanding Shares are the current number of shares available to everyone

  • Float = Outstanding shares - restricted shares (held by insiders or under lock-up)

  • Unrestricted Shares: is when restricted shares become unrestricted (may be used to indicate float + unrestricted shares)

  • Shares Held at DTC: are the real float for us as the majority of brokers-dealers are DTC-participants

  • Common Stock is what we all are buying on our respective platforms

  • Preferred Stock is are issued primarily by banks or other financial institutions

  • Convertible Preferred Stock is when preferred stock gets converted to common stock (causing some dilution)

  • Dilutive Events: Issuance of New Shares or through Convertible securities previously issued or stock splits

  • Accretive Events: (Opposite of dilution) share buy-backs and reverse stock splits

  • Market Cap: number of shares outstanding x current stock price

4. HCMC Share Structure - As of Feb 3 2021 at market close

Why are the above definitions important to understand? There has been a picture, or a couple for that matter that show the above terms applied to HCMC that have either been called "fake" or misquoted.
Disclaimer: All this data is directly from their website, OTC Markets data and Yahoo Finance from the date and time this DD will be posted, so please no comments on how the data is inaccurate, Reddit does not have dynamic tables that update themselves with the most recent prices. All further calculations will be explicitly shown.
  1. HCMC Share Structure from HCMC Website - Feb 3 2021 at market close
Authorized Shares. (Max. Shares Possible) [from OTC Markets]* 750,000,000,000
Outstanding shares 194,780,848,017
- Restricted Shares (Insiders only) 29,750,000,103
- Unrestricted Shares (float + restricted shares turned unrestricted) 165,030,847,914
Shares Held at DTC (amount we can access through our brokers)** 117,468,270,189
Closing Price $0.00165 (rounded at $0.0017 on website)
Market Cap unrestricted shares x closing price = 272.201 million
source: https://healthier-choices-management-corp.ir.rdgfilings.com/stock-information/
* https://www.otcmarkets.com/stock/HCMC/security
**https://www.otcmarkets.com/stock/HCMC/security
Screenshot evidence:
HCMC Website Stock Information - Feb 3 2021 5:00 PM ET
2. Yahoo Finance Data:
Below we will analyse the data directly from Yahoo Finance's website for HCMC:

Outstanding shares 105.11B
- Float (Outstanding shares - Restricted shares) 86.84B
Closing Price 0.00165
Market Cap 173.43M
source: https://finance.yahoo.com/quote/HCMC/key-statistics?p=HCMC
Screenshot:

Yahoo Finance - HCMC Stock Info - Feb 3 2021 5:00 PM ET
Why are we seeing differences in Shares Outstanding and Market Cap?
  • If we take a closer look at the notes on the market cap field (note 5) we can see Yahoo Finance's method of calculating the market cap: Shares outstanding is taken from the most recently filed quarterly or annual report and Market Cap is calculated using shares outstanding.
This means that the figure used for the Outstanding Shares has been taken directly form HCMC's most recent 10-Q filed on 11/18/2020 with the SEC. \*
\* The amount comes from page 3 of HCMC's 10-Q under the table name: "HEALTHIER CHOICES MANAGEMENT CORP. CONDENSED CONSOLIDATED STOCKHOLDERS’ EQUITY STATEMENTS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2020 (UNAUDITED)"
In terms of real float, i.e. shares accessible by us from our brokers (held at DTC)
the float accessible to us by our brokers is the shares held at DTC which is 117 billion
How much of a difference is there between the last company's 10-Q and the most recent data from the company's website?

Outstanding Shares (11/18/2020) - Official HCMC 10-Q 105.11B
Outstanding Shares (02/01/2021) 194.78B
Difference 89.67B
So we have an 89.67 billion Share difference between the two dates.
This has been due to convertible instruments being converted into stock, as illustrated in the CEO's message in response to the increase in shares outstanding.
3. Taking a look at the CEO's Message:

Message from Jeffrey E. Holman - HCMC CEO
As we can see in the CEO's response:" All shares issued over the past two months were done so pursuant to convertible securities previously included in our 8-K and periodic filings."
  • Therefore, the 89.7billion increase in shares outstanding was due to either:
    • Preferred stock converted to common stock
    • Stock options converted to common stock
    • or both.
  • The CEO also stated that the number of shares is updated on a monthly basis by the OTC markets.
  • Therefore, the increase in shares outstanding has been done in accordance with the previous filings before HCMC started to get all of this attention.
4. Conversion:
As stated in HCMC's 2020-09-25 8-k:
  • A notice of 20 calendar days must be given upon intent of conversion
  • This means that when any holder of a convertible security want to convert their instruments to common stock they would be required to send a 20-day notice period

What Does This All Mean?

Assumption
I will give my own interpretation of what happened, this represents my own personal opinion as I am not a financial advisor.
  • Given that Preferred Stocks grant you limited exposure to potential upside, this means that holders of Preferred Stock have their capital gains capped and therefore do not make money when the share price increase as they mainly receive dividends and have seniority over common stock
  • Given also Stock Options give you the right to convert the option to shares once a certain period has expired
  • The original date that Phillip Morris was supposed to respond to the lawsuit was end of January, it has been extended to the 26th of February on the 19th of January.
  • In order for holders of convertible instruments to converts these into shares, a 20-day notice period must be given.
  • As stated by the CEO, shares outstanding data is updated each month. As of January 2021 we had the original shares outstanding and as of February 2021 there was an increase due solely to convertible securities being converted.
  • Any material events must be disclosed in the proper filing, therefore there will be no dilution coming from anything other than convertible securities unless HCMC explicitly files the appropriate 8-k (relates to corporate events).
Tying Up All the Key Points
My assumption is, and again to reiterate, this is my own personal opinion after hours research, that:
The holders of these convertible shares knew that the lawsuit would be end of January. For several years the share price remained stagnant at $0.0001. The holders of the convertible shares gave a notice period 20-days prior to the lawsuit response because they knew something we do not or they were very certain about the outcome of the lawsuit (again just conjectures) that they wanted to convert their convertible instruments to common shares in anticipation of the share price increase we are seeing now and in anticipation of a positive outcome for the lawsuit.

This is just my own opinion, but if this does hold, it is very good news to us all, as insiders converted their instruments to common stock in order to ride the share price increase the same way we are doing, in anticipation of the response to the lawsuit.

The Shares held at DTC, the ones that we are allowed to trade on our brokers are 117 billion, as opposed to the outstanding shares of 194 billion.
References:
1. https://www.investopedia.com/ask/answers/011315/what-difference-between-authorized-shares-and-outstanding-shares.asp#:\:text=Authorized%20shares%20are%20the%20maximum,available%20number%20of%20authorized%20shares).
2. https://www.investopedia.com/ask/answers/what-is-companys-float/#:\:text=The%20term%20float%20refers%20to,some%20sort%20of%20sales%20restriction).
3. https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/free-float/
4. https://www.sharesmagazine.co.uk/article/what-are-preference-shares-and-should-you-buy-them
5. https://smallbusiness.chron.com/preferred-stock-dilute-common-stock-63841.html
6. https://www.investopedia.com/terms/s/secondaryoffering.asp
7. https://smallbusiness.chron.com/preferred-stock-dilute-common-stock-63841.html
8.https://www.investopedia.com/terms/e/eso.asp#:\:text=Employee%20stock%20options%20(ESOs%20are,to%20their%20employees%20and%20executives.&text=These%20options%20come%20in%20the,a%20finite%20period%20of%20time))%20are,to%20their%20employees%20and%20executives.&text=These%20options%20come%20in%20the,a%20finite%20period%20of%20time).
9. https://corporatefinanceinstitute.com/resources/knowledge/finance/share-repurchase/
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Post WWE Raw 1/25/2021 Show Discussion Thread

MATCH RESULTS
Winner Match Finish Loser Stipulation
Charlotte DQ when Nia attacks Charlotte Shayna Bazler
Charlotte, Mandy Rose, and Dana Brooke Count-Out Shayna Bazler, Nia Jax, and Lacey Evans
Nia Jax, Shayna Bazler, and Lacey Evans Leg Drop Dana Brooke, Mandy Rose, and Charlotte
Xavier Woods Shining Wizard Slapjack w/ Retribution
Sheamus White Noise John Morrison w/ The Miz
Miz and Morrison Skull Crushing Finale Sheamus
AJ Styles w/ Omos Calf Crusher R-Truth
Riddle Roll-up Shelton Benjamin, MVP, and Cedric Alexander Gauntlet Match
Alexa Bliss No-Contest due to Orton Asuka (c) For the Raw Women's Championship
IMPORTANT NOTES
* POLLS
Rate this week's Raw
Best match on this week's Raw?
SHAMELESS PLUGS
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As an extension to my DD yesterday, lets make sense of todays psy-op

Disclaimer: I am not a financial advisor. I do not recommend any position here. Everything here is speculation and my personal opinion and not to be construed as factual in any way. I may not be correct on some of my numbers. Do your own research before making a play.

Link to previous DD: https://www.reddit.com/GME/comments/lgo0f9/im_going_to_ely5_the_situation_were_in_from_a/

So I'm at the point where I don't even care about the data, all I really care about right now is studying their moves (i.e. psychological attacks) and reading the chart. It's best of we keep things as simple as we can and not over analyze things.
So, what happened today?
Today, there was a small blip up and down in the morning, a consistent, steady pattern to the peak, and a steady pattern back down. Volume was higher on the upswing than the downswing, and the downswing happened 15-20 minutes after the news was released that Fidelity exited their position. As a side note, on WSB all GME talk was concentrated to one non-stickied thread and the "new rage" is all about weed stonks. Lets break this down into key points (bold is TL;DR):
1) I suspect the price action today was completely controlled by the shorts. Just looking at the price action with no other context, it just looks fishy. The way I am reading the chart is they are progressively covering, and shorting, and covering again as to not build buying momentum against them. Then at 1:07, release some "bad news" about Fidelity, give it 15-20 minutes to spread to the plebs, and then start to drop the price to trick people into selling. But if you look at the volume on the downswing, ain't nobody selling. It is a pathetic attempt to shake people. Here is what the chart today looks like:
just look at the smooth line up, and the smooth line down

2) The changes to WSB today are obvious. So after the bad news comes out for the hedgehogs in the form of SI, they need to up their control of WSB to help stop the bleeding. So they pump weed stocks and SNDL and quarantine GME to one non-stickied thread. Hopefully the dumb money will sell now! 🤡

3) The Fidelity article is fake news, literally. I might not be 100% accurate here, so please someone correct me if I'm wrong and I will amend this post and/or provide sources. But what I understand is that the data referenced is included in the Jan 29th FINRA report for SI. Also, it is incredibly misleading because Fidelity actually increased their stake. Really, this is old news and irrelevant and they are grasping at straws by bringing this up. Honestly, it's kind of pathetic.
EDIT: sauce- https://www.reddit.com/GME/comments/lh75kf/about_fidelity_13gs/?utm_medium=android_app&utm_source=share

4) AMC and GME are continuing to follow the same pattern. This isn't something I care to follow too heavily, but I noticed that the AMC chart was a little less concise as the GME chart. I suspect there is more liquidity in AMC which would account for a less linear rise and fall. More evidence of manipulation.

5) GME is inversely following SPY. This is indicative of rebalancing to finance their GME position. This tells me they are bleeding. Here are the two charts, see for yourself:

GME

SPY

6) Liquidity is bone dry. I highly recommend purchasing level 2 data if you can, because the tape tells a story that you won't get through any other means. The bid/ask spread is always wide and even the smallest amount of buying volume sends the stock flying. If you watch the tape, you can literally see when and where they are defending the price from exploding. Everytime they do this, they dig their hole deeper. Low liquidity is the most bullish sign for the squeeze there is. If a big dick buyer comes in tomorrow or Friday then the gamma squeeze would be epic and the shorts would be fuk. Side note that just by looking at the 1 minute chart, you can see the lack of liquidity. The damn chart looks like a crypto chart with tons of near-0 volume doji candles.

That is the gist of it. Overall, their desperation is palpable but it is so easy to diagnose. It also seems like they are in complete control of the price, but we are in complete control of the shares. So, where do we go from here?
Well, it still stands to reason that the shorts want to report a good SI from Fridays settlement date. However, they probably know that a large amount of covering will cause the price to skyrocket very quickly. So that is the conundrum the shorts are in.
My prediction is one of two things happen:

1) Shorts attempt a controlled cover to 100-200 and liquidate a lot of other positions to fund a short attack to keep the price as low as they can.

2) Shorts say "fuck covering" and continue to try to keep the price low and manipulated. If this happens, February 24th is a key date.

What am I doing? I am holding on to my shares obviously, and today just added 3/19 500c/800c spreads (cost basis $39) and 3/19 550c (cost basis $110). My thought being that if they continue to kick the can down the road, GME earnings might prove to be a catalyst.
Please poke holes in my reasoning and challenge my thoughts. I want to be wrong.
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GTA Online Mega Guide and Weekly Simple Question Thread

Looking for friends to play with? Join the GTAOnline Discord server!
READ BEFORE YOU MAKE A POST ON /GTAONLINE**:**

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Platform Method
PC https://bit.ly/PcScreenshare
PS4 https://bit.ly/PS4ScreenCapture
XB1 https://bit.ly/XboxCapture


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Platform Method
Any unplug router method
PC port blocking method - task manager method
PS4 MTU method
XB1 MTU method - NAT method

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Weekly Money-Making Methods - Updated Weekly!

Any level of experience and money:
I am a new player with low experience and money:
I am a returning player with decent game experience and money:
I'm a millionaire already, just give me a grind:
I'm a solo player, how can I maximize my profits?

Leveling RP

Further Money Making Info
What's New? Recent Major Content Updates
June 2017 - Gunrunning FAQ by L131
August 2017 - Intro to Smuggler's Run by Psychko
December 2017 - Doomsday Heist FAQ
July 2018 - After Hours/Nightclubs FAQ | After Hours Guide by Dan6erbond
July 2019 - Diamond Casino FAQ
Vehicles and Properties
Tips and Tricks
Just For Fun
Useful Tools
If you know a post that should be included in this guide, message the moderators.
submitted by BryonyBot to gtaonline [link] [comments]

GTA Online Mega Guide and Weekly Simple Question Thread

Looking for friends to play with? Join the GTAOnline Discord server!
READ BEFORE YOU MAKE A POST ON /GTAONLINE**:**

Screen Capturing
Platform Method
PC https://bit.ly/PcScreenshare
PS4 https://bit.ly/PS4ScreenCapture
XB1 https://bit.ly/XboxCapture


Solo Public Sessions
Platform Method
Any unplug router method
PC port blocking method - task manager method
PS4 MTU method
XB1 MTU method - NAT method

Making Money

Weekly Money-Making Methods - Updated Weekly!

Any level of experience and money:
I am a new player with low experience and money:
I am a returning player with decent game experience and money:
I'm a millionaire already, just give me a grind:
I'm a solo player, how can I maximize my profits?

Leveling RP

Further Money Making Info
What's New? Recent Major Content Updates
June 2017 - Gunrunning FAQ by L131
August 2017 - Intro to Smuggler's Run by Psychko
December 2017 - Doomsday Heist FAQ
July 2018 - After Hours/Nightclubs FAQ | After Hours Guide by Dan6erbond
July 2019 - Diamond Casino FAQ
Vehicles and Properties
Tips and Tricks
Just For Fun
Useful Tools
If you know a post that should be included in this guide, message the moderators.
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