Infopost | 2023.01.24
Financial stuff from yesterday and today.
Editorial | 2022.12.16
Memelords and bad photoshops.
Storypost | 2022.06.07
I hit the big one. Luckily this game is co-op so I didn't have to do it alone.
Infopost | 2022.05.24
A few weeks ago I talked about real estate, margin loans, and Elon Musk
. I wasn't entirely convinced by a WSBer's assertion that we were headed for another real estate meltdown, though I think a market and real estate pullback is long overdue. Nothing has kerploded, but there's another chapter in this saga. (Fair warning: this post has plenty of other people's crude language and usernames.)
I was originally skeptical about Elon's bid for Twitter. Then it got kind of real. Then the wheels fell off. I won't try to recap all of the twists and turns, but TSLA has been drilling and that might impact Musk's margin loan
. He might just qualify to be a WSB mod.
Storypost | 2021.11.07
After a covid year off, Friendsgiving returned
to San Marcos where we squeezed eight families into a not-particularly-code-compliant VRBO. The last part isn't all bad; it meant there was a 30' waterslide and we could play Danger Pong.
There were a few other WSB memes
I considered - a Wendy's bag, an ape costume, an ornamental gourd - but I simply didn't have enough hands.
On the subject of WSB...
Storypost | 2021.07.12
Well, we still don't have flying cars, but it looks like space tourism has finally arrived
...WSB was split down the middle between the "to the moon" crowd and teams Bezos and Musk
. Now, word is Elon was at the launch and has put in a rezzie for a Virgin flight, but that wouldn't stop his fanboy legion. Branson said that space tourism has room for twenty companies, or something like that. So why was Blue Origin so salty?
WSB SPCEbears were pretty smug about the dilution, claiming they had called it. In reality, there was only talk of a "pump and dump" (it wasn't a pump and dump) and "priced in" (it wasn't priced in, my put premiums can verify). The dilution could have been anticipated, having watched GME and AMC mint new shares with their meme value. While SPCE isn't a meme stock (though it has similar fundamentals), it makes sense that they'd want more capital to progress to the next stage, whatever that happens to be
Infopost | 2021.07.04
Big moves this week for the two tickers I've been following most closely. First, some (dark) giggles about a company I don't go near in any sense:
While the LMC discussion has mostly been confined to the LMC sub and the occasional WSB post that is immediately taken down, /r/thetagang provided a substantive discussion on the state of the company
on a post that predated this week's news.
Storypost | 2021.06.25
A lot going on in this one, here's a quick table of contents:
So the fanboys, the astroturfers, and the bagholders converge on /r/LordstownMotors. They rally around the occasional WSB post, all jumping in to downvote skeptics
and provide canned responses when someone points out a negative headline. The amusement value has kind of declined as I've seen the script get worn out. Here it is:
While Cramer seems to play the love/hate game with WSB, Charles Payne has consistently (well, as consistently as I've seen clips) defended retail.
Storypost | 2021.04.08
The WSB v. hedgie class war briefly took a back seat last week as an unrelated institutional investor caused Morgan Stanley and Goldman Sachs to do a Margin Call LARP
...WSB has long been fanboys of Tesla/Elon
and, since it's the internet, they like calling bullshit on things. So the Hindenburg piece was well-liked, contrary to the CNBC-propagated idea that WSB is totally against short sellers and just wants to take down hedgies.
I haven't done any research on RIDE. I did some on NKLA and made money on puts back in the olden days. Regardless of whether Lordstown is legit or a Theranos-level bamboozle, there's some pretty clear astroturfing disguised as DD or, at the very least, extreme fanboyism. In the Nikola days, it was pretty low effort - there was a Nikola sub that occasionally took the bait and ventured into WSB for mockery. Now that WSB is prime time, it looks like companies are throwing legitimate money at "viral marketing" that might just turn into a huge investment boost (see GME's new offering)
Review | 2021.03.15
I had put my max difficulty/evil plot arc Fire Emblem playthrough
on ice so that I had something to do on flights and layovers for our Jamaica trip.
Over the weekend, some WSBers decided to take the "we're ape investors/strong together" meme and use it for good.
Storypost | 2021.02.09
Failing miserably is something that everyone does from time to time. They either obsess over it or pretend to grow from it while quietly obsessing over it. Sometimes the fails aren't of the "I did the right thing and didn't succeed" flavor but more of the "I know better but still did it" flavor. The beginning of February has been pretty faily in kilroysville
, but I see it as an opportunity to grow.
But first, since the last few posts followed the GME saga
, I'll provide yet another recap from the trenches of the occasional WSB post sorted by best.
Indeed, WSB traditionally does higher-frequency options trading, so holding GME has left lots of time for memeing
. One riff on the above:
More manipulatively, CNBC and other outlets pushed a story about WSB pumping silver. Of all conspiracy theories, this seems to have the smokiest gun
. Either several financial news sources were independently super-eager refreshing /new (and missed some of the other meme stocks) or they were asked to falsely attribute a silver frenzy to Reddit.