I'm taking that as definitely yes.
trading 212 on your mobile
- Thread starter luka
- Start date
IdleRich
IdleRich
I dunno if anyone will remember this, but my former colleague was trading VW and Porsche options at this time... made a LOT (tens of milions) for his company, then decisions that he blamed on them gave it all back and more... they fired him, he took them to court, but eventually gave up cos he was paying ridiculous money to lawyers who couldn't grasp the basics (EDIT: obviously that's his side of the story. But it did kinda ring true, this kangaroo court in which when he protested that he had advised against following the course they ordered him to warning it would cost 30m euros, he said "Did you want me to do what you said with the position or did you want me to make money?" and they replied "We wanted you to do both" - the kind of pigheaded stupidity that is all too believable).
Anyway, if you got mixed up in this market without understanding what you were doing you could have easily lost everything you had is my point.
Short sellers make VW the world's priciest firm
Volkswagen <VOWG.DE> briefly became the world's biggest company by market value on Tuesday, as short sellers caught betting on a price drop with borrowed stock scrambled to find shares after a buying spree by Porsche <PSHG_p.DE>.
www.reuters.com
entertainment
Well-known member
this is very interesting this. it feels tectonic, fundamental assumptions about money and society being moved around.
something in the ethos of wsb. something has turned. they honestly don't care about the money.
it feels historic but I can't quite put my finger on what.
something in the ethos of wsb. something has turned. they honestly don't care about the money.
it feels historic but I can't quite put my finger on what.
entertainment
Well-known member
nah nothing like that. i think the brokers and legislators will side with the major institutional players and they will manage to thwart it. but I don't know what happens after that.
entertainment
Well-known member
maybe everything will just seem a bit more absurd. fits in to the current way of things.
shiels
_
Its hard to determine the impact at this point but it does feel significant... the distortion and strange inversion of value. They’re prioritising banter and the community over personal gain, very difficult to manage. A new weapon emerges. Like anti-capitalist suicide bombing but only millionaires get hurt. 4chan has this unhinged collectivist drive but this is different
entertainment
Well-known member
Yes exactly what I mean
I've been eyeing palantir for some time. Cute logo.
shiels
_
Have you been looking at psychedelics @146 I.Q. Magical thinker $$$$$ 🧠
No. It will anger the entities and I plan to meet them again.
shiels
_
No this idea of separation between spirituality and economy is flawed and leads to all manner of evil. It splits the whole, ask @thirdform.
