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Krulo

@krulo2008

Accounting student | Exploring AI

Entrou em Eylül 2023
16 Seguindo9 Seguidores
Krulo
Krulo@krulo2008·
Why wouldn’t some other flight company just buy it?
R A W S A L E R T S@rawsalerts

🚨#BREAKING After 34 years of service, one of America’s most recognizable low-cost carriers Spirit Airlines has officially shut down its operations permanently leaving more than 15,000 people without jobs and leaving numerous passengers stranded All flights have been canceled, and customer service systems have gone offline

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Krulo
Krulo@krulo2008·
Quantum will be able to do some crazy stuff, i’m curious what kind of future it will be Kind of scary…
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Krulo
Krulo@krulo2008·
@_toj27 Alright then, but any Quantum companies that you would recommend?
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Toj
Toj@_toj27·
@krulo2008 I see you're an accounting student so a recommendation for you would be to take your time to understand an investment before chucking money at it
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Krulo
Krulo@krulo2008·
I’m thinking to buy some Quantum stocks, because that’s definitely the future (unless it’s a bubble) 📈📉 Any recommendations?
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Krulo
Krulo@krulo2008·
@grewbrew What is the reason for choosing exactly this company
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Krulo
Krulo@krulo2008·
@keokanden Why ? If they do don’t even do anything with Quantum
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Krulo
Krulo@krulo2008·
The movie is so good 🍿 🎥
Jeremy@Jeremybtc

A financial analyst turned $53,000 into $48 MILLION posting stock tips on Reddit from his basement. He nearly broke Wall Street doing it. > In September 2019, Keith Gill was a 34 year old financial analyst at MassMutual earning a regular salary. > Under the username DeepFuckingValue on Reddit and Roaring Kitty on YouTube, he posted a screenshot of a $53,000 bet on GameStop. > A dying video game retailer that Wall Street had been shorting into the ground. > Gill had spotted something. Hedge funds had borrowed and sold 140% of GameStop’s available shares. > Mathematically impossible to cover without buying every share back at any price. > For over a year, he was ignored. His posts were downvoted and mocked. > Then in January 2021, Reddit’s WallStreetBets forum discovered his position and started buying. > GameStop went from $4 to $483 in three weeks. The short sellers were trapped. Every dollar the stock went up cost them more money. > Melvin Capital lost 53% of its fund in one month and had to be bailed out with $2.75 BILLION. It shut down completely in 2022. > Total hedge fund losses exceeded $20 BILLION. > Roaring Kitty was streaming the entire thing live on YouTube from his basement, wearing a red bandana, drinking from a cat mug. > By January 27 his $53,000 was worth $48 MILLION. > Then Robinhood froze the buy button. The sell button still worked. The stock crashed within hours. > Robinhood’s biggest customer was Citadel. Citadel had just bailed out Melvin Capital the same week. > Congress called emergency hearings and subpoenaed Gill to testify. His entire opening line was five words. “I like the stock.” > Hollywood made a movie about him called Dumb Money. Netflix made a documentary called Eat the Rich. > He disappeared from the internet for three years. > He returned in May 2024 with a single meme posted on X. GameStop pumped 50% on the news he was back. > Days later he revealed he had quietly built a 5 million share GameStop position worth $180 MILLION during his silence. > His net worth peaked at $289 MILLION. > A guy in a basement saw what every hedge fund analyst on Wall Street had missed. > He posted it for free on Reddit. The system that called him an idiot ended up rewriting its own rules to stop him.

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