me tweeting this and then spending $18 on 1 AMC stock as a bit: 


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Your boyfriend is one of my favorite people in the world but I think you need to be supervising him right now
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im lolling bc its true
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This tweet just stopped me from signing up for Robinhood.
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How shorting works: Me: Hey neighbor, can I borrow a cup of flower? Neighbor: Sure! Me: [Sells cup of flower for $1] Market: The price of flour is now $0.10 Me: [Buys a cup of flower for $0.10] Me: Hey neighbor, here's that cup of flower I borrowed. Me: [Pockets $0.90]
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Shorting only works if the price drops. In the scenario above, what would have happened if the price went up to $2? I'd be screwed, right? I'd have to find another dollar somewhere to rebuy the flour and pay back the loan.
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I just checked r/wallstreetbets and there was a post saying “I don’t get paid until Friday, do you think this will still be going on”
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This properly made me laugh out loud. Good work.
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Prayers to the single girls who now don’t have rich boyfriends that won risking it all
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They wouldn’t have won shit if they shorted
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