That canary isn't singing anymore.If you don't leave the mine right now, you'll be next.
They bought into retarded ai hype , thinking they can manipulate market and get into the circular investment bullshit the ai and cloud giants are doing in america but they forget they are no nasdaq.
>>539338639There are 14 million retail investors trading stocks in South Korea.And a large number of them are recklessly using leverage, all in the hope of getting rich overnight.As a result, 1.4 million stock accounts were hit with margin calls.They lost everything overnight.
>>539338945nobody cares VPNigger
>>539338079half of their market is Hynix and Samsungalso when plebs tell you to leave the market it's probably a good time to get in
>>539338945and it's a good thingcorrection was needed
>>539338945These fucks probably sold their buttcoin to get into this , I think some of the ai investment watchers also seen/read the financial reports that these korean memory makers were also suspicious in going crazy expanding just to slurp in the ai grift. Now china is in the dram business as well.
>>539338079Can someone explain stocks to me?You buy a “stock”, the stock isn’t a thing, it’s just a concept. The value of it goes up or down based on market forces, others buying it or selling it, and maybe other people will sell it if they think the company will go bust or something, but mostly a stocks value is based on what everyone else expects everyone else to do with theirs, and it doesn’t really help a company for their stock price to be high, because what will they get to do with that extra money? Nothing much unless they themselves own the stock in the company they work for/own? I can’t see how the business interacts with the stock in a meaningful way.Is it literally just gambling?
>>539339369>Is it literally just gambling?Yeah, if youre using leverage or simply just borrowed money from somewhere to finance your buy. This was one of the reason muslims here reluctant to join in this stock market bullshit, though some people do join but dont really go out of their way to borrow or sell shit just to get involved and do some due diligence on the company. Also why the chinese (china) stock market is small, but its mostly because they prefer assets (land,gold, buildings,etc2)
>>539339369In an unkiked world, a company sells shares (stocks) to a person to obtain money from that person to further invest it and use it to grow bigger.The person who holds the stock, is supposed to receive some part of the profit the company obtains from using that money to grow itself, called dividends.However, in a kiked world, the profit is not shared anymore or the dividends are too low compared to the stock value, so everyone uses stocks similar to a ponzi scheme, buy low sell high, like some crypto shitcoin.
>>539338079They lost their foreskins because of the Americans, and they will lose their livelihoods also
>>539339369>Is it literally just gambling?Yes, if you can accept that you actually have a lot of mental armor going forward and are less likely to fall into retarded phases. I made some money on drones/war stuff years ago 10x-ed some stuff, but I had a shit job so small returns, made about 8,000 dollars still, not bad but when Armenia and Azerbaijan had that war I knew drones were gonna get huge because of how decisive they were, now everybody knows that, see, so it's priced in.... but stocks in that sector did well. I made a gamble but I held those stocks for years and at one point, a drone related stock went down 80% from when I bought it, but I held on because the company was solid enough.Anyway, stocks can be fucking stupid, there's another Australian company Paladin (ASX:PDN) that by all metrics, SHOULD be doing great guns, but because of that, because it's so big and doing well, short sellers keep shitting on it's chest, because if you have heaps of cash you can just fuck with stocks like that and it changes the price, so glad I got out of that one. Anyway, my only advice is when you buy try and imagine holding it for a year or more, day traders get their organs torn out all day long and it's a recipe for stress. Just ask "does the product make sense? will there be demand?"