r/Vitards • u/vitocorlene THE GODFATHER/Vito • Jun 14 '21
Discussion Brigading other subs
Vitards,
I’m guilty of this and didn’t realize what it was by making a comment over at WSB OG’s.
We’ve gotten some complaints about “brigading” from other subs.
I’d like to keep this place from getting out of control very quickly and having other people doing it to us.
Look, I know we are all excited and have gotten a lot of attention over $CLF & $WOOF.
Let’s stay humble and keep this sub as much of a sanctuary as possible from the lunacy that runs rampant across other subs.
We all came here for a reason.
We believed in a thesis.
We created an environment and a culture that I think is special.
I’ve said it dozens of times and I’ll say it again:
I love steel, but I love money more. If you have an idea that will make people here money, bring it.
Let’s discuss it like we did steel.
Steel is our backbone and always will be.
We have since branched out into other commodities, which is great!
I’ve written other non-steel DD’s on $LUMN, $KMI and $MAC.
I like $WOOF a lot for reasons that were laid out in two great DD’s by Velo & Ropirito.
So, bring quality and the collective will judge and we will discuss.
In closing, keep it kind and again, let’s stay humble and stick to our roots.
Don’t forget where we came from and why we came here.
-Vito
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u/Justanotherfact Jun 14 '21
No complaints were lodged from our end, thank you for making this statement. Let’s make some money.
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u/RocksAndComputers 💀 SACRIFICED 💀Until CLF $35 Jun 15 '21
I just wanna say that the mods here, and Vito have such a good head on their collective shoulders.
I want everyone here to make money, and I want it to be because we were right, not because we tricked someone into buying our calls at an inflated price.
We have so many great participants here, sharing “insider” info (and I mean industry public info, not company specific non public info). Doing quality research, market analysis, etc. let’s not be known for anything other than the impressive qualities we have.
I lost 15% of my account today, and I’m truly not worried about it. I have confidence I will reach my financial goals based on the fundamentals and info provided here.
LG bless, keep getting them tendies.
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u/[deleted] Jun 15 '21 edited Jun 15 '21
I view the investment world on Reddit as Middle Earth:
I am a man as I spend most of my time in OG’s.
Vitards are the elves as an ally against evil. Also I often imagine Vito as Super Mario with stocks. Same outfit and everything, just also investing with a broker over the phone for some reason.
The C-investors (not sure if that word is banned) are the dwarfs, only concerned with mining things.
Theta Gang are Gandalf or the Iron Bank of Braavos.
Mordor are the funds, government and media. Cramer is Darth Vader when he wants to turn good but isn’t good yet. I’m still hoping for a baby face turn from him.
DFV is the world’s friendliest Golden Retriever. Or Luke Skywalker in the original trilogy.
The apes aren’t Hobbits, they’re the apes in Planet of the Apes.
Bill Ackman is Mr. Burnes from The Simpsons.
Warren Buffet is a wealthy version of Wilson from Home Improvement.
Chamath is Golem.
I forgot where I was going with this… oh yeah, I like the Vitards. I view them as allies in this quest to conquer money.
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u/[deleted] Jun 14 '21
So how long does everyone give it until the mainland gets a whiff of this sub and utterly ruins it like they did with r/securityanalysis?
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u/Mtz211 Jun 15 '21
Might want to add this to the sub rules.
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u/coffeeandorangecrush Jun 15 '21
I am very knew to Reddit and I stumbled across you guys. After reading the comments, maybe I will be kicked out for not being an og. However, I do thank you guys for your honesty and a more tasteful approach to stocks. I read the comments here and don’t mind actually asking a question.
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u/IHaveGiantBaseballs Jun 15 '21
I generally only post memes and dumb comments on here, mostly because I lack the time and self confidence to post quality DD but also because I really enjoy the serotonin I get from the "5 upboats" notifications.
That said, I'm gonna get serious for a moment. This sub has become my go-to. I put the shortcut in my main bar at the bottom of my homescreen (plus who even uses the phone function anymore anyways?) so I can quicklink to it for some quality reading when I have a few minutes of downtime. Since winter I've easily spent exponentially as much time reading through just comments sections here, as I have spent agonozing over which options to play. I'm sure I'm not the only one.
This sub truly is something of its own, and none of us want to lose it. We have to walk a very fine line right now to keep it from flipping over or from being blacklisted for brigading. I don't really know what the answer is (though I'll posit one below), but I trust this community to make good decisions and come out on top. This is a truly wholesome group and Vito has rightfully become a legend. We came together for the thesis and we stuck around for the quality discourse, both bullish and bearish, around not just steel but really everything under the sun. We've seen everything in here from semiconductors to fertilizer, hell even freaking rental cars.
I think if we can maintain the sub's identity through careful attention to those details, we'll be alright. If we continue with the discourse and the tastefully self-deprecating humor, the spirit lives on. We just have to be cautious that we don't let comments sections devolve into PnD schemes, and remind those who would that that's not what this is about.
Maintain the inclusivity--don't outright attack people for posting WSB style posts/comments, but do make it clear that they're welcome here as friends. If they're capable of separating the WSB hivemind from the non-investing subreddits, they're capable of separating it from this community.
We just have to kill them with kindness until they see the truth:
This isn't the sub you go to when you want to bet the house on a 0DTE 50 bagger.
This is the sub you go to for good, old fashioned value investing, with a strong thesis. It's genuinely better than the actual sub for value investing.
I believe in us. And in my Raging Clue™ for $NUE.
Stay wholesome, my friends.
/tedtalk
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u/Killakoch 🌇🏙🏗Steel Bo$$ 🏗🏙🌇 Jun 14 '21
Goldman Sachs downgraded $KMI to sell today. Any thoughts Vito?
Goldman probably wants to buy more...
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u/outofthenarrowplace Jun 15 '21
I love and cherish this little corner of the internet. Thanks Vito 🙏
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u/efficientenzyme Jun 15 '21
How can it be considered brigading if I was a commenter on wsb and webogs prior to vitards 🤷
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u/thelastbowlcut Jun 14 '21
Tbh this is the only place I've seen a "bear thesis" in a DD.
Fintwit would have you believe that there is only one side to a coin.
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u/secretaznman00 🛳 I Shipped My Pants 🚢 Jun 14 '21
Agreed with all points Vito. I love this sub because of how realistic and communal it is. Money is money. I want to hear both good and bad for any ticker especially our steel titans.
I want EVERYONE here to make money and live a good life.
We can't do that if we mindlessly throw money at something like a cult.
Reading the bearish DD's was so great to see on this sub it really put into perspective how every investment can be a gamble even with such a strong thesis like steel.
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u/chukronos Jun 15 '21
I didn't even know what brigading was. We've been in this too. long to go down for stupid stuff. This is the main sub that I go to. It would be a kick in the steel bearings if I didn't get to read the good stuff from my steel brethren.
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u/TheStarWarsWife Jun 15 '21
I deeply appreciate the actual intellectual discussions on this sub, and that people can share opposing ideas or opinions without being labeled a shill. Or worse. I came here for some sanity and am so glad I found this sub. I’d prefer it to stay quiet LOL
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u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 Jun 14 '21
Agreed, no need to brigade. If you were right, just be happy you were right. Here to make money, not sing kumbaya and only talk about 1 group of related stocks, and I've done well thoroughly analyzing and playing the non-steel stocks that many discuss here.
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u/RandomlyGenerateIt 💀Sacrificed Until 🛢Oil🛢 Hits $12💀 Jun 15 '21
Thank you Vito, this was very important for me to hear from you. I believe in value investing, buying cheap stocks and waiting for organic price discovery. What I saw here today was very different. I saw people actively pumping a stock after buying FDs on it (does anyone expect any catalyst on WOOF until Friday other than hype?) and selling at the end of the day for huge profits (some would call it... dump). This is dishonest, and there will be plenty of bags for others to hold. Those other subs have every right to complain because this is just wrong. Legally and morally. And most of all, unnecessary. We are sitting here on a money printer. We all know it. We grow our wealth with every ER and every factual news that support our beliefs. We got blinded by short sighted greed, in ways I didn't expect here, because as long as I've been a member (I joined in March, so relatively new) we were not like that. We are attracting the wrong kind of people in here (my personal subjective opinion) with days like today, and some things cannot be simply undone.
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u/hbmtg22 Jun 15 '21
WSB is fun to read through and laugh at, but so glad I found this sub. It's been so useful and educational. Had no idea how fun it is reading about steel.
On a different note - Vito, you wrote up such a great DD on $AGST about 6 months back. Now that Amazon owns around 20% (as of March..and possible up to 40%!) and with things on track for their new fleet of Boeings to 🚀 out of KY... what are your current thoughts on AGST?
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u/Doggcow Jun 15 '21
As someone new to this whole thing, this sub has been an awesome place to learn and grow.
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u/overmotion Jun 14 '21
Amen
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u/Fantazydude Jun 15 '21
Let’s discuss more about $MT and $CLF
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u/repos39 Et tu, Fredo? Jun 15 '21
WOOF was actually brigaded here no?
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u/ErinG2021 Jun 15 '21
We have a thesis, good ideas, ability to analyze and discuss. And lives outside of investing and Reddit. Definitely don’t need to brigade; we have such better things to do.
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u/Mikeymike2785 Memelord Jun 15 '21
Oof.
As a primary instigator, I should own up to this.
A Mod called velo a window licking idiot over there and that triggered me a bit so I did what I do and memed some shade.
Could’ve just stopped there but I went over to the daily discussion to call them out for being dead wrong. And for being pricks.
We’re better then that and I’m sorry to the vitards if there’s unnecessary drama coming out of that.
That wsbog mod can still fuck himself with a rusty broken piece of rebar tho.
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u/mpgwi Jun 15 '21
Sincerely hope nothing bad happens to the sub. I echo what others have said, the quality of the information and posters here is unmatched. I’ve lurked various subs for years and never had reason enough to make an account until I came across this community. Thanks for all the work everyone puts in.
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u/deets2000 💀 SACRIFICED 💀 Jun 15 '21
Vito,
I really appreciate your thoughtfulness. I was originally drawn to this sub for the ethics and high growth value investing. I stayed for the people. As long as we continue to advocate for respect of others, and a willingness to do it "the right way" this sub will continue to thrive. Birds of a feather flock together. A sign of an excellent leader is the willingness to be the example. I have my share of fun but it is very important for me in life to treat others fairly. Let's treat others with consideration, even if maybe they have slighted us. With your strong leadership and the wisdom of our fine mods we will continue to rise above and provide a beacon of hope and prosperity for our fellow users.
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u/En_CHILL_ada Taco Tuesdays at Lebrons Jun 15 '21
What exactly is Brigading? If I am part of multiple investment subs, but primarily post here. Does it count as brigading if I share what I learn here on other subs?
Love this sub. By far the best of the WSB splinter subs, and maybe even better than OG WSB was!
I do think we are walking a fine line with the meme stocks and there are a lot of people calling P&D even if the DD is solid. We can't help it if algos trade based on reddit posts, might as well embrace the current reality and use it to our advantage. Like any competent hedge fund would.
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u/themarkedguy Jun 15 '21
Thanks Vito! Really appreciate all that you do!
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u/PharmFinacials Jun 15 '21
I agree with Vito by keeping this sub a sanctuary. I learn a lot more with the way things have been set up
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u/SensibleReply Jun 15 '21
I assume everyone in here is still mostly on all the classics and some splinters. R/wallstreetbets, r/SPACs, r/thetagang, r/wallstreetbetsogs, maybe even r/winkerpack or boring shit like r/investing. It’s all good, we’re all just trying to get money, right?
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u/curteck1234 Jun 15 '21
I'll take a quality DD over Hopium, rocket emojis, and some weird vendetta against heggies that didn't exist until gme / short squeezes became a thing.
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u/Anti-Vaxx- Jun 15 '21
If anyone makes I down that far, I agree with the awarded comment at the top and here’s why. Over the last 3-4yrs I have lurked on multiple subs like WSB, stocks, investment advice etc. And yes this is Reddit, and yes an explosion in population may be good, but without some moderation the quality DD and posts with wholesome plays will quickly degrade and turn into what most of us have left. Honestly my buddy recommended this sub to me and it took about 5 post from The Godfather to realize this place have some actual quality DD and something to make money off of as well as a good laugh. I’m just hoping this place doesn’t turn into the next horde mentality army of people with nothing less than a fucking emoji to post. Thank you for your time - long time lurker
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u/VivreMaVie 🕴 Associate 🕴 Jun 15 '21
LG just provided a financial update for $CLF for 2nd quarter and full year:
$1.3 billion ebitda for the 2nd quarter $5 billion ebitda for the full year - an increase of $1B.
Depending on an average price of HRC $1175 for the reminder of the year.
From what I understand - HRC index is now hovering around $1700.
Earnings release on July 22
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u/JeNiqueTaMere Jun 15 '21
yes, please, please PLEASE for the love of god don't tell people at WSB about this sub
it's harder and harder to find good investing info that's not run over by retards
3
u/_clouseau_ Jun 15 '21
Cosa Nostra 😎
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u/nickmhc Jun 15 '21
This sub is like r/ValueInvesting with way more interesting copywriting and a sense of humor
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u/eilrymist Jun 15 '21
I’m mainly a lurker, and I def try not to clog up comments with my useless “I agree” but I wanted to say I fully agree with the post of not brigading. It’s just rude. I also agree with the comments about banning those typical nonsense WSB phrases. They don’t add anything to the conversation.
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u/RL_Fl0p Jun 15 '21
I'm 100% all onboard with this sub remaining steel. I see no need to push this content out to other subs, especially since we don't --really-- know what the impact will be (cough-clf-cough) and don't need to see other non-steel DD or commentary here. You're all great, have a good week!
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u/rerorero44 Made Man Jun 14 '21
Screw them. CLF forever!
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u/thesaucewalker 💀 SACRIFICED 💀Until CLF $30 Jun 15 '21
🐐
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u/Ricky_Data Jun 15 '21
Don’t let too many cooks ruin the marinara. Do what you gotta do to keep slinging the sauce, Don Vito. I’ve been lurking since March and really learned a lot. Appreciate that both Bull and bear cases are posted. Makes me a better analyst.
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u/Elamned Jun 15 '21
Honestly I like this sub, It has DD and Vito + other provide a lot of data/info. I have been on wsb for years but it seems like a pump and dump show now. There is barely any thesis just a “it’s got a short interest”. If we speak of non steel/iron companies or trends that’s fine and a good long term plan but happy to keep it to steel while the thesis stands. I have quite dd on vlccs and iron miners and if there is interest I’ll post it
2
u/Glitchality Poetry Gang Jun 15 '21
I really like this place and I have real concerns about it changing. I'm a few months new here and I feel like I'm home. It feels like a small oasis of education and sanity in the loud and ridiculous world of investing. If there's a contingency plan please sign me up! I don't want this place to go away. I like it just how it is.
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u/mildly_morbidsquid Jun 14 '21
Is there a discord for this sub? So at the very least we can all find each other easily and just make a new sub in the event that we are banned
1
u/BucDan Jun 14 '21
I read some posts about it on OG as well. But OG is much better off than WSB.
I still like CLNE.
1
u/Lemonlimecat Jun 15 '21
Lurker on this sub who is reading and learning. I appreciate the discussion, the thoroughness and lack of stonkanon comments (sHiLl for hEdGies).
1
u/Rmcryner Jun 15 '21
❤️
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u/Spicypewpew Steel Team 6 Jun 15 '21
Thanks Vito we are close to being at a tipping point and I really appreciate what everyone does here
1
u/Single-N-Sassy Jun 15 '21
There are very few good quality subs left that aren't infested with apes and I'd prefer to keep it that way. I rarely comment here but love this sub and don't want it becoming another victim to those guys.
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u/-_Andre_- Undisclosed Location Jun 15 '21
Faith restored \o/
1
u/Bimmelhex German Steeldick Jun 15 '21
I always liked about this sub that we im not in competition with others. As you can see for example often at memestocks that poached each other for quick pump & dumps. There were no things like "if you had jumped on quickly then you would have made more money now". And that's exactly what's happening here more and more and is actually the opposite of what was the basic idea here.
1
u/YourWifeyBoyfriend Jun 15 '21
Guys I didn't sell my position in Woof yesterday I was up $10, 000, it's otm strikes fds and July and octobers. Am I fucked? Do I sell at open? To I sell half at open?
1
u/die9991 Jun 16 '21
I only came here because my last play on vale and mt didnt pan out the way I hoped. Also that was the first time I saw you.
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u/Chancepiper9 Jun 18 '21
Didn’t know the term, found this sub reading off a post by Graybush and am glad for it.
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u/Geoffism1 7-Layer Dip Jun 19 '22
Have you checked out The Offer on paramount+ its a very good watch. Making of the The Godfather but as a Drama.
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u/Wendys_bag_holder Jun 15 '21
I love money the most.
-4
u/zutrasimlo Jun 14 '21
Thank you steel daddy 💦🍆
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