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re: Anyone else feel cheated by today's losses?
Posted on 1/28/21 at 11:22 am to rintintin
Posted on 1/28/21 at 11:22 am to rintintin
quote:
money in the guise of "we're protecting you".
In a sense they are---they are protecting from buying shares that may not even exist. They are saying there is so much naked selling of these stocks we do not trust the sellers to deliver and we will not take the liability of delivering stock to you.
They should get screwed--and they are--and NASDAQ and the other exchanges should get spanked for letting so many naked shares be traded on their exchanges.
0
Posted on 1/28/21 at 11:23 am to JDGTiger
quote:
No one should complain about any loses they have if they bought GME in the last month. When the shorts get to a position they can hold and come out of the market the stock is going to plummet.
bullshite.
It's not about losing money, it's about HOW it was lost.
Without the shenanigans of the day, sure I agree with you. But RH and other platforms actively fricked retail traders. THAT people can complain about.
Posted on 1/28/21 at 11:24 am to Hailstate15
How much did you buy at 11.05?
Posted on 1/28/21 at 11:24 am to Napoleon
I get paid tomorrow. I would rather dump money into my 401k on a down week.
Im happy
Im happy
Posted on 1/28/21 at 11:25 am to rintintin
quote:
It's not about losing money, it's about HOW it was lost.
Without the shenanigans of the day, sure I agree with you. But RH and other platforms actively fricked retail traders. THAT people can complain about.
+1000
Posted on 1/28/21 at 11:26 am to GamecockUltimate
quote:
I dont think a lot of real people sold. Maybe recently, but the big dip was probably hedge funds trading amongst themselves, bidding low, and fooling the market into thinking it was dipping.
the volume is really low
This. They’re digging a deeper hole right now to scare people. Just keep holding and buying (if possible) the dips and they will be forced to cover all of this
Posted on 1/28/21 at 11:26 am to rintintin
quote:
It would be like the casino coming in a taking all the chips off the roullete table before the ball was spun. Although this is with billions of dollars. Unbelievable.
Isn’t that business as usual if you’re winning too much at the casino? ...doesn’t impede their business, won’t be much different with brokerages.
Posted on 1/28/21 at 11:27 am to rintintin
That's how I look at it. Robinhood is acting like a 1960's casino. Guys left and right are counting cards and because they have the advantage, they're being told to break some hands with hammers. The men behind the curtain should be feed to pigs in a pen.
Posted on 1/28/21 at 11:27 am to Starchild
i was up almost 3k when i opened this morning. now down that amount. i hope they at least let nakd and sndl to run a little, but they stifled them pretty quickly
Posted on 1/28/21 at 11:29 am to rintintin
quote:
. But RH and other platforms actively fricked retail traders.
By letting them only sell on their platform and not buy shares that may not actually exist? Maybe they did and maybe they didn't. When GME collapses as it will no doubt do soon will retail traders complain they could not buy shares today?
RH is telling you they do not want the liability of these shares in accounts on their platform. That should be a warning signal.
Buy them somewhere else if you want.
Posted on 1/28/21 at 11:31 am to biscuitsngravy
quote:
Shorts covered day before yesterday.
They covered their 140% of short interest? Because from what I saw, they doubled down with that infusion of cash.
Posted on 1/28/21 at 11:31 am to xxTIMMYxx
there is so much traffic on sndl and nakd, it is hard to see why it isn't going back way up
Posted on 1/28/21 at 11:32 am to xxTIMMYxx
Posted on 1/28/21 at 11:33 am to Napoleon
Today they threw up a speed bump, but that ain't gonna stop the movement that going on right now. Too much forward momentum.
Posted on 1/28/21 at 11:34 am to JDGTiger
quote:
By letting them only sell on their platform and not buy shares that may not actually exist?
That didn't just start happening today.
Posted on 1/28/21 at 11:42 am to JDGTiger
quote:
By letting them only sell on their platform and not buy shares that may not actually exist? Maybe they did and maybe they didn't. When GME collapses as it will no doubt do soon will retail traders complain they could not buy shares today?
What about BB, NOK, AMC, NAKD etc. gtfo
Posted on 1/28/21 at 12:13 pm to jimbeam
Yeah gme should be back at 400 in the year never
Posted on 1/28/21 at 12:17 pm to Napoleon
Got out of everything except BB yesterday because I figured the volatility would become historically high based on how crazy the options market was looking yesterday afternoon but never expected something like a ban on buying from multiple brokers.
Really really weird day.
Took a pretty big beating from BB today but still way way up from all this.
Waiting to see how things go in the next several hours/days but may buy back in to GME and/or BB at some point.
Really really weird day.
Took a pretty big beating from BB today but still way way up from all this.
Waiting to see how things go in the next several hours/days but may buy back in to GME and/or BB at some point.
Posted on 1/28/21 at 4:51 pm to Napoleon
Its not over, the hedge fund dorks are manipulating the stock by rapid selling to each other making it dip. It'll be back with a huge raging liberty bone when they start paying for their shorts tomorrow.
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