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Anyone else feel cheated by today's losses?

Posted on 1/28/21 at 10:30 am
Posted by Napoleon
Kenna
Member since Dec 2007
69388 posts
Posted on 1/28/21 at 10:30 am
I know I'm not the only one bleeding on Nokia and BB and AMC. I know everybody is in GME. the tanking is because Robin hood is scaring everyone into selling.
All my gains from the hot month just vanished. Which is the RISK we take. But this wasn't a risk. This was a platform cheating is users.


Now I do wish I had sold at 8am. Instead I'm going down with the ship.


It was a pleasure losing money with you guys.
Posted by greenwave
Member since Oct 2011
3878 posts
Posted on 1/28/21 at 10:31 am to
I don't think it is over.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
18426 posts
Posted on 1/28/21 at 10:31 am to
It ain't a loss until you cash out
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/28/21 at 10:31 am to
Not over yet. Don’t sell and you haven’t lost anything
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40909 posts
Posted on 1/28/21 at 10:32 am to
Crazy part is outside of NOK, all the others are still way above their normal trading ranges.
Posted by GamecockUltimate
Columbia,SC
Member since Feb 2019
7012 posts
Posted on 1/28/21 at 10:32 am to
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 post was edited on 1/28/21 at 10:33 am
Posted by kengel2
Team Gun
Member since Mar 2004
31073 posts
Posted on 1/28/21 at 10:33 am to
Need to set some trailing stops.
Posted by MorningWood
On the coast of North Mexico
Member since May 2009
2679 posts
Posted on 1/28/21 at 10:34 am to
Some one explain to me how this works? I thought the run doesn’t really happen until the short positions have their call? And in return that is when the stock really jumps
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40909 posts
Posted on 1/28/21 at 10:34 am to
quote:

Need to set some trailing stops.


Would not have helped much today
Posted by ell_13
Member since Apr 2013
85303 posts
Posted on 1/28/21 at 10:34 am to
Absolutely.
Posted by Smoke7024
Member since Jun 2010
22741 posts
Posted on 1/28/21 at 10:34 am to
I don't feel cheated, I feel like someone should go to jail.
Posted by Centinel
Idaho
Member since Sep 2016
43477 posts
Posted on 1/28/21 at 10:36 am to
quote:

I don't feel cheated, I feel like someone should go to jail.


The only people at risk going to jail over this are the ones on WSB that the feds figure out their real identity.

Posted by Yellerhammer5
Member since Oct 2012
10854 posts
Posted on 1/28/21 at 10:36 am to
I sold yesterday before close, so I’ve been wandering the halls singing empty chairs at empty tables all morning.
Posted by statman34
Member since Feb 2011
2997 posts
Posted on 1/28/21 at 10:37 am to
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 is exactly what is happening. They are gaming the system to get some of their losses back and prevent further bleeding. Once everyone is setup in their new accounts, it's game on again.
Posted by supadave3
Houston, TX
Member since Dec 2005
30349 posts
Posted on 1/28/21 at 10:38 am to
Yes. VERY.
Posted by Tecade12
Member since Oct 2016
189 posts
Posted on 1/28/21 at 10:38 am to
2K disappeared out of my RH as i was trying to transfer to webull...
Posted by Man4others
Member since Aug 2017
2073 posts
Posted on 1/28/21 at 10:38 am to
I sold GME at 375 and AMC at 16 this morning
This post was edited on 1/28/21 at 10:39 am
Posted by BilJ
Member since Sep 2003
158841 posts
Posted on 1/28/21 at 10:39 am to
I think everyone becoming "woke" to the fact that its a rigged game is a good thing.

Big tech and the media were your champion until you fricked with their money.
Posted by Centinel
Idaho
Member since Sep 2016
43477 posts
Posted on 1/28/21 at 10:40 am to
quote:

Big tech and the media were your champion


They were never our champion. Never in a million fricking years.

Posted by BilJ
Member since Sep 2003
158841 posts
Posted on 1/28/21 at 10:40 am to
I'm talking about with the your more leftists who thought they were hand in hand
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