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re: So I bought some Gamestop(GME)

Posted on 1/28/21 at 9:39 am to
Posted by rocket31
Member since Jan 2008
41880 posts
Posted on 1/28/21 at 9:39 am to
respect
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 9:40 am to
It is froze but the bid/ask is way way off.

Again at time of the halt, bid is 269 ask is 375. They are manipulating it again. Don't sell, its just a ploy.
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
21704 posts
Posted on 1/28/21 at 9:43 am to
If retail investors can only sell, who's buying?
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 9:46 am to
HOly frick, now the bid ask is way fricked.

Bid 268, Ask 2034
Posted by Oates Mustache
Member since Oct 2011
25808 posts
Posted on 1/28/21 at 9:46 am to
Anyone have any idea how this shakes out for 401k's? Mine is down a good bit over the last few days now. Is this affecting the rest of the market?
This post was edited on 1/28/21 at 9:47 am
Posted by busbeepbeep
When will then be now?
Member since Jan 2004
19438 posts
Posted on 1/28/21 at 9:46 am to
Posted by Mad Dawg 2020
Member since Jun 2017
738 posts
Posted on 1/28/21 at 9:47 am to
quote:

Pussy


Only for not buying more
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
18122 posts
Posted on 1/28/21 at 9:49 am to
Bringo. It recovered after retail was largely locked out. That tells me there’s institutional money on the squeeze yet to come, likely encouraged by the lengths being taken.

This is like watching Chernobyl, everything they do to try and slow it just seems to make it get hotter.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35729 posts
Posted on 1/28/21 at 9:50 am to
quote:

Anyone have any idea how this shakes out for 401k's? Mine is down a good bit over the last few days now. Is this affecting the rest of the market?


I've heard it mentioned on CNBC a few times. They're suggesting that the hedge funds having to liquidate their other long positions to cover short on GME is affecting things. For example, PINS has been down the past week or so and there's no reason for it. Their earnings are coming soon and they're likely to be really good.
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 9:50 am to
I had to save a picture of it to keep as it is so wild. Tomorrow must going to be a blood bath for them. They scared as frick.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21074 posts
Posted on 1/28/21 at 9:51 am to
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/28/21 at 9:53 am to
Now it looks like reddit is broken. They using every trick in the book.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/28/21 at 9:54 am to
buying more on the dip
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 9:55 am to

After listening to the Chamath Palihapitiya audio twice now, I'm convinced when he dies, he will go straight to Valhalla. He's a fricking Viking warrior. What a roasting that was.
Posted by xenythx
Member since Dec 2007
33233 posts
Posted on 1/28/21 at 9:56 am to
This is the final hurdle. If it recovers from this more than 100 pt drop without retail investing being available, you know it's being backed by major players.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/28/21 at 9:57 am to
i'd really love to see chamath, elon & some other richies just pump money into this just to frick with the other richies
Posted by BilJ
Member since Sep 2003
161611 posts
Posted on 1/28/21 at 9:58 am to
quote:

Ja Rule
@jarule
Yo this is a fricking CRIME what
@RobinhoodApp
is doing DO NOT SELL!!! HOLD THE LINE... WTF Face with symbols over mouth


and this guy knows a thing or two about fricking people over
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 1/28/21 at 9:58 am to

The Winklevoss boys are up on CNBC is just a minute.
Posted by STLhog
Dallas, TX
Member since Jan 2015
18760 posts
Posted on 1/28/21 at 9:58 am to
I'm down big today but I'm HOLDING.

Every part of me as a Hog fan knows this is going to end badly but frick it. At least I can say I was there.
Posted by Oates Mustache
Member since Oct 2011
25808 posts
Posted on 1/28/21 at 9:59 am to


Ja Rule mad he can't organize another Fyre Festival.
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