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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 9:08 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466274 posts
Posted on 1/29/21 at 9:08 am to
that's from yesterday or the day before when discussing the potential illegality of the scheme. everyone is focused on fraud and dumping so i just used it as a way to say that you don't have to have fraud or dumping

theoretically, this squeeze doesn't require market forces to make the pump profitable, which is why all the people on CNBC keep talking about that angle. they do not like it nor will they likely go quietly into the night
Posted by Devenbaker
Baton Rouge
Member since Aug 2007
294 posts
Posted on 1/29/21 at 9:08 am to
I jumped back in today after getting out on Monday. Moon or bust for me this time.will be waiting this one out for a bit.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466274 posts
Posted on 1/29/21 at 9:09 am to
quote:

Giving those firms liquidity to hold off is probably the worst thing they could do because it prolongs this mess and expands the effects.

it expands the effects against the retail side and will cause a bigger bubble that will hurt the late adopters exponentially more
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/29/21 at 9:10 am to
quote:

theoretically, this squeeze doesn't require market forces to make the pump profitable, which is why all the people on CNBC keep talking about that angle. they do not like it nor will they likely go quietly into the night



Yup. Regardless this is going to get ugly. We’ll see if it was worth it. Good time to short the market tho
This post was edited on 1/29/21 at 9:13 am
Posted by Puffoluffagus
Savannah, GA
Member since Feb 2009
6446 posts
Posted on 1/29/21 at 9:10 am to
In for 1 share for funsies. Don't care if it bottoms out.
Posted by Stiles
Member since Sep 2017
3454 posts
Posted on 1/29/21 at 9:12 am to
quote:

I have a moon limit order on some calls and wanted to tweak it and TD is telling me to "call them".. Very odd

Whuuuut?
Can you post that for us to see verbiage?
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/29/21 at 9:12 am to
quote:

What time can we expect it to start raining men in suits?



People Jumping out of windows in 1929 is a long propagated myth. Researchers could find no evidence of a single person on Wall St. committing suicide by any method during the crash. They did find one broker that likely died from a heart attack.
Posted by Chad504boy
4 posts
Member since Feb 2005
176134 posts
Posted on 1/29/21 at 9:15 am to
Someone give me the general gist of volume compared to avg volume of stock listing... when volume is low? when volume is high?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40301 posts
Posted on 1/29/21 at 9:15 am to
Volume is very low right now.

Posted by HardHat
Member since Feb 2014
732 posts
Posted on 1/29/21 at 9:16 am to
Posted by slinger1317
Northshore
Member since Sep 2005
6861 posts
Posted on 1/29/21 at 9:16 am to
quote:

Volume is very low right now.


It's a standoff. WSB's aren't selling and Shorties/Brokers aren't letting anyone buy.
Posted by teke184
Zachary, LA
Member since Jan 2007
103139 posts
Posted on 1/29/21 at 9:17 am to
Which is why SFP’s floated idea of the feds backing the hedge funds would be probably the worst thing the administration could do.

Something’s gotta give and investors are retarded more than Wall Street is solvent.
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/29/21 at 9:18 am to
Buy that sub 300 dip.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 9:19 am to
it seems manufactured. they are not allowing big buy blocks to go through. they are processing orders in small blocks

*I'm not sure what this means but today is trading much different than it has all week
This post was edited on 1/29/21 at 9:21 am
Posted by SLafourche07
Member since Feb 2008
10040 posts
Posted on 1/29/21 at 9:20 am to
In for 1 at $315.
Posted by teke184
Zachary, LA
Member since Jan 2007
103139 posts
Posted on 1/29/21 at 9:22 am to
It will be death by 1000 cuts if so. People will just start doing small purchase after small purchase.
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/29/21 at 9:22 am to
quote:

it seems manufactured. they are not allowing big buy blocks to go through. they are processing orders in small blocks


Maybe trying to stave off any kind of major early morning momentum to prevent the "casuals" from jumping in due to FOMO.
Posted by TigeRoots
Member since Oct 2008
8553 posts
Posted on 1/29/21 at 9:22 am to
Morgan Brennan is my 10.
Posted by SLafourche07
Member since Feb 2008
10040 posts
Posted on 1/29/21 at 9:23 am to
I set my sell limit for my 1 share at $2,000.


I hope I'm able to screen shot the execution for you baws.
Posted by teke184
Zachary, LA
Member since Jan 2007
103139 posts
Posted on 1/29/21 at 9:24 am to
I’ll settle a screenshot of the execution of RH, Melvin Capital, and/or Citadel.
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