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re: So I bought some Gamestop(GME)
Posted on 1/29/21 at 9:40 am to notsince98
Posted on 1/29/21 at 9:40 am to notsince98
How are you guys placing such high limit sells?
Fidelity only allows me to place them at 50% of the current trade.
Is that normal?
Fidelity only allows me to place them at 50% of the current trade.
Is that normal?
4
Posted on 1/29/21 at 9:42 am to Sao
quote:
Sincerely, What does Biden have to do w it?
if you don't think fedgov is heavily involved as of yesterday, then i don't know what will convince you
plus he's speaking of a theory i had that US Treasury may flood some super low interest money into banks so they can fund these funds and survive the shitstorm they're about to face.
the variable that matters right now is time. who can hold out longer
Posted on 1/29/21 at 9:42 am to SlowFlowPro
Are you implying that's an anomaly?
Posted on 1/29/21 at 9:43 am to STLhog
quote:
Fidelity only allows me to place them at 50% of the current trade.
same for me at TDA
Posted on 1/29/21 at 9:43 am to STLhog
quote:
Is that normal?
Would it matter if it was? Nothing about this is normal. They're making up their own rules as they go along.
Edit: I'm with Schwab.
This post was edited on 1/29/21 at 9:44 am
Posted on 1/29/21 at 9:44 am to SLafourche07
quote:
Would it matter if it was? Nothing about this is normal. They're making up their own rules as they go along.
Edit: I'm with Schwab.
And you can set sell limits wherever you want?
Posted on 1/29/21 at 9:44 am to Sao
no, but it's a BAD look for the new admin
especially with what they ran on
especially with what they ran on
Posted on 1/29/21 at 9:44 am to SlowFlowPro
I bet some of these suits wishes they would’ve repealed section 230 now
Posted on 1/29/21 at 9:45 am to SlowFlowPro
quote:
no, but it's a BAD look for the new admin
especially with what they ran on
They didn't run on any policy. They only ran on Orange Man Bad.
Posted on 1/29/21 at 9:46 am to STLhog
quote:
And you can set sell limits wherever you want?
The website didn't bat an eye when I set it.
And I just checked and it's still open.
Posted on 1/29/21 at 9:46 am to SlowFlowPro
quote:
plus he's speaking of a theory i had that US Treasury may flood some super low interest money into banks so they can fund these funds and survive the shitstorm they're about to face.
It’d be awesome if GME shareholders could ask for a buyout. Say $10k a share. Would still probably be less than what will be paid to bail out the institutions
This post was edited on 1/29/21 at 9:47 am
Posted on 1/29/21 at 9:46 am to SlowFlowPro
Yep.
W bailing out banks in 2008 was a bad look but it was done in part because he was in a lame duck administration and they didn’t want to destroy things for the next administration.
Biden? He’s less than two weeks into office and already looking at this. The rest of his term will likely be majorly affected by how the administration responds here.
W bailing out banks in 2008 was a bad look but it was done in part because he was in a lame duck administration and they didn’t want to destroy things for the next administration.
Biden? He’s less than two weeks into office and already looking at this. The rest of his term will likely be majorly affected by how the administration responds here.
Posted on 1/29/21 at 9:47 am to SlowFlowPro
quote:
the variable that matters right now is time. who can hold out longer
I am not in the game but know a little about this. I think this is the crucial point. If the retail investors hold the line the hedgefunds will choke out. It is almost life UFC. They are in a head lock and will choke out if the pressure remains.
The point about loans and floats to hold their position is valid and concerning. But... If 80% will simply unplug and wait 1-2 weeks it will happen.
Posted on 1/29/21 at 9:47 am to SlowFlowPro
if Trump did it....
Posted on 1/29/21 at 9:48 am to ShermanTxTiger
And that is what probably happens.
A LOT of the retail investors did this with discretionary funds they had on hand, meaning they can park it in the stock indefinitely.
Their only loss is opportunity cost by not cashing in the stock.
The funds? They are bleeding billions in interest holding their positions.
A LOT of the retail investors did this with discretionary funds they had on hand, meaning they can park it in the stock indefinitely.
Their only loss is opportunity cost by not cashing in the stock.
The funds? They are bleeding billions in interest holding their positions.
Posted on 1/29/21 at 9:49 am to nopants
quote:
quote:
Fidelity only allows me to place them at 50% of the current trade.
same for me at TDA
You're saying 50% above current value?
Posted on 1/29/21 at 9:50 am to BilJ
quote:
if Trump did it....
BAILING OUT HIS WALLSTREET FRIENDS
Posted on 1/29/21 at 9:50 am to BilJ
quote:
f Trump did it....
Would love to see his gamestop tweets
Posted on 1/29/21 at 9:50 am to misterc
I can’t decide if the slow and steady climb is good or bad..
Posted on 1/29/21 at 9:51 am to teke184
quote:
The rest of his term will likely be majorly affected by how the administration responds here.
I disagree. The American people have proven to have extremely short attention spans and lack the critical thought to make informed decisions on what’s best for their well-being.
Biden can frick “Reddit terrorists” and save the “economy,” which is exactly how it will be spun. CNN already had an article the other say linking WSB to Trump supporters and today on CNN business one that says WSB is basically 4chan and regularly uses homophobic language.
This post was edited on 1/29/21 at 9:52 am
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