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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 10:02 am to
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/29/21 at 10:02 am to
quote:

How long before short interest can no longer be known?



there's no way they can't show this information..
that'll never happen
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
22085 posts
Posted on 1/29/21 at 10:08 am to
Listening to CNBC audio only, so I'm not sure exactly who it is talking, but they're grilling a Robinhood shill right now.

Asking him if Robinhood shut down "to protect their customer," and they're commission free, meaning retail investors don't pay them, who is the customer they're protecting?
Posted by teke184
Zachary, LA
Member since Jan 2007
103139 posts
Posted on 1/29/21 at 10:09 am to
Citadel and Melvin. But they won’t admit that.
Posted by Breadstick Gun
Freeport, FL
Member since Apr 2009
10386 posts
Posted on 1/29/21 at 10:09 am to
quote:

STLhog



I'm getting the same from Fidelity.

Error:(00906B) The limit price you have entered is too far away from the Bid Price for this security. Please use the following guidelines when entering your limit price: For sell limit orders in which your limit price is above the current Bid Price, your limit price can be no more than 50% away from the Bid Price.
Posted by Devenbaker
Baton Rouge
Member since Aug 2007
294 posts
Posted on 1/29/21 at 10:12 am to
I think people have adjusted the previous $420 sell limit based on week’s events. Those that didn’t exited yesterday.
Posted by HardHat
Member since Feb 2014
732 posts
Posted on 1/29/21 at 10:12 am to
Time for a Rally!

Posted by shell01
Marianna, FL
Member since Jul 2014
806 posts
Posted on 1/29/21 at 10:13 am to
quote:

How are you guys placing such high limit sells?


No restrictions on Vanguard, I have sell orders placed at levels I never expect it to actually get to.
Posted by xenythx
Member since Dec 2007
33245 posts
Posted on 1/29/21 at 10:13 am to
quote:

I think people have adjusted the previous $420 sell limit based on week’s events. Those that didn’t exited yesterday.


The real WSBers took those profits and bought back in at the dip.
Posted by TheIndulger
Member since Sep 2011
19316 posts
Posted on 1/29/21 at 10:14 am to
Is anyone looking at GME puts a year out? $200 Jan '22 puts seem like a gimme. This thing's gonna come back to earth at some point in the next year. A contract will cost $15,000 though
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
748 posts
Posted on 1/29/21 at 10:15 am to
Settled funds question:

Hypothetical - there's a bump up to $400 today and I sell 10 shares, anticipating another dip. There is no other cash in my account other than the $4,000 i just got from the sale. Do i have to wait 2 days for the funds to "settle" to repurchase. I'm with Schwab.
This post was edited on 1/29/21 at 10:16 am
Posted by s0tiger
Member since May 2008
1014 posts
Posted on 1/29/21 at 10:16 am to
I have not had to wait for settlement with them.
Posted by TDTOM
Member since Jan 2021
24735 posts
Posted on 1/29/21 at 10:17 am to
You shouldn't.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 10:17 am to
quote:

Do i have to wait 2 days for the funds to "settle" to repurchase. I'm with Schwab.


All bets are off at this point. Usually I would say yes you could probably do that but brokerages are changing rules on the go.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 10:22 am to
quote:

@michaeljburry: There really can't be another GME. Nothing else is/was even close to as shorted (100+% of float), so small (microcap) and so hated/ignored/dismissed prior to the #thebigshortsqueeze. It was a uniquely perfect set up. There won't be another like it. Much like #thebigshort.
Posted by nopants
Luling, La
Member since Aug 2006
893 posts
Posted on 1/29/21 at 10:23 am to
so basically the entire market / SEC / internet is this right now

Posted by Who_Dat_Tiger
Member since Nov 2015
24785 posts
Posted on 1/29/21 at 10:25 am to
I bought 3 shares at $306 this morning. I was really expecting it to jump all over the place after I bought, somewhere in the range of $150-$450

Seems it’s actually been somewhat steady though since I bought in
Posted by teke184
Zachary, LA
Member since Jan 2007
103139 posts
Posted on 1/29/21 at 10:25 am to
There are two kinds of people.

Ones with loaded guns and ones who dig.
Posted by Dock Holiday
Member since Sep 2015
1821 posts
Posted on 1/29/21 at 10:26 am to
quote:

nopants


Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/29/21 at 10:26 am to
He’s been invested for almost 1.5 years. Dudes the GOAT on shorts

He also said
quote:

No one mentioning that free trades and shares at #RobinHood were made possible by sales of the trade flow to Citadel and its ilk. Robinhood's customer is and has been CItadel, not its retail traders. Which makes what is happening this week all the more
This post was edited on 1/29/21 at 10:29 am
Posted by SuddenJerk
Member since Oct 2017
756 posts
Posted on 1/29/21 at 10:29 am to
quote:

Seems it’s actually been somewhat steady though since I bought in

The calm before the storm
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