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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 1:32 pm to
Posted by Who_Dat_Tiger
Member since Nov 2015
24784 posts
Posted on 1/29/21 at 1:32 pm to
quote:

Current track has a $235 3pm close. They’re gonna dump hard right before though. Might go sub 200. shite.



But it did that yesterday... I don’t see why this wouldn’t continue into next week if everyone’s still expecting them to need to cover
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11240 posts
Posted on 1/29/21 at 1:32 pm to
quote:

To anyone bitching about RH - just download another platform and STFU.



The folks buying in now are not flush with capital. If you cut off their Robinhood you probably take most of their capital with it.

And also it takes a couple days to ach money around between brokers.

And again. These folks don't have lots of capital.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19415 posts
Posted on 1/29/21 at 1:32 pm to
quote:

What rules were changed?

Poor troll attempt. Attempt is poor.
Posted by KamaCausey_LSU
Member since Apr 2013
17146 posts
Posted on 1/29/21 at 1:32 pm to
The hour before closing is going to be interesting. Or... finna be lit.

I'm appreciating the sudden spike in my VIXY calls.
This post was edited on 1/29/21 at 1:34 pm
Posted by ThereGoesHerschel
Member since May 2011
882 posts
Posted on 1/29/21 at 1:33 pm to
quote:

What rules were changed


Oh ya know, just not letting people buy certain stocks and when they are allowed capping the number they're allowed to buy. That kinda thing.
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 1/29/21 at 1:33 pm to
quote:

What rules were changed?


The rule where I put my money in my account and I can both sell AND buy stocks trading on the exchange. Before yesterday, which other stocks did RH have a one way traffic rule on?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/29/21 at 1:34 pm to
quote:

There are so many dumbasses in here. The fact that this many people think Robinhood has some monopoly on retail trading is mind blowing.


56% of RH users owned GME stock and it was/is the largest retail platform in the world

you can't just switch platforms in less in an hour prior to the bell opening with all your money to buy GME elsewhere. my god man
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11240 posts
Posted on 1/29/21 at 1:34 pm to
quote:

That's not actually outsmarting anyone, that's just cheating. They were losing so they flipped the board over.




Yep. But still. They played their hand. Cheating or not. They're going to get out of this avoiding bankruptcy and a slap on the wrist from the SEC
Posted by Hat Tricks
Member since Oct 2003
28874 posts
Posted on 1/29/21 at 1:36 pm to
quote:

There are so many dumbasses in here. The fact that this many people think Robinhood has some monopoly on retail trading is mind blowing.

To anyone bitching about RH - just download another platform and STFU.


The frick is wrong with you? I've been reading this board pretty frequently the last couple of days and every post I see from you, you're being an a-hole. Not to mention you don't know wtf you're talking about.
This post was edited on 1/29/21 at 1:40 pm
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 1/29/21 at 1:36 pm to
quote:

People have yolo'd their entire savings into GME.


I think “hold the line” really means “hold the line so I can get out.”
Posted by teke184
Zachary, LA
Member since Jan 2007
103138 posts
Posted on 1/29/21 at 1:36 pm to
If I were any of the principals at RH, Melvin, or Citadel, I wouldn’t go out in public soon.

Someone who lost millions thanks to their frickery may decide to do something drastic.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 1:36 pm to
Trying to break out of the wedge!

LFFGGGGG
This post was edited on 1/29/21 at 1:39 pm
Posted by Grateful Reb
Member since Apr 2011
8070 posts
Posted on 1/29/21 at 1:37 pm to
quote:

trading platforms


Some did, most did not.

Ditch the ones that did and resume buying. I'm in my account right now and can buy as much as I want.
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 1:37 pm to
GME and AMC charts almost identical today. Manipulation. We will moon.
Posted by blowe
Member since Sep 2011
52 posts
Posted on 1/29/21 at 1:38 pm to
quote:

The frick is wrong with you?


Wish I could upvote this 100 times.Mf'er coming in here trying to rain on these guys parade with his ridiculous questions and comments.

I hope you all get rich.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 1/29/21 at 1:39 pm to
He doesn't have a clue what he's talking about.
Posted by TDTOM
Member since Jan 2021
24731 posts
Posted on 1/29/21 at 1:41 pm to
quote:

and it was/is the largest retail platform in the world


I don't know about that.
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 1/29/21 at 1:41 pm to
quote:

Yep. But still. They played their hand. Cheating or not. They're going to get out of this avoiding bankruptcy and a slap on the wrist from the SEC



Again, they did not "play their hand" the house slipped them extra cards and they played those.

We can keep doing cheating metaphors as long as you'd like, it will still be cheating.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466271 posts
Posted on 1/29/21 at 1:43 pm to
quote:

Some did, most did not.

Ditch the ones that did and resume buying.

it's not that easy for most people and the total % is irrelevant

hell, the fact that specific platforms coordinated/colluded to do this is an even more clear sign there was a change of the rules

it's more the people behind the curtain (like clearing houses, the SEC, Treasury, etc) who changed the rules specifically to decrease the value of GME
Posted by Chuckiee
Member since Jan 2007
2602 posts
Posted on 1/29/21 at 1:43 pm to
There has to be a “my girlfriend’s boyfriend” joke in here
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