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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 2:37 pm to
Posted by TDTOM
Member since Jan 2021
15110 posts
Posted on 1/29/21 at 2:37 pm to
quote:

GTFOH we fidna peak 4s, yurt


Come again.
Posted by notsince98
KC, MO
Member since Oct 2012
18099 posts
Posted on 1/29/21 at 2:37 pm to
quote:

I know they have to pay a shite ton of interest, but wouldn't them just delaying for as long as they can until people get bored and the enthusiasm dies down be less painful for them?


can you run out the clock when your short has been called?
Posted by Broken Ear Glen
Baton Roog
Member since Mar 2010
1320 posts
Posted on 1/29/21 at 2:38 pm to
quote:

Come again.

Plain jane english if you ask me...
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35609 posts
Posted on 1/29/21 at 2:39 pm to
quote:

95% of it was within the current rules and completely predictable.


The chairman of interactive brokers said on live tv that they weren’t going to resume normal trading until to stock hit his personal price target
Posted by StormyMcMan
USA
Member since Oct 2016
3764 posts
Posted on 1/29/21 at 2:39 pm to
quote:

Robinhood is so shitty. They claim to resume trading but then limited it to 2 shares. I absolutely would have added a couple today, but it’s the same difference as when they straight up said I couldn’t buy yesterday.


I just tried to buy a 2nd share...limited it to 1 share only
Posted by slackster
Houston
Member since Mar 2009
85420 posts
Posted on 1/29/21 at 2:40 pm to
quote:

can you run out the clock when your short has been called?


You can stay short as long as you want if you can keep hitting your margin requirements, at least with a traditional short selling of a stock.

Options are a different story due to their expirations.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:40 pm to
20 minutes. Bout to see some crazy shite
Posted by Lightning
Texas
Member since May 2014
2307 posts
Posted on 1/29/21 at 2:41 pm to
quote:

The chairman of interactive brokers said on live tv that they weren’t going to resume normal trading until to stock hit his personal price target


Peter Fluffernutter likes $17 but not as much as we like the stock
Posted by MrJimBeam
Member since Apr 2009
12430 posts
Posted on 1/29/21 at 2:41 pm to
quote:

20 minutes. Bout to see some crazy shite



Maybe a massive jump and a halt?
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 1/29/21 at 2:42 pm to
quote:

20 minutes. Bout to see some crazy shite


nothing is going to happen but this is entertaining
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/29/21 at 2:42 pm to
quote:

but I don’t see anything we know about so far that hasn’t happened before.


Come on dude, you are being a bit disingenuous. Please point me to where I can read about trading platforms collectively forcing one sided trades?
Posted by willeaux
Member since Jan 2006
2927 posts
Posted on 1/29/21 at 2:42 pm to
A work around from Reddit:

quote:

How to Buy GME Above Broker Limits - u/adioking credit Not my post, credit to u/adioking ([LINK /)) How to Buy GME etc \[Loophole\] Robinhood and other shitty brokerages are allowing us to buy 2, 5, or very low numbers of GME. However, they are allowing option contracts. Here’s a trick that will work. 1. Go to Feb 5 option. 2. Scroll all the way down the call list 3. Buy GME call option with the cheapest +x.xx% 4. Immediately exercise. I just exercised 2 contracts and now have 200 shares, blocking the shorts. You can repeat this process over and over if you are buying a lot. Best of luck out there! Let’s get them!!! TIME IS OF THE ESSENCE!!!! HOLD HOLD HOLD HOLD FULL CREDIT TO THE MADLAD AUTIST u/adioking
Posted by TDTOM
Member since Jan 2021
15110 posts
Posted on 1/29/21 at 2:43 pm to
quote:

nothing is going to happen but this is entertaining


This reminds me of the month after the election. It's happening......
Posted by htcthc321
Member since Oct 2010
1663 posts
Posted on 1/29/21 at 2:43 pm to
Looks like today's $115 calls have an open interest of 10,371 right now

Shits about to get real
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/29/21 at 2:44 pm to
Wow. Sometimes you just have to tip your hat to the Internet
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 1/29/21 at 2:45 pm to
quote:

This reminds me of the month after the election. It's happening......


Today is like trust sessions

Monday will be sealed indictments
Posted by nopants
Luling, La
Member since Aug 2006
886 posts
Posted on 1/29/21 at 2:45 pm to
so seems to be a wall at 320?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:46 pm to
Yes
Posted by Broken Ear Glen
Baton Roog
Member since Mar 2010
1320 posts
Posted on 1/29/21 at 2:46 pm to
quote:

I just exercised 2 contracts and now have 200 shares

Exercise a call on 2/5, on today 1/29? That's possible?
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:48 pm to
Broke above 320!
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