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Started By
Message
6
Posted on 1/29/21 at 3:01 pm to rocket31
Posted on 1/29/21 at 3:01 pm to jimbeam
We did it!! You beautiful bastards, we did the thing!
Posted on 1/29/21 at 3:02 pm to Shankopotomus
Monday should be wild but the exchanges will keep it mild. For our safety
Posted on 1/29/21 at 3:02 pm to Shankopotomus
quote:
now what
Looks like another week of me not getting shite done at work...
Posted on 1/29/21 at 3:02 pm to TDTOM
Closing / early after hours trading has been fricky the last few days, including accusations hedge funds had been trading the same shares back and forth at a low amount to depress value.
Posted on 1/29/21 at 3:02 pm to JohnnyKilroy
quote:
Can you link an instance of a trading platform stating they will not let you buy a security until it hits the chairman’s personal price target?
And not because there’s a technical error that needs to be fixed, but because the price is just too high, in the chairman’s opinion.
No, and I don’t mean to insinuate that very specific situation is a common occurrence. Sorry if it came across that way.
I’m saying that restricting buy orders of a stock, particularly a volatile stock, happens. It happens at the discretion of the firm and the firm’s discretion will decide when buying can resume, if ever.
Posted on 1/29/21 at 3:03 pm to Shankopotomus
quote:
now what
We continue this game of chicken. And we can't be the first to flinch.
Posted on 1/29/21 at 3:03 pm to Shankopotomus
Damn down 7% immediately after hours lol
Posted on 1/29/21 at 3:04 pm to slackster
When the firm’s discretion isn’t made clear and in advance, expect a lot of traders to start moving elsewhere.
Posted on 1/29/21 at 3:04 pm to Who_Dat_Tiger
yeah SUPER low volume
like 1 share here and there it looks like
it'll keep jumping
like 1 share here and there it looks like
it'll keep jumping
Posted on 1/29/21 at 3:05 pm to xenythx
There is no reason for a long holder to flinch on Monday
Posted on 1/29/21 at 3:06 pm to Who_Dat_Tiger
I just looked through my GME purchase history and my dumbass cancelled a 1/29 $52 call for $1.74.
$174 to $25K+. Thats gonna sting for a while lol
$174 to $25K+. Thats gonna sting for a while lol
Posted on 1/29/21 at 3:06 pm to JohnnyKilroy
quote:
For our safety
we are only allowed to invest into companies with "good fundamentals"
This post was edited on 1/29/21 at 3:07 pm
Posted on 1/29/21 at 3:07 pm to Shankopotomus
quote:
ok so $325.00 market close
now what
The establishment gathers their troops and we get ready...
Posted on 1/29/21 at 3:07 pm to slackster
But they will state they are restricting it for liquidity reasons or due to other technical factors.
When is the last time a stock has been limited to sell only due to a fundamental disagreement of the price?
The guy fricking said people should invest their money in other companies who are doing well and that they are doing it specifically to prevent the hedge funds and brokerage houses who created this situation from being the bagholders. The actual squeeze was imminent.
The reason they are fighting this one is because the whole world knows what is supposed to happen. It’s not like previous squeezes where a very small number of people were able to figure it out right before or as it was happening.
Idk how anyone can say the action of artificially and intentionally suppressing demand in this manner was a well known and expected outcome.
When is the last time a stock has been limited to sell only due to a fundamental disagreement of the price?
The guy fricking said people should invest their money in other companies who are doing well and that they are doing it specifically to prevent the hedge funds and brokerage houses who created this situation from being the bagholders. The actual squeeze was imminent.
The reason they are fighting this one is because the whole world knows what is supposed to happen. It’s not like previous squeezes where a very small number of people were able to figure it out right before or as it was happening.
Idk how anyone can say the action of artificially and intentionally suppressing demand in this manner was a well known and expected outcome.
This post was edited on 1/29/21 at 3:12 pm
Posted on 1/29/21 at 3:07 pm to rocket31
So what happens now? Will there be any movement over the weekend? Do the hedge funds continue to pay interest over the weekend?
Posted on 1/29/21 at 3:09 pm to TigerTatorTots
Think about all the call options below the $320 strike that are going to be exercised at 100 shares each.
The fact everyone held their ground today sets a much larger stage for next week
The fact everyone held their ground today sets a much larger stage for next week
Posted on 1/29/21 at 3:11 pm to TheChosenOne
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