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re: So I bought some Gamestop(GME)
Posted on 2/1/21 at 4:53 pm to EarlyCuyler3
Posted on 2/1/21 at 4:53 pm to EarlyCuyler3
I may very well regret this but oh well. I'm out.
After ten days of having the ticker up all day at work and my stress level being way too high, I'm out for a 72% profit.
I know - hard to complain with a 72% return in just over a week, but it stings right now for sure. If nothing else, this reinforced that playing stocks just isn't for me (I obsess over the movements). Give me by VOO and QQQ with reinvested dividends and leave me be.
Its been fun.
After ten days of having the ticker up all day at work and my stress level being way too high, I'm out for a 72% profit.
I know - hard to complain with a 72% return in just over a week, but it stings right now for sure. If nothing else, this reinforced that playing stocks just isn't for me (I obsess over the movements). Give me by VOO and QQQ with reinvested dividends and leave me be.
Its been fun.
2
Posted on 2/1/21 at 4:57 pm to EarlyCuyler3
quote:
Reddit says it's still a ladder attack or whatever. Guess we will find out in the morning. Definitely hard to see it hitting anywhere near 200 again right now.
Yeah, I can't predict the future so who knows...maybe it does run again, but at the end of the day whether it was sell offs or a short ladder, I think the net net is the same...down big. Everyone needs to decide for themselves how they want to respond.
Posted on 2/1/21 at 5:01 pm to Chucktown_Badger
DeepfrickingValue didn't even sell any options
Still in it
Still in it
Posted on 2/1/21 at 5:03 pm to Chucktown_Badger
quote:I could see a fomo + retard bounce followed by people getting out while the getting is still good. Just depends if WSB can convince their followers the ride isn’t over.
maybe it does run again
Posted on 2/1/21 at 5:09 pm to WDE24
SIAP
quote:
To help explain what happened and why we had to take action, we wrote a letter to our customers and captured the key understandings for you below: For Robinhood to operate, we must meet clearinghouse deposit requirements to support customer trades. Deposit requirements are determined in part by how much stock a firm’s customers hold. If a firm’s customers’ holdings are volatile, a broker (in this instance Robinhood) is obligated to meet higher deposit requirements. Last week, in part due to volatility in some popular stocks, Robinhood’s deposit requirements rose tenfold. The combination of the deposit increase and the extraordinary increase in volume on these particular symbols led us to put temporary buying restrictions in place on a small number of those stocks. We had to take steps to limit buying in those volatile stocks to ensure we could comfortably meet our deposit obligations. We didn’t want to stop people from buying stocks and we certainly weren’t trying to help hedge funds.
Posted on 2/1/21 at 5:10 pm to JohnnyKilroy
quote:
The loss porn on this one will be special
Lots of heroic futility on display
Posted on 2/1/21 at 5:24 pm to Big_Slim
quote:
$185 now
What is love...baby don’t hurt me...don’t hurt me...no more..
Posted on 2/1/21 at 6:21 pm to DVinBR
DFV is the face of the movement at this point. If he sells, everyone will bail.
That dude has balls of steel to hold through all of this.
That dude has balls of steel to hold through all of this.
Posted on 2/1/21 at 6:29 pm to htcthc321
quote:
That dude has balls of steel to hold through all of this.
I mean it was never about the squeeze for him, he truly believes in the Company. Anything over $25 and I’m sure he’s happy. Dude isn’t taking any realized losses
Posted on 2/1/21 at 6:37 pm to boomtapp
quote:
I may very well regret this but oh well. I'm out.
Bought on Tuesday at $113.
Sold a third the next day at $300.
Sold another third on Friday at $394.95.
Sold the remaining third today at $266. Largely because I didn’t have a chance to watch it all day.
Thursday and Friday were top five lifetime gambling experience for me. It was awesome.
Posted on 2/1/21 at 6:38 pm to dirtsandwich
quote:
Thursday and Friday were top five lifetime gambling experience for me. It was awesome.
Considering buying a little more tomorrow.
Posted on 2/1/21 at 6:43 pm to 13SaintTiger
quote:
mean it was never about the squeeze for him, he truly believes in the Company. Anything over $25 and I’m sure he’s happy. Dude isn’t taking any realized losses
Dude could have started his own GME if he sold at the peak.
Posted on 2/1/21 at 6:48 pm to boomtapp
You boys got paper hands.
DIAMOND HANDS HOLD!
DIAMOND HANDS HOLD!
Posted on 2/1/21 at 6:49 pm to dirtsandwich
quote:
Thursday and Friday were top five lifetime gambling experience for me. It was awesome.
I was walking on air all week last week. The buy limits were the beginning of the end and I got out Friday. Don’t let Reddit dorks you’ve never met talk you into leaving profit on the table. The shorts trying to bankrupt GameStop when it was 4/share took a beating, that’s good enough for me.
Posted on 2/1/21 at 7:09 pm to 13SaintTiger
Lol yeah but wasn't he making like 35K a year? And he was up to like 38 million and some change at the top.
That's fricking insane that he held lol. Watch this shite bleed for days and then the squeeze actually occurs and DFV has like 100 million after it's all said and done
EDIT: it was 46 million & some change. He sold 300 calls and has 13+ million in cash in his account
That's fricking insane that he held lol. Watch this shite bleed for days and then the squeeze actually occurs and DFV has like 100 million after it's all said and done
EDIT: it was 46 million & some change. He sold 300 calls and has 13+ million in cash in his account
This post was edited on 2/1/21 at 7:17 pm
Posted on 2/1/21 at 9:14 pm to htcthc321
Posted on 2/1/21 at 9:17 pm to htcthc321
quote:
then the squeeze actually occurs
It was barely a squeeze before brokers had manipulate the market. For the life of me I don’t understand why they didn’t halt buys and sells
Posted on 2/1/21 at 9:49 pm to 13SaintTiger
quote:
For the life of me I don’t understand why they didn’t halt buys and sells
I’m pretty certain they can’t stop you from selling something if the market is open and operating.
Posted on 2/1/21 at 9:58 pm to slackster
quote:
I’m pretty certain they can’t stop you from selling something if the market is open and operating.
The sec can and I believe the leaders in the exchanged can halt trading. They do it a different points for stocks as well during mergers. Penny stock land is full of trading halts, and all sorts of crazy structuring and renaming that requires temporary halts for different reasons
Posted on 2/2/21 at 12:02 am to oklahogjr
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