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re: So I bought some Gamestop(GME)
Posted on 1/28/21 at 7:09 am to KickPuncher
Posted on 1/28/21 at 7:09 am to KickPuncher
robinhood took gme off their app
wtf
wtf
0
Posted on 1/28/21 at 7:09 am to rocket31
Looks like you can no longer buy GME on RH, only sell. Saw it on Reddit, I use Fidelity. Total BS.
Edit: See you beat me to it, how is that not manipulation?
Edit: See you beat me to it, how is that not manipulation?
This post was edited on 1/28/21 at 7:10 am
Posted on 1/28/21 at 7:10 am to 13SaintTiger
quote:
The resolve of retailers is much stronger than those in the suits
Resolve has nothing to do with it. The stock will go back down 90% at some point. That’s the way short squeezes works.
Posted on 1/28/21 at 7:10 am to TigeRoots
dude. I know. wtf is this
Posted on 1/28/21 at 7:10 am to DiamondDog
quote:no one should take any financial advice from anyone who's not a fiduciary
I have no problem with what’s being done, but you got people here telling others, who frankly know about as much as I do, to continue pouring their money in with the idea the run is guaranteed through next Thursday.
quote:but it's not though
All based on one guys anonymous post on a reddit message board.
There are plenty of factors to have been somewhat bullish on GME despite the enormous shorting of it's stock. Now, bullish up to 400+? doubtful. But the absurdity of how shorted the stock was(and the subsequent doubling down on that short position despite retailers going long) makes for a pretty easy/smart play to go long and hold for the squeeze.
It's fairly sound strategy even if GME doesn't have the fundamentals to support THAT much action.
But this is about hedge funds and wall street types throwing a hissy fit and demanding to be saved from a bunch of no name non MM types who are trying to bleed them. Frankly I think they deserve it.
Shorting is SUPPOSED to be very risky. Youre not SUPPOSED to be bailed out if you double down on the roulette table.
TLDR: frick THEM, We like the stock
Posted on 1/28/21 at 7:11 am to KickPuncher
Robinhood not allowing anyone to buy GME now.
This is absurd, right?
Edit: I see I’m late, also wtffff
This is absurd, right?
Edit: I see I’m late, also wtffff
This post was edited on 1/28/21 at 7:12 am
Posted on 1/28/21 at 7:11 am to rocket31
they took off nok and amc too
Posted on 1/28/21 at 7:12 am to rocket31
this changes everything
Posted on 1/28/21 at 7:12 am to DeathValley85
quote:
Robinhood not allowing anyone to buy GME now.
This is absurd, right?
Free market!
Posted on 1/28/21 at 7:12 am to DeathValley85
quote:well we gotta save poor little ole wall street hedge funds
Robinhood not allowing anyone to buy GME now
Posted on 1/28/21 at 7:12 am to DeathValley85
quote:
Robinhood not allowing anyone to buy GME now.
Y’all know robinhood makes all its money from hedge funds?
Posted on 1/28/21 at 7:12 am to rocket31
I told you. They won’t let you win. That stock going to plummet without volume and new money to sustain.
Posted on 1/28/21 at 7:12 am to DiamondDog
quote:Who said next Thursday? First I heard of that specific date.
I have no problem with what’s being done, but you got people here telling others, who frankly know about as much as I do, to continue pouring their money in with the idea the run is guaranteed through next Thursday.
But look at you fool. You are trying to spread bullshite non sense and have no creditability. If the float numbers of 200% is true, then this thing hasn't even fricking gotten started yet. Do you math? Do you? The numbers don't fricking lie, and they never had. Only lies are from the people who are too dumb to understand them.
quote:
Truth is the bottom could fall out of this thing this afternoon.
Sources
Again, this is 100% all about the fundamentals. 40-100% of the shares were over sold (shorted) and they must be bought back. Thats all you need to know and until the %of float is at 100% or lower, the squeeze is fricking on. Do you get it now?
Posted on 1/28/21 at 7:13 am to DeathValley85
shite is so scummy
Posted on 1/28/21 at 7:13 am to barry
they blocking retailers from buying so the funds can cover their shorts?
is that even legal?
is that even legal?
Posted on 1/28/21 at 7:13 am to DiamondDog
It very well could, but any frickstick who decides to invest money they can't afford to lose based on same internet message boards and doesn't expect there to be inherent risk is just as moronic as the hedgefunds overshorting this stock.
I'm up quite a bit and could have cashed out an insane 24hr profit, but I'm riding because I believe there is still significant momentum left, can I time it perfectly? hell no, but I'd rather sell at $1k and it goes to $1.5k then sell at $200 b/c I wanted to lock in minimal profits that aren't life changing.
I'm up quite a bit and could have cashed out an insane 24hr profit, but I'm riding because I believe there is still significant momentum left, can I time it perfectly? hell no, but I'd rather sell at $1k and it goes to $1.5k then sell at $200 b/c I wanted to lock in minimal profits that aren't life changing.
Posted on 1/28/21 at 7:14 am to DeathValley85
quote:talk about not knowing your customer base
Robinhood not allowing anyone to buy GME now.
This is absurd, right?
Edit: I see I’m late, also wtffff
Posted on 1/28/21 at 7:14 am to barry
quote:
Y’all know robinhood makes all its money from hedge funds?
no it doesn't. what in the world
Posted on 1/28/21 at 7:14 am to Pilot Tiger
quote:
they blocking retailers from buying so the funds can cover their shorts?
is that even legal?
Not sure, they still need people to trade on the platform though.
This post was edited on 1/28/21 at 7:15 am
Posted on 1/28/21 at 7:15 am to barry
quote:
Resolve has nothing to do with it. The stock will go back down 90% at some point. That’s the way short squeezes works.
No shite
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