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1
Posted on 1/28/21 at 1:05 pm to captron
I'm enjoying this drama as much as the rest. It's going to be fascinating to see what falls out of Robinhood halting buys.
I also love that the "little guys" are "sticking it to the man," for once.
However, I do not buy the altruism of the reddit folks, pretending it's more about making a point, than FOMO and trying to get rich quick. A lot of those guys are going to get burnt badly too.
I also love that the "little guys" are "sticking it to the man," for once.
However, I do not buy the altruism of the reddit folks, pretending it's more about making a point, than FOMO and trying to get rich quick. A lot of those guys are going to get burnt badly too.
Posted on 1/28/21 at 1:07 pm to 1BamaRTR
Ted Cruz and AOC are both pushing to look into RobinHood's trading platform. Those two never agree on anything.
Robinhood is in deep shite.
Robinhood is in deep shite.
This post was edited on 1/28/21 at 1:08 pm
Posted on 1/28/21 at 1:10 pm to The Boat
Kadron Boone
Forgot about that dude
Forgot about that dude
Posted on 1/28/21 at 1:13 pm to StickD
quote:
If you only sell and can't buy on a platform who are you selling to ?
Now that you mention-who IS buying the shares? I guess I didn’t think that one out. If you can only sell-who are the buyers? Now I’m confused.
Posted on 1/28/21 at 1:18 pm to Grievous Angel
Posted on 1/28/21 at 1:20 pm to Bobby OG Johnson
If you can only sell but can't buy I assume the institutional hedge fund people are the ones buying the stocks to hedge against their shorts gone wrong. The volume is crazy low compared to the last 2 days so it seems many are still holding and not panic selling.
Which is part of the reason why shutting the brokerages down for Gamestop trades is manipulation.
Which is part of the reason why shutting the brokerages down for Gamestop trades is manipulation.
Posted on 1/28/21 at 1:21 pm to Arthur Bach
quote:
Now that you mention-who IS buying the shares? I guess I didn’t think that one out. If you can only sell-who are the buyers? Now I’m confused.
only retail investors have been stripped of the ability to buy. Hedge funds, I believe, can trade freely with impunity and retail investors are free to sell.
If what I described is accurate, it’s pretty fricked
This post was edited on 1/28/21 at 1:21 pm
Posted on 1/28/21 at 1:24 pm to Ross
quote:
only retail investors have been stripped of the ability to buy. Hedge funds, I believe, can trade freely with impunity and retail investors are free to sell.
If what I described is accurate, it’s pretty fricked
Some retail investors*
Yes. it's fricked.
Posted on 1/28/21 at 1:25 pm to Grievous Angel
quote:
A lot of those guys are going to get burnt badly too.
A lot of them made out like bandits too.
Posted on 1/28/21 at 1:33 pm to tgrbaitn08
Portnoy - Trump jr 2024
Posted on 1/28/21 at 1:35 pm to tgrbaitn08
I saw Dave Portnoy’s video. The more I hear him, the more I agree with most of his views. The Winklevoss twins are all over it, too.
With every day feeling like a chapter of Revelations for the last 9 months, leave it to r/wallstreetbets and their stonk talk to unite as all
With every day feeling like a chapter of Revelations for the last 9 months, leave it to r/wallstreetbets and their stonk talk to unite as all
Posted on 1/28/21 at 1:37 pm to tgrbaitn08
Not anymore
Posted on 1/28/21 at 1:38 pm to Mootsman
Not something you see every day - 52 week high and down 40% in the same day.
Posted on 1/28/21 at 1:38 pm to goofball
quote:
Some retail investors*
I don’t understand. These are the guys against the stock rising. They still see it at as a single digit stock...why would they buy in the $200s? This is above my intelligence. Why would they want the volatility?
Posted on 1/28/21 at 1:43 pm to goofball
quote:
Ted Cruz and AOC are both pushing to look into RobinHood's trading platform. Those two never agree on anything.
Robinhood is in deep shite.
Bookmark this post and come back to let us know what happens to them. I’d be shocked if they lose a court case or see any regulatory actions filed against them.
Everything that’s happening on both sides of this is legal.
Posted on 1/28/21 at 1:43 pm to slackster
quote:
slackster
quote:
Will be tossed out. Perfectly legal.
Posted on 1/28/21 at 1:44 pm to Arthur Bach
quote:
I don’t understand. These are the guys against the stock rising. They still see it at as a single digit stock...why would they buy in the $200s? This is above my intelligence. Why would they want the volatility?
Retail investors are mom and pops, Robinhood, etc.
Posted on 1/28/21 at 1:46 pm to Grievous Angel
quote:
However, I do not buy the altruism of the reddit folks, pretending it's more about making a point, than FOMO and trying to get rich quick. A lot of those guys are going to get burnt badly too.
This has been my point today. This idea they’re willing to hold it all the way down just to stick it to shorts is a cover to have the next idiot buy it off their hands. All of these paper profits go up in smoke if you can’t liquidate to someone who believes it’s worth $483+.
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