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Link Posted: 1/28/2021 9:05:24 AM EDT
[#1]
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Quoted:

This is the way
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x2
Link Posted: 1/28/2021 9:06:38 AM EDT
[#2]
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Quoted:

This is unprecedented not, the same. You basically now have a force outside of Wall Street manipulating stocks. the future of this is unknown right now.
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Quoted:
Quoted:

If you're young, let it ride. There's ups and downs in the market all the time.

< Not a financial advisor

This is unprecedented not, the same. You basically now have a force outside of Wall Street manipulating stocks. the future of this is unknown right now.

Nobody knows nothing about the future direction of the stock market

Also wsb role is a bit sensationalized due to their social media popularity and getting picked up by the media. Also they will be scapegoated in future regulations. Hedge funds and institutions have a bigger role in this and are also making huge profits pushing up gme prices
Link Posted: 1/28/2021 9:08:13 AM EDT
[#3]
Link Posted: 1/28/2021 9:11:24 AM EDT
[#4]
I threw some at amc today.  

In to stick it to the man!
Link Posted: 1/28/2021 9:12:25 AM EDT
[#5]
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It’s not a lot of money, but it is basically my life savings. It’s about 20 grand. I guess really I should just let it sit and if it does dip buy a few extra shares at the discount and bring my average cost down
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Yes.  Leaving it alone will work better for you in the long run vs trying to guess the bottoms and re-entering.  There are exceptions to that rule, but in the end that's a good rule.  

Then buy the dips.
Link Posted: 1/28/2021 9:13:13 AM EDT
[#6]
AMC is currently not supported on RH
Link Posted: 1/28/2021 9:15:11 AM EDT
[#7]
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Quoted:
AMC is currently not supported on RH
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Neither is GameStop
Link Posted: 1/28/2021 9:15:59 AM EDT
[#8]
Link Posted: 1/28/2021 9:17:39 AM EDT
[#9]
Robinhood?

They can't sell fractional shares unless the markets are open.
Link Posted: 1/28/2021 9:18:38 AM EDT
[#10]
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Tech support coming in from the back to help out.
Link Posted: 1/28/2021 9:18:57 AM EDT
[#11]
LOL.


Link Posted: 1/28/2021 9:20:28 AM EDT
[#12]
Link Posted: 1/28/2021 9:24:09 AM EDT
[#13]
Hilarious

Link Posted: 1/28/2021 9:26:04 AM EDT
[#14]
I put in orders last night on robin hood but they didn't go through. What the fuck?!

Still says queued?
Link Posted: 1/28/2021 9:26:51 AM EDT
[#15]
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Interesting that Trumpism is now just another word for David vs Goliath
Link Posted: 1/28/2021 9:27:40 AM EDT
[#16]
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Quoted:
I put in orders last night on robin hood but they didn't go through. What the fuck?!

Still says queued?
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RH blocked all the stocks just now.
Link Posted: 1/28/2021 9:28:09 AM EDT
[#17]
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The SEC can't stop what's coming without fundamentally fucking up the market.

The problem is/was institutional investors, who knew better, shorted GME well past what was available in stock to cover should the opposite play get wind and attack. The tard factor was never considered because institutional investors didn't ever consider that short bus riders would independently band together as a group on a counter play.

Now on Friday the smartest people in the room will get pounded in the ass on an epic level for their hubris. FUCKING EPIC LEVEL.  

The tards are in it for the lols now and this will have an effect on the market because in a normal world profit would be taken and shorts would loose their asses but at least there would be shares available to cover.  The tards don't care about profit right now.  If they don't sell the price will theoretically go up indefinitely.  Tards will tell the tale of how they lost a 50 spot sticking it to the man.

The following 'may' occur.  

The broader market effect is the law of unintended consequences.  There has to be a cover.  There won't be shares available to cover.  There will be margin calls.  There will be a lack of cash to cover the margin calls, because the smartest people in the room are heavily leveraged all over the place.  They will have to start selling everything not nailed down to come up with the cash to cover.  As everyone starts selling everything to cover, the computer algorithms will kick in and freak and start selling to take profit. Everyone, with any smarts, will head to cash to see what's left to buy on Monday and discounted prices.

In short, you could see a 86/08 moment.

The fundamental reason for what is going to happen on Friday, free FED money, hubris and tard, will still exist on Monday. So if what I think is going to happen, next week will be a wild ride with long plays becoming available at heavily discounted prices.

Until free FED money stops or FED says the little guy can't play in the sand box, the markets will be severely overvalued and these types of events will continue from time to time as hubris and tard run into each other.
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Excellent summary.

My wife is about to get online with her team.  Her high dollar bosses are probably trying to figure out how to make money off of this while not losing their own asses.

Good times.

Link Posted: 1/28/2021 9:29:37 AM EDT
[#18]
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Quoted:

Interesting that Trumpism is now just another word for David vs Goliath
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Exactly what I was thinking.
Link Posted: 1/28/2021 9:31:20 AM EDT
[#19]
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RH blocked all the stocks just now.
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That is some fucking bullshit.
Link Posted: 1/28/2021 9:31:36 AM EDT
[#20]
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Quoted:


RH blocked all the stocks just now.
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Getting fucking ridiculous now.  I was going to go for fractional shares to support the bois but these fuckers are pulling out all the stops.
Link Posted: 1/28/2021 9:37:15 AM EDT
[#21]
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That is some fucking bullshit.
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Yeah it is.  I just signed up, and now I can't buy AMC.
Link Posted: 1/28/2021 9:37:56 AM EDT
[#22]
Link Posted: 1/28/2021 9:38:49 AM EDT
[#23]
Link Posted: 1/28/2021 9:38:56 AM EDT
[#24]
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Yeah it is.  I just signed up, and now I can't buy AMC.
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I had orders in for AMC, GME, NOK, NKED ... now suddenly RH doesn't support any of those stocks.

"wE wANt To DeMOcRATiZE StOCk TrADinG!"
Link Posted: 1/28/2021 9:39:00 AM EDT
[#25]
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So fucked up.  Where else can a normie like me buy stock?
Link Posted: 1/28/2021 9:39:05 AM EDT
[#26]
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Yeah it is.  I just signed up, and now I can't buy AMC.
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Same here.  Is this as blatant as it seems?  Fucking bullshit.

Remember guys...this is a rigged system and you (we) are not on the inside.  The players involved here are panicking because the dirty poors got a taste of winning...
Link Posted: 1/28/2021 9:42:21 AM EDT
[#27]
I had amc prior to all this and still have access. Maybe it's only newcomers. Still thats fucked.
Link Posted: 1/28/2021 9:43:23 AM EDT
[#28]
Looks like AAL is next

ETA: Up 42% premarket
Link Posted: 1/28/2021 9:44:41 AM EDT
[#29]
Some people if not a lot of people are going to hold on too long and lose it all. Very few will have gotten in early and took their profits along the way. Someone will buy stocks at their highest.
Link Posted: 1/28/2021 9:45:24 AM EDT
[#30]
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Quoted:
Looks like AAL is next

ETA: Up 42% premarket
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RH wont even let me search for that. lol.
Link Posted: 1/28/2021 9:46:02 AM EDT
[#31]
You can’t control animal spirts.

You can block the animals access to the food though.

There is going to be lawsuits and the trading platform lawyers want to limit exposure when it goes boom.

Don’t be surprised if your accounts will be frozen from taking your profits. This will cause another series of issues and a run.

GME to the moon is going to cause a liquidity squeeze.  Hide and watch.

EPIC boys...fucking epic


Wait until the paper precious medals market soft non existent under belly gets exposed.

You think there is enough physical to cover the paper...your wrong.
Link Posted: 1/28/2021 9:46:40 AM EDT
[#32]
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Quoted:
Some people if not a lot of people are going to hold on too long and lose it all. Very few will have gotten in early and took their profits along the way. Someone will buy stocks at their highest.
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That somebody will the the hedge fund who naked shorted the stock.

Or that is the plan
Link Posted: 1/28/2021 9:47:09 AM EDT
[#33]
Robinhood is probably scared shitless that the SEC will come for them over this. They already have a spot light on them for other reasons.
Link Posted: 1/28/2021 9:48:35 AM EDT
[#34]
There's a psychological term for what's going on : "altruistic punishment".  

Sociologists developed an experiment in which four participants are given $10 each and told that they can keep as much as they want for themselves or contribute as much of it as they like into a common pot that will then be doubled by the experimenter and split equally among the participants. Every dollar contributed by an individual benefits the entire group by doubling, and the individual gets 50 cents for every dollar contributed by someone else, but only gets 50 cents of one of his own contributed dollars back.  A person who contributes little receives as much back from the pot as someone who contributes a lot, at lower cost, and thus has the most money, so there's a personal incentive to be greedy but it harms the group.  

In the next step the experimenter reveals what everyone contributed and each participant is given the option to take three dollars from any player and give it back to the experimenter at the cost of one dollar of their own.  The only reason to do so, at personal cost, is to punish greed that harmed the group.  Even though the group is temporary and there are no long term consequences for letting greed slide, most of the time when a participant is revealed to be greedy one or more of the other participants will spend some of their own money to bankrupt them, for no direct gain.  That's "altruistic punishment", and is thought to be one of the foundation stones of human society.

GameStop is essentially that experiment, but with 10 million participants.
Link Posted: 1/28/2021 9:48:56 AM EDT
[#35]
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Quoted:

So fucked up.  Where else can a normie like me buy stock?
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Get an account with a "real" broker.

Though that doesn't guarantee they won't do the same thing.
Link Posted: 1/28/2021 9:49:46 AM EDT
[#36]
I have robinhood and I can only sell not buy, I’m probably going to sell when trading starts.
Link Posted: 1/28/2021 9:50:09 AM EDT
[#37]
Is it time to ‘occupy’ Wall Street again?
Link Posted: 1/28/2021 9:51:03 AM EDT
[#38]
Honestly, I am bummed I didn't get in on time to ride this one but its probably for the best so I can just sit back and admire it for laughs.  This is going to be a fucking shitstorm when this comes to an end.
Link Posted: 1/28/2021 9:52:48 AM EDT
[#39]
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Quoted:
Get an account with a "real" broker.

Though that doesn't guarantee they won't do the same thing.
View Quote


This is why I have 3 brokers.  Probably should have more.

Restricting trading in these stocks is Grade A bullshit.

ItsAfraid.jpg
Link Posted: 1/28/2021 9:53:44 AM EDT
[#40]
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Quoted:
I have robinhood and I can only sell not buy, I’m probably going to sell when trading starts.
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HODL!
Link Posted: 1/28/2021 9:54:02 AM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
You can't control animal spirts.

You can block the animals access to the food though.

There is going to be lawsuits and the trading platform lawyers want to limit exposure when it goes boom.

Don't be surprised if your accounts will be frozen from taking your profits. This will cause another series of issues and a run.

GME to the moon is going to cause a liquidity squeeze.  Hide and watch.

EPIC boys...fucking epic


Wait until the paper precious medals market soft non existent under belly gets exposed.

You think there is enough physical to cover the paper...your wrong.
View Quote


Fun times indeed!

Link Posted: 1/28/2021 9:54:49 AM EDT
[#42]
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Quoted:

So fucked up.  Where else can a normie like me buy stock?
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Quoted:
Quoted:

So fucked up.  Where else can a normie like me buy stock?


I heard E-Trade still allows it, not sure if true.
Link Posted: 1/28/2021 9:55:32 AM EDT
[#43]
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Quoted:


HODL!
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Quoted:
I have robinhood and I can only sell not buy, I’m probably going to sell when trading starts.


HODL!


I’m a noob, so why should I hold?

I’m already up a cheap cup of coffee
Link Posted: 1/28/2021 9:57:07 AM EDT
[#44]
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Quoted:

So fucked up.  Where else can a normie like me buy stock?
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Quoted:
Quoted:

So fucked up.  Where else can a normie like me buy stock?


Fidelity
Link Posted: 1/28/2021 9:57:26 AM EDT
[#45]
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This is absolutely bullshit!
Link Posted: 1/28/2021 9:57:41 AM EDT
[#46]
About Time for every peasant in the world to cash out their 401k’s.  See how they make it without the po folks money.
Link Posted: 1/28/2021 9:57:43 AM EDT
[#47]
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Quoted:


This is why I have 3 brokers.  Probably should have more.

Restricting trading in these stocks is Grade A bullshit.

ItsAfraid.jpg
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Quoted:
Quoted:
Get an account with a "real" broker.

Though that doesn't guarantee they won't do the same thing.


This is why I have 3 brokers.  Probably should have more.

Restricting trading in these stocks is Grade A bullshit.

ItsAfraid.jpg
My wife is FINRA approved to trade and has all those fancy FINRA series certs...

So do many of her coworkers...

Hmmm...
Link Posted: 1/28/2021 10:00:06 AM EDT
[#49]
Vanguard looks to still have it.

I put $1k in Robin Hood. Hadn’t invested it yet. Pulled it out when they blocked everything and put it in my Vanguard.
Link Posted: 1/28/2021 10:03:29 AM EDT
[#50]
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Some people if not a lot of people are going to hold on too long and lose it all. Very few will have gotten in early and took their profits along the way. Someone will buy stocks at their highest.
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And?

At this point I don't think that they care and are just bent on exposing how lopsided the game is....And make no mistake, it is a game.

The more the SEC and the platforms limit how the "little guy" can invest the more they expose themselves as the corrupt pieces of shit that they are.

I fucking love it. Lots or red-pilling going on about now and most of it by those that never invested a dime in this mess.

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