Investing, Stock Market and Retirement Planning Thread
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Investing, Stock Market and Retirement Planning Thread
Absolutely insane. Can’t fight big money I guess
Investing, Stock Market and Retirement Planning Thread
I've long thought that the only way this wouldn't happen is something illegal.
Damnit I was right again.
Damnit I was right again.
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Investing, Stock Market and Retirement Planning Thread
We can, and are. Whales aren't using RH for their buys, and all PM is doing right now is providing incentive to buy more shares. Like I am, right now.
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Investing, Stock Market and Retirement Planning Thread
lol, RH is completely locked up for everyone right now.
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Investing, Stock Market and Retirement Planning Thread
Yeah RH app is bombing out. I'm just gonna sit back and watch everything burn for a bit. Nothing I can do haha.
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Investing, Stock Market and Retirement Planning Thread
Halted at open?
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Investing, Stock Market and Retirement Planning Thread
Yep.Halted at open?
Investing, Stock Market and Retirement Planning Thread
Halted at 300?? lol
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Investing, Stock Market and Retirement Planning Thread
Thank you sir, this explains it very wellwhen you short a stock, it goes like this:Understood, but in order to sell your stock, you need a buyer, correct? Who are these buyers now that the retail investors are shut out - the whales? Why would they buy the stock when their interest is in the stock dropping?Retail investors like us aren't what's driving the bigger fluctuations - the whales are. And there are plenty invested in GME right now.
I'm not sure what shorting a stock really means. Yes, you're betting the stock drops in price, but where are these "winnings" coming from when the stock does indeed drop?
The short borrows the stock with the agreement to return it to the broker that it borrows the stock from
The short sells the stock
The short hopes to buy the stock back at a later date at a lower price.
The short makes a profit by pocketing the difference between the price it sold the stock at the start of the transaction and the price it buys the stock at a later date.
In between the time the short sells the stock and repurchases the stock, it has to pay interest to the broker that it borrowed the stock from. It also has to post collateral to protect the broker. The higher the price of the stock, the more collateral it has to post.
Investing, Stock Market and Retirement Planning Thread
Yea, gonna go ahead and say the system is rigged, and this is gonna be some major f*ckery if Friday was the deadline.
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Investing, Stock Market and Retirement Planning Thread
F***. Lost 2 more shares when my stop-loss executed at $250. Glad it didn't completely tank PM, since I had the rest set at $175, but I have now cancelled that. F*** these dadholes.
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Investing, Stock Market and Retirement Planning Thread
Yeah I canceled mine. **** them, this was money I could afford to lose. The rocket stalled but it will be refueled by the end of the day, then if we can all hold through whatever other f*ckery comes tonight we shoot past the moon on Friday into MondayF***. Lost 2 more shares when my stop-loss executed at $250. Glad it didn't completely tank PM, since I had the rest set at $175, but I have now cancelled that. F*** these dadholes.
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Investing, Stock Market and Retirement Planning Thread
I can't **** believe this is happening. Criminal.
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Investing, Stock Market and Retirement Planning Thread
I'm getting set up on a different platform. **** RH
Investing, Stock Market and Retirement Planning Thread
halted twice in 10 minutes, and just soaring back to 400 lol. I was so mad about 20 minutes ago.
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Investing, Stock Market and Retirement Planning Thread
Again I think they underestimate the power of the internet and determined people.
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Investing, Stock Market and Retirement Planning Thread
Maybe Robinhood should change their name to Nottingham
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Investing, Stock Market and Retirement Planning Thread
Maybe Robinhood should change their name to Nottingham
Investing, Stock Market and Retirement Planning Thread
Ironic considering the last weekAgain I think they underestimate the power of the internet and determined people.
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Investing, Stock Market and Retirement Planning Thread
I think they think people will just give up eventually. I think people just dig in more.Ironic considering the last weekAgain I think they underestimate the power of the internet and determined people.
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Investing, Stock Market and Retirement Planning Thread
Once I eventually cash out on GME I will be switching apps rrom RH to whatever small change stock i plan to mess with next.
Last edited by skullman80 on Thu Jan 28, 2021 9:52 am, edited 1 time in total.
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Investing, Stock Market and Retirement Planning Thread
It's the whales driving the buying volume, which is why all we have to do is just hold.
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Investing, Stock Market and Retirement Planning Thread
If we all go to the same brokerage, let's just make sure that we capitalize and provide each other referrals.Once I eventually cash out on GME I will be switching apps to whatever small change stock i plan to mess with next.
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Investing, Stock Market and Retirement Planning Thread
If we all go to the same brokerage, let's just make sure that we capitalize and provide each other referrals.Once I eventually cash out on GME I will be switching apps to whatever small change stock i plan to mess with next.
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