Investing, Stock Market and Retirement Planning Thread

[Pavel Bure]

Topped out at what $155? Then fell hard. It’d being interesting to read a breakdown of this after it’s over that explains it like someone would to a child.

[NTP66]

It was a number of things, and I think weeded out a bunch of paper hand dodints. I'm sure somebody will explain the day in another thread that includes data. I believe there was probably some margin calling, too.

[mac5155]

ELL5 margin calling

[NTP66]

ELL5 margin calling

They borrowed money to buy shares on margin, and now have to pay for the shares at market price (which is much, much higher now).

https://www.investopedia.com/terms/m/margincall.asp

[mac5155]

So a margin call would expect the price to rise drastically ?

[King Colby]

So where do we go from here? Is there still fun to be had and crazy days ahead for GME

[skullman80]

So where do we go from here? Is there still fun to be had and crazy days ahead for GME

Yes. Just gotta be patient.

Note: This is not investment device. I just started doing this on Friday and am playing with house money that I don't care if I lose.

[MrKennethTKangaroo]

So a margin call would expect the price to rise drastically ?

If you borrowed on margin to buy a specific stock, a margin call would generally lead a lower price in a stock. When a margin call happens, whoever lent the money says "hi, pay us back some money." and in order to get the money, the borrower has to liquidate some or all of their holdings. If their holdings are concentrated in one stock, it can lead to a price drop in that stock.

in a way, it causes the opposite effect of a short squeeze.

[mikey]

[NTP66]

DFV FTW

[skullman80]

I mean even after taxes that dude is set for life. Not counting how much higher it could go.

[NTP66]

I mean even after taxes that dude is set for life. Not counting how much higher it could go.

Yep. And he's still holding.

[mac5155]

If he can hold i guess I can.

[Pavel Bure]

So a margin call would expect the price to rise drastically ?

If you borrowed on margin to buy a specific stock, a margin call would generally lead a lower price in a stock. When a margin call happens, whoever lent the money says "hi, pay us back some money." and in order to get the money, the borrower has to liquidate some or all of their holdings. If their holdings are concentrated in one stock, it can lead to a price drop in that stock.

in a way, it causes the opposite effect of a short squeeze.

See also the movie “Margin Call.” Jeremy Irons as usual is great.

[mac5155]

GME don't care bout no closed markets

[NTP66]

Some think that it’s some shorters covering in AH. At any rate, hold, don’t be a paper hand dodint.

[mac5155]

I'm holdin bro

[mikey]

$GME, $BB, $AMC, $CCIV...buy those things if you ever want to get an erection again...

If you're all done with your little weenus, you can watch from the closet with your soft ass JPP hands and not own any of those stocks...

[NTP66]

All I got from that is you’re unable to get erections without assistance.

[MalkinIsMyHomeboy]

is mikey just an AI that generates comments for r/WSB or something?

[NTP66]

Sir, this is a Wendy’s.

[mikey]

All I got from that is you’re unable to get erections without assistance.

Psssh...no...*looks around nervously*

[mikey]

is mikey just an AI that generates comments for r/WSB or something?

mikey generates wealth for non-losers...quite frankly, I'm surprised you can even see my posts...

[NTP66]

[MalkinIsMyHomeboy]

I’m rich in the soul