Economy stonks v13, gamestonkegeddon

[EndlessCritic]

rh said they'd allow people to buy them tomorrow, in some capacity. (seriously, this is the reason)

source?

 

[kahiljabroni]

Haven't we already seen what happens when your next door neighbour buys stonks? The buying pressure this week creased them.

They had to play dirty and today there not winning by much considering no one can buy stonks.

Simple maths says if everybody pours back in like before it's game over for the fat guys in white shirts in wall steeet.

all this gamestop/broker shit has me flustered and way off my game. i had a goldmine set up with bb and had to bail on it today. then i hear that rh is opening it up tomorrow so i was planning on snatching that, which is why i didn't want to load up on crashing nvax AH... of course, i would have exited 3 minutes later for a YUGE gain, but... shit. i would be in a different position if i didn't have brokerages fucking around with my shit.

i rarely get flustered over shots i didn't take/etc, (and i'm still pretty level headed, even now) but this shit is affecting my moves and costing me money now.

Same here. I made a lot of money yesterday and between getting cocky and today's fuckery I'm taking hits tomorrow.


I actually bought puts on bbby 2-5, bb 2-5, and fizz 2-19.....close to the low for the day. Then the brokerages start allowing trading and Elon tweets and my shits worthless. Not a ton of money but 20% of yesterday's work.

Probably made matters worse by buying sqqq at close because I saw the memes building and it think if they all rocket tomorrow we'll have a major selloff like yesterday. Sure I'm wrong. I need to take a step back and go back to basics

 

[rob mafia]

Never heard of those boomers. I like TOS so I’m staying there until they don’t let me buy stocks.

i'm surprised you're happy with tos/tda.

their outages, interest rates, and option fees drive me insane.

funny anecdote, i talked to my tda guy (who kept calling me before this, for basically no reason) after the rh outage in 3/2020 and said i could move all my funds to tda if they could cut me a deal on the options fees. he tried to downplay the costs and said i wouldn't notice the fees. i begged to differ. he said one would need to trade tons of options for it to matter a lot. i laughed. he asked me how many options i traded in a month. his demeaner changed dramatically when i answered and he quickly ended the phone call, telling me that he'd call me back.

never did get another phone call from him.


also, didn't tda just restrict the same stocks in the past 2 days?

source?

dude. he said it on national tv, for starters.

 

[Gas121]

These APPs will probably not let peasants buy stock til it’s safe for hedge funds to close. It seems like there’s no rules right now.

The Robinhood CEO is literally deep in hedge funds pocket. Vlad Tenev's interview was laughable and fishy asf. RobinHood do not want you to win. Nobody should be using them EVER again, Period.

Moonshot below very similar to the GME dip here but obviously with the restrictions in place its going to be more difficult. If people are allowed to buy shares again its inevitable.

 

[PaleMoonlight]

Seems like there will be some buy restrictions but unspecified on details. Only Fidelity I've seen so far seems to be letting anything go.

Vanguard is selling GME too but it probably takes days to get account approved.

 

[MMAisGod]

source?

“Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed,” Robinhood said in a statement.

Robinhood said its decision to restrict trading — which angered many users — was in order to comply with capital requirements mandated by the SEC for broker dealers.

“These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today,” the company said.

https://www.cnbc.com/2021/01/28/rob...rities-friday-gamestop-jumps-after-hours.html

 

[kahiljabroni]

Buy back the dip in the memes imo. They haven't even ran that hard. Huge orders wil be getting executed next week once portfolios are transferred.

BB craze and NOK is insane on fb, groups with 300k users. I think there both positioned for take off Monday. Also a few other social media outlets are taking bigly. Not sure if the shorts will be able to keep it down with the buying momentum next week.

Careful bb and nokia aren't short squeezes just pumps. Also heard fb shutdown some groups.. go figure

 

[rob mafia]

Same here. I made a lot of money yesterday and between getting cocky and today's fuckery I'm taking hits tomorrow.


I actually bought puts on bbby 2-5, bb 2-5, and fizz 2-19.....close to the low for the day. Then the brokerages start allowing trading and Elon tweets and my shits worthless. Not a ton of money but 20% of yesterday's work.

Probably made matters worse by buying sqqq at close because I saw the memes building and it think if they all rocket tomorrow we'll have a major selloff like yesterday. Sure I'm wrong. I need to take a step back and go back to basics

i know, right? it sucks when we have a good strategy/execution, and then suddenly we're trading against brokerages instead of the market, fucking up all our shit and hitting us in the pocket.

 

[MamaSaidKYTFO]

Holy heck. I never thought I would say this but Trump was fucking onto something.

Are China the real communists? My brain is fried at this point because the west are looking like the commies.

This is some scary shit.

why does this bother you guys? Google just removing spam from a bunch of cry babies gang posting fake reviews because they were mad at RH for one day of not trading gamestop and a few others. If you only have one broker you are doing it wrong. I have RH, td ameritrade, and schwaub. If you mad then don't use RH

 

[MMAisGod]

Vanguard is selling GME too but it probably takes days to get account approved.

Yea seems like a lot will sell the meme stocks at some concentrated capacity. People know what to expect in advance on Friday to a certain extent so that's something at least. Deposits to active accounts shouldn't be a problem though.

 

[PaleMoonlight]

https://www.cnbc.com/2021/01/28/rob...rities-friday-gamestop-jumps-after-hours.html

lol bullshit. Of course it’s to protect consumers.

 

[Hadron90]

TD Ameritrade going all out with the trading restrictions. Even $KOSS is getting restrictions. I guess this is the new normal.

 

[kahiljabroni]

Tomorrow is going to be interesting af.

I can see this playing out a few ways.


1. We've been had. The shorts bought to cover today...maybe some yesterday. I know the brokerages are showing its still fully shorted but considering everything they've done so far they would definitely lie about that. Maybe they also bought shares to dump Tomorrow as the flood of queued buys pour in to recap their dough.


2. They haven't covered and the flood gates open tomorrow. I think it could really shake people's confidence in the general market...mass selling like yesterday. Stonks go to the fucking moon and suck in capital like a black hole.

3. Politicians, brokers, sec, etc could step in and either
A. Shut down the system...in any number of ways.

Or

b. they could let the squeeze happen and bail out their hedge fund buddies in the next stimulus because they're too big to fail and hey its not real money anyway.

 

[Proud American]

why does this bother you guys? Google just removing spam from a bunch of cry babies gang posting fake reviews because they were mad at RH for one day of not trading gamestop and a few others. If you only have one broker you are doing it wrong. I have RH, td ameritrade, and schwaub. If you mad then don't use RH

This is egregious bootlicking for major corporations.

Millions of people use the app, and hundreds of thousands if not millions are in on this trading on GSE right?. They got screwed by robinhood. They complain and rightfully so.

your hot take is to call them crybabies and to defend the corruption of tech corporations and Wall Street?

That’s just sad.

 

[Gas121]

why does this bother you guys? Google just removing spam from a bunch of cry babies gang posting fake reviews because they were mad at RH for one day of not trading gamestop and a few others. If you only have one broker you are doing it wrong. I have RH, td ameritrade, and schwaub. If you mad then don't use RH

I literally cannot believe what you just wrote. Are you actually that fucking naive in general and in life?

My gosh, I have lost hope if people still think its OKAY to let things pass like this. You watched corruption in front of your own eyes and your OKAY with it?

Sorry man but you really need a reality check.

 

[ITOT1]

Guys, can I buy shares of AMC and GME at E-Trade?

 

[Hadron90]

why does this bother you guys? Google just removing spam from a bunch of cry babies gang posting fake reviews because they were mad at RH for one day of not trading gamestop and a few others. If you only have one broker you are doing it wrong. I have RH, td ameritrade, and schwaub. If you mad then don't use RH

Isn't leaving a bad review when you are mad usually how bad reviews work? Do people leave one star reviews on a product they like?

 

[GearSolidMetal]

Wow.

Fucking wow.

Edit - Probably fake. 'Moshie Horowitz?'

 

[Hadron90]

Remember not to buy any shares on RH tomorrow. Use Fidelity instead. RH is a trap. They are gonna get you to buy shares then close your position for a ridiculously low price.

 

[Hadron90]

Wow.

Fucking wow.

If it were real, they'd link it.