Joshmyersbv
Member
It says that if I make another day trade that I'll be restricted from buying for 90 days.Lol. Step 1 is to read the Robinhood notice and see what it says. Did they mark you as a potential day trader?
It says that if I make another day trade that I'll be restricted from buying for 90 days.Lol. Step 1 is to read the Robinhood notice and see what it says. Did they mark you as a potential day trader?
I would go to a lawyer and sue she fuck out oof them if you have liquidityIt says that if I make another day trade that I'll be restricted from buying for 90 days.
Lol noOmg buy Nokia
Sounds like you're day trading which you can only do 3 times every 5 trading days.It says that if I make another day trade that I'll be restricted from buying for 90 days.
What do they count as a trade? Open and close same position or are they counting just buys or just sells too?Sounds like you're day trading which you can only do 3 times every 5 trading days.
Ah okSounds like you're day trading which you can only do 3 times every 5 trading days.
Let's see if that model bears out. Next week gonna be interesting.
Looking at GME's chart we seem to be at the "New Paradigm" phase.
Anything to do with buying and selling on the same security in one day...What do they count as a trade? Open and close same position or are they counting just buys or just sells too?
Let's see if that model bears out. Next week gonna be interesting.
Or option 2
No, but I was considering it. Too skeered.Monday is going to interesting. Anyone bought puts on GME?
the premiums must have been ridiculous
No, but I was considering it. Too skeered.
Monday is going to interesting. Anyone bought puts on GME?
the premiums must have been ridiculous
That raccoon is fucking creepyGuys you should sell. It would be so easy. Just see the little red button mark sell.
Tomorrow will test us by we drag our gigantic balls to glory.
buy and hold. Got itGuys you should sell. It would be so easy. Just see the little red button mark sell.
So they are losing a lot of money? Go hold andd buy then.
Let's see if that model bears out. Next week gonna be interesting.
So they are losing a lot of money? Go hold andd buy then.
‘Meme stock’ rally rescues AMC Theatres from $600M debt
Theater chain gets unexpected lifeline when private equity trades a corporate IOU for stockwww.polygon.com
Re: GME, that's interesting. Long-term, it's on GameStop to keep the stock price up. The stock meme will lose steam at some point soon (whether it's in a few days, weeks, or even months), and the price will drop because in the end shareholders need to believe in the long-term prospects of the company they've invested in. The price can't run on rainbows forever. GameStop management needs to convince a good chunk of their new investors that they've got really good ideas for the future of their company, and they need to do it pretty damn soon. I'm honestly not sure wtf GameStop can do to turn their business around at this point, though. What were some of the ideas being thrown out?Good for amc, I hope gamestop does something smart with the possible second chance they've been given. They've got a window to raise a lot of capital and bolster their value. With smart management they could transform the company.
Re: GME, that's interesting. Long-term, it's on GameStop to keep the stock price up. The stock meme will lose steam at some point soon (whether it's in a few days, weeks, or even months), and the stock price will drop because in the end shareholders need to believe in the prospects of the company they've invested in. The price drop won't be so dramatic if GameStop management can convince a chunk of the investors that they've got really good ideas their for the future of the company. I'm honestly not sure wtf GameStop can do to turn their business around at this point, though. What were some of the ideas being thrown out?
Nine Investors Instantly Make $16 Billion On GameStop Stock 'Squeeze'
Here's a game many would like to play how to make a billion bucks in a month? And nine investors just pulled it off with GameStop stock.www.investors.com
Fidelity has made over $3.0B, Blackrock $2.7B, and Vanguard $1.7B. Retail is not the only group making a killing over this.
Correct me if I'm wrong, but wouldn't issuing new shares dilute the stock price? Even if they're all bought up, and even if that adds to the company's value, it's not enough to maintain the $300+ stock price for long. The company's earnings are negative. How are they going to turn that around? GameStop's business is retail, not banking. And the stock price isn't just a little overvalued based on their business right now--it's wildly overvalued. It's going to have to come back down to Earth.As far as the share price, if gamestop released say, 10 million shares at current market price, they'd get immediately snatched up. Adding billions to their battle chest. Having money in the bank increases the companies value. Which would help stabilize the stock price (which currently isn't based on their value). What they do with that capital is up to them.
I shared my sentiments here:Nine Investors Instantly Make $16 Billion On GameStop Stock 'Squeeze'
Here's a game many would like to play how to make a billion bucks in a month? And nine investors just pulled it off with GameStop stock.www.investors.com
Fidelity has made over $3.0B, Blackrock $2.7B, and Vanguard $1.7B. Retail is not the only group making a killing over this.
These institutions offer investment products that they sell to customers for pensions, retirement funds, etc. Mutual funds and ETFs, that sort of thing. Not really the same thing as a hedge fund like Melvin that makes money with aggressive short selling attempting to profit from killing companies for few billionaires.
For example, if you were to buy the Vanguard Total Stock Market ETF (VTI) you will also be buying a small amount of GME inside of it. It's technically held by Vanguard: https://investor.vanguard.com/etf/profile/portfolio/VTI/portfolio-holdings
I looked through and that ETF alone holds 1,468,071 shares of GME as of 12/31/2020.
A lot of these funds are passive, so just tracking an index with math and algorithms, and the active ones have reasonable investment strategies outlined in the prospectuses. While they in theory have the ability to manipulate the markets negatively I don't think there's been evidence of that yet. I'm open to add them to the "fuck you" list but right now I'm indifferent.
I also find it funny how the narrative seems to be "but these institutions are earning billions!" when they have upwards of like $10T of assets under management. It's a drop in the bucket for them, and again, not directly "owned" by them but by the fund unit holders.
Just my 2 cents.
Position 12 GME @ $60. I also own Vanguard Canada ETFs VXC, VCN, and VAB.
Correct me if I'm wrong, but wouldn't issuing new shares dilute the stock price? Even if they're all bought up, and even if that adds to the company's value, it's not enough to maintain the $300+ stock price for long. The company's earnings are negative. How are they going to turn that around? GameStop's business is retail, not banking. And the stock price isn't just a little overvalued based on their business right now--it's wildly overvalued. It's going to have to come back down to Earth.
NEW YORK—In response to the online brokering app halting trading on GameStop ($GME) after a surge in activity, Redditors filed a class-action lawsuit this week alleging that Robinhood has been on some bitch shit lately. “Robinhood willfully deprived investors of their hard-earned tendies,” read the brief in part, which also claimed that the online brokerage had left countless Redditors “holding the bag.” “This is the way. If every autist stands together, we’ll sue these Robinhood cucks out of house and home. Hold stronk. We’ll be buying the dip; they’ll be buying commissary in the clink.” At press time, a popular Reddit post urged “Euro retards” to show solidarity by filing class-action lawsuits in their countries of origin.
It will fall of course, the question is only whenThey are shorting gamestop know because they hope it wil fall and then they make tons of money. So what you have to do is to HOLD and BUY
It will fall of course, the question is only when
GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month
- Short-selling hedge funds have suffered a mark-to-market loss of $19.75 billion year to date in the brick-and-mortar video game retailer GameStop, according to data from S3 Partners.
- Still, short sellers mostly are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against the stock.
GameStop short sellers are still not surrendering despite nearly $20 billion in losses this month
"In actuality the data shows that total net shares shorted hasn't moved all that much," Ihor Dusaniwsky of S3 Partners said.www.cnbc.com
II know these are still peanuts but we are getting there^^
And the fun part is they are now eating themsevles and try to push other hedgefunds out of business
They are shorting gamestop know because they hope it wil fall and then they make tons of money. So what you have to do is to HOLD and BUY
Tbh I would short the stock myself now. Trading volume is down and the stock loses momentum fairly quickly. But what do I know about technicals.
I’m a value investor .