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[A.Romero]

Do any, more savy, investors here think it's too late to jump on this train? I have a couple thousand I can invest in this if I want. Is it too late?

Nobody really knows what's gonna happen anymore because we can't tell the extension of the manipulation that is going on.

Jump in for a 2x possible profit but with a high risk of 80% loss.

Disclaimer: I do this for fun and none of this should be taken as financial advice.

 

[Buggy Loop]

These practices are making actual real people lose money. Just think about that for a sec. Insitutionalized crooks with absolutely no fucking shame.

I'm sorry, what? Those same guys that tanked the world economy in 2008 and got bailed out? The same hedge funds who are making naked shorts (illegal) on a brick and mortar store during a pandemic to bankrup them and 50 000 peoples lose their job?

I'm sorry, i can't find the world's smallest violin.

edit : Ah sorry Knitted Knight , saw that you were refering to traders, not Wall Street.

 

[jufonuk]

I havent understood a single word in this thread that wasn’t “Gamestop”

Same. I ain’t got a fucking clue. All ok guessing is some bro’s decided to try and make money from the possibility game stop might go under. I don’t have a clue how they can make money from that. But somehow they are trying to tank the stocks to profit ?!? But I don’t know how they do that. It just seems like a load of bullshit. Bro science but in maths form maybe ?

 

[A.Romero]

No, the little guys barred from trading or the potential ramifications of lower volume leading to fizzled out momentum for decentivized retail investors that could result in potential loses. Regardless of where it sits at right now.

Oh, so you mean all of us who take these kind of risks constantly for a much lower return?

 

[jufonuk]

Nobody really knows what's gonna happen anymore because we can't tell the extension of the manipulation that is going on.

Jump in for a 2x possible profit but with a high risk of 80% loss.

Disclaimer: I do this for fun and none of this should be taken as financial advice.

What the fuck does this even mean? I feel like I had a stroke. Most of the time trading feels like it is peppered with terms to make it sound more important/precise than it is.

 

[Croatoan]

This is all fascinating. I wish there was a ELI5 version of events as I don't really understand the stock market. My wife does so maybe I will ask her tonight.

 

[Reizo Ryuu]

It is bait though. All meme stocks hit a high in after markets, don't fall for it!

Imo the party is over, don't expect to hit 400.

You were saying?

 

[LordOfChaos]

Do any, more savy, investors here think it's too late to jump on this train? I have a couple thousand I can invest in this if I want. Is it too late?

It's 100% a gamble, totally up to you. I'm still long personally. The short interest hasn't subsided and the dips that their fear tactics are causing may be a buy in opportunity. Even if you just do a little bit to be a part of history. If you were in I'd watch for declines and buy them a bit at a time.

Every bit of buy and hold is helping and that's how we win through the kitchen sink being thrown our way. Ape together strong!

 

[Fuz]

I have no fucking idea how this all works, but I hope it sparks a revolution.

 

[Knitted Knight]

Do any, more savy, investors here think it's too late to jump on this train? I have a couple thousand I can invest in this if I want. Is it too late?

AMC and BB were the second leg stocks. But they're getting targeted early.

Oh, so you mean all of us who take these kind of risks constantly for a much lower return?

Naked manipulation by the brokers are meant to have specific effects. Overall, it weakens the parties targeted to strengthen another one - since we're talking about money - you either make or lose. No two ways about it.

 

[Buggy Loop]

Same. I ain’t got a fucking clue. All ok guessing is some bro’s decided to try and make money from the possibility game stop might go under. I don’t have a clue how they can make money from that. But somehow they are trying to tank the stocks to profit ?!? But I don’t know how they do that. It just seems like a load of bullshit. Bro science but in maths form maybe ?

This is the most dumbed form :

 

[A.Romero]

What the fuck does this even mean? I feel like I had a stroke. Most of the time trading feels like it is peppered with terms to make it sound more important/precise than it is.

It's not precise. You can analyze and try to take into account many factors to identify risks. There are so many elements at play that with stuff like GME you are basically playing a Casino.

If you want safety go for other instruments. Stock market is high risk.

Regarding what it means: Right now is almost at 400. It could go to 1000 in which case you would be doubling your money. If the system goes fuck it and changes the rules for everyone you can lose 80% of your money.

In other words, play this only if you can afford to lose that money because this is unprecedented and nobody knows what will happen. Anyone that tells you otherwise is either trying to take advantage of you or just doesn't know anything at all.

Disclaimer: I do this for fun and none of this should be taken as financial advice.

 

[MiguelItUp]

Yeah, Robinhood is fucking stupid. They did something incredibly dirty and didn't even try to hide it.

I noticed my AMC stocks (only 2) completely disappeared... Wtf?

What I have there I'm currently holding, and I suggest you do the same.

A lot of folks are just holding there and moving to other apps.

Sounds like what Robinhood is doing is possible for a class action lawsuit.

We'll see where this all goes, lmao.

 

[AV]

Same. I ain’t got a fucking clue. All ok guessing is some bro’s decided to try and make money from the possibility game stop might go under. I don’t have a clue how they can make money from that. But somehow they are trying to tank the stocks to profit ?!? But I don’t know how they do that. It just seems like a load of bullshit. Bro science but in maths form maybe ?

Disclaimer: I am a huge idiot who is stringing together information from other idiots and most of the below is probably somewhat incorrect

Hedge funds bet on Gamestop going under, they borrow shares to sell while high and tank the value, planning to buy them back later to repay their loan and pocket the difference. This is shorting. Some investors noticed what was going on along with some dumbasses on a Reddit sub, everyone buys a ton of shares, the value SKYROCKETS. The hedge funds are now in a really bad position because they have to buy back those shares at a massively inflated price in order to give them back after borrowing them, so they lose a ton of money - but in buying those shares back they're also increasing the price even more, this is the short squeeze, and it only works if all the common folk buy shares and hold them without caving and selling.

Do it for the memories, do it for the memes. This is history in the making.

 

[Sp3eD]

Holy shit in a matter of a few seconds it jumped up to 470 then back down to 414. Man I would be having a heart attack watching this with thousands on the line

 

[UnNamed]

I don't quite understand what's goin on, since my 12yo brain can't cope with all this informations, but I have the sense that all this people who believe this is a battle against capitalism, rich people, banks, Illuminati will end very very bad.

 

[Knitted Knight]

Disclaimer: I do this for fun and none of this should be taken as financial advice.

No one's gonna come for you Romero. Trust.

 

[A.Romero]

AMC and BB were the second leg stocks. But they're getting targeted early.

The effects of naked manipulation by the brokers are meant to have specific effects. Overall, it weakens the parties targeted to strenghen another one - since we're talking about money - you either make or lose. No two ways about it.

Nobody is saying that no one is going to lose. What's happening here is that the big guys in WS are going to lose first. That's all.

If what everyone is expecting to happen does happen there will be a massive wealth transfer. Any little guys playing with this should be ready to lose the money. If they are not willing they should be investing in other financial instruments.

Disclaimer: I do this for fun and none of this should be taken as financial advice.

 

[hollams]

Whew. Glad I looked at the price before hitting place order. Be careful with using the Market price. This is not financial advice.

 

[Musky_Cheese]

Do any, more savy, investors here think it's too late to jump on this train? I have a couple thousand I can invest in this if I want. Is it too late?

Yes it is too late.

 

[{insert code here}]

Same. I ain’t got a fucking clue. All ok guessing is some bro’s decided to try and make money from the possibility game stop might go under. I don’t have a clue how they can make money from that. But somehow they are trying to tank the stocks to profit ?!? But I don’t know how they do that. It just seems like a load of bullshit. Bro science but in maths form maybe ?

Short contracts.

Ex:
stock A is 20$.
You buy a short for 10$.

If stock A drops to $10 your contract triggers and you get to sell shares of stock A for 20$. Even though it's dropped to 10$,the entity on the other end of the contract has to pay you 20$ per share. By contract.

If stock A goes the other way and goes up to 30$. You're still obligated by contract to sell your shares for 20 each but now you're in a loss.

 

[Elginer]

Cash app won’t let me buy a damn thing

 

[Excess]

You were saying?

HOLD THE LINE!

The Train has no brakes! *HONK HONK*

 

[longdi]

You were saying?

Fuuuuck! my broker is blocking any new purchases.

 

[hroerekr]

At least my broker (WS, Canada) still trades GME, AMC, BB.
There are big players trying to manipulate this and they will continue through the next days.

I'm not selling. Don't care if I lose.

 

[Trimesh]

Fuuuuck! my broker is blocking any new purchases.

It's absurdly fucking blatant, isn't it?

 

[GhostOfTsu]

That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

I just downloaded the app but I have to wait until my account/money is approved (up to 3 business days) so I might lose my chance to invest

 

[Buggy Loop]

This is the biggest red flag of Wall Street manipulation in history. If the SEC sits on the side and do nothing....

 

[Buggy Loop]

That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

I just downloaded the app but I have to wait until my account/money is approved (up to 3 business days) so I might lose my chance to invest

I'm pretty sure when all of this is done, GameStop will be in a better position than ever. The hedge funds made everything possible to bankrup GameStop, even naked shorts with a short interest of 140%. You can't make this shit up. They wanted to eat GameStop for dinner, they're about to eat dirt.

 

[Trimesh]

That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

I just downloaded the app but I have to wait until my account/money is approved (up to 3 business days) so I might lose my chance to invest

The Gamestop management did a large stock buyback when the stock was shorted into the ground - I would imagine they have been selling at least some of it to build a war chest. I know I would.

 

[longdi]

That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

I just downloaded the app but I have to wait until my account/money is approved (up to 3 business days) so I might lose my chance to invest

SEC will probably ban future wsb attack on shortists.

real fuck up, it was the hedged funds that made the mistake in the first place, the market is just correcting it back to equilabrium.

i hope this start a movement for good.

 

[hroerekr]

That's for the stock market but what about the actual Gamestop stores and employees. Is all this drama good for them or the business might still go under? It would be great if Gamestop is still alive with the new consoles out. Gaming is bigger than ever.

I just downloaded the app but I have to wait until my account/money is approved (up to 3 business days) so I might lose my chance to invest

They actually had a good quarter with holidays sales and new consoles. There is hope.
If after all of this we win, it will be harder for hedge funds to bring them down with naked shorts again.

 

[Bunker Hosted]

FYI: Robinhood has blocked trading on GameStop, BlackBerry, and some others.

How is this legal?

 

[Buggy Loop]

FYI: Robinhood has blocked trading on GameStop, BlackBerry, and some others.

How is this legal?

Citadel bank is the biggest cash flow to RobinHood, Citadel is probably realizing that with all the money they gave to hedge funds on doubling down with naked shorts, that if the squeeze happens, they might lose it all. They’re leveraging RobinHood to stop all these trades. RH paper folded like a bitch of course, and I think after all this, with class lawsuits, they’re done.

 

[AJUMP23]

FYI: Robinhood has blocked trading on GameStop, BlackBerry, and some others.

How is this legal?

It isnt.

 

[Andodalf]

FYI: Robinhood has blocked trading on GameStop, BlackBerry, and some others.

How is this legal?

Allowing people to only sell a stock is the most blatant market manipulation I’ve ever seen

 

[spyshagg]

Can't believe this managed to break reddit servers. This is a war

 

[Jigsaah]

Robinhood fucked a lot of people this morning. About 7:30 am this morning they took GME, NOK, BBBY and AMC off the market, making it impossible for people to buy. Couldn't even search the companies. The reddit thread exploded. People on there reporting losing 25k because of this. They are now pushing for Class action law suit.

My purchases got cancelled as well. Without my consent. I didn't lose money because I was able to sell, but lotta people lost out.

 

[Andodalf]

Can't believe this managed to break reddit servers. This is a war

Billionaires are losing amounts of money that is relevant to them, AND ITS NOT EVEN GOING TO ANOTHER BILLIONARE. They’re terrified.

 

[longdi]

gme down
amc down
bb down
meme stocks are crushed

my regular stocks up, msft nvidia aapl

seems redditors have lost to the big boys.

 

[Soodanim]

Is this the real Occupy Wall Street?

 

[Jigsaah]

gme down
amc down
regular stocks up, msft nvidia aapl

seems redditors have lost to the big boys.

It's pure market manipulation, this time by the actual brokers. It's bullshit and there will be hell to pay if people stick together.

 

[Andodalf]

gme down
amc down
bb down
meme stocks are crushed

my regular stocks up, msft nvidia aapl

seems redditors have lost to the big boys.

GME is still up 1000% on the month.

 

[longdi]

It's pure market manipulation, this time by the actual brokers. It's bullshit and there will be hell to pay if people stick together.

tbf, do we know the current short volume still needing to cover by tomorrow?
have those big boys already closed out mostly?
the brokers could be protecting the late fomo crowd from holding the bag.

 

[spyshagg]

You can't hurt them using the tools they made. Brokers belong to them.

And because they have that much money to influence and tweak the laws, the landscape of what is happening will be painted against WSB by the law makers. They already bought the news.

They will win this, but the cost they are paying to win is the exposure to the outside world on how they operate.

 

[Jigsaah]

tbf, do we know the current short volume still needing to cover by tomorrow?
have those big boys already closed out mostly?
the brokers could be protecting the late fomo crowd from holding the bag.

That's possible as well. I'm not sure about the short volume. I'm not an advanced investor by any means. I literally took my 3080 money that I can't spend and tossed it into Robinhood. Figured it was better then to let it sit burning a hole in my pocket. Altogether only had about 3k in the market and bitcoin combined.

 

[digitaltrance]

lol, funny how when the average person makes money the Hedge Fund Managers get a little shaky in the knees. Crooks.

 

[spyshagg]

By filling complaints to the SEC, they are making the same mistake they did of believing the brokers are there for the service of everyone.

Everyone needs to hold. Thats the only way.

 

[Gatox]

Seeing people in wall street say what the public are doing is illegal is hilarious, basically the dickheads are gutted that the public have basically beaten them at their own game.

 

[Buggy Loop]

tbf, do we know the current short volume still needing to cover by tomorrow?
have those big boys already closed out mostly?
the brokers could be protecting the late fomo crowd from holding the bag.

Was still 139.58% last night, 71.79M shares are shorted. No, they’re not gone, they’re trying to shake off paper hands and use fear. They’re holding their bet.

Tomorow, if GME ends the day above 200$, 20 million calls are ITM.

Just fucking hold, file a SEC complaint if your broker is a slimy piece of shit and buckle up.

insert “this is my opinion and in no way financial advice “