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So basically Trading Places?(nm)
Posted on: January 28, 2021 at 08:06:08 CT
hefeweizen
MU
Posts:
124289
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10.19 yrs
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MESSAGE THREAD
The big guys are doing the equivalent of taking their ball
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tgr
MU
-
1/28 07:23:07
I have friends pulling all their fund from it b/c it
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dangertim
MU
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1/28 08:49:58
it meaning robin hood?
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gmmm98
MU
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1/28 08:53:18
yes, out of Robin hood. Afraid that the backlash against
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dangertim
MU
-
1/28 09:21:53
it's not a bad idea though. not sure i'd want my $ sitting
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phrejd
MU
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1/28 09:32:31
Average joes became millionaires this week. One guy invested
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Tiger_Claw
STL
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1/28 09:02:04
profits on paper mean nothing
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ashtray
UF
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1/28 09:48:03
a lot of these people don't realize that.
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phrejd
MU
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1/28 10:04:41
deservedly so (nm)
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ashtray
UF
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1/28 10:11:02
It will come crashing down at some point
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meatiger
MU
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1/28 09:09:29
I saw a guy that went 70k -> 13mil (nm)
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zoomer
99
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1/28 09:03:39
Yea. I just hope they continue to hold. F*ck these hedge
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Tiger_Claw
STL
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1/28 09:05:30
what's the end game?
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gmmm98
MU
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1/28 09:19:08
This explains the reasoning on folks screaming do not
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Tiger_Claw
STL
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1/28 10:04:13
but there's still no end game.
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gmmm98
MU
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1/28 11:09:26
"...and soon you will be able to name your own price."
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phrejd
MU
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1/28 10:07:04
$6969.69(nm)
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meatiger
MU
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1/28 10:18:56
that's literally what a lot of them are doing. setting sell
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phrejd
MU
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1/28 10:22:10
lol.. no sh*t (nm)
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ashtray
UF
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1/28 10:13:25
these guys figured out how to score a td and just spiked
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phrejd
MU
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1/28 10:19:21
The part that sucks
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meatiger
MU
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1/28 09:40:00
the ones getting hurt if the hedge fund collapses are
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phrejd
MU
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1/28 09:57:45
not to mention the pension funds under management
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ashtray
UF
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1/28 09:53:23
There was a frontline show on that
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meatiger
MU
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1/28 09:55:52
the mob always fizzles out. always. and the ones still
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phrejd
MU
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1/28 09:36:52
you seem pretty butthurt about all this (nm)
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zoomer
99
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1/28 09:39:25
not at all. i think it's awesome. i just know how the story
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phrejd
MU
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1/28 09:53:16
Continuing to hold means they've made $0
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phrejd
MU
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1/28 09:14:01
Incorrect. They are not allowing the "small" guy to purchase
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Tiger_Claw
STL
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1/28 09:16:51
i fully understand how markets work, thanks. everyone
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phrejd
MU
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1/28 09:30:33
I absolutely love it. Even if my retirement portfolio takes
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kmawv8
MU
-
1/28 08:56:09
Looks like they are not letting anyone buy BB, AMC, or GME.(nm)
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Tiger_Claw
STL
-
1/28 08:37:22
yup, and now folks are revolting against RH(nm)
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dangertim
MU
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1/28 08:50:20
I am moving everything I have on the platform. Moving to
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Tiger_Claw
STL
-
1/28 08:58:33
it's blatant market manipulation from hedge funds/brokerages
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zoomer
99
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1/28 08:20:06
It's also market manipulation by the people on reddit too.
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tgr
MU
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1/28 08:25:17
The people on reddit don't control the apps
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zoomer
99
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1/28 08:30:00
I can understand shutting down GME because
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Ragnar Danneskjold
MU
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1/28 08:01:16
I don't understand it at all
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BigDave
MU
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1/28 08:55:37
there will likely be adjusted rules around
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meatiger
MU
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1/28 09:11:02
Correct. And if roles were reversed, and they are almost
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kmawv8
MU
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1/28 08:57:23
I don't think they are trying to protect retail investors
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tgr
MU
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1/28 08:12:23
Yup they are screwed and will be more screwed when they have
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TigerFan92
STL
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1/28 08:44:51
as in limiting sales limits losses?
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gmmm98
MU
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1/28 08:20:27
If they shut down purchases of GME then the stock will
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kmawv8
MU
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1/28 08:24:33
what's worse than bankrupt?
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gmmm98
MU
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1/28 08:29:26
bankrupt AIDS(nm)
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dangertim
MU
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1/28 08:51:48
I also agree(nm)
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Ragnar Danneskjold
MU
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1/28 08:14:19
Who cares if it's too high and people will get smashed
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kmawv8
MU
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1/28 08:11:57
I agree(nm)
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Ragnar Danneskjold
MU
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1/28 08:14:01
I'm not all that familiar with the Gamestop situation.
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Nebraska99
STL
-
1/28 07:42:36
This is a pretty good summary:
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tgr
MU
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1/28 08:07:42
Yup more of those bastards will be bankrupt (nm)
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TigerFan92
STL
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1/28 08:46:29
Not sure what happens as they go bankrupt
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meatiger
MU
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1/28 08:50:51
Those pumping the stock now don’t care. (nm)
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TigerFan92
STL
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1/28 09:02:50
I know that
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meatiger
MU
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1/28 09:07:05
If I understand it correctly folks were buying the stock at
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hefeweizen
MU
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1/28 07:45:54
No. f the hedge funds (nm)
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TigerFan92
STL
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1/28 08:09:37
Not really. The hedge fund manager
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tman
MU
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1/28 08:01:14
So basically Trading Places?(nm)
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hefeweizen
MU
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1/28 08:06:08
Yes(nm)
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tman
MU
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1/28 08:28:13
How exactly were they forcing the price to skyrocket?(nm)
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sprintcar
STL
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1/28 07:56:55
When everyone is buying and few are selling the price goes
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tman
MU
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1/28 08:29:32
I see. Wish I had gotten in on that.
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Nebraska99
STL
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1/28 07:47:51
It's not too late
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Ragnar Danneskjold
MU
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1/28 08:05:28
The only people that win the pump game
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mizzouSECedes
STL
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1/28 08:45:29
I guess there's a lot of wisdom gleaned at the
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dangertim
MU
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1/28 10:08:41