Board 8 > Stock Topic 16

(+) Yeah! (+)

I was considering getting into investing soon once my annual bonus comes through next month, and using Robinhood. This move leaves a pretty bad taste in my mouth!

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I cant imagine any future spike after this making up for their current prices.

LMAO they're 4.1 rating in the app store tanked down to 2 immediately.

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TBH, does it really matter? Shareholders already own their shares. The shorts still have to buy it back. The volume has been declining the last couple days. The shorts are trying every trick they can think of to get shareholders to part with their shares for cheap, but none of it has really worked so far. If volume does not go up dramatically, their position is not really changed.

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Dogecoin is still available to buy *cough cough*

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red sox 777 posted...

TBH, does it really matter? Shareholders already own their shares. The shorts still have to buy it back. The volume has been declining the last couple days. The shorts are trying every trick they can think of to get shareholders to part with their shares for cheap, but none of it has really worked so far. If volume does not go up dramatically, their position is not really changed.

Like I said they're trying every trick in the book. NOT ONLY am I holding on Robinhood, but I'm making a WeBull account and going to buy there as well.

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ExThaNemesis posted...

LMAO they're 4.1 rating in the app store tanked down to 2 immediately.

Thanks for mentioning this, I did my part and gave them a 1. Also, they got steamrolled down to 1.1 already.

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Sunroof posted...

How ironic it is that their name is Robinhood.

Well now we are all rich so we are the ones who get robbed to give back to the poor, the hedge fund managers
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As soon as I find out the easiest way to file a class action lawsuit I'm doing it. It may mean nothing from just me but from a million of us?

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Personally, even if GME literally goes to zero I would still have a profit of hundreds of percent already from the shares I've cashed out. So in no mood to panic sell my remaining shares.

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red sox 777 posted...

TBH, does it really matter? Shareholders already own their shares. The shorts still have to buy it back. The volume has been declining the last couple days. The shorts are trying every trick they can think of to get shareholders to part with their shares for cheap, but none of it has really worked so far. If volume does not go up dramatically, their position is not really changed.

Of course it does
More sellers than buyers is what drives a stock down and vice versa. Letting Robinhood users only sell makes it heavily tilt in the "more sellers than buyers" direction

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I have Market orders to sell all three at open. Looking at a combined 40% loss. Itll surge for you guys though.

Sorry guys I sold 80% of my shares for $13 a pop as much as I'd like to HODL no point if I can't sell calls

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Nanis23 posted...

Of course it does
More sellers than buyers is what drives a stock down and vice versa. Letting Robinhood users only sell makes it heavily tilt in the "more sellers than buyers" direction

It temporarily lowers the price. What happens when Robinhooders finish panic selling (don't think it will be that many people)? The short interest will still be over 100%. And now they won't even have people prone to panic selling left to buy from. They will be staring down the reality that the float is held by WSB diamond hands people and long hedge funds out for a big profit at their expense.

I could be wrong but honestly, if I had to guess I would say that long hedge funds and super rich have already bought a big stake in GME over the past few days as retail traders who bought at $20 and below took some profits off the table.

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Thankfully I had the foresight to buy EVRI twice yesterday. Fantastic day for the rest of the market overall.

HAHAHAHAHAHA

these fuckers thought they could win

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Gosh darn it

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Amc halted

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Well that halt was fast

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This is the one case where I'm glad I didn't have paper hands like you guys.

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I couldn't get in and I can't really even sell

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NOK wont sell for some reason.

IBKR now as a 300% margin requirement for GME for shorting GME, AMC, BB, EXPR, and KOSS. So to short GME at $300, you need to put up $900. IBKR is feeling the risk, because if your margin isn't enough to cover your shorting losses, your broker will have to cover it and then try to collect the money from you.

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Sunroof posted...

NOK wont sell for some reason.

No one can buy, lol

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bring on this day

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GME green for the day. Off we go. Tempted to raise my limit orders honestly.

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Having a hard time opening a Webull account; I assume theyre being flooded right now
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Jakyl25 posted...

Having a hard time opening a Webull account; I assume theyre being flooded right now

Yeah same. Don't think they expected this kind of volume first thing but HERE WE GO.

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Lmao are all three halted?

I don't read reports on this, but I can't buy on Interactive


The fuck

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https://twitter.com/IBKR/status/1354792600004386818
Nevermind

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What's going on with NAKD? At 3.17 now. Seems like it's still getting a push, but after the news of the direct offering last night, i guess that's not a good thing. I'm gonna hold another day just to see what happens

Okay, I went and raised my limit sell order ramp a bit. Only have a very small position left after yesterday's sales, so comfortable with the higher risk!

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Ameritrade app down again, just like yesterday

Could just be a server overload but not giving them the benefit of the doubt

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Sooo.. fantastic
Not only I lost money because of panic selling but I am also losing by not being able to return

And I thought I couldn't get even more angry

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It's a server overload in the same way it was just a server overload when GameFAQs went down during Link/Draven lmao

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Never FOMO. Never panic sell. I honestly think close to half of investing skill is just those two things.

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So does E-Trade still allow trading of AMC

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Lopen posted...

So does E-Trade still allow trading of AMC

Yes

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I bought amc

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I'm coming to E-Trade boys

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There's the $400.

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Looks like GME is the chief focus. Going up!

How long does E-Trade take to set up?

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So I lost 10% gains because Interactive rejected my purchase

Thanks Free Market

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Does e-trade still have fees? I have an old account that I havent used in years (liquidated for crypto), wonder if its still active.

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ExThaNemesis posted...

It's a server overload in the same way it was just a server overload when GameFAQs went down during Link/Draven lmao

We dont deal in this character battle anymore but we will still allow you to change your vote from Link to Draven if you want??
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i panic sell sometimes

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So I still have my calls and will be putting my money back into AMC (if it hasn't fully mooned) on E-Trade

But yeah to hell with Robinhood

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I never do. I always sell at the perfect time, usually right before massive gains that would cause me to buy things I dont need.