Board 8 > Stock Topic 16

(+) Yeah! (+)

I'm getting crushed by the AMC sell-off myself, but I'll keep holding that bag.

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Why am I the only one raging about this lmao

Also lol @ AAL for being +80% and now only +10%
And it's not one of the restricted stocks

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At 8.5 I'm still up $1000 on AMC, but obviously a little sad it wiped yesterdays losses

Mad at myself for accidentally clicking buy at 16 instead of sell this morning

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NAKD isn't being nice right now

You aren't the only one :)

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Amusingly I just checked. If GME and AMC both went to 0 right now I would be

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Up $300 on them.

So I guess worst case scenario is I break even!

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Damn I went downstairs to eat and came back up to a bunch of red. The fuck happened?

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So the thing about GME is volume is very light today compared to the past few days. In fact it looks like last Friday was the peak day for volume. Don't think many shorts can escape on today's volume.

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ExThaNemesis posted...

Damn I went downstairs to eat and came back up to a bunch of red. The fuck happened?

Won't surprise me of other brokers banned those stocks too
<img src="https://pbs.twimg.com/media/EswaXmpW8AIncdn?format=jpg&name=medium">
This is from 3 hours ago but I only heard about this now
I assume there are more

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The crooks in Wall Street finally figured out how to beat the Reddit army. Just bribe, bully, intimidate the selling platforms to block buying of the stock. Alas. If this is the end, at least a lot of average Joes were able to make some quick cash. The idealists will be crushed though.

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https://twitter.com/jarule/status/1354812123080138759?s=21

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we got Ja Rule boys

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masterplum posted...

At 8.5 I'm still up $1000 on AMC, but obviously a little sad it wiped yesterdays losses

Mad at myself for accidentally clicking buy at 16 instead of sell this morning

I had an open limit at 17 to sell that was never filled :( My plan was to only buy the dips. Again, if only I woke up half an hour earlier.

That said, I'm sure I would've bought like crazy at 11, and missed the real juicy dip.

But yeah, since I sold most of my shares yesterday, I've still made 30k in AMC.

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WSB down for me lol

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StartTheMachine posted...

So shorts are forced to cover on Friday, right? And is that after market close, so really Monday is what we're looking for?

So no one ever answered this and I know very little about shorting. We can maybe still expect a squeeze, right? On AMC?

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If they think this is going to scare us off they're nuts.

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ExThaNemesis posted...

WSB down for me lol

Yeah it's facing some perfromance issues

ChaosTonyV4 posted...

https://twitter.com/jarule/status/1354812123080138759?s=21

I just want Musk opinion on this
He always knows what to say

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I made around 30k on AMC as well.

Open ended because well who knows where these $5.5 calls will go. I still think potential to go to $100 is here. Robinhood will probably re-open trading on AMC at some point due to pressure. It's too late for them to get me back as a customer but they probably will which will send it skyrocketing and we'll still get the short squeeze.

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I also bought one of my sell contracts back when they dipped to $190 so I may come out of this with 500 shares left. We'll see if it dips again.

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AMC halted on the way back up.day traders probably cashing out 100% gains today. Nice

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https://youtu.be/USxqGaq_dlk

This is like three levels of appropriate right now

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AMC climbing back up. Still wont let me get back in but its too high now I guess

https://twitter.com/RashidaTlaib/status/1354807292667981828

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Lopen posted...

I made around 30k on AMC as well.

Open ended because well who knows where these $5.5 calls will go. I still think potential to go to $100 is here. Robinhood will probably re-open trading on AMC at some point due to pressure. It's too late for them to get me back as a customer but they probably will which will send it skyrocketing and we'll still get the short squeeze.

I hope you're right. I'm selling today if it hits 16 again, just to hope for juicy dip buy prices tomorrow. Then I'll hold those long and hope for a crazy squeeze

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had an old robinhood account that I don't use any more. In light of this I had to get them



Gotum

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Lmao masterplum

I just hope DeepFuckingValue sold...



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Okay E-Trade set up (this was actually easier than it could have been since I 90% set it up back when I set up Robinhood but Robinhood processed my claim first)

Just gotta wait a couple of days for my Robinhood money to move to my bank account

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But seriously I cant get over how dumb of a move this was by Robinhood.

Best, and I mean BEST case scenario is you massively piss off your user base and they blame you for losing all of their money. If even 10% of their users suddenly pulls out they are in big trouble, and if 50% of users really owned GME then welp.

Worst case is a massive fine for market manipulation

This might make it into the spectacular failure podcast as one of the worst company moves of all time.

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Its at $6.52 but halted

Put in another buy order at 6.51 for another 200

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Robinhood statement on which stocks are affected

We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AAL, $AMC, $BB, $BBY, $CTRM, $EXPR, $GME, $KOSS, $NAKD, $NOK, $SNDL, $TR, and $TRVG.

Thats a lot!
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Imagine the influence of the person(s) who called Robinhood and pressured them into doing THIS to themselves

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CaptainOfCrush posted...

Imagine the influence of the person(s) who called Robinhood and pressured them into doing THIS to themselves

QFT

masterplum posted...

But seriously I cant get over how dumb of a move this was by Robinhood.

Best, and I mean BEST case scenario is you massively piss off your user base and they blame you for losing all of their money. If even 10% of their users suddenly pulls out they are in big trouble, and if 50% of users really owned GME then welp.

Worst case is a massive fine for market manipulation

This might make it into the spectacular failure podcast as one of the worst company moves of all time.

This is less affecting Robinhood if they are not the only one doing that
As I mentioned above, Interactive (which is the biggest brokerage in the world? if I am not wrong) did that as well
So...

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time to buy now?

will redditors move to other brokers and keep pushing?

I just bought more SPCE, VLDR, VGAC, and AI. Buy the dip when it's caused by massive market manipulation by the shorts (not on these stocks, but on the meme stocks).

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masterplum posted...

Put in another buy order at 6.51 for another 200

Limit order $6.51? Does that mean it will go through at any amount higher than 6.51?

CaptainOfCrush posted...

Imagine the influence of the person(s) who called Robinhood and pressured them into doing THIS to themselves

Robinhood CEO pee tape confirmed.

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Nanis23 posted...

This is less affecting Robinhood if they are not the only one doing that
As I mentioned above, Interactive (which is the biggest brokerage in the world? if I am not wrong) did that as well
So...

I believe they cater to a different audience right?

Robinhood was THE broker of the meme stock audience. Interactive is screwed if they are fined, but guessing otherwise they will be ok

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Technically I still have $14k of portfolio value in my Robinhood account. I want to re-establish my positions on E-Trade before liquidating them on Robinhood. Amusingly I should be able to do this with limit orders pretty well. The ultimate insider trading.

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Bought my other 4 $9 call sells for $210 on that massive tank

So still own 500 AMC. Ready for the moon.

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Okay. I did AMC, $7.50, $46k total. I am following your guys advice. What do I wait for?

Sunroof posted...

Limit order $6.51? Does that mean it will go through at any amount higher than 6.51?

Damn missed it, no it was that or lower. Now its back around 8

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Master I figured that out but couldnt get it at $6.51. Got it at $7.4999

firefdr posted...

time to buy now?

will redditors move to other brokers and keep pushing?

Absolutely to both. Cash out at 2x your money though imo and don't get too greedy

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How long am I holding? I am giving into your guys advice 100%.

Total sale was $46,040

I got more at 7, I have no plan, let's go

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Honestly I hold until after Robinhood allows purchases again

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