Board 8 > Stock Topic 16

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DoomTheGyarados
01/28/21 4:34:38 PM
#451:


if you don't hold until 30 you are a cuck tbh


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Sunroof
01/28/21 4:35:14 PM
#452:


I recognize that AMC has the possibility of going under $7.50, and a realistic ceiling of like $50. But I think if it opens at $16+ Im selling.
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masterplum
01/28/21 4:35:23 PM
#453:


#PrayersForMoonroofsFirstTimeHoldingOn

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Sunroof
01/28/21 4:35:32 PM
#454:


Wow of course I posted that right after you posted that Chris. Fine, to $30!
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masterplum
01/28/21 4:35:56 PM
#455:


Sunroof posted...
I recognize that AMC has the possibility of going under $7.50, and a realistic ceiling of like $50. But I think if it opens at $16+ Im selling.

Go for it my man. I think that's a good exit point.

...

But I want my $50 at that point :P

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masterplum
01/28/21 4:37:14 PM
#456:


I would have bought more AMC but I already have 20% of my portfolio in it and it's just not smart to go more than that

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Lopen
01/28/21 4:37:32 PM
#457:


Menji posted...
https://blog.robinhood.com/news/2021/1/28/an-update-on-market-volatility

Looks like RH is opening GME back tomorrow. But will "limit" it, whatever that means.

The man who chases two rabbits, catches neither

Robinhood is just gonna piss everyone off now

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Sunroof
01/28/21 4:37:58 PM
#458:


I like that quote Lopen. Might use it myself.
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ChaosTonyV4
01/28/21 4:39:13 PM
#459:


https://twitter.com/themaxburns/status/1354828591402516480?s=21

Sunroof posted...
I recognize that AMC has the possibility of going under $7.50, and a realistic ceiling of like $50. But I think if it opens at $16+ Im selling.

If every $8 is $40k for you, HODL until 24 at least. Knowing how you post in these topics, the draw of making six figures will FOMO you back in and youre gonna end up way below where you should be.

People are MAD, as soon as this opens back up, theyre going to push this until the system breaks, tbfh.


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Phantom Dust.
"I'll just wait for time to prove me right again." - Vlado
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Lopen
01/28/21 4:39:58 PM
#460:


Sunroof posted...
I like that quote Lopen. Might use it myself.

I stole it from Confucius

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bassistsjk
01/28/21 4:40:01 PM
#461:


RH opening it back up tomorrow. Damage done tho, I'm sure
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Sunroof
01/28/21 4:42:17 PM
#462:


AMC and GME both went to 0% change after hours. Hmm.
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Sunroof
01/28/21 4:42:48 PM
#463:


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red sox 777
01/28/21 4:43:13 PM
#464:


As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits.

From Robinhood. Net capital obligations? So they do have exposure to GME. They don't say it but it's gotta be short exposure because long exposure can be easily fixed by requiring people to pay in full for the stock up front.

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CoolCly
01/28/21 4:47:19 PM
#465:




Colegreen_c12 posted...
say there is a room with 10 people of which 8 arent allowed to buy.

person 9 sells a share to person 10 for $150
person 10 sells a share to person 9 for $149
repeat.
person 8 sees that the share has gone down to $120 and panic sells
everyone else holds

You are increasing volume and lowering price but in this scenario only person 8s shares have returned to cover shorts


Do we really believe that almost all of the 170mil shares traded each day for three days and the 90mil yesterday were that scenario though?

It seems to me that there is enough fluidity to move these shares. My assumption is that most of those shares are retailers trading back and forth with eachother (IE buying at $200, selling at $250, $250 guy sells at $350, falls back to $300 and panic sells to new guy) etc. Why would the short sellers settling not fit into this?

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red sox 777
01/28/21 4:48:30 PM
#466:


Merrill removed the message about not allowing buying GME and AMC.

When this is all over, these brokerages need to be investigated. Specifically, I want to know if they spent today buying GME and AMC call options to hedge their short exposure - buying at prices that were way lower than they would have been but for their not allowing their customers to buy.

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Lopen
01/28/21 4:48:34 PM
#467:


bassistsjk posted...
RH opening it back up tomorrow. Damage done tho, I'm sure

Absolutely. Their userbase is gonna be decimated at the very least. Even if the lawsuits and fines don't pan out I can't imagine many robinhooders sticking with the platform

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Colegreen_c12
01/28/21 4:49:15 PM
#468:


CoolCly posted...
Do we really believe that almost all of the 170mil shares traded each day for three days and the 90mil yesterday were that scenario though?

doesn't matter what we believe.

short percentage is at 122% lol

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Colegreen_c12
01/28/21 4:50:00 PM
#469:


red sox 777 posted...


When this is all over, these brokerages need to be investigated

Afaik for some like merill it wasn't the brokerage but the clearing house behind them

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DPOblivion beat us all.
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ExThaNemesis
01/28/21 4:50:26 PM
#470:


also Moonroof you fucking madlad HOLD TIL THIRTY

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ExThaNemesis
01/28/21 4:51:42 PM
#471:


Lopen posted...
Absolutely. Their userbase is gonna be decimated at the very least. Even if the lawsuits and fines don't pan out I can't imagine many robinhooders sticking with the platform

literally the second I'm able to, I'm pulling all my money and when the time comes and they try to get an IPO, I will hammer them as hard as I possibly can with shorts.

We'll see if their hedge fund buddies come to bail them out of that mess when it happens.

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Sunroof
01/28/21 4:52:29 PM
#472:


Omg I will age three years for every day I hold over $10
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red sox 777
01/28/21 4:52:39 PM
#473:


CoolCly posted...
Do we really believe that almost all of the 170mil shares traded each day for three days and the 90mil yesterday were that scenario though?

It seems to me that there is enough fluidity to move these shares. My assumption is that most of those shares are retailers trading back and forth with eachother (IE buying at $200, selling at $250, $250 guy sells at $350, falls back to $300 and panic sells to new guy) etc. Why would the short sellers settling not fit into this?

Based on the short interest data I've seen, it seems as though short interest has barely moved at all since this started. The data I've seen admittedly is either slow, or incomplete. Iborrowdesk only covers IBKR, but they were showing 0 shares available to borrow all day today, meaning they've all already been borrowed. I think it's fairly safe to say think that the short interest is still in the stratosphere.

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Colegreen_c12
01/28/21 4:53:37 PM
#474:


Sunroof posted...
Omg I will age three years for every day I hold over $10

sell enough to get your initial investment back so at worst your net neutral and leave a little in to ride

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Sunroof
01/28/21 4:55:01 PM
#475:


I just hope I wake up tomorrow in a not bad place
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Sunroof
01/28/21 4:55:37 PM
#476:


https://gamefaqs.gamespot.com/boards/8-gamefaqs-contests/79265210

Made it a bit early because I dont want to miss anything by being away again.
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MoogleKupo141
01/28/21 4:59:56 PM
#477:


https://twitter.com/jon_actual/status/1354901018564321287?s=21

Jon Stewart made a Twitter just to complain about this situation
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Sunroof
01/28/21 5:02:16 PM
#478:


The amount of attention this is getting is truly impressive.
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MoogleKupo141
01/28/21 5:12:20 PM
#479:


it seems like literally everyone agrees that what Robinhood did isnt ok, its amazing. Even people like Ben Shapiro who arent really on the side of the redditors are like you guys are dumb but also Robinhood fucked up
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For your Azuarc .
At least Kupo has class and doesn't MESSAGE the people -Dr Pizza
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StartTheMachine
01/28/21 5:14:15 PM
#480:


If AMC actually went to 50 I'd have a $200,000 trade. Goddamn,the HODL is tempting but I don't think I can do it. Maybe I'll keep 1000 shares long though.

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- Blur -
Welcome to your Divinity.
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Lopen
01/28/21 5:17:43 PM
#481:


I have some limited funds left in robinhood I plan on maximizing the "limited trading" allowed tomorrow. I'll liquidate some positions I was intending to carry over to E-Trade if I have to

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Grand Kirby
01/28/21 5:22:44 PM
#482:


MoogleKupo141 posted...
https://twitter.com/jon_actual/status/1354901018564321287?s=21

Jon Stewart made a Twitter just to complain about this situation
Any way to confirm this is actually him?

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MoogleKupo141
01/28/21 5:23:31 PM
#483:


Grand Kirby posted...

Any way to confirm this is actually him?


Colbert quote tweeted it, so I assume he knows the account is legit.
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For your Azuarc .
At least Kupo has class and doesn't MESSAGE the people -Dr Pizza
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StartTheMachine
01/28/21 5:28:47 PM
#484:


https://www.youtube.com/watch?v=k_oNLeMuxvg&t=615s

This is an important video and well worth the less than 15 minute run time to watch.

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- Blur -
Welcome to your Divinity.
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Nanis23
01/28/21 5:30:20 PM
#485:


I wonder when (and if) WSB will go back to normal
I have been following it for months, usually just for a before-sleep laugh memes. But now it changed into this...thing. I just fear that it will become a platform for people that think they can use it to rally stocks

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wololo
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Tirofog
01/28/21 5:40:00 PM
#486:


My experience with Reddit is that once a subreddit explodes like this it never really goes back to what it was before unless it's very heavily moderated. Your best bet would probably be to keep an eye out for a splinter/related subreddit that is similar to how WSB was before.

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I'm just here to post something barely relevant, then fade back into the shadows. It's a tough job, but BKSheikah has to do it.
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MrSmartGuy
01/28/21 5:55:48 PM
#487:


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Sunroof
01/28/21 5:56:21 PM
#488:


LOL dogecoin OP
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Sunroof
01/28/21 5:56:33 PM
#489:



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Sunroof
01/28/21 5:57:37 PM
#490:


Soon Twitter is going to ban Elon for affecting the market too much l
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MoogleKupo141
01/28/21 5:59:03 PM
#491:


god damn it, I sold my dumb doge coin to buy amc yesterday and now its worth like 4x more than it was when I sold it and amc got fucked over by robinhood

i should have held strong in my belief in the doge
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For your Azuarc .
At least Kupo has class and doesn't MESSAGE the people -Dr Pizza
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StartTheMachine
01/28/21 6:00:57 PM
#492:


MoogleKupo141 posted...
god damn it, I sold my dumb doge coin to buy amc yesterday and now its worth like 4x more than it was when I sold it and amc got fucked over by robinhood

i should have held strong in my belief in the doge

AMC will come back, don't fret. No one can time the market!

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- Blur -
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MoogleKupo141
01/28/21 6:07:30 PM
#493:


even if amc comes back, it probably doesnt come back to 4x what I paid for it

not that it actually matters very much, it was just $50 that I had put into dogecoin for fun
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For your Azuarc .
At least Kupo has class and doesn't MESSAGE the people -Dr Pizza
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StartTheMachine
01/28/21 6:08:33 PM
#494:


Oh I have 40k invested in AMC so yeah, we are in different boats >_>

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Kinglicious
01/28/21 6:36:09 PM
#495:


I should've put more in doge, damn

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The King Wang.
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HanOfTheNekos
01/28/21 6:43:53 PM
#496:


Making money off of DOGE is just so on-brand for me

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Lopen
01/28/21 6:53:02 PM
#497:


TEN THOUSAND doge

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DoomTheGyarados
01/28/21 6:53:45 PM
#498:


wait I have 50,000 doge that I bought as a meme forever ago whats going on with doge I havent checked it in forerver.

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DoomTheGyarados
01/28/21 6:54:10 PM
#499:


oh fucking shit thats an increase

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redrocket
01/28/21 6:57:40 PM
#500:


lol

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