Current Events > Stock Market General #12

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NeonOctopus
02/01/21 11:08:53 AM
#302:


Lunar_Savage posted...
I have the cash available but I can't purchase ENZC. x_X

Fidelity. May have to wait until tomorrow...bad move or...?
I had that same problem. Apparently OTC stocks take a few days to purchase and they don't accept a pending deposit balance >_>

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MachineJaipur
02/01/21 11:09:56 AM
#303:


Lunar_Savage posted...
I have the cash available but I can't purchase ENZC. x_X

Fidelity. May have to wait until tomorrow...bad move or...?
So long as it's still hovering around $0.22 then I wouldn't think it'd be a bad move to wait.

If it jumps, then might bite you but it's been on the climb recently
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delvec19
02/01/21 11:11:03 AM
#304:


omniryu posted...
@delvec19 why are you even giving up because of this movement? Do you mean leave investing in general or just robinhood? I would Keep robinhood. Yeah, he is a dirtbag, but the fractional shares is nice to have when you want a stock you can't afford.
I'm just leaving RH. My main portfolio is on Fidelity. Just was using RH to play around these past couple weeks.

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NeonOctopus
02/01/21 11:12:02 AM
#305:


Fidelity is kinda clunky tho. I'm using Robinhood just to look at charts since it's way easier and user friendly >_>

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Lebronwon
02/01/21 11:12:20 AM
#306:


KOSS getting hit hard. That RH restriction probably playing a part in it.

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MachineJaipur
02/01/21 11:12:54 AM
#307:


But besides GME am I missing any of the meme stocks?

Got AMC, NAKD, and NOK on top of my initial ENZC.

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NeonOctopus
02/01/21 11:13:49 AM
#308:


BB is another meme stock, but it hasn't been performing lately

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PaunchyTurtle53
02/01/21 11:17:30 AM
#309:


Is GMC dead?

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NeonOctopus
02/01/21 11:18:12 AM
#310:


GME is only dead if you give up on it

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Tryhaptaward
02/01/21 11:19:13 AM
#311:


If only GME went lower
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Lunar_Savage
02/01/21 11:19:46 AM
#312:


Thanks guys. I'll wait until tomorrow for the deposits to go through. In the meantime I dipped into a few companies and will diversify tomorrow a little more. Welp...time to play the waiting game. lol

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RAAAWWWRRR
02/01/21 11:21:03 AM
#313:


Finally joined party yet bought only 6 shares of GME which i can afford. Bought it at the low dip.

Man.... I gotta keep F5ing in fedlility to see the updates? Hahaha i'm gonna have to use RH for the automatic updates hahaha.


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krazychao5
02/01/21 11:22:15 AM
#314:


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GoriIIa
02/01/21 11:22:46 AM
#315:


https://financhill.com/most-heavily-shorted-stocks-today

Trying to find the accurate short % data... According to this site, it's been updated today with Short Float at 226.42% with 2.81 days to cover.

My heart can barely take it!!!

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krazychao5
02/01/21 11:24:02 AM
#316:


RAAAWWWRRR posted...
Finally joined party yet bought only 6 shares of GME which i can afford. Bought it at the low dip.

Man.... I gotta keep F5ing in fedlility to see the updates? Hahaha i'm gonna have to use RH for the automatic updates hahaha.
https://finance.yahoo.com/quote/GME?p=GME&.tsrc=fin-srch

if you are on pc, leave a tab open and it has the current price on the tab

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Vampire_Wreath
02/01/21 11:26:50 AM
#317:


Robinhood now allows you four shares of GME

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RAAAWWWRRR
02/01/21 11:27:13 AM
#318:


krazychao5 posted...
https://finance.yahoo.com/quote/GME?p=GME&.tsrc=fin-srch

if you are on pc, leave a tab open and it has the current price on the tab
Thanks for that!

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NeonOctopus
02/01/21 11:27:48 AM
#319:


Vampire_Wreath posted...
Robinhood now allows you four shares of GME
lol

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CableZL
02/01/21 11:28:04 AM
#320:


Vampire_Wreath posted...
Robinhood now allows you four shares of GME
What a load of bullshit

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Vigrim
02/01/21 11:28:11 AM
#321:


GoriIIa posted...
https://financhill.com/most-heavily-shorted-stocks-today

Trying to find the accurate short % data... According to this site, it's been updated today with Short Float at 226.42% with 2.81 days to cover.

My heart can barely take it!!!
That's crazy.

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Jagr_68
02/01/21 11:28:28 AM
#322:


Vampire_Wreath posted...
Robinhood now allows you four shares of GME

"Allows"

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krazychao5
02/01/21 11:28:28 AM
#323:


Now, this is a true meme company, right? LODE - Comstock Mining Inc lmao

https://finance.yahoo.com/quote/LODE/

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kage_53
02/01/21 11:30:03 AM
#324:


Vampire_Wreath posted...
Robinhood now allows you four shares of GME

Well, that explains why GME went way down.
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Trumpo
02/01/21 11:31:36 AM
#325:


I bought one GME at 235 and seeing it climb is glorious
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Vampire_Wreath
02/01/21 11:31:42 AM
#326:


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Lebronwon
02/01/21 11:33:10 AM
#327:


That INO gamble I took paid off. I knew the RH restrictions were holding that stock back for no reason it had potential and it up 28% right now.

Hopefully others took advantage of that list Friday as a stocks to do DD on and buy like I did.

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GoriIIa
02/01/21 11:33:47 AM
#328:


About $60 up from today's low.

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Trumpo
02/01/21 11:34:14 AM
#329:


I will buy again during the lunchtime ladder
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BignutzisBack
02/01/21 11:35:10 AM
#330:


There better be multiple short ladders tomorrow or I will be furious

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NeonOctopus
02/01/21 11:35:15 AM
#331:


GoriIIa posted...
https://financhill.com/most-heavily-shorted-stocks-today

Trying to find the accurate short % data... According to this site, it's been updated today with Short Float at 226.42% with 2.81 days to cover.

My heart can barely take it!!!
So does that mean the squeeze will be in 2-3 days?

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SK8T3R215
02/01/21 11:36:05 AM
#332:


I thought the squeeze was definitely gonna be today

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delvec19
02/01/21 11:36:52 AM
#333:


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krazychao5
02/01/21 11:37:20 AM
#334:


NeonOctopus posted...
So does that mean the squeeze will be in 2-3 days?
they theoretically could delay it longer by closing out on some and shorting more through these ladder attacks

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NeonOctopus
02/01/21 11:37:31 AM
#335:


SK8T3R215 posted...
I thought the squeeze was definitely gonna be today
No one is sure. Could be today, could be this week, could be next week >_>

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delvec19
02/01/21 11:38:27 AM
#336:


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Sexypwnstar
02/01/21 11:43:00 AM
#337:


delvec19 posted...

Today did not play out like what was posted

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GoriIIa
02/01/21 11:43:36 AM
#338:


krazychao5 posted...
they theoretically could delay it longer by closing out on some and shorting more through these ladder attacks

Yeah, I think their strategy is to drive the price low with the ladder attacks and cover with the folks that panic sell. They'll try and do this over time to get the short % down and escape the squeeze.

The counter strategy seems to be that people are buying the dip and the panic selling paper hands are being replaced with diamond hands.

https://finance.yahoo.com/quote/GME/holders?p=GME

167.96% of Float Held by Institutions

Heck, Yahoo Finance (though I don't know how often it's updated) states that float is >100%.

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NeonOctopus
02/01/21 11:45:58 AM
#339:


delvec19 posted...
That's possible but I also hear people saying that the squeeze will happen in Summer rather than now

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GoriIIa
02/01/21 11:51:13 AM
#340:


I think a big thing that's delayed/hampered the squeeze is brokerage preventing buys. Robinhood literally only lets you buy 4 stocks. People that have been holding for >1 week definitely have more than 4 shares and cannot re-buy in.

It's ridiculous. The brokerages are to blame for this.

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SK8T3R215
02/01/21 11:51:56 AM
#341:


It's the clearing firms increasing collateral requirements that's doing that.

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RchHomieQuanChi
02/01/21 11:56:34 AM
#342:


GoriIIa posted...
I think a big thing that's delayed/hampered the squeeze is brokerage preventing buys. Robinhood literally only lets you buy 4 stocks. People that have been holding for >1 week definitely have more than 4 shares and cannot re-buy in.

It's ridiculous. The brokerages are to blame for this.

So much for the "free" market

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Lebronwon
02/01/21 11:56:41 AM
#343:


Anyone else in on INO? Or the focus is still AMC/GME/NOK those kinda stocks

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theAteam
02/01/21 11:58:28 AM
#344:


RchHomieQuanChi posted...
So much for the "free" market

Just pull up your bootstraps and create your own clearing firm it's that simple.

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Trumpo
02/01/21 12:13:54 PM
#345:


GME dipping below 250 again
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BignutzisBack
02/01/21 12:14:33 PM
#346:


Trumpo posted...
GME dipping below 250 again

Dear Lord please let people say this tomorrow as well

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onedarksoul
02/01/21 12:15:31 PM
#347:


Is the party over? Starting to feel that way

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krazychao5
02/01/21 12:17:07 PM
#348:


onedarksoul posted...
Is the party over? Starting to feel that way
haven't been any rockets today, except to retrace losses from low 200's. momentum is down, and that's how they shorts want it.

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HotLap
02/01/21 12:17:15 PM
#349:


onedarksoul posted...
Is the party over? Starting to feel that way

Im just along for the ride.

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GoriIIa
02/01/21 12:17:39 PM
#350:


If the volume is low how is the price fluctuating?



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lilORANG
02/01/21 12:18:56 PM
#351:


Don't worry folks, the experts on gamefaqs have assured me that AMC will be at $100 by the end of the week.
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