Author Topic: New To Investing Thread  (Read 338670 times)

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Offline yoga-like_abana

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Re: New To Investing Thread
« Reply #3275 on: January 28, 2021, 12:41:23 PM »
crap is wild

Online cfbandyman

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Re: New To Investing Thread
« Reply #3276 on: January 28, 2021, 12:48:47 PM »
we seem to have some broad consensus on this one lmao

https://twitter.com/tedcruz/status/1354833603943931905

Lmao they are mumped

consensus has somehow broadened further lmao

https://twitter.com/litcapital/status/1354839492637679616

how they decide to handle it though will be the difference, cruz/djr will want it wild west, aoc and talib want regs, but yes, everyone can clearly see this game rigged out in the open right now
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Offline kim carnes

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Re: New To Investing Thread
« Reply #3277 on: January 28, 2021, 12:50:07 PM »

Offline Spracne

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Re: New To Investing Thread
« Reply #3278 on: January 28, 2021, 12:59:07 PM »
So, I bought 2 shares of GME this morning at $120/ea. Within an hour, it was up to $320/ea. Now it's at $235/ea. I don't know whether to cash out my tiny profit or just hold to see what happens.

Offline steve dave

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Re: New To Investing Thread
« Reply #3279 on: January 28, 2021, 01:00:38 PM »
Sell


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Offline Spracne

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Re: New To Investing Thread
« Reply #3280 on: January 28, 2021, 01:03:35 PM »
Sell


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Sure, I could take a $240 profit. But what of the Gunpowder treason and plot?!?

Offline Spracne

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Re: New To Investing Thread
« Reply #3281 on: January 28, 2021, 01:07:40 PM »
I don't mind losing $240 to change the world. I'm part of a movement, here. We're going to stick our diamond fingers in The Man's fat eyeball.

Offline star seed 7

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Re: New To Investing Thread
« Reply #3282 on: January 28, 2021, 01:10:09 PM »
I don't mind losing $240 to change the world. I'm part of a movement, here. We're going to stick our diamond fingers in The Man's fat eyeball.

Damn the man, save the empire
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Offline Rage Against the McKee

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Re: New To Investing Thread
« Reply #3283 on: January 28, 2021, 01:10:52 PM »
GME is worth about $20. It's gone about as high as it is going to go.

Offline DaBigTrain

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Online cfbandyman

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Re: New To Investing Thread
« Reply #3285 on: January 28, 2021, 01:15:37 PM »
Maybe someone can provide a “shorting for dummies” to make sure we’re all on the same page.

Cause I fundamentally don’t understand how the big guys can be actively hurt by a stock being up over the course of a week.

This helped me a lot. It's one of those things that when I read about it's understandable but I can never retain the knowledge.

https://twitter.com/_jimmykelly/status/1354600999835607041?s=19
This is missing the timing part for me. Yeah, you gotta pay it back at some point, but why wouldn’t you just hold for now? Are they honestly concerned that the investors will prop up GameStop for years to come.

Watch the end market scene from Trading Places, that's basically a short happening in front of you
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Offline Gooch

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Offline Pete

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Online Stupid Fitz

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Re: New To Investing Thread
« Reply #3288 on: January 28, 2021, 01:32:42 PM »
https://twitter.com/avalonpenrose/status/1354496683938201600

Initially I didn't think I was going going to enjoy this much at all, but I really really did. This was great.

Offline steve dave

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Re: New To Investing Thread
« Reply #3289 on: January 28, 2021, 01:43:33 PM »

Offline Spracne

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Re: New To Investing Thread
« Reply #3290 on: January 28, 2021, 01:45:46 PM »
Update: I sold one of my two GME stonks at $240, which is what I purchased both for combined. Thus, I have acquired 1 free stonk, and I will now let it ride to screw over The Man somehow.

Online wetwillie

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Re: New To Investing Thread
« Reply #3291 on: January 28, 2021, 01:48:47 PM »
Shorts win again smdh
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Offline Spracne

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Re: New To Investing Thread
« Reply #3292 on: January 28, 2021, 01:49:58 PM »
Don't get me wrong, I'm all for sticking it to The Man. I'd just rather do it on someone else's dime, in true The Man fashion.

Offline Brock Landers

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Re: New To Investing Thread
« Reply #3293 on: January 28, 2021, 01:52:03 PM »
I saw that Robinhood has an IPO planned sometime this year.  Ummm probably not now lol.  They absolutely tazed the entire crap out of their balls on this ordeal.

Offline bucket

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Re: New To Investing Thread
« Reply #3294 on: January 28, 2021, 02:51:24 PM »
The Wolf of Wall Street was just on CNN and he said that Robinhood and other platforms are blocking buying by retail investors because they could be held liable for this colluding to drive up the price of the stocks in question.

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Re: New To Investing Thread
« Reply #3295 on: January 28, 2021, 03:08:28 PM »
The Wolf of Wall Street was just on CNN and he said that Robinhood and other platforms are blocking buying by retail investors because they could be held liable for this colluding to drive up the price of the stocks in question.

I guess chum’s brokerage doesn’t fear the COLUSION charge.
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Offline steve dave

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Re: New To Investing Thread
« Reply #3296 on: January 28, 2021, 03:10:26 PM »
The Wolf of Wall Street was just on CNN and he said that Robinhood and other platforms are blocking buying by retail investors because they could be held liable for this colluding to drive up the price of the stocks in question.

they need to organize their reasoning and present a united front

https://twitter.com/zGuz/status/1354854476801302528

Offline steve dave

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Re: New To Investing Thread
« Reply #3297 on: January 28, 2021, 03:13:21 PM »

Offline Pete

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Re: New To Investing Thread
« Reply #3298 on: January 28, 2021, 03:24:57 PM »
this better be fake.

https://twitter.com/SawyerHackett/status/1354875520924717057

I read that Robinhood users sign arbitration agreements, so I wonder if they are just mumped even if it's true.


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Offline IPA4Me

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Re: New To Investing Thread
« Reply #3299 on: January 28, 2021, 03:33:34 PM »