Georgia Trail Riders Forum
MEMBERS DISCUSSION AREA => General Discussion => Topic started by: Mortalis5509 on January 25, 2021, 09:39:40 AM
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See if this thread takes off. Just general discussion about individual stock, funds, or whatever.
Semi conductor manufacturing cannot keep up with the current demand and stocks / companies around that area are sky rocketing. I have been in UMC for around 2.5 months and its doubled in that time. Currently at $10.55 a share as of this post. It's been called the new AMD. I was dumb last year in Feb and sold my AMD at $45 and its double that now.
I want to learn option trading if anyone has good reading material or knows how to do it.
KO hasn't missed a dividen in 40 something years but its staying pretty flat. Sugar price in a way dictates coke price some. Usually what sugar does, coke stock will mimic it to a degree within 6 months.
NIO is doing well in the hybrid area.
What will Tesla do? I have 2 shares but made dang good off 2 shares.
Amazon making me mad. I thought it would pop due less black Friday and Christmas shopping but hasn't. Not sure what to do with it. Wish it would split to bring down the entry point.
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I don't have patience/time/dedication needed for option trading, but my wife picked it up over the past year and has been having fun and some success with it. Wall Street Bets on reddit has a lot of action if you want to chat real time or just read what others are doing.
I like index funds for sectors with a lot of growth but no real winners yet. PRNT is a 3d printing ETF I'm currently holding
SPCE and TSLA are doing good. DKNG did very well for me last year, but peaked last fall.
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I don't have patience/time/dedication needed for option trading, but my wife picked it up over the past year and has been having fun and some success with it. Wall Street Bets on reddit has a lot of action if you want to chat real time or just read what others are doing.
GME and BBBY - these short squeezes are hilarious. Good lesson for some of these hedge fund managers about exposure
For those out of the loop: https://www.cnbc.com/2021/01/25/cramer-sees-wallstreetbets-investors-vs-hedge-funds-as-a-new-paradigm.html
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I don't have patience/time/dedication needed for option trading, but my wife picked it up over the past year and has been having fun and some success with it. Wall Street Bets on reddit has a lot of action if you want to chat real time or just read what others are doing.
GME and BBBY - these short squeezes are hilarious. Good lesson for some of these hedge fund managers about exposure
For those out of the loop: https://www.cnbc.com/2021/01/25/cramer-sees-wallstreetbets-investors-vs-hedge-funds-as-a-new-paradigm.html
Gamestop is hilarious, even though I think it's dumb that physical retail locations even exist.
We talked this morning about whether or not it was too late to jump in to the BBBY fold since it was up something like 30% premarket
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I don't have patience/time/dedication needed for option trading, but my wife picked it up over the past year and has been having fun and some success with it. Wall Street Bets on reddit has a lot of action if you want to chat real time or just read what others are doing.
GME and BBBY - these short squeezes are hilarious. Good lesson for some of these hedge fund managers about exposure
For those out of the loop: https://www.cnbc.com/2021/01/25/cramer-sees-wallstreetbets-investors-vs-hedge-funds-as-a-new-paradigm.html
Gamestop is hilarious, even though I think it's dumb that physical retail locations even exist.
We talked this morning about whether or not it was too late to jump in to the BBBY fold since it was up something like 30% premarket
its coming back down now. Good time to pick some up but they're not as over-shorted as GME was (GME had 144% of total shares sitting out in short option contracts)
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yeah, nah. ill not be back in this thread, i just feel dumber after reading
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yeah, nah. ill not be back in this thread, i just feel dumber after reading
Ask questions. Honestly meant as a place to learn. Place to make money and invest in your future.
If I've found a good stock, ill share it.
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Amazon making me mad. I thought it would pop due less black Friday and Christmas shopping but hasn't. Not sure what to do with it. Wish it would split to bring down the entry point.
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AMZN is a mature stock. Things like black friday/Christmas shopping are part of their normal business and priced in. You won't see major swings in an established company like this outside of acquisitions, or new large contracts (for them, something like shipping contracts). But definitely not a "quick hit" stock with lots of volatility, but should offer long term steady growth. AAPL is another you should keep shares of for a long time.
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yeah, nah. ill not be back in this thread, i just feel dumber after reading
I know about a lot of things, but the stock market isn't one of them. I've had the same investment guy for over 15 years and he consistently yield a very nice ROI while managing risk. I'm extremely happy with our current portfolio and retirements plans.
Good luck gents!
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yeah, nah. ill not be back in this thread, i just feel dumber after reading
I know about a lot of things, but the stock market isn't one of them. I've had the same investment guy for over 15 years and he consistently yield a very nice ROI while managing risk. I'm extremely happy with our current portfolio and retirements plans.
Good luck gents!
Same here.
My experience says you need extra cash, time and knowledge!
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I day traded with spare money as an activity early during Rona...but eventually got out of it as I couldn't tell if it was going to boom or bust...the stress was too much, even with play money. I did make a few bucks on it...and it'll be interesting to see how much I give to the government during tax season. Several of the stocks I bought and sold have done very well since I quit playing...would have doubled money on some of them.
Now I buy things I use (Google, Starbucks, Intel, Heinz Kraft (what a loser of a stock), etc) with some rollover retirement cash.
New money goes into Vanguard index funds.
A guy at work plays with options, and has a formula that works for him. He says that it takes him an hour or so every morning to get his stuff setup for the day, and then go goes on to real work. Says he makes money, but keeps grounded on how much to invest.
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Robinhood is not bad to play in. I have that along with a traditional brokerage account. They now allow you to buy partial shares, say if you have $20 and not the full $50 a share they let you buy with the $20.
If anyone wants to play on Robinhood, I can give you a link where we both get a free share of stock.
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In 2006 i found out how to loss $145000 in one year. Now i just spend my money on 4 wheeling.
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In 2006 i found out how to loss $145000 in one year. Now i just spend my money on 4 wheeling.
Moving the loss from your left hand to the right hand. Sneaky sneaky
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I wish that was the case. Probably would not be going to work at the welding shop today if that was the case.
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Robinhood is not bad to play in. I have that along with a traditional brokerage account. They now allow you to buy partial shares, say if you have $20 and not the full $50 a share they let you buy with the $20.
If anyone wants to play on Robinhood, I can give you a link where we both get a free share of stock.
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First nickel bag is free ...... LOL
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yeah, nah. ill not be back in this thread, i just feel dumber after reading
Ask questions. Honestly meant as a place to learn. Place to make money and invest in your future.
If I've found a good stock, ill share it.
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I just hand it to my investment guy, let him handle the headache. It has worked out so far, up until this disaster of an administration kills the energy sector at least.
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
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The market has had a 10 year run up, and probably has some more to go. But one's intestinal strength hasn't been tested without having lived through a bear market (or two). Buy and hold works over time. Those who lost big in 2009 mostly panicked and sold.
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Buy and hold works over time.
"Time in the market beats timing the market"
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
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AMC jumped today. I think they may have halted trading on it today but it sure
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
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AMC jumped today. I think they may have halted trading on it today but it sure
Why would they?
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
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AMC jumped today. I think they may have halted trading on it today but it sure
Why would they?
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https://www.investopedia.com/terms/t/tradinghalt.asp
Real reason: God forbid we have a free market
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
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AMC jumped today. I think they may have halted trading on it today but it sure
Why would they?
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https://www.investopedia.com/terms/t/tradinghalt.asp
Real reason: God forbid we have a free market
I get the definition. If they do stop trade for a day, I hope they pour on the gas the next day. Free market is a free market. They are pissed becuase they cannot control it.
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
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Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
Sent from my SM-N960U using Tapatalk
AMC jumped today. I think they may have halted trading on it today but it sure
Why would they?
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https://www.investopedia.com/terms/t/tradinghalt.asp
Real reason: God forbid we have a free market
I get the definition. If they do stop trade for a day, I hope they pour on the gas the next day. Free market is a free market. They are pissed becuase they cannot control it.
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Usually they only stop it for 15 minutes or so. A full day would be ridiculous- especially with a lot of options expiring Friday
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Imagine being this guy... not knowing if you're being really smart or really stupid, but turning 50k into 22 million on one stock in just over a year (https://uploads.tapatalk-cdn.com/20210127/12c5478b4d4c2ff0d18bd8b231fd9476.jpg)
Sent from my SM-G986U using Tapatalk
Seen this. There are few other stocks that are shooting to the moon bc of redit folks.
Sent from my SM-N960U using Tapatalk
AMC jumped today. I think they may have halted trading on it today but it sure
Why would they?
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https://www.investopedia.com/terms/t/tradinghalt.asp
Real reason: God forbid we have a free market
I get the definition. If they do stop trade for a day, I hope they pour on the gas the next day. Free market is a free market. They are pissed becuase they cannot control it.
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Usually they only stop it for 15 minutes or so. A full day would be ridiculous- especially with a lot of options expiring Friday
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Yep. I'd guess it's partly due to pissy hedge funders who are getting cleaned because they shorted GME a while back.
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looks like big tech is going after their own, yall see Wallstreetbets on Reddit got nuked yesterday?
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looks like big tech is going after their own, yall see Wallstreetbets on Reddit got nuked yesterday?
WSB is still on reddit.
Schwab/TD/Robinhood all pulled the stocks from their platforms, tanking the stock values. Fucking crooked ass pieces of shit.
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looks like big tech is going after their own, yall see Wallstreetbets on Reddit got nuked yesterday?
WSB is still on reddit.
Schwab/TD/Robinhood all pulled the stocks from their platforms, tanking the stock values. Fucking crooked ass pieces of shit.
Its disgusting
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Looks like the RH app isn't working for me at the moment. TKO?
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The 'options dude' from work said this monkey business has frozen his account, but that he had the best day of trading ever due to the shenanigans. I don't know who he trades with, but an article he sent out indicated only the specific stocks were removed/halted, not the entire platform.
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The 'options dude' from work said this monkey business has frozen his account, but that he had the best day of trading ever due to the shenanigans. I don't know who he trades with, but an article he sent out indicated only the specific stocks were removed/halted, not the entire platform.
Yea its back up for me now. I was on earlier today to so it was only a brief shutdown.
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Wonder who they are going for next. I need the heads up
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Wonder who they are going for next. I need the heads up
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Lol...exactly!
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Lawsuits have already been filed against Robinhood for halting transactions of certain stocks, and lawmakers on both sides are calling for an investivation.
This could get interesting
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Lawsuits have already been filed against Robinhood for halting transactions of certain stocks, and lawmakers on both sides are calling for an investivation.
This could get interesting
the "Free Market" they say. lols. Kinda like free speech, only if they are ok with what you say or who you say it to.
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Lawsuits have already been filed against Robinhood for halting transactions of certain stocks, and lawmakers on both sides are calling for an investivation.
This could get interesting
the "Free Market" they say. lols. Kinda like free speech, only if they are ok with what you say or who you say it to.
You can say almost anything you want, but that doesn't mean there won't be consequences. I remember this one time at Hale when I made a very insensitive utterance, and the condemnation was swift; yeah, I was allowed to say it, but it came with a consequence (and a lesson).
I think crazy run-ups and run-downs should be allowed...you get what you get when you play with a crazy stock.
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Lawsuits have already been filed against Robinhood for halting transactions of certain stocks, and lawmakers on both sides are calling for an investivation.
This could get interesting
the "Free Market" they say. lols. Kinda like free speech, only if they are ok with what you say or who you say it to.
You can say almost anything you want, but that doesn't mean there won't be consequences. I remember this one time at Hale when I made a very insensitive utterance, and the condemnation was swift; yeah, I was allowed to say it, but it came with a consequence (and a lesson).
I think crazy run-ups and run-downs should be allowed...you get what you get when you play with a crazy stock.
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What’d you say?
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I think the previous advice was just to stick with it. Hang on the the Game Stop.
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(https://uploads.tapatalk-cdn.com/20210129/4031a3c71f7767273dc79a1f338aa642.jpg)
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Dogecoin on robinhood has been moving. Made quick $39 on $55 buy within a few hours. Do not trust the stability so it was a quick trade.
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
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1) not everyone buys on a margin account
2) the can set it so that a ticker can’t be bought on margin
This article is bullshit. If you don’t understand the fundamentals, you probably shouldn’t go sharing garbage like this
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
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1) not everyone buys on a margin account
2) the can set it so that a ticker can’t be bought on margin
This article is bullshit. If you don’t understand the fundamentals, you probably shouldn’t go sharing garbage like this
In the article itself...maybe you didn't read it?
"In the face of all these risks, a broker would typically increase margin requirements — reducing the amount of leverage allowed to its customers. Robinhood had already done so repeatedly, raising the margin requirement on GameStop first to 80 percent, then to 100 percent. Customers who did not meet those required amounts had their accounts locked. But GameStop is so volatile and so obviously overvalued that Robinhood presumably saw the risk of waiting for customers to deposit as unacceptable. And a meaningful increase in margin requirements would likely trigger a fire sale and effect the outcome Robinhood was trying to avoid."
And I still contend...go somewhere else if you don't like their practices...free market, dude.
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
Sent from my SM-G960U using Tapatalk
1) not everyone buys on a margin account
2) the can set it so that a ticker can’t be bought on margin
This article is bullshit. If you don’t understand the fundamentals, you probably shouldn’t go sharing garbage like this
In the article itself...maybe you didn't read it?
"In the face of all these risks, a broker would typically increase margin requirements — reducing the amount of leverage allowed to its customers. Robinhood had already done so repeatedly, raising the margin requirement on GameStop first to 80 percent, then to 100 percent. Customers who did not meet those required amounts had their accounts locked. But GameStop is so volatile and so obviously overvalued that Robinhood presumably saw the risk of waiting for customers to deposit as unacceptable. And a meaningful increase in margin requirements would likely trigger a fire sale and effect the outcome Robinhood was trying to avoid."
And I still contend...go somewhere else if you don't like their practices...free market, dude.
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Setting up a new account and moving your securities takes time. In a situation like this you don’t have time to wait.
If it was so risky - the sec should have halted trading (they did for a short period) and the institutional investors would be locked out as well. Schwab/Robinhood/Apex all just locked out retail investors - that is the issue.
Trust me- I will be transferring the rest of what’s in robinhood to tastyworks, but what happened yesterday is market manipulation. Look at the after hours activity this morning - the institutional investors are stocking up while the average Joe is locked out
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
Sent from my SM-G960U using Tapatalk
1) not everyone buys on a margin account
2) the can set it so that a ticker can’t be bought on margin
This article is bullshit. If you don’t understand the fundamentals, you probably shouldn’t go sharing garbage like this
In the article itself...maybe you didn't read it?
"In the face of all these risks, a broker would typically increase margin requirements — reducing the amount of leverage allowed to its customers. Robinhood had already done so repeatedly, raising the margin requirement on GameStop first to 80 percent, then to 100 percent. Customers who did not meet those required amounts had their accounts locked. But GameStop is so volatile and so obviously overvalued that Robinhood presumably saw the risk of waiting for customers to deposit as unacceptable. And a meaningful increase in margin requirements would likely trigger a fire sale and effect the outcome Robinhood was trying to avoid."
And I still contend...go somewhere else if you don't like their practices...free market, dude.
Sent from my SM-G960U using Tapatalk
Setting up a new account and moving your securities takes time. In a situation like this you don’t have time to wait.
If it was so risky - the sec should have halted trading (they did for a short period) and the institutional investors would be locked out as well. Schwab/Robinhood/Apex all just locked out retail investors - that is the issue.
Trust me- I will be transferring the rest of what’s in robinhood to tastyworks, but what happened yesterday is market manipulation. Look at the after hours activity this morning - the institutional investors are stocking up while the average Joe is locked out
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There ya go...moving along to a different place to trade.
I do understand your point. What do you think the remedy for this should be? Should RH pay money for your lost opportunity? Shut down RH? Have the government run RH?
You stated the article was complete BS..can you point me to a better article, maybe one that's not complete BS...or explain it to me in detail here?
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After reading the article below, I understand why RH did what it did, and for those arguing about free markets, it seems to me that RH did what you want a free market business to do: act on their own best interest
If you don't like how RH behaved, go elsewhere with your money.
https://www.nationalreview.com/2021/01/why-robinhood-halted-gamestop-trading/
Sent from my SM-G960U using Tapatalk
1) not everyone buys on a margin account
2) the can set it so that a ticker can’t be bought on margin
This article is bullshit. If you don’t understand the fundamentals, you probably shouldn’t go sharing garbage like this
In the article itself...maybe you didn't read it?
"In the face of all these risks, a broker would typically increase margin requirements — reducing the amount of leverage allowed to its customers. Robinhood had already done so repeatedly, raising the margin requirement on GameStop first to 80 percent, then to 100 percent. Customers who did not meet those required amounts had their accounts locked. But GameStop is so volatile and so obviously overvalued that Robinhood presumably saw the risk of waiting for customers to deposit as unacceptable. And a meaningful increase in margin requirements would likely trigger a fire sale and effect the outcome Robinhood was trying to avoid."
And I still contend...go somewhere else if you don't like their practices...free market, dude.
Sent from my SM-G960U using Tapatalk
Setting up a new account and moving your securities takes time. In a situation like this you don’t have time to wait.
If it was so risky - the sec should have halted trading (they did for a short period) and the institutional investors would be locked out as well. Schwab/Robinhood/Apex all just locked out retail investors - that is the issue.
Trust me- I will be transferring the rest of what’s in robinhood to tastyworks, but what happened yesterday is market manipulation. Look at the after hours activity this morning - the institutional investors are stocking up while the average Joe is locked out
Sent from my iPhone using Tapatalk
There ya go...moving along to a different place to trade.
I do understand your point. What do you think the remedy for this should be? Should RH pay money for your lost opportunity? Shut down RH? Have the government run RH?
You stated the article was complete BS..can you point me to a better article, maybe one that's not complete BS...or explain it to me in detail here?
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Pat posted something above.
The issue isn’t retail investors, it’s the hedge funds that shorted 140% of available shares with only like a 50% float. That is what shouldn’t be allowed to happen - the rest is a product of a free market
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@clark123456 to elaborate, here is a good breakdown of the "why" this is possible:
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Anyone here got any dogecoin?
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Anyone here got any dogecoin?
i have 5,100 coins @ $0.065. Its been a great few days ;)
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Anyone here got any dogecoin?
i have 5,100 coins @ $0.065. Its been a great few days ;)
Damnit man!
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