Llevron Posted January 31, 2021 Share Posted January 31, 2021 (edited) Y’all need to buy AMC so I can sell that again. Edited January 31, 2021 by Llevron 1 4 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted January 31, 2021 Share Posted January 31, 2021 1 2 Link to comment Share on other sites More sharing options...
techboy Posted February 1, 2021 Share Posted February 1, 2021 9 hours ago, Llevron said: Y’all need to buy AMC so I can sell that again. 10 at a time right now on Robinhood. https://www.cnbc.com/amp/2021/01/31/robinhood-to-continue-trading-limits-on-monday-customers-can-still-only-buy-one-gamestop-share.html That article also briefly covers the actual reason platforms blocked buying... Many of them didn't have the capital to cover the settlement period when clearinghouses raised the requirements. Here's more on that: https://www.marke****ch.com/story/gamestop-frenzy-puts-clearinghouses-in-spotlight-as-investors-weigh-systemic-risk-fears-11611950283 This is the Twitter thread from that article that does a pretty good job explaining it: 3 Link to comment Share on other sites More sharing options...
Llevron Posted February 1, 2021 Share Posted February 1, 2021 @techboy I appreciate that but I also want you to know that the memes are on my side so if this doesn’t work I’m calling BS (seriously thanks for the info and I get it) AMC TO THE MOON MONDAY 🚀🚀🚀🚀🚀🚀💎💎💎💎🚀🚀💎🚀💎🚀💎 1 1 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted February 1, 2021 Share Posted February 1, 2021 (edited) 2 hours ago, techboy said: https://www.marke****ch.com/story/gamestop-frenzy-puts-clearinghouses-in-spotlight-as-investors-weigh-systemic-risk-fears-11611950283 This is the Twitter thread from that article that does a pretty good job explaining it: I see a lot of words and all, but I can't read. AMC to the moon!! I see this week being interesting since all of the redditors have switched from RH to Fidelity/Vanguard to buy stocks. I'm going to be paying close attention for any dips....I couldn't get my purchase in last week when it hit $190 a share. I figured I'd buy 2 and see what happens. Edited February 1, 2021 by Barry.Randolphe Link to comment Share on other sites More sharing options...
spjunkies Posted February 1, 2021 Share Posted February 1, 2021 I just need AMC to get to the space station and I'll be happy. 1 Link to comment Share on other sites More sharing options...
Captain Wiggles Posted February 1, 2021 Share Posted February 1, 2021 1 Link to comment Share on other sites More sharing options...
tshile Posted February 1, 2021 Share Posted February 1, 2021 8 hours ago, techboy said: That article also briefly covers the actual reason platforms blocked buying... Many of them didn't have the capital to cover the settlement period when clearinghouses raised the requirements. Here's more on that: On 1/28/2021 at 9:35 PM, techboy said: The biggest problem is that their "free" can actually be quite expensive, because they're not a charity... They make their money in a variety of ways, one of which is by how they route trade executions. That's not a big deal for someone like me, who makes two or three trades a year, but it can add up if you're going to be jumping in and out of positions. On 1/28/2021 at 9:35 PM, techboy said: This is the likely explanation for their halt to buying those stocks. What they’re doing in the backend to facilitate trades and what it means their exposure/risk is at any given moment. On 1/29/2021 at 12:07 AM, tshile said: that third box is actually my quote it got messed up 🤷♂️ but yeah. That was predictable.100% truth vs convenient argument? 🤷♂️ Link to comment Share on other sites More sharing options...
The Evil Genius Posted February 1, 2021 Share Posted February 1, 2021 Explanations aside, it is 100% bad optics to have artificial limits placed on the amount of purchasing or selling of stock by a major company like Robinhood. They should suffer the fallout. 1 Link to comment Share on other sites More sharing options...
Spaceman Spiff Posted February 1, 2021 Share Posted February 1, 2021 WAHOOO AMC BABY TO THE MOTHER****IN MOOOOOOOOOOOOOOOOOOON!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 2 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted February 1, 2021 Share Posted February 1, 2021 10 minutes ago, Spaceman Spiff said: WAHOOO AMC BABY TO THE MOTHER****IN MOOOOOOOOOOOOOOOOOOON!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 Is that you on the far right? You’ve always struck me as a “shorts in February” type of guy. 3 Link to comment Share on other sites More sharing options...
Spaceman Spiff Posted February 1, 2021 Share Posted February 1, 2021 1 minute ago, TryTheBeal! said: Is that you on the far right? You’ve always struck me as a “shorts in February” type of guy. With my newfound wealth I was going to purchase you tickets to one of those metal cruises you like, but nooooooope. 1 1 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted February 1, 2021 Share Posted February 1, 2021 1 minute ago, Spaceman Spiff said: With my newfound wealth I was going to purchase you tickets to one of those metal cruises you like, but nooooooope. Don’t worry about these pockets. I got that Miata Money, my man! 4 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted February 1, 2021 Share Posted February 1, 2021 48 minutes ago, TryTheBeal! said: Don’t worry about these pockets. I got that Miata Money, my man! but does your Miata come loaded with tendies?? You'll need those for your moon trip 2 Link to comment Share on other sites More sharing options...
Llevron Posted February 1, 2021 Share Posted February 1, 2021 56 minutes ago, Spaceman Spiff said: With my newfound wealth I was going to purchase you tickets to one of those metal cruises you like, but nooooooope. I dont think AMC is ever getting back to 20, but if you got in at 16 you might be able to get your money back today. If thats your plan I would set some kinda auto sell if you have that capability. If thats not your plan, enjoy the wave playa lol Link to comment Share on other sites More sharing options...
The Evil Genius Posted February 1, 2021 Share Posted February 1, 2021 Meanwhile I'm like.. 3 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted February 1, 2021 Share Posted February 1, 2021 10 minutes ago, Barry.Randolphe said: but does your Miata come loaded with tendies?? You'll need those for your moon trip The trunk is surprisingly spacious. That’s all I’m gonna say. 1 Link to comment Share on other sites More sharing options...
Springfield Posted February 1, 2021 Share Posted February 1, 2021 We are getting beat up today boys. Better hold on for dear life. Link to comment Share on other sites More sharing options...
Nerm Posted February 1, 2021 Share Posted February 1, 2021 The aftermath of this GME story is going to be fascinating to watch. It is going to be amazing watching congress shred Wall Street "fat cats" for refusing to sell a stock, that they know is about to crash, to middle class investors who don't understand what they are buying. 1 Link to comment Share on other sites More sharing options...
The Evil Genius Posted February 1, 2021 Share Posted February 1, 2021 8 minutes ago, Nerm said: The aftermath of this GME story is going to be fascinating to watch. It is going to be amazing watching congress shred Wall Street "fat cats" for refusing to sell a stock, that they know is about to crash, to middle class investors who don't understand what they are buying. Next up, 7-Eleven refusing to sell scratchers because hardly anyone wins big on them. 1 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted February 1, 2021 Share Posted February 1, 2021 10 minutes ago, Springfield said: We are getting beat up today boys. Better hold on for dear life. i got in 2 shares at the low dip today to the moonnnnnnnnnnnnn Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted February 1, 2021 Share Posted February 1, 2021 CNBC about to interview Ja Rule!! THIS IS NOT A DRILL 2 Link to comment Share on other sites More sharing options...
DCSaints_fan Posted February 1, 2021 Share Posted February 1, 2021 (edited) Big institutional investors and individual fat cats who short sell are eventually going to win. Yes, they will take down Melvin Capital and maybe Robinhood, but eventually people are going to have to start taking the profits. And when that happens, there will be panic sell off and price will crash down to < $50. The smarter investors can see this coming and there will be more call options going up for sale. I'm predicting all of this happens by end of April. If I had money to gamble this is what it would be on. Edited February 1, 2021 by DCSaints_fan 1 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted February 1, 2021 Share Posted February 1, 2021 56 minutes ago, Llevron said: I dont think AMC is ever getting back to 20, but if you got in at 16 you might be able to get your money back today. If thats your plan I would set some kinda auto sell if you have that capability. If thats not your plan, enjoy the wave playa lol I think the goal with AMC is to play the long hold....that stock has to be valuable come post-pandemic time when people WANT to go see a movie and the only theater remaining is AMC...plus they just got a cash infusion of $1B, they aren't going tits up anytime soon Link to comment Share on other sites More sharing options...
The Evil Genius Posted February 1, 2021 Share Posted February 1, 2021 (edited) The largest individual shareholder of Gamestop is one of the co-founders of Chewy. Already a billionaire, he invested 76 mil last year in Gamestop. He made a billion dollars on Gamestop shares last week. Edited February 1, 2021 by The Evil Genius Link to comment Share on other sites More sharing options...
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