The Official Stock Market Thread

[NeedChapmans]

Originally Posted by Brobocop

This is downright fraud. If anyone didn't think the market was rigged prior to this, they need to think again. Gross.

The funds will win.

We're playing the same game w/ different characters. You can't expect an unorganized group of retail to hold together for a long period of time. There's a limit to the value they can add into a stock (and when X many decide to get out and take their gains, it's over).

Toss in the expected GME secondary offering; this will end soon. Still, all that said, plenty of room for the rise to continue.

[NeedChapmans]

Big companies doing what big companies do. Exert power.

[GeechQuest]

Originally Posted by NeedChapmans

The funds will win.

We're playing the same game w/ different characters. You can't expect an unorganized group of retail to hold together for a long period of time. There's a limit to the value they can add into a stock (and when X many decide to get out and take their gains, it's over).

Toss in the expected GME secondary offering; this will end soon. Still, all that said, plenty of room for the rise to continue.

It’s not ending. They’re still upside down by a hefty amount.

Who gets to decide how to value a stock? They can’t unwind all their shorts. To unwind them they have to buy. This is just going to drive the price higher.

[Zauron]

Yeah, I am pretty pissed Robinhood took this notion.

I put a little money into these to catch the ride, and had some buy orders last night for Nokia, and honestly have no clue now if they will go through since it's not supported with them anymore.

How the heck is this not market manipulation? It's the same with Blackberry, AMC, Gamestop, and now the site isn't working for me.

Oh boy, I have a feeling Robinhood will get hit hard for this, but who knows.

[NeedChapmans]

Originally Posted by GeechQuest

It’s not ending. They’re still upside down by a hefty amount.

Who gets to decide how to value a stock? They can’t unwind all their shorts. To unwind them they have to buy. This is just going to drive the price higher.

It will end. When you are no longer able to buy any; it will end quickly.

[NeedChapmans]

Originally Posted by Zauron

Yeah, I am pretty pissed Robinhood took this notion.

I put a little money into these to catch the ride, and had some buy orders last night for Nokia, and honestly have no clue now if they will go through since it's not supported with them anymore.

How the heck is this not market manipulation? It's the same with Blackberry, AMC, Gamestop, and now the site isn't working for me.

Oh boy, I have a feeling Robinhood will get hit hard for this, but who knows.

TD already limited a lot of accounts on these stocks; it didn't start w/ RH.

[GeechQuest]

Originally Posted by NeedChapmans

It will end. When you are no longer able to buy any; it will end quickly.

I can still buy, but I don’t use RH.

It only ends if there are shares to buy. If nobody sells their shares, it’s an infinite loop.

How this is lost on so many I have no idea.

[Zauron]

Originally Posted by NeedChapmans

TD already limited a lot of accounts on these stocks; it didn't start w/ RH.

So is this not market manipulation? Limiting people buying stock, forcing it to go down in price?

I never went into GME as that was way too volatile for my liking, but #@#@#@#@ Nokia at $5, why not?

[monkeymcgee]

Originally Posted by carlo16

Worst part about GME is it has attracted flies to this thread. PG has been beaten up lately. Still probably priced fairly but I’ll own it till I die.

I’ll be happy to start a new thread if we’re screwing up the old community in this thread

[NeedChapmans]

Originally Posted by GeechQuest

I can still buy, but I don’t use RH.

It only ends if there are shares to buy. If nobody sells their shares, it’s an infinite loop.

How this is lost on so many I have no idea.

Yes but again, the average retail investor will see that people are unable to buy, and can only sell ... and will sell.

[Vintagecollect]

Originally Posted by monkeymcgee

I’ll be happy to start a new thread if we’re screwing up the old community in this thread

This one already has chased out almost all others with self appointed experts, and know-it-alls.

Sent from my SM-N950U using Tapatalk

[GeechQuest]

Originally Posted by NeedChapmans

Yes but again, the average retail investor will see that people are unable to buy, and can only sell ... and will sell.

The average retail investor can sell ALL their shares and it doesn’t cover the short position.

When the shorts buy, it drives the price up.

Shorts have to buy 70M shares, 20M of which don’t exist. It’s pretty basic math.

[Vintagecollect]

Open webull and show robber baron hood the door

Sent from my SM-N950U using Tapatalk

[xbignick]

Charles Schwab down again.

[ballhawkdawk]

Can’t buy anymore AMC. I’m legit fu**ing irate right now.

[ballhawkdawk]

Originally Posted by Vintagecollect

Open webull and show robber baron hood the door

Sent from my SM-N950U using Tapatalk

I have accounts with both.. mostly in RH though just because I prefer the interface even tho it costs me opportunity in the PM hours. I’m switching entirely to Webull. I hope Robinhood burns.

[NeedChapmans]

Originally Posted by GeechQuest

The average retail investor can sell ALL their shares and it doesn’t cover the short position.

When the shorts buy, it drives the price up.

Shorts have to buy 70M shares, 20M of which don’t exist. It’s pretty basic math.

Yes but you will end up close to where we started. With an oversold float at a much lower valuation. It never HAS to resolve.

HALT.

[xbignick]

AMC, GME halted.

[jcardstore]

Just open a Fidelity account. Problem solved

[NeedChapmans]

UP we go. This is fun.

[xbignick]

Lol can't be stopped!

[GeechQuest]

Originally Posted by NeedChapmans

Yes but you will end up close to where we started. With an oversold float at a much lower valuation. It never HAS to resolve.

HALT.

If it doesn’t resolve are you just going to eat the interest forever? Doesn’t seem like a sound financial policy. Go broke through the front door or the back.

Sellers don’t have to sell, shorts HAVE to buy eventually or go underwater due to interest. That could take years, but it will happen eventually.

The only way for the shorts to get out is to buy and eat the overvalued shares.

This isn’t tough to figure out.

[ballhawkdawk]

I’m not selling any AMC. Moon or bust. IDGAF

[NeedChapmans]

Originally Posted by GeechQuest

If it doesn’t resolve are you just going to eat the interest forever? Doesn’t seem like a sound financial policy. Go broke through the front door or the back.

Sellers don’t have to sell, shorts HAVE to buy eventually or go underwater due to interest. That could take years, but it will happen eventually.

The only way for the shorts to get out is to buy and eat the overvalued shares.

This isn’t tough to figure out.

You presume sellers "don't have to sell". But they will (because they do). I know what you mean of course but again, we're talking about a population in which one of two things will happen

(1) The stock will stall and they will move to the next "thing"
(2) They need the $$

The momentum will shift. Right now, retail has the mojo and when that changes, this will change with it.

[xbignick]

SNDL halted. Bought it at $0.69/share yesterday, halted at $1.19/share.