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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 01-28-2021, 01:21 AM   #6796
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Old 01-28-2021, 05:45 AM   #6797
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Am I understanding correctly that AMC, NOK, and BB are meme/hype plays and are not being driven by massive shorts like GME? If so, that seems like a critical difference in what's driving the run ups. There seems to be a sentiment on WSB that these are distraction plays to keep money out of GME.

I don't remember this being covered in my investments class in business school.
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Old 01-28-2021, 07:17 AM   #6798
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RH currently "encountering an error" when trying to search for GME, AMC, and BB
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Old 01-28-2021, 07:40 AM   #6799
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RH currently "encountering an error" when trying to search for GME, AMC, and BB
They are allowing on selling on some of these.. the hedgefund people are going to go bankrupt and Robin Hood is in bed with them or so it seems.
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Old 01-28-2021, 07:43 AM   #6800
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Old 01-28-2021, 07:55 AM   #6801
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Old 01-28-2021, 08:10 AM   #6802
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GME "This stock is not supported on Robinhood"
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Old 01-28-2021, 08:13 AM   #6803
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Old 01-28-2021, 08:47 AM   #6805
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They are allowing on selling on some of these.. the hedgefund people are going to go bankrupt and Robin Hood is in bed with them or so it seems.
Sounds like they use Citadel to handle their order flow who lent Melvin a couple billion and are left holding the bag

Getting juicy
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Old 01-28-2021, 08:54 AM   #6806
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Feel like I need to buy an airline stock and just let it sit. Seems like a slam dunk that it will come back
American Airlines up 30% at open today. I ended up getting Airbnb which has done quite well, but I hope you AA investors are happy today!
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Old 01-28-2021, 09:07 AM   #6807
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I question the motive of some of these Robinhood (and other platforms) traders. Are they just trying to make a buck or are they just out to screw up the hedge fund traders just because they can? We've been watching people destroy others business' all year so is this the same type behavior.
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Old 01-28-2021, 09:37 AM   #6808
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I question the motive of some of these Robinhood (and other platforms) traders. Are they just trying to make a buck or are they just out to screw up the hedge fund traders just because they can? We've been watching people destroy others business' all year so is this the same type behavior.
They're doing nothing wrong here.
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Old 01-28-2021, 09:38 AM   #6809
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I question the motive of some of these Robinhood (and other platforms) traders. Are they just trying to make a buck or are they just out to screw up the hedge fund traders just because they can? We've been watching people destroy others business' all year so is this the same type behavior.
We're talking about thousands of people, so concluding what "they" want is pretty tough. The subreddit itself is all about taking huge risks in hopes of huge payouts, so that's probably where it started - force the shorts to sell so that the price goes up and everyone can dump at the top.

Somewhere along the way, they realized that doing so would cause huge damage to a couple of hedge funds, and many believe such organizations to be at the root cause of a lot of economic problems, so some probably hopped on in hopes of sticking it to the man.

Then it got momentum, and you have random Joe's who don't really have any idea what they're doing but jumped on because they see people posting how much money they've "made." Eventually, the bottom is going to drop out, and it'll likely be these types that will get screwed.

So from my perspective, it's a little of everything.
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Old 01-28-2021, 09:41 AM   #6810
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They're doing nothing wrong here.
I didn't say they were I just questioned their motives.
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