Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[threebag]

Originally Posted by Hammock Parties

I would date her

a normal person explains what’s happening on the stock market: pic.twitter.com/zKKvULCirX

— Avalon Penrose (@avalonpenrose) January 27, 2021

No you wouldn’t. This is a stock thread not a sock thread. Just like your cash... ghost

[ReynardMuldrake]

Originally Posted by KCUnited

GME "This stock is not supported on Robinhood"

[Al Bundy]

HELLO @RobinhoodApp YOU DONT BE THE JABRONI OF THE EARTH YOU LET THE PEOPLE PLAY OTHERWISE I BREAK YOUR BACK. DONT INSULT THE @reddittrading

— The Iron Sheik (@the_ironsheik) January 28, 2021

[Huntordie]

Did you pay too much for those SB tickets. Save on Tampa lodging & walk to the game. Call 813 357 4796.

[KCUnited]

Originally Posted by Al Bundy

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

[RunKC]

Originally Posted by RunKC

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!

[philfree]

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.

[Discuss Thrower]

Originally Posted by philfree

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.

[DaFace]

Originally Posted by philfree

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.

[philfree]

Originally Posted by Discuss Thrower

They're doing nothing wrong here.

I didn't say they were I just questioned their motives.

[philfree]

Originally Posted by DaFace

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.

I'm wondering if there's a handful of leaders of this cabal. Pied Pipers so to speak with lot's of cash to work with who are stringing this along. This is supposed to be the little guys doing this but I have my doubts it's just them.

[MagicHef]

Originally Posted by philfree

I'm wondering if there's a handful of leaders of this cabal. Pied Pipers so to speak with lot's of cash to work with who are stringing this along. This is supposed to be the little guys doing this but I have my doubts it's just them.

The initiator of all of this is a user on WSB named u/deep****ingvalue.

[Dunerdr]

I dont claim to be market saavy but a guy i work with had 1001 dogecoins that he bought for less than 3$ a long time ago, now robin hood is locked up and wont let him buy or sell it wtf.

[SithCeNtZ]

Originally Posted by philfree

I'm wondering if there's a handful of leaders of this cabal. Pied Pipers so to speak with lot's of cash to work with who are stringing this along. This is supposed to be the little guys doing this but I have my doubts it's just them.

I don't think so, although you could maybe argue the guy who did the calls that are now worth 40 million or whatever certainly helped stoked the fires. But smart people with alot of money have surely cashed in big time here riding the wave. WSB isn't big enough to drive the price up 500 bucks in a week. That requires huge amounts of money and trades.

The fact is that this isn't the first stock that is over valued and a bunch of people just decided it should be worth that much. Tesla is up 600 bucks over what, six months? With no new products and they actually missed their most recent projections. Doesn't matter because of the people that just randomly decided it was cool to own tesla. FOMO and hype are the new get rich quick things in the market place, and gamestop won't be the last.

[Clyde Frog]

This is the craziest shit Ive seen in my lifetime. Robinhood is likely ****ed.