Jan 28, 2021 5:24 AM
popularoctopus
74527
1660
34
wozat
*too
Jessebob42
Stock have always been for the long haul for me. Stocks are cyclic.
drifter271200242
and now we break the bankman
RummageSaleBubbler
WSB invaded imgur? First it was the hedge funds. What's next?
justramblingfromnooneimportant
Buy AMC Now, it’s the next GMC!!
Help a little guy while you’re at it. Check out signaltuner.com
Leodivinci
If they dont value human lives, take what they opt'd out for instead.
PanNonOpticon
As somebody who owns a few Nok stock, I won't be trying to scare you when I'll sell them if you go cracy on the price, I'm doing it for $$$
NonStopTaco
Viva la revolution?
Thenameideserved
Can anyone confirm that we have differentiated trading hours? That seems like a huge advantage to have...
GoodGraces
CORRECT.
evilspyre
This explains it https://www.investopedia.com/ask/answers/05/saleafterhours.asp
ClownSteakTasteFunny
Could someone explain to me what is going on?
BautaStein
If you think that a bunch of regular people coming together to sink hedge funds is cool, wait till you learm about general strikes.
simmerdim
WOW! I wish I'd got in with that, I've been saying it for years.
zanaria
They were using other people's money to try and make money, now they are complaining because someone disrupted their scheme...
IThinkYouGotAFineBrainJack
That's our secret, we never had any money to care about anyway.
OhNoSeriouslyImNotCreative
HODL GANG 2: Electric Boogaloo
Ladyabbeyquinn
I wish we had the money to dip into this some. We could use a nice chunk of change to catch up on Covid bills.
$20? See what happens. If more people put in tonight/tomorrow, that stock will skyrocket. Don't have to be rich to use Robinhood.
bigblindguy
Robinhood has been banned from trading as of 4 hours I go read. Dunno on how many stocks.
Emjayen
As someone who worked on HFT systems:
gimmicsgaming360
I'm still holding
CangodCreateAStoneItCannotLift
"this is war" OK, but what is the goal? Who is "leading" and what is their agenda? It would be nice if the 99% got a much better life.
EliGates
For now #Hold
Goal 1. Rocket GME, and maintain. Goal 2. Rocket and maintain AMC, etc.
I understand / get 1 and 2, but again, what is the ultimate goal, do 'they' want to better the life of 99% of Americans?
And power to the people is also good, as long as the pigs are not more worth than the chickens.
Katusa
It's partially for making money along with signing a light on a shady ass practice that hedge funds use to force business to close.
Business closing affects jobs. There's also the side affect that people can point to this episode as an example of why the stock market
screamedatbykids
Ok I think I get it. Stock was supposed to go down so they all bought it and it went up, screwing the hedge fund betting against it?
SQLdragon
if I had known when it was $6 dollars I might've put in $30 or $50 dollars at most...once it hit the news, it was too late for me.
cominginhot
money are temporary, being part of this shitshow will be eternal, sell your kids if necessary and buy, you'll be able to buy back them later
GnomeDeGuerre
Don't make it a war, make it a battle. Don't assume repeatability.
#HOLD
Cryoplazma
https://imgur.com/qAJRBoh
Jusmarafterdark
TevishSzat
I have a feeling this line is going to get a LOT of use soon.
reuvil
Robinhood has stopped all buys on GME AMC NOK BB and you can't even search for them if you don't already own them. COLLUSION
nevertrustawetfart
FlametongueKavu
This is perfect
kaarbaakimgr
You realize that's YOUR money that's burning, right? I mean, everyone knows this is a scam, right?
LordOfDaemon
Yep
Harbltron
Did you miss the part where it wasn't about the money, it was about sending a message?
20 bucks kills $280 of some rich assholes' money? All aboard. This is not what public ownership is about.
PaulHurley
NaughtButOne
Blacktusk
Maybe the stock prices deflate because the companies aren't worth that much and this is all a weird hybrid conspiracy theory-pump scheme.
Like one group is "capitalize on these short sellers overextending themselves, you can make money when they have to buy."
The other group is "apes together destroy the elites with their diamond hands *rocket ships*" like some new brand of Q bullshit.
uhushuhu
Stupid question: can I invest in American stocks if I'm from Europe? Oror are there, like, regions?
jacky5
In the UK I had to sign a W8-BEN form, it pretty much all completed for me. Depending on who your using to trade stock, it should be simple
Solkanarmy
is your name Ben, and did your banker advise you to invest at a later time?
llamasaylol
The form you need to fill in is called like WSBEN-32 or something. The trading platform you pick should prompt you to do it through them.
jackwabbity7
Download the freetrade app that does it for you
adiving
Technically, yes. It depends on the service you use to buy stocks though.
human3X
Yeah, you can on Trading212. Use my invite to get a free share! www.trading212.com/invite/HXjynrCS signups are blocked atm, wait a little :)
ThatGuyIsNotMe
You can, but you have to sign a special tradeagreement. Most apps and banks have this agreement ready for you to sign.
doombuggy
Why do this to wealthy hedge funds?
LordNergal
I want to see if we can shortsell the hedge funds themselves. If so... new target list made for Reddit.
HopelessNecr0mantic
They aren't traded securities. So no.
I'm noticing. Which makes me sad. I so wanted to add insult to injury.
BlacknCrimsonRose
This is the thing that gets me. Wall Street, to fuck over retail traders for fucking over the bullshit hedgefund traders might freeze 1/?
stocks. But these hedge funds and pro stock traders have after close buying/selling power. So wtf? The market is already biased against 2/?
all these reddit traders. Why do rich people feel it so prudent to irrefutably show they dont like poor/lower middle class from making $?
I was able to buy and sell after hours and I just opened the account last week.
beaubrent
I mean on the other hand, take advice on reddit with a big grain of salt.
Primatebuddy
It's not advice. It's a plea to join in the fun.
JustAnotherVictimOfAmbientMorality
Also, maybe consider that stock trading for revenge might end badly for you.
alvinthatsme
The advices are good, no one is saying gme good buy, everyone is saying buy and stick it to the hedge fund
TheFishFace
Lots of people are saying things that can be interpreted as it's a good buy. Lots are in it for the money
danopotato
Yup this isn’t about the money. It’s admit sending a message
ThailandExpress
the hedge fund is going to be fine
Cnbc is proly gon get a lawsuit by the rich redditors.
https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html
No they closed out their puts which limits loses. Their shorts are still in play.
https://www.theguardian.com/business/2021/jan/27/gamestop-stock-market-retail-wall-street
DrSparken
Long outdated numbers already. The shares are now at 350 and likely to climb further, which means the shorted shares are worth 25 bn >
before the squeeze starts. 3bn bailout isn't going to cover it.
wozat
*too
Jessebob42
Stock have always been for the long haul for me. Stocks are cyclic.
drifter271200242
RummageSaleBubbler
WSB invaded imgur? First it was the hedge funds. What's next?
justramblingfromnooneimportant
Buy AMC Now, it’s the next GMC!!
popularoctopus
Help a little guy while you’re at it. Check out signaltuner.com
Leodivinci
If they dont value human lives, take what they opt'd out for instead.
PanNonOpticon
As somebody who owns a few Nok stock, I won't be trying to scare you when I'll sell them if you go cracy on the price, I'm doing it for $$$
NonStopTaco
Viva la revolution?
Thenameideserved
Can anyone confirm that we have differentiated trading hours? That seems like a huge advantage to have...
GoodGraces
CORRECT.
evilspyre
This explains it https://www.investopedia.com/ask/answers/05/saleafterhours.asp
ClownSteakTasteFunny
Could someone explain to me what is going on?
BautaStein
If you think that a bunch of regular people coming together to sink hedge funds is cool, wait till you learm about general strikes.
simmerdim
WOW! I wish I'd got in with that, I've been saying it for years.
zanaria
They were using other people's money to try and make money, now they are complaining because someone disrupted their scheme...
IThinkYouGotAFineBrainJack
That's our secret, we never had any money to care about anyway.
OhNoSeriouslyImNotCreative
HODL GANG 2: Electric Boogaloo
Ladyabbeyquinn
I wish we had the money to dip into this some. We could use a nice chunk of change to catch up on Covid bills.
GoodGraces
$20? See what happens. If more people put in tonight/tomorrow, that stock will skyrocket. Don't have to be rich to use Robinhood.
bigblindguy
Robinhood has been banned from trading as of 4 hours I go read. Dunno on how many stocks.
Emjayen
As someone who worked on HFT systems:
gimmicsgaming360
I'm still holding
CangodCreateAStoneItCannotLift
"this is war" OK, but what is the goal? Who is "leading" and what is their agenda? It would be nice if the 99% got a much better life.
EliGates
For now #Hold
GoodGraces
Goal 1. Rocket GME, and maintain. Goal 2. Rocket and maintain AMC, etc.
CangodCreateAStoneItCannotLift
I understand / get 1 and 2, but again, what is the ultimate goal, do 'they' want to better the life of 99% of Americans?
CangodCreateAStoneItCannotLift
And power to the people is also good, as long as the pigs are not more worth than the chickens.
Katusa
It's partially for making money along with signing a light on a shady ass practice that hedge funds use to force business to close.
Katusa
Business closing affects jobs. There's also the side affect that people can point to this episode as an example of why the stock market
screamedatbykids
Ok I think I get it. Stock was supposed to go down so they all bought it and it went up, screwing the hedge fund betting against it?
SQLdragon
if I had known when it was $6 dollars I might've put in $30 or $50 dollars at most...once it hit the news, it was too late for me.
cominginhot
money are temporary, being part of this shitshow will be eternal, sell your kids if necessary and buy, you'll be able to buy back them later
GnomeDeGuerre
Don't make it a war, make it a battle. Don't assume repeatability.
EliGates
#HOLD
Cryoplazma
https://imgur.com/qAJRBoh
Jusmarafterdark
TevishSzat
I have a feeling this line is going to get a LOT of use soon.
reuvil
Robinhood has stopped all buys on GME AMC NOK BB and you can't even search for them if you don't already own them. COLLUSION
nevertrustawetfart
FlametongueKavu
This is perfect
kaarbaakimgr
You realize that's YOUR money that's burning, right? I mean, everyone knows this is a scam, right?
LordOfDaemon
Yep
Harbltron
Did you miss the part where it wasn't about the money, it was about sending a message?
Jusmarafterdark
20 bucks kills $280 of some rich assholes' money? All aboard. This is not what public ownership is about.
PaulHurley
NaughtButOne
Blacktusk
Maybe the stock prices deflate because the companies aren't worth that much and this is all a weird hybrid conspiracy theory-pump scheme.
Blacktusk
Like one group is "capitalize on these short sellers overextending themselves, you can make money when they have to buy."
Blacktusk
The other group is "apes together destroy the elites with their diamond hands *rocket ships*" like some new brand of Q bullshit.
uhushuhu
Stupid question: can I invest in American stocks if I'm from Europe? Oror are there, like, regions?
jacky5
In the UK I had to sign a W8-BEN form, it pretty much all completed for me. Depending on who your using to trade stock, it should be simple
Solkanarmy
is your name Ben, and did your banker advise you to invest at a later time?
llamasaylol
The form you need to fill in is called like WSBEN-32 or something. The trading platform you pick should prompt you to do it through them.
jackwabbity7
Download the freetrade app that does it for you
adiving
Technically, yes. It depends on the service you use to buy stocks though.
human3X
Yeah, you can on Trading212. Use my invite to get a free share! www.trading212.com/invite/HXjynrCS signups are blocked atm, wait a little :)
ThatGuyIsNotMe
You can, but you have to sign a special tradeagreement. Most apps and banks have this agreement ready for you to sign.
doombuggy
Why do this to wealthy hedge funds?
LordNergal
I want to see if we can shortsell the hedge funds themselves. If so... new target list made for Reddit.
HopelessNecr0mantic
They aren't traded securities. So no.
LordNergal
I'm noticing. Which makes me sad. I so wanted to add insult to injury.
BlacknCrimsonRose
This is the thing that gets me. Wall Street, to fuck over retail traders for fucking over the bullshit hedgefund traders might freeze 1/?
BlacknCrimsonRose
stocks. But these hedge funds and pro stock traders have after close buying/selling power. So wtf? The market is already biased against 2/?
BlacknCrimsonRose
all these reddit traders. Why do rich people feel it so prudent to irrefutably show they dont like poor/lower middle class from making $?
Katusa
I was able to buy and sell after hours and I just opened the account last week.
beaubrent
I mean on the other hand, take advice on reddit with a big grain of salt.
Primatebuddy
It's not advice. It's a plea to join in the fun.
JustAnotherVictimOfAmbientMorality
Also, maybe consider that stock trading for revenge might end badly for you.
alvinthatsme
The advices are good, no one is saying gme good buy, everyone is saying buy and stick it to the hedge fund
TheFishFace
Lots of people are saying things that can be interpreted as it's a good buy. Lots are in it for the money
danopotato
Yup this isn’t about the money. It’s admit sending a message
ThailandExpress
alvinthatsme
Cnbc is proly gon get a lawsuit by the rich redditors.
ThailandExpress
https://www.cnbc.com/2021/01/27/hedge-fund-targeted-by-reddit-board-melvin-capital-closed-out-of-gamestop-short-position-tuesday.html
Katusa
No they closed out their puts which limits loses. Their shorts are still in play.
ThailandExpress
https://www.theguardian.com/business/2021/jan/27/gamestop-stock-market-retail-wall-street
DrSparken
Long outdated numbers already. The shares are now at 350 and likely to climb further, which means the shorted shares are worth 25 bn >
DrSparken
before the squeeze starts. 3bn bailout isn't going to cover it.