OT: Investing/Stocks/Bonds/Mutual Funds/Crypto

emunney · Post #181 » by **emunney** » Thu Jan 28, 2021 5:23 pm

emunney · Post #182 » by **emunney** » Thu Jan 28, 2021 5:25 pm

Somehow people in this country have gotten the idea that if you are rich and powerful, there will never be any accountability for you!

WeekapaugGroove · Post #183 » by **WeekapaugGroove** » Thu Jan 28, 2021 5:26 pm

Man robinhood must really be beholden to their hedge overlord's because this is basically going to ruin them as a legit company going forward. A huge chunk of people will never use them again but they had to know that before making the decision to halt buying.

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Siefer · Post #184 » by **Siefer** » Thu Jan 28, 2021 5:30 pm

WeekapaugGroove wrote:Man robinhood must really be beholden to their hedge overlord's because this is basically going to ruin them as a legit company going forward. A huge chunk of people will never use them again but they had to know that before making the decision to halt buying.

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From what I've read, Citadel does the plurality of RH's actual trades (~40%). Wall Street is taking its ball and going home.

MartyConlonOnTheRun · Post #185 » by **MartyConlonOnTheRun** » Thu Jan 28, 2021 5:40 pm

WeekapaugGroove wrote:Man robinhood must really be beholden to their hedge overlord's because this is basically going to ruin them as a legit company going forward. A huge chunk of people will never use them again but they had to know that before making the decision to halt buying.

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Have they said anything as to why? I got to think it has more to do with either liability or they over extended credit to users and they had to much exposure if it crashed.

Or it really is a powerplay by the institution? :dontknow:

Post #186 » by **MickeyDavis** » Thu Jan 28, 2021 5:41 pm

I'm not an active trader, retirement or non retirement cash, but I'm pulling my cash out of Robinhood. I was one of the first on the platform. It doesn't mean anything but makes me feel better.

M-C-G · Post #187 » by **M-C-G** » Thu Jan 28, 2021 5:45 pm

Read on Twitter

WeekapaugGroove · Post #188 » by **WeekapaugGroove** » Thu Jan 28, 2021 5:48 pm

MartyConlonOnTheRun wrote:
WeekapaugGroove wrote:Man robinhood must really be beholden to their hedge overlord's because this is basically going to ruin them as a legit company going forward. A huge chunk of people will never use them again but they had to know that before making the decision to halt buying.

Sent from my SM-G986U using RealGM mobile app

Have they said anything as to why? I got to think it has more to do with either liability or they over extended credit to users and they had to much exposure if it crashed.

Or it really is a powerplay by the institution?

That could be. Will be interesting to find out the actual why. I guess I shouldn't make assumptions but if they didn't expect halting those stocks to severly and probably permanently damage their reputation then they are complete morons.

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machu46 · Post #189 » by **machu46** » Thu Jan 28, 2021 5:53 pm

Fairly certain I'll end up losing money on these stocks by the time the dust settles, but it's nothing I can't afford to lose. I feel really bad for the people that don't know what they're doing and likely jumped right in with the riskiest types of investments. People are gonna emerge from this with inescapable mountains of debt if they aren't careful.

Post #190 » by **ReasonablySober** » Thu Jan 28, 2021 5:57 pm

Read on Twitter

M-C-G · Post #191 » by **M-C-G** » Thu Jan 28, 2021 5:57 pm

machu46 wrote:Fairly certain I'll end up losing money on these stocks by the time the dust settles, but it's nothing I can't afford to lose. I feel really bad for the people that don't know what they're doing and likely jumped right in with the riskiest types of investments. People are gonna emerge from this with inescapable mountains of debt if they aren't careful.

I am sure some will, but the majority of the WSB comments, a WHOLE lot of people are ready to lose their investment, if it can draw blood. I think this has moved beyond an investment for at least 1.5M people, I mean you have Republicans and Democrats working together to call out the market manipulation. In addition you probably have 50-75M more Americans that now know that there is a thing called 'shorting' stocks and how unethical these funds can behave.

Matches Malone · Post #192 » by **Matches Malone** » Thu Jan 28, 2021 6:03 pm

ReasonablySober wrote:

Read on Twitter

Inject this into my veins!

otmshank1 · Post #193 » by **otmshank1** » Thu Jan 28, 2021 6:05 pm

This is going to have long terms effects on the stock market, get ready for some regulatory changes - hopefully its not just against the retail investor but also the hedge funds

emunney · Post #194 » by **emunney** » Thu Jan 28, 2021 6:09 pm

Wish William Gaddis was alive to see this ****.

Matches Malone · Post #195 » by **Matches Malone** » Thu Jan 28, 2021 6:10 pm

otmshank1 wrote:This is going to have long terms effects on the stock market, get ready for some regulatory changes - hopefully its not just against the retail investor but also the hedge funds

The cynical person in me says they'll protect their rich hedge fund buddies over retail investors 10/10 times.

Kerb Hohl · Post #196 » by **Kerb Hohl** » Thu Jan 28, 2021 6:11 pm

Kerb Hohl wrote:
Kerb Hohl wrote:I probably won't get in on this, but at a certain point might there be value in shorting some of these down the road? The big boys will probably eventually win on all of them but GME.

Obviously I'm joining forces with the big boys at that point but that may eventually be the direction.

OK just kidding I'm in.

Well, that would've been awesome!

FrieAaron · Post #197 » by **FrieAaron** » Thu Jan 28, 2021 6:16 pm

M-C-G wrote:
machu46 wrote:Fairly certain I'll end up losing money on these stocks by the time the dust settles, but it's nothing I can't afford to lose. I feel really bad for the people that don't know what they're doing and likely jumped right in with the riskiest types of investments. People are gonna emerge from this with inescapable mountains of debt if they aren't careful.

I am sure some will, but the majority of the WSB comments, a WHOLE lot of people are ready to lose their investment, if it can draw blood. I think this has moved beyond an investment for at least 1.5M people, I mean you have Republicans and Democrats working together to call out the market manipulation. In addition you probably have 50-75M more Americans that now know that there is a thing called 'shorting' stocks and how unethical these funds can behave.

Yeah, not buying at all that this is to "protect investors." Like you said, everything I've read and everyone I know personally did this to screw over Melvin Capital. Of course they're also hoping to make some, or in some cases a lot, of money along the way but it seems everyone buying into this, especially right now, is prepared to lose it.

WeekapaugGroove · Post #198 » by **WeekapaugGroove** » Thu Jan 28, 2021 6:18 pm

ReasonablySober wrote:

Read on Twitter

Wow what an ****.

Edit add: if theres a way to squeeze this clown post it up. I'll create an account and throw some cash at that.
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FrieAaron · Post #199 » by **FrieAaron** » Thu Jan 28, 2021 6:19 pm

That clip is exactly why so many people are so happy to buy into it.

chonestown · Post #200 » by **chonestown** » Thu Jan 28, 2021 6:20 pm

Matches Malone wrote:
otmshank1 wrote:This is going to have long terms effects on the stock market, get ready for some regulatory changes - hopefully its not just against the retail investor but also the hedge funds

The cynical person in me says they'll protect their rich hedge fund buddies over retail investors 10/10 times.

That's merely applying historical lessons today.

Enron has never strayed far from my mind.