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OT: Crypto, Stocks, Bonds, Real Estate, Investments, IRAs & Finances, etc.

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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#261 » by Capn'O » Thu Jan 28, 2021 6:52 am

NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else


Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#262 » by Rasho Brezec » Thu Jan 28, 2021 7:10 am

NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else

You're rich now?
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#264 » by BadNewsBarnes » Thu Jan 28, 2021 1:02 pm

Here's a brief explanation of what happened...for the uninitiated...

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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#265 » by BadNewsBarnes » Thu Jan 28, 2021 1:24 pm

On r/WallStreetBets, a post:

Boomer on CNBC: "It's easy to get a 1000% gain when you all collude in a chat room and all jump on the same trade".

<snip>

Well folks that's what the hedge funds and trading firms have been doing all these years.

It's just like tag team pro wrestling...if the heels go two-on-one against the opponent it's teamwork...if the heros do it, it's double teaming.

Moving forward, Wall Street is not going to be the same again...if they have to, they will ban retail trading...THEIR livelihoods are now in the balance.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#266 » by CharlesOakley » Thu Jan 28, 2021 1:45 pm

Wall Street needs retail traders to hold the bag. They aren't going anywhere.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#267 » by Im Coming Home » Thu Jan 28, 2021 3:44 pm

Welp. RH officially aiding in market manipulation by now blocking the purchase of, and only allowing the selling of GME, AMC, NOK, BB and others.

Literally illegal.

Gotta keep holding. They're gonna scare off the weaker retail investors unfortunately with this I think.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#268 » by robillionaire » Thu Jan 28, 2021 4:24 pm

hope yall got out while you could
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#269 » by NoLayupRule » Thu Jan 28, 2021 4:59 pm

Rasho Brezec wrote:
NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else

You're rich now?

Nope
Not that much stock

Just a random 100 shares
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#270 » by NoLayupRule » Thu Jan 28, 2021 5:01 pm

Capn'O wrote:
NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else


Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#271 » by bringbackhoffa » Thu Jan 28, 2021 5:06 pm

robillionaire wrote:hope yall got out while you could


HOLDING tomorrow apparently is doomday for the shorts, follow the 2008 VW squeeze chart
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#272 » by robillionaire » Thu Jan 28, 2021 5:08 pm

NoLayupRule wrote:
Capn'O wrote:
NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else


Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot


no, you're pretty smart, congrats
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#273 » by mpharris36 » Thu Jan 28, 2021 5:11 pm

NoLayupRule wrote:
Capn'O wrote:
NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else


Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot


no take the money and run.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#274 » by Capn'O » Thu Jan 28, 2021 5:15 pm

NoLayupRule wrote:
Capn'O wrote:
NoLayupRule wrote:i randomly own a ton of gamestop
have for years

im very confised
i dont know anything about the market
i think i picked up shares when it split off something else


Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot


I didn't want to give you advice per se but that is what I would have done. Nobody knows what the Hell is going to happen and that includes people that are or think they are very advanced in playing the markets.

What a wonderful found treasure :-D
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#275 » by Capn'O » Thu Jan 28, 2021 5:18 pm

Im Coming Home wrote:Welp. RH officially aiding in market manipulation by now blocking the purchase of, and only allowing the selling of GME, AMC, NOK, BB and others.

Literally illegal.

Gotta keep holding. They're gonna scare off the weaker retail investors unfortunately with this I think.


It's really **** up. How about investigating why there was 140% short interest in GME to begin with. This upsets me so much.
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#276 » by mpharris36 » Thu Jan 28, 2021 5:26 pm

Capn'O wrote:
NoLayupRule wrote:
Capn'O wrote:
Congrats! You deserve it man!

The short of it is that pumpers are in a war over this stock with a shorting hedge fund and it is very explosive and very volatile. There are no company based reasons why this is happening. It's a pure battleground for play money.
thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot


I didn't want to give you advice per se but that is what I would have done. Nobody knows what the Hell is going to happen and that includes people that are or think they are very advanced in playing the markets.

What a wonderful found treasure :-D


100% you can play the what if game...but this is a company that isn't trending up because of earnings or announcement...its being inflated by the market. So you can play ebbs and flows but at the end of the day if people sell it for there own purposes the stock will tank.

Basically just have to look at it like this.

Someone just knocked on NLR door and handed him a check for 40k....he could take that right now. Or he could have nothing and hope that person comes back tomorrow and it maybe be 60k....or it maybe 5k....

Take the 40k gift IMO and have no regrets
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#277 » by Capn'O » Thu Jan 28, 2021 5:28 pm

mpharris36 wrote:
Capn'O wrote:
NoLayupRule wrote:thanks man

I should clarify it’s just 100 shares

Which is a lot for me
I’m not in the market

I dumped it all this am

It seems too good to be true
It can’t last

I might be an idiot


I didn't want to give you advice per se but that is what I would have done. Nobody knows what the Hell is going to happen and that includes people that are or think they are very advanced in playing the markets.

What a wonderful found treasure :-D


100% you can play the what if game...but this is a company that isn't trending up because of earnings or announcement...its being inflated by the market. So you can play ebbs and flows but at the end of the day if people sell it for there own purposes the stock will tank.

Basically just have to look at it like this.

Someone just knocked on NLR door and handed him a check for 40k....he could take that right now. Or he could have nothing and hope that person comes back tomorrow and it maybe be 60k....or it maybe 5k....

Take the 40k gift IMO and have no regrets


But it could be anything, mpharris. It could even be a boat!!!
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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#278 » by mpharris36 » Thu Jan 28, 2021 5:30 pm

Capn'O wrote:
mpharris36 wrote:
Capn'O wrote:
I didn't want to give you advice per se but that is what I would have done. Nobody knows what the Hell is going to happen and that includes people that are or think they are very advanced in playing the markets.

What a wonderful found treasure :-D


100% you can play the what if game...but this is a company that isn't trending up because of earnings or announcement...its being inflated by the market. So you can play ebbs and flows but at the end of the day if people sell it for there own purposes the stock will tank.

Basically just have to look at it like this.

Someone just knocked on NLR door and handed him a check for 40k....he could take that right now. Or he could have nothing and hope that person comes back tomorrow and it maybe be 60k....or it maybe 5k....

Take the 40k gift IMO and have no regrets


But it could be anything, mpharris. It could even be a boat!!!


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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#279 » by Capn'O » Thu Jan 28, 2021 5:49 pm

Read on Twitter


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Re: OT: Investment Thread (Stocks, Crypto, Bonds, IRAs, etc.) & Finances 

Post#280 » by F N 11 » Thu Jan 28, 2021 6:04 pm

Any way they can take away everyone's gain and say it was because of reddit? Is it illegal?
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