Today's Market 1/24-30

SEC people work in SEC so they can get jobs at big money funds after a few years in SEC. You want the thieves catching the thieves?

5 Likes
3 Likes

Wall Street strikes back.

1 Like

Game over so fast? I was hoping a few hedge funds would blow up so I can pick up good fundamentals at fire prices. F… the collusion. Biden admin should issue an EO on this issue.

:angry: they just chased out ton of inexperienced retail traders out of existence to protect their self interest. feel sorry for them but this was almost inevitable one way or the another.

1 Like

Basic golden rule. He who has the gold makes the rules

3 Likes

I try to search GME in RH, it is not listed. Schwab It is hard to trade as it comes out with error.

I just shorted TSLA shares yesterday $888 and tried to buy them, finally bought it, after few tries, and closed the short at $826.

1 Like

I feel like this is going to come back to bite them. It reeks of market manipulation. The unwashed masses from WSB are going to come back and strike hard. Bought some AMC ay $7 just for fun. :popcorn:

1 Like

Oh, I don’t know what to say to this. AOC and Ted Cruz agreeing to an issue?

4 Likes

Finally AOC is talking sense. Investigate these hedge funds and ban the managers, if necessary, jail them.

Rise of the ordinary!

2 Likes

Yes, if RH blocks, the users will switch off. RH is a hassle.

I was using RH, Ally, IBKR…etc, closing all positions (and may close account too) and trying to use only few like Schwab and fidelity.

Class Action lawsuit will do…

1 Like

I hope all the RHers go bankrupt. Time to a learn a lesson. Better early in life than later in life like what happened to boomers in 2008. Good to learn humility and prudence. They think stocks are all about gambling. Tesla Bitcoin AMC and GME are all based on bullshit. Sooner or later money talks and Bullshit walks. As far as hedge funds. Everyone has always known they are 2/20 thieves. Fuck them too

1 Like

They are right. You can’t block some people from trading while allowing others.

1 Like

Whoever bought through Robinhood, they must have capability to sell. Blocking results loss and Robinhood must provide huge compensation !..

Elizabeth wants here wealth tax. That will make her the biggest wolf on Wall Street ever.

They are allowing people to sell. They blocked people from buying. That’ll tank the price by removing a bunch of buyers from the market.

This could be part of what’s fueling this. The top 20% have been hoarding cash during the pandemic. They are going to do something with it and interest rates a garbage.

3 Likes

To be honest, I think movie theaters will see a comeback when the SIP goes away. People may start to appreciate being able to go out more.

But yeah, no idea why that stock went up now

1 Like

Came back to earth. Driven by pump and dump scammers. Reminds me of Kodak a while back

2 Likes

I don’t think it’s hoarding so much as less to spend it on. Amazon stock went up significantly-that’s increased income. We’re refinancing–also increased income. We haven’t been travelling, and although we want to do some renovation there’s no way we can do that with everyone home. Husband can’t have someone demolishing the kitchen while he’s in a meeting.

We’ve upped our restaurant spending to about $1K a month which is insane to me, but we’re doing what we can to keep them alive. A lot of people are scared to order out.