Gamestop, AMC, BB Stonks

[mentalfloss]

Robinhood suspends buying for GameStop following stonks going 'to the moon'

Reports are coming in this morning that trading app Robinhood has suspended buying for GameStop stock and others after GME's price surged in a Bitcoin-like parabolic rally.

Unless you've been living under a rock, you'll know that average Redditors proved their investing power going up against major Wall Street traders short-selling GameStop stock. Largely fueled by small-time investors pushing back against large hedge funds, the price of the stock has risen more than 1,400% from roughly $20 on Jan. 12 to $358 at time of publication.

Robinhood suspends buying for GameStop following stonks going 'to the moon'

Seemingly undeterred by brokers, Redditors behind the huge surge in the price of GameStop stock have started using crypto terms and phrases to describe their stonking great success.

cointelegraph.com

 

[harrylee]

Guess I've been living under a rock................

 

[Danbones]

The whole covid thing has been a boone to the giant hedge funds who have been short selling business that are in lock down...get it?

And people wonder why there is no science to back up the lock downs...no, because its the science of piracy.

FFS.

 

[Goober]

The whole covid thing has been a boone to the giant hedge funds who have been short selling business that are in lock down...get it?

And people wonder why there is no science to back up the lock downs...no, because its the science of piracy.

FFS.

Nope - man you just can't keep up with things
This is just one report

Reddit users claim victory as $13bn hedge fund capitulates on GameStop

Melvin Capital says it has closed its short position after social media users push struggling games retailers shares to meteoric rise

www.independent.co.uk

Hedge funds and others that bet against GameStop have collectively lost more than $5bn, according to data analytics company S3.

 

[Danbones]

LOL, the shortselling of locked down nonessentials by the hedge funds and others has been going on since day one - it was all planned.

You just caught on now? heh.

Jeez, don't know if you noticed, but I have been informing everyone here since I have been back last year, that the plandemic is a scam.

I self fund my early retirement.

Someone had to short sell the ol hedgies.

 

[Goober]

LOL, the shortselling of locked down nonessentials by the hedge funds and others has been going on since day one - it was all planned.

You just caught on now? heh.

Jeez, don't know if you noticed, but I have been informing everyone here since I have been back last year, that the plandemic is a scam.

I self fund my early retirement.

Someone had to short sell the ol hedgies.

Could ya be smart enough to quote me
@Goober
Now are you on the close side of stupid or the far side of bright?
Tough decision

 

[Danbones]

lol for a liar, all you get is what you got...just like your IQ.

I also pay for my own health care which is why I am not all washed up and draining society like you are.

 

[Goober]

Kerist mans make tons of money, smart as hell he says, he is an Internet God
Still can't quote properly

 

[Danbones]

With you, there is nothing worth quoting.

You don't even Know when you have been totally insulted for your BS. It's HIGHLarious to me.

I can't believe that I actually have to explain it to you. Oh well, more pills please.

 

[B00Mer]

Bought at $37 a share, sold at $365, $100,000 USD in the bank.

Anyone else??

Robinhood is now being sued by 2 parties and what they did was absolutely criminal.

 

[B00Mer]

Guess I've been living under a rock................

Pretty much

Nokia NOK is the next run. Buy now at $4.95 a share run it up to $300.

r/wallstreetbets

 

[Danbones]

Like I said: the hedge funds have been doing this since the lock downs started.

 

[B00Mer]

Like I said: the hedge funds have been doing this since the lock downs started.

They have doing this before the lockdowns... For years.

 

[B00Mer]

Just purchase 2500 shares..

Anyone want in??

 

[B00Mer]

Word of advice don't buy and sell with one of those apps.

Your bank like the Royal Bank and CIBC offer an Investor Line and when you sell you can easily transfer your winnings into your bank account..

Also, never spend money you can't afford to lose. Some people were using their rent money to buy Gamestop and they bought high, and lost when the apps halted trades.

To WallStreet, It's all fun and games until someone takes your money..

 

[Danbones]

They have doing this before the lockdowns... For years.

While sort of true, shorting is just normal in a normal trading day, I was referring SPECIFICALLY to GUARANTEED shorts FROM the lock downs based on the 97% fallible PCR tests. I have posted the truth of such in the pandemic thread lately. The title is in red and hard to miss a page back or so.

 

[Danbones]

Then a billionaire hedge fund manager, once charged with insider trading, went on CNBC to share his concerns.


Leon Cooperman’s reaction to the GameStop saga — which spawned derisive tweets and made it to the top of Cooperman’s Wikipedia page — brought the currents of class warfare to new heights, even as another debate raged online about how people should view the recent stock market roller coaster and the forces behind it.

What you need to know about GameStop’s stock price chaos
Cooperman, the 77-year-old founder of Omega Advisors, spoke scathingly of the “Robinhood market,” a reference to the no-fee stock-trading app and the nonprofessional investors it attracts. He called that market a “loser game” played by people who “don’t have any idea what they’re doing.”

Billionaire blasts ‘Robinhood market’ as Jon Stewart, others herald GameStop stock rebellion

What a pathetic C*nt.
While I know I am just a TINY little guy in that realm, I KNOW my percentages are way better than his.

 

[mentalfloss]

This is how the free market is supposed to work, isn't it?

 

[bob the dog]

Then a billionaire hedge fund manager, once charged with insider trading, went on CNBC to share his concerns.


Leon Cooperman’s reaction to the GameStop saga — which spawned derisive tweets and made it to the top of Cooperman’s Wikipedia page — brought the currents of class warfare to new heights, even as another debate raged online about how people should view the recent stock market roller coaster and the forces behind it.

What you need to know about GameStop’s stock price chaos
Cooperman, the 77-year-old founder of Omega Advisors, spoke scathingly of the “Robinhood market,” a reference to the no-fee stock-trading app and the nonprofessional investors it attracts. He called that market a “loser game” played by people who “don’t have any idea what they’re doing.”

Billionaire blasts ‘Robinhood market’ as Jon Stewart, others herald GameStop stock rebellion

What a pathetic C*nt.
While I know I am just a TINY little guy in that realm, I KNOW my percentages are way better than his.

Was he the guy who predicted it will end in tears? Takes deep pockets to take on the man. And then to have the regulators jump in at the very start with downgrades and all the BS. It was no skin off their nose to short BB down from the highs and let it sit under $10 for years. Now it hits $18 and RBC is downgrading.

Sounds like we have to learn about decentralized digital currencies.

 

[mentalfloss]

The stonks are dropping because they stopped trading.