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Game Stop and the Stock Market
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DRR Sportsman
posted
If you have been following this story,how do you think it ends?
My guess is that a bunch of people are playing with money that they can't afford to lose or don't have,and we will eventually all be paying for this.
Current quote on Gamestop GME is $354.Up $160.
 
Posts: 1167 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post
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quote:
Originally posted by 442OLDS:
If you have been following this story,how do you think it ends?
My guess is that a bunch of people are playing with money that they can't afford to lose or don't have,and we will eventually all be paying for this.
Current quote on Gamestop GME is $354.Up $160.




The Irony of a company named Robinhood protecting the rich from the poor.
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
DRR S/Pro
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Problem is the rules/regulations aren’t the same for all...


Raceless in California!
 
Posts: 4428 | Location: Vacaville  | Registered: January 07, 2004Reply With QuoteReport This Post
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Picture of CURTIS REED
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Redditors are playing with money that they can afford to lose, that was the whole idea and was a huge part of what allowed it to happen.

The hedge fund managers shouldn't have leveraged more than 100% of the stock and ended up over margin.

It also brought to light the manipulation that is happening because of it and I hope the SEC steps in. I have no problem with making money but when the hedge fund owning part of Robinhood made them shut down buying and only allowed selling it was wrong.

This guys isn't happy either. LOL

https://www.mediaite.com/news/...a-what-theyre-doing/



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Posts: 2889 | Location: KIEFER, OK. | Registered: August 17, 2007Reply With QuoteReport This Post
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The real "wolf of wallstreet" chimes in. Pretty good explanation.

 
Posts: 2081 | Location: Gallatin, TN - U.S.A. | Registered: October 12, 2009Reply With QuoteReport This Post
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Poor people (Main Street) organized to mimic the tactics of the power elite (institution - Wall Street). All was going as planned until the institution (power elite - Wall Street) stepped in and pulled the rug on buying.

Heads I win, tails you lose
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
DRR Sportsman
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For some,it did have a happy ending.


https://www.mysanantonio.com/n...ameStop-15905836.php
 
Posts: 1167 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post



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Picture of CURTIS REED
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quote:
Originally posted by 442OLDS:
For some,it did have a happy ending.


https://www.mysanantonio.com/n...ameStop-15905836.php


Nice Big Grin



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Posts: 2889 | Location: KIEFER, OK. | Registered: August 17, 2007Reply With QuoteReport This Post
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Do as I say, not as I do.

Dirty communists
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
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"shiesty grifters"

 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
DRR Sportsman
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I’m in. As Curtis said definitely playing with money I can afford to lose. We’ll see what happens.

These shorts will have to cover their positions and that should drive the price even higher. The question is, what kind of dirty tricks will they pull out next in order to save their as*es? Yesterday and today they halted buying, did big media/social media blitzes trying to drive the cost down, and also the hedge fund were selling the shares back and forth to each other at lower and lower prices to drive the price down so they could cover. But, it didn’t work.

They may get in trouble for what they’ve done, but I’m sure their thought is that it’s better to lose millions in fines then billions to the little guys.

It has already been very interesting and I’m looking forward to seeing what happens now. Currently it’s $321 in after hours trading.

Some info here: http://isthesqueezesquoze.com/
 
Posts: 702 | Location: Upstate NY | Registered: July 02, 2013Reply With QuoteReport This Post
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Great stock to play for day trader.Plus you can by with day trading cpl times a week even w/o day trading account. Now on third in less than 5 days you get shut down. Wonder how I know? $131 a share change today. Lots of folks making a killing and few getting killed.

Afew small guys got together and did exactly what the big boys do every day,except this time the big boys got bytch slapped.




America home of free. Brought to you by 2nd amendment.
 
Posts: 4133 | Location: Greensboro NC | Registered: May 24, 2011Reply With QuoteReport This Post
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2 shiitts not given
 
Posts: 1229 | Location: middle georgia | Registered: July 20, 2003Reply With QuoteReport This Post
DRR Sportsman
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68Camaro u should. This can and will affect the entire financial industry, which u are a part of either directly or indirectly. The 1%ers control your friends and families lives more than u CARE to see.
 
Posts: 497 | Location: N/A | Registered: December 17, 2003Reply With QuoteReport This Post



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Nope . Still no Shiits given .
 
Posts: 1229 | Location: middle georgia | Registered: July 20, 2003Reply With QuoteReport This Post
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I am thinking about buying into it. What do yall think? Say throw 1k and see what happens. I threw 2k into a stock and lost 350. Stopped that one. I want to buy a new enclosed trailer.Will this be the way?
 
Posts: 1922 | Location: in a van down buy the river | Registered: September 07, 2002Reply With QuoteReport This Post
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quote:
Originally posted by Footloose:
I am thinking about buying into it. What do yall think? Say throw 1k and see what happens. I threw 2k into a stock and lost 350. Stopped that one. I want to buy a new enclosed trailer.Will this be the way?


Personally,I would rather make a parlay on the Super Bowl than get involved with this.

There may be some gains as it possibly goes higher,but GME is about a $5 stock at best.It is now like a pyramid scheme.If you can get in and out,you will be fine.The last people holding that can't find anyone to sell higher to will get crushed.
 
Posts: 1167 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post
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If every average Joe turned in their paper I owe you's for silver tomorrow morning. The Babylon system would be destroyed.

We the People would be in the driver seat.

This message has been edited. Last edited by: Mike Rietow,
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
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quote:
Originally posted by Mike Rietow:
If every average Joe turned in their paper I owe you's for silver tomorrow morning. The Babylon system would be destroyed.

We the People would be in the driver seat.

[FLASH_VIDEO]<iframe frameborder="0" height="392" src="https://www.youtube.com/embed/spKIuUIClZY" width="697">[/FLASH_VIDEO]



https://www.theepochtimes.com/...e-world_3678955.html
 
Posts: 1167 | Location: Elgin,IL | Registered: February 08, 2010Reply With QuoteReport This Post
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quote:
Originally posted by 442OLDS:
Originally posted by Mike Rietow:
If every average Joe turned in their paper I owe you's, for silver tomorrow morning. The Babylon system would be destroyed.

We the People would be in the driver seat.




https://www.theepochtimes.com/...e-world_3678955.html


Epic!! This is gonna get good, I think.
 
Posts: 9398 | Location: Madeira Beach Fl. | Registered: June 12, 2018Reply With QuoteReport This Post
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