Investments, stocks, shares

[martyn]

Robinhood, basically the biggest platform for retail investors in the USA has stopped allowing buys of Gamestop, AMC, and the other "meme" stocks and are only allowing sells.

 

Robinhood get paid by Citadel hedge fund for their order book. Citadel coincidentally are also the hedge fund who bailed out Melvin Capital (the hedge fund with a massive short interest in Gamestop) the other day.

 

Absolutely stinks.

Edited 28 January 2021 by martyn

[Beechey]

 

Hmmm. I'd buy more out of pure spite if I could.

Edited 28 January 2021 by Beechey

[bmt]

2 hours ago, Carl the Llama said:

It will be a shame to see the lovely folk at Melvin Capital go bankrupt.  Still, Gamestop will probably be hiring after all this.

 

Not lol, these apps are what gives the retail investors their power.  Artificially reducing access to the market is market manipulation.

Lol wasn't me actually laughing. It's clear what they're doing.

 

Cant take the loss, still manipulating the market to save them. 

 

Wish I had the liquidity to go in on GME when I heard about it but unfortunately not! Still fun to watch from the sidelines.

 

IG  the same now

 

[RobHawk]

Well, if they wanted to really stoke the fires and piss people off, they may have just succeeded 

[EnderbyFox]

 That is criminal surely? How is that not market manipulation? You can sell but cannot buy?

 

And with a name like Robinhood as well, blimey. 

[RobHawk]

You can still buy on etoro 

[Carl the Llama]

The market for GME keeps halting.  The apps are blocking purchases.  Forced dips in pre-market to scare all the retail investors who can't buy into selling.  The big boys are trying every shady tactic in the book.  But they're still going to have to cover their shorts eventually.  This is the way.

[Carl the Llama]

Haha markets open back up.  Straight to the moon again baby.

[RobHawk]

It's incredible to see and be a part of, can't wait to see how it pans out, there will be a film about this one day 

[RobHawk]

What are people's.thoughts on BB and nok? Both taken a hit early doors

[Magictv]

23 minutes ago, Beechey said:

 

Hmmm. I'd buy more out of pure spite if I could.

If it's any consolation they just destroyed their app's rating on the app store

 

[Sharpe's Fox]

Never been on this thread before but as someone from the outside looking in this is great. Anyone on here who is contributing to this movement keep it up and HOLD.

[RobHawk]

12 minutes ago, Magictv said:

If it's any consolation they just destroyed their app's rating on the app store

 

That's incredible 🤣🤣

[Strokes]

This has caused major ripples all over the market

Fortunately I don’t have as much invested as normal. Does anyone know if the Reddit crowd will stop or are they likely to do it to other companies? If so which ones, asking for a friend....

Edited 28 January 2021 by Strokes

[EnderbyFox]

 

[Christoph]

The bad guys are throwing the kitchen sink and their baby at this   Absolutely madness the level of market manipulation going on. I kinda wish people would riot about shit like this rather than rioting about other crap. 

[Zear0]

1 minute ago, Christoph said:

The bad guys are throwing the kitchen sink and their baby at this   Absolutely madness the level of market manipulation going on. I kinda wish people would riot about shit like this rather than rioting about other crap. 

This is why I dropped out during the "steady" period.  I don't have the marbles to play chicken with this!

[lebleu]

36 minutes ago, Strokes said:

This has caused major ripples all over the market

Fortunately I don’t have as much invested as normal. Does anyone know if the Reddit crowd will stop or are they likely to do it to other companies? If so which ones, asking for a friend....

https://www.reddit.com/r/wallstreetbets/comments/l68ill/the_biggest_short_squeeze_in_the_world_slv_silver/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Not financial advice for your friend. Haha.

[Haydos]

It's all gone to shit lads! Keep holding! 

[Fightforever]

Well even if the GME stock does go back to normal we basically just exposed the huge market manipulation so its still a win for us peasants.

[Christoph]

Has anyone had a heart attack watching this stock today. **** me the manipulation is CRAZY. The behind the scenes shit going on. It's rising back up now people are trying to fight back 

[Fightforever]

SIlver is spiking right now so is dogecoin. Loving the chaos and made myself a decent amount off the GME hysteria nothing huge just punted £30 on it when shit was getting real made a decent return. Cheers to Reddit!

[Fightforever]

Just now, Christoph said:

Has anyone had a heart attack watching this stock today. **** me the manipulation is CRAZY. The behind the scenes shit going on. It's rising back up now people are trying to fight back 

Exposed the elites and you know for a fact nothing will be done about it.

[Carl the Llama]

I've bought a bit more of GME while it's on sale  

[Fightforever]

If this run on gold and silver actually works it would screw the banks big time. Mind you that's probably why it won't.