Absolutely, the guy has my absolute respect, very few can hold after that loss, especially when you put your life savings on it.
Fucking revolut still reviewing my application to trade lol, I want to buy some AMC shares.
So people can’t buy GME and other stocks but, correct me if I’m wrong, if they hold and refuse to sell the hedge funds will still get screwed right?
Yep exactly.
The hedge funds and their trading platform cronies are hoping that the average retail investor panics being unable to buy and decides to sell instead.
Well put, however this thing ends i hope this guy will somehow profit, maybe a movie/book opposite of the Wolf of wallstret
Haha they can’t think outside of their own buy low sell high logic.
This is buy for the lulz and hold for the lulz.
How much would you be investing, is there still a lot of risk to it or just want to be along for the ride and say you were part of it?
Edit: looked up the cunt that is Ken Griffin, he’s apparently “self made” according to Forbes… even though he got hundreds of thousands of dollars from his family as a teenager to start trading. He clearly knows how to trade and where to make money, but he’s about as self made as Trump
RobinHood will open GME and AMC tomorrow…I already have some AMC.
Gonna load up some more and transfer my holdings to WeBull as a big eff you to RobinHood.
WeBull better act right.
This is the kind of absolute wanker everyone is up against. Needs his head cutting off
Lmaooo lots of ppl saying with their earnings from the stock market they are going to be buying guillotines with a lot of extra blades
To go along with ur math, what incentive would the actual owner of the stocks have to loan the stocks out for the purpose of tanking the stock?
Say my portfolio consists of 10,000 GME stocks which equals $200,000 if valued at $20. Why would I loan my stock only for it to tank and for me to lose $150,000?
I posted it a bit earlier on in my example but they pay you interest/fees on the shares for the time that they’re outstanding to the tune of thousands of dollars.
And you might also think that the hedge fund is wrong and that the share won’t move that direction despite their best efforts, so you’ll happily take their money.
Users on Reddit were posting emails from Charles Schwaab where they were offering to pay $1,400 a month to borrow several thousand shares.
Looks like they’re allowing purchasing of GME again.
Is there a similar video game retailer to GameStop in the UK or continental Europe?
Edit: My NAKD shares are already up 43% after hours.
GameStop shares jump 115% in after hours trading
An update to after hours trading data shows retail investors are not letting GameStop shares flounder, after Robinhood and other online broker platforms eased restrictions on select share trading.
GameStop shares are now up more than 115% at around $417 each.
Unreal stuff
Looking forward to the daily YOLO update more than this weekend’s game, Keep’em UP.
Honestly bro I’m the same. This is like a Netflix series
Same this is the most exciting thing I’ve followed in years!!
I haven’t been this hooked on something for such a long period of time ever.
My work productivity has been near 0 the last 3 days