GameStop market drama
- Thread starter butANumba
- Start date
GameStop shares plunge after ban by Robinhood app
Meteoric rise fizzles out after small investors are barred from trading in groups that had soared in value
A good run. Sad.
GameStop shares plunge after ban by Robinhood app
Meteoric rise fizzles out after small investors are barred from trading in groups that had soared in valuewww.theguardian.com
A good run. Sad.
Robinhood should lose alot of its users for this, someone is going to make an app just in time to scoop up all the users.
Trading 212, mainly UK based, also banned it. TD too. It is a ripple effect felt across the world.
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Good you sold because robinhood and others locked out trading for AMC, BB, SNDLThe premarket high was $509, it dumped to $257, now on the open recovering to $320.
I sold BB at the peak, just before it was locked offwe going to the moon
I no longer have confidence that it will go to the moons, already having SEC and FCA looking into this
I sold BB at the peak, just before it was locked off
I no longer have confidence that it will go to the moons, already having SEC and FCA looking into this
I’ve lost 20% of my BB/NOK/AMC portfolio since 4 hours ago
Is there any point in selling now lol?I sold BB at the peak, just before it was locked off
I no longer have confidence that it will go to the moons, already having SEC and FCA looking into this
If you are scared and don’t want to risk losing your principal
@ozzyoz
Look at these stats:
GME - Gamestop Corporation Stock Price and Quote
GME - Gamestop Corporation - Stock screener for investors and traders, financial visualizations.finviz.com
vs
AMC - AMC Entertainment Holdings Inc Stock Price and Quote
AMC - AMC Entertainment Holdings Inc - Stock screener for investors and traders, financial visualizations.BBBY - Bed Bath & Beyond Inc. Stock Price and Quote
BBBY - Bed Bath & Beyond Inc. - Stock screener for investors and traders, financial visualizations.
vs
BB - BlackBerry Ltd Stock Price and Quote
BB - BlackBerry Ltd - Stock screener for investors and traders, financial visualizations.NOK - Nokia Corp ADR Stock Price and Quote
NOK - Nokia Corp ADR - Stock screener for investors and traders, financial visualizations.
GameStop has the most insane shorting statistics. AMC and BBBY less so. As for BB and NOK, they aren't even that shorted.
Robinhood is getting class action lawsuit. Robinhood is part owned by hedgefunds that is why they're blocking trading of AMC, SNDL, NOK, BB and GME they don't want the hedgefunds to bleed money.
Apollo
VIP
I’ve lost 20% of my BB/NOK/AMC portfolio since 4 hours ago
Getting into investment hype when mainstream media is talking about an asset is always near the end/top.
My only participation in this WSB hype was buying AMC for 14 and then quickly selling for 16
Mainly watched on the sidelines.
I am a coward. Don't dare to hold these meme stonks.
I didn’t have that much money in it walaal. I was in it for the entertainment.Getting into investment hype when mainstream media is talking about an asset is always near the end/top.
My only participation in this WSB hype was buying AMC for 14 and then quickly selling for 16,Only watched on the sidelines.
I am a coward. Don't dare to hold these meme stonks.
The vast majority of my regular portfolio is steady long stocks.day trading is fun though
I ain't in it for the memes, the principle is too risky for it to repelicate the same way as GME did, and with SEC and other crackdown going on, I don't think it will go back to its peak levels. I brought 200 @ 17, do you truly expect for BB to go up when it is getting locked off left right and center. If I sold now, it would have been a lost.
In the long term yes, but in the short term, take the profit whilst you can. Sold it at 24, making a lacksture profit of $1600.
Holding it at first was a good idea, now it ain't
https://www.ft.com/content/54818d6c-dde2-4ef4-be57-260e5f42f992
Are you holding or are you going to sell it?
