He obviously hasn't been following this thread or the market haha. We're not talking about pump and dumps either. Penny stocks blowing up left right and centre overnight and still getting bigger with INSTITUTIONAL funding. NNDM, PACB etc.
What's interesting to me is that trading is the #1 story right now (I guess). A stim is coming? Record numbers of retail traders might show up to send this market to the moon in 2022? Who knows. Unprecedented times.
In case anyone was wondering, you are covered up to $500K in securities or up to $250K in cash by the US govt if your brokerage firm blows up. https://www.nerdwallet.com/blog/investing/sipc-insurance-what-it-does-and-does-not-protect/
This may not be the best time to have a large portion of your money in M1Finance where you only have two windows to trade every day. Kinda scary
this crybaby can go F**k himself ANGRY HEDGE FUND BILLIONAIRE LEON COOPERMAN IS MAD AT GAMESTOP REDDITORS FOR “ATTACKING WEALTHY PEOPLE”
Share with u guys a joke and y I trade in usa market. Singapore market is so conservative, regulator steps in when a share goes up 12% lolol. https://www.businesstimes.com.sg/companies-markets/hot-stock-sgx-queries-ifast-after-shares-rise-12 THE Singapore Exchange (SGX) on Friday morning queried mainboard-listed wealth management and brokerage platform iFast Corporation about its "unusual price movements" after iFast shares rose more than 12 per cent.
The pent up desire to travel will result in rental car company sales skyrocketing. So we’re gonna bring it back to 2020 and buy Hertz. You’re welcome.
im keeping my eye on riot/mara pretty unrelated to everything else going on and i expect bitcoin to tick back up
This has some quirks to it. For example, if you have a Roth IRA and a traditional IRA at a brokerage, each should have $500k SIPC protection. If you have 2 Roth IRAs at the same brokerage, you only have a total of $500k SIPC protection.
I may be able to deal with 6% returns or something easier than the crap going on in the US nowadays. lol.
Btc - mara/riot moving in PM I'm also watching SLV. And then the list of meme/shorts. I am interested to see how many shares RH will actually allow to be purchased being that GME is currently climbing. I'm expecting RH to pull some similar bs as they did yesterday, hopefully retail traders hold, but it's such a tough call with the trash RH and other brokerages were doing. RH even managed to screw up the DOGE movement by limiting trades randomly on/off and even stopping instant deposits for crypto, so I'm expecting a huge **** show around RH pm/open so be careful.