I agree, but with RH basically restricting these stocks from being bought (other platforms have lifted restrictions like TD Ameritrade I have read) the volume will suffer due to RH being the the largest retail investors in GME, by far. These crooks know that too, which is why the asshat that lost his ass (who also owns RH) did this. They should seriously put those people in jail because it does not get any more obvious than this right here. I believe if AMC keeps at it's level, there will be a pretty big squeeze tomorrow, that is if they are forced to remove the buy restrictions on these stocks. Who knows what will happen as this day moves on. In any event, Citadel has had tons of time to "cover" today. Just disgusting all around.
the valuation is a bit scary tbh, needs a bit of imagination of how the biz could grow in future years; but i think the biz makes sense and the use cases are compelling. i liked the case studies on their website of how actual clients use their batteries and software to avoid surge pricing for real savings on utility bills.
Its not about altrustic notions. Its about fairness. If you and the wall street elities believe retail investors have no business in the stock market, that is fine. Regulate and lock them out. But they can't invite them in, take advantage and when they they start beating them at their own game, shut them out and force them into shorts. That sad part is there are those on WSB knew this was coming but didnt warn anyone.
Fairness to who? LOL @ the bolded..... that's quite the leap..... I am retail investor..... just a bunch of white knighting like you bitcoin folks... meanwhile the sharks are getting nice and fat.
The wealthy, the hedge funds, the short sellers all need the working class. They need people to collectively keep funding the stock market. Spoiler Otherwise they will technical trade themselves to a stand still. You will sell right because MACD says so! Oh wait, I thought you are going to sell because MACD says so!
https://www.theverge.com/2021/1/28/22254339/discord-r-wallstreetbets-server-help-moderation-ban Discord is now helping the r/WallStreetBets team moderate its new server. The company originally banned the group yesterday due to “hateful and discriminatory content” and revealed it had sent repeated warnings to the team managing the community. Those warnings, for whatever reason, were ignored, but now the r/WallStreetBets team and Discord are working together. Discord staff are actively working with the server’s team to help with moderation. At least one Discord staffer, who is now in the new WallStreetBets server, is also helping with infrastructure problems related to the rapid growth the community is experiencing.
Hahah, I took a jokingly small position of a silly low buy-in and it's moved enough to eat McDonald's or some other trash - almost for 2 people!! On an even funnier note - I still have the RH app and the most hilarious thing (well as good as it gets with their antics).... It alerted me that The AAL call was starting and you could listen in, but at the time couldn't even search for it on the platform, lol. And it's still not supported for trading. Seriously I hope all retail traders leave them, the junk they were doing was always a little shady with regards to trading stock with other party/info but after today's actions - I'm hoping people don't give them a pass.
