Man, sorry to hear that. Glad you're at a new spot. I think we messaged or at least you posted about having some way back in March for wtrh and then this thread really took off so it's been a little bit of a blur. I hope you made a nice return on the stock though.
wsbros, impt qn, if there's a RH exodus, who is the heir apparent? How's JPM's trading app? After all the liquidity issues with RH, JPM would make sense? But i know nuts about the preferences of american millennials lol.
All good. I was super confused when I read it, and then I went back and realize my 5am post could have easily been misread LOL. on another note, got in on STPK after the recommendation on here and reading some very bullish research on it, and I see RH limited purchases of this **** too. Eventually once these hedge funds get their head out of their asses things will go back to “normal” but geezus I’m so angry.... I’m just gonna hold all my shares that are limited/blocked. Most of them held up okay since the illegal brokerage firm activity so I see that as a good sign of upcoming potential.
At the risk of sounding foolish, I assume you are talking about Chase? I opened one the day the RH **** went down. It’s not nearly as user friendly, but there are some benefits, especially if you already bank with Chase. For one, money transfers are pretty seem less, as you might expect, and it’s nice to have everything in one app. It still needs some work, but I’m hoping over time it will improve. As far as liquidating RH... I will eventually, but it doesn’t make sense to completely pull out yet in some of the positions I’m in. Over time I will transition though.
The app I hear mentioned the most alongside RH is Webull so I imagine they are similar. Thinkorswim seems to be among the best. But I cant say for sure either/or is immune to the same share limits RH has been implementing. Winklevoss bros are making a RH competitor I believe. People like RH because it's "gamified" and easy to use... maybe Gamestop should build a trading app. Lulz.
Friendly reminder. WSB does not SPECIALIZE in squeezes. Yes there is a list of highly shorted companies. Those companies are not on GME's stratosphere. The math on GME still points to a rising stock price, assuming the rules don't change (which I wouldn't assume). You also live in a fantasy fairytale wonderland if you legitimately think WSB can manipulate any stock they want into a successful pump and dump. They cant.
I’m on a discord that purposely drove Doggecoin from 1 cent to 8 cents in a targeted pump and dump Thursday night. I made several thousand in a matter of hours. it was only 250k people. WBS reddit has turned in to 7 million followers(was 2.5 on Wednesday) There is a new age of stocks. I think people are going to start cleaning house soon.
It's a dismantling of the old system. No longer can banks drastically spread their hedges w/out being called. Which means the retailers can now more easily lock up banks capital and hold it hostage.
BlackBerry execs sold shares as Reddit-driven rally started https://www.reuters.com/article/amp/idUSKBN29Y1S8 What are yall's thoughts on this? Typical it means sell my BB position but in these times, I have no f'ing idea.
execs selling shares is the norm. i've already took profit on my bb position (i was only day trading); but i wouldn't base my decision on execs selling.
IPOE is the only one i could think of. Which I am putting money into Monday. I think it could pay off nicely in the coming years. I rarely put money into something that has risen 30% the prior week but this situation is different.
Another SPAC that launched this week that I missed and will try to get into next week is $SSAAU. Science Inc. has a solid track record as an incubator (Dollar Shave Club, Fame Bit, Dog Vacay) so they know what they're doing, and they're targeting consumer tech.
Was thinking the same thing, but I heard they don't offer options trading and on play store where I am, app only has 2.9 rating? Anyone use cash app for trading? Many things to buy, but looking out for a rh exodus sell off, that could be a good buying opportunity before next round of stim comes.
