GME now under $90. Anyone want to speculate on where it closes?
I will go with $10 by 3 CT.
GME now under $90. Anyone want to speculate on where it closes?
You think it hits rock bottom todizzle?
69GME now under $90. Anyone want to speculate on where it closes?
Maybe not rock bottom, but it is already crashing.
If losing 50% as of today isn’t hitting rock bottom idk what isYou think it hits rock bottom todizzle?
Better question, is the exchange going to step in and halt trading as the stocks freefall out of control? Are the trading platforms going to limit sell orders to 1 share only but allow unlimited buy orders? Seem to remember some of that going on last week (in the reverse) when the stock was shooting up. Wondering if the same measures will be taken in the freefall.
If losing 50% as of today isn’t hitting rock bottom idk what is
If losing 50% as of today isn’t hitting rock bottom idk what is
Better question, is the exchange going to step in and halt trading as the stocks freefall out of control? Are the trading platforms going to limit sell orders to 1 share only but allow unlimited buy orders? Seem to remember some of that going on last week (in the reverse) when the stock was shooting up. Wondering if the same measures will be taken in the freefall.
"Portnoy has just two rules: 1. Stocks only go up. 2. When in doubt whether to buy or sell, see rule 1. "
I guess this is redditors continuing to "buy the dip"?And GME is trending back up at a slow rate for those foolish enough to buy.
That’s...um... the um...the risk of trading...cough cough...(Checking shoes)Better question, is the exchange going to step in and halt trading as the stocks freefall out of control? Are the trading platforms going to limit sell orders to 1 share only but allow unlimited buy orders? Seem to remember some of that going on last week (in the reverse) when the stock was shooting up. Wondering if the same measures will be taken in the freefall.
Well, GME has rallied back to $130. Need to stomp out the rally.GME stopped on Etrade
It only lasted a few minutes. Weird.
True. AMC is going to be around $1 by days end. $14 down the drain!
These talking heads just don't get it. Cuban just said the quiet part out loud. GME price (like all other stocks) are based off of supply and demand, any non dividend paying stock doesn't need to be tied to fundamentals. This is nothing new.He's on CNBC right now
Are the trading platforms going to limit sell orders to 1 share only but allow unlimited buy orders?
I will buy AMC stock if it hits $1.
These talking heads just don't get it. Cuban just said the quiet part out loud. GME price (like all other stocks) are based off of supply and demand, any non dividend paying stock doesn't need to be tied to fundamentals. This is nothing new.
It would be so easy being a billionaire, wouldn’t it?I like Mark, not that he gives a shit.
The world needs ditch diggers, too.
I remember a day labor gig burying telco in a new subdivision (just streets and curbs at that point).
I got a shovel off the truck and started filling the dirt over the conduit we'd just dropped in the trench. Regular stopped me and said, 'what the hell are you doing? That's what that thing (points to back hoe) is for.'
The shovel was more for leaning on.
One of many important lessons I took from the experience.
Well, GME has rallied back to $130. Need to stomp out the rally.
99.9% of the people involved in this nonsense don’t understand the very basics of the market or even capitalism, 80% are going to lose the majority of their investment and 100% of them are going to be whiny victims about it.
You guys and your dumb conspiracy theories. It’s like everyone went full QAnon idiot about the market.
There is no boogeyman out there being unfair to the “little guy”, despite what the victimization pimps want you to believe.
Brah, do you not even sense the sarcasm?You guys and your dumb conspiracy theories. It’s like everyone went full QAnon idiot about the market.
There is no boogeyman out there being unfair to the “little guy”, despite what the victimization pimps want you to believe.
Limits a couple of days ago were because of capital requirements.
Brah, do you not even sense the sarcasm?
Brokers have to limit the trading in stocks with high volume and volatility due to liquidity issues. I get that. They don't just shut things down for no reason, and the reasons they do are outlined in the broker agreement.
Maybe the bigger issue that needs to be focused on in the future is fair access to markets for the smaller investor because right now they don't have the same market access as the institutional traders. Given modern technology and real time capabilities, why is that? The best analogy I can think of is the commercial investors are trying to compete with the institutions and hedge funds by driving a Dodge Charger while the big guys are driving F1 cars. The little guys are trying to get their trades executed through RH while the big guys are lapping them.
When’s the bailout?99.9% of the people involved in this nonsense don’t understand the very basics of the market or even capitalism, 80% are going to lose the majority of their investment and 100% of them are going to be whiny victims about it.
*StimulusWhen’s the bailout?