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Robinhood(and others) block GME, BB, NOK, and AMC

Discussion in 'Stocks & Investments' started by 5nahalf, Jan 28, 2021.

  1. Feb 2, 2021 at 11:40 AM
    #181
    Juice Weasel

    Juice Weasel Well-Known Member

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    Me, chad hedge, wants to borrow your, his gamer "friend", old ass POS worthless beater tacoma

    me: hey can i borrow you worthless 2wd access cab POS for the winter?

    you: sure just get it back by valentines day.

    me: sells truck right away at peak price and plans to buy a cheaper one same make model before returning to you. they are everywhere in springfield USA.

    you: hey its Vday can i get my whip back?

    me: FUCK! (price went up for another bc all gamers bought tacomas to spite fratboy chad)

    mother robinhood: (all you menchildren gamers go to your rooms!)
     
    Last edited: Feb 2, 2021
  2. Feb 2, 2021 at 11:49 AM
    #182
    shr133

    shr133 Well-Known Member

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    they are 2 different fights, against different companies. But, for the same reasons. These guys are crooks and they are manipulating the markets, fixing the prices and picking winners and loosers. Citadel is going to win the short battle over gme in the long run and the new shorts they added will more than cover the current losses.. They are currently shorting a 4 dollar stock at 200 to 400, they are going to make a killing on the way down. you guys may have inadvertently made them more money and the chart is showing tons of money has left already. If silver breaks free it won't go right back down like stocks do...... So after gme come on over...
     
  3. Feb 2, 2021 at 12:05 PM
    #183
    2008taco

    2008taco Well-Known Member

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    chris
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    Most people are saying the exact opposite. If you think silver is going to hold high, I think you're crazy. As you said there isn't enough physical silver. And there are not enough people willing to hold to keep it's value high. It's value will plummet, and fast.
     
  4. Feb 2, 2021 at 12:14 PM
    #184
    nictarine

    nictarine Well-Known Member

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    Why not just buy the stock from a different platform? Was it blocked everywhere?
     
    Juice Weasel and crackils like this.
  5. Feb 2, 2021 at 12:24 PM
    #185
    KissmyTaco

    KissmyTaco Well-Known Member

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    Eric
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    I have a Gashole
    I was able to get it on etrade on opening the day it started to crash. Bought 10 shares at $325. Just trying to do my part. Unfortunately if fell like a rock yesterday. Oh well, will just ride it out....To the moon
     
    nictarine[QUOTED] likes this.
  6. Feb 2, 2021 at 2:58 PM
    #186
    5nahalf

    5nahalf [OP] I build dumb things

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    Erik
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    Reddit found out GME was shorted over 100%, reddit decided to buy all GME and force the squeeze to happen. Hedge funds fight back with ladder attacks. Robinhood and other trading platforms stop people from buying. They make excuses as to why they are blocking, they range from "its for your own good" to "we just dont have the money to make the trades". In the end, everyone believes robinhood and the gang are all protecting the hedge funds as the hedge funds are the payroll for robinhood.
    Due to robinhood giving us different reasons depending on the day, people are out for blood, we want robinhood and the hedge funds to go down. Most people only have a few shares, and only stand to lose 1-2k of their money if this fails. Some though have 100K+ riding on this after getting caught up in the frenzy, they are getting more desperate for this stock to go up, and may double down in hopes that their return will be even bigger if it goes up.
     
    2008taco likes this.
  7. Feb 2, 2021 at 3:00 PM
    #187
    5nahalf

    5nahalf [OP] I build dumb things

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    This is said many times, but when all your money is in one account, it takes time to open a new account and transfer the money into the new account.
     
    nictarine[QUOTED] likes this.
  8. Feb 2, 2021 at 5:05 PM
    #188
    wrightme43

    wrightme43 Well-Known Member

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    The hedges shorted more than available stock to buy. They owe more shares than are available. There is evidence that shares have been sold, but did not actually exist to be sold. This has not been proven, but is likely.
     
  9. Feb 2, 2021 at 5:21 PM
    #189
    shr133

    shr133 Well-Known Member

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    Basically, all the stock market prices are fixed, in this case they over shorted game stop to 1.20+% and should have only been shorting to 25-35. (trying to put them out of business) so the Reddit guys decided to go long on them and make them sell their positions, raising the price from $4 up to $421 costing the hedge funds billions. So to allow the Hedge funds to shift positions sell old shorts and start new ones RobinHood with others halted trading of any gme, amc and others, after shorting it and dropping the price they only allowed apps to sell shares and not buy ending the rush on GME.... I think now you are allowed to buy up to 1 share...

    Now people are turning to silver because they have been fixing the price of silver and don't have enough silver to cover the short positions... same thing but you can't just print silver... Silver will be much tougher because it's a bigger market and they will print endless money to control the price just look at the chart above...
     
    wrightme43 likes this.
  10. Feb 2, 2021 at 10:30 PM
    #190
    vivid02

    vivid02 Buy a Tesla…..I need the gas.

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    Edwin
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    I opened an account with Fidelity over the weekend and just now opening another account with Webull.

    I am no longer buying anything with RH. Just closing out my positions when the timing is good and cashing out.
     
    shr133 and Pablo8 like this.
  11. Feb 2, 2021 at 11:55 PM
    #191
    5nahalf

    5nahalf [OP] I build dumb things

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    Erik
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    Im doing the same, Trying to decide if I just leave my robinhood account the way it is, switch all my investments into high dividend stocks and more or less abandon it for a few years. Or if I should move everything.

    Kinda thinking about starting new with the webull account, try to do a $100 + free stock challenge. You get 4 free stocks with webull (2 for opening and 2 after you put in $100). See how much I can get in 1 years time without adding anymore money to it.
     
    2008taco likes this.
  12. Feb 19, 2021 at 6:47 AM
    #192
    Pablo8

    Pablo8 Here!

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    New reason to be angry with Robinhood. They were late with tax forms (1099s), OK forgivable to some extent - BUT my filing is still held up by them because the forms won't be e-accessible until the 21st!
     
    5nahalf[OP] likes this.

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