Stock Market (24 Viewers)

PhRoZeN

Livin with Mediocre
Mar 29, 2006
16,939
Must be hard to hold for GME, i only bought one and mumbling on if i should sell but even if i dont no major loss even if it disappears, but some people throwing their live savings in and seeing it all get swallowed up especially in times like these. RH, 212 and co need to pay for this,
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,291
Good thing two of out of my three calls expire in 2022, so I might as well just hold them. Maybe we'll see a spike in some of these names once the dust settles and the Friday options expire worthless. The call writers I'm sure are breathing a sigh of relief, hopefully before their last breaths soon.
 

.zero

★ ★ ★
Aug 8, 2006
82,936
There is nothing preventing this from happening again so platforms like Robinhood are going to have to make a tough decision about either letting people trade or being complicit in restricting retail investors that are their sole customer base
 

swag

L'autista
Administrator
Sep 23, 2003
84,799
Not only tax the rich but eat them face first.
Fizzledrip style, yo.

Such a populist sign of the times. People be hating anything that gets in the way of direct access now. Whether it be their politicians, their media, their stock markets. Populism has turned humanity into some strange resentful beast that wants to bake its own bread and practically change its own oil because the thought of turning that over to someone else is so revolting. Death to dem elites!

How fucking insane is it that major brokerages are only allowing people to sell these stocks, not buy. That inherently causes downward pressure on the stock as people try to get out. How is this possible in a market? If I was the CEO of NOK and some of these other firms, I would be getting my lawyers on the phone for market manipulation and stock price fraud. Will these brokerages just let the stocks go to zero because nobody can buy? This is beyond criminal.

And of course, RH is down. :lol: What a piece of shit firm.
I'm kind of impressed at how money flow and free speech have made some kind of strange equivalence between Trump being banned from Twitter and the online brokerage blocks of stock buys. There are serious parallels up the yin yang.

Pffft. I was doing sea shanties back in 2019. Bunch of latent TikTok tards.

Robinhood is not complicit in this criminality

Class action headed their way
Payments for order flow has its problematic incentives though. Just I don't think they are factoring here.
 

PhRoZeN

Livin with Mediocre
Mar 29, 2006
16,939
Fuck it still holding, Nok is worth every penny, I'll double on them to reduce my entry price. The others sadly are nowhere near their intrinsic value, maybe it'll rise again when RH and 121 eventually open the floodgates.
 
Jun 6, 2015
11,391
Fuck it still holding, Nok is worth every penny, I'll double on them to reduce my entry price. The others sadly are nowhere near their intrinsic value, maybe it'll rise again when RH and 121 eventually open the floodgates.
Nokia will release its Q4 and the full yearly report next week (4th of February) so keep an eye on that.
 

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