ChiefsPlanet - Money Investing megathread extravaganza

In that sense though, whoever actually owns the equity...do they have say in what happens with it? For the duration that the stock is shorted, can the actual owner do anything with it? Or are they forced to hold until the contract is expired? Are their time limits for when a short has to be executed in?

It isn't an options trade so there is no contract so to speak.

eDave

01-28-2021 12:27 PM

Lot's of restrictions happening across all platforms. New accounts are crawling as buyers seek out a new platform. Fraction trades are all but gone. Resulting in only 40M volume for the day. Cashapp is still letting you buy AMC.

The reverse squeeze via questionable methods.

O.city

01-28-2021 12:28 PM

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Step 0: Citadel pays Robinhood for order flow. Citadel gets to see RH's orders a few milliseconds before they're filled. Citadel may choose to front-run some of those trades.<br><br>Step 1: RH's customers and WallStreetBets start manipulating <a href="https://twitter.com/search?q=%24GME&src=ctag&ref_src=twsrc%5Etfw">$GME</a>. This is happening in the open.</p>— Toxic (@toxic) <a href="https://twitter.com/toxic/status/1353890766800621569?ref_src=twsrc%5Etfw">January 26, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

So Robinhood made out like a bandit on this.

MagicHef

01-28-2021 12:29 PM

Quote:

Originally Posted by eDave (Post 15515583)

Lot's of restrictions happening across all platforms. New accounts are crawling as buyers seek out a platform. Fraction trades are all but gone.

Yep, I tried to open a Schwab account and it wouldn't let me, but TDA would.

Fat Elvis

01-28-2021 12:51 PM

I don't think people fully comprehend what actually happened when retail investors weren't allowed to make purchase orders and institutions still had access.

Discuss Thrower

01-28-2021 01:10 PM

I haven't lost or gained because of the last week of market activity but I'm royally pissed seeing the ****ery robinhood is doing right now.

suzzer99

01-28-2021 01:30 PM

Quote:

Originally Posted by FD (Post 15515448)

This is just completely insane. Robinhood is trying to stop its users from buying into an obvious crash and losing everything. Is it overly paternalistic? Yes. But it is definitely in the interests of the retail traders on the app.

But they're also screwing the 50% of their retail investors already holding GME.

suzzer99

01-28-2021 01:31 PM

Quote:

Originally Posted by ReynardMuldrake (Post 15515513)

The people calling it a pump and dump are way off base. This is not a pump and dump. WSB are buying and holding trying to cause a short squeeze. Look at what happened to VW in 2008. The squeeze has not happened yet. If that happens it will be like something out of a movie. Ever see Trading Places?

When one person does it it's a short squeeze. When a crowd does it it's a pump and dump with a side of short squeeze.

suzzer99

01-28-2021 01:39 PM

<blockquote class="twitter-tweet"><p lang="nl" dir="ltr">zomg <a href="https://t.co/AzDOl8HJka">https://t.co/AzDOl8HJka</a> <a href="https://t.co/aL4NnbHthm">pic.twitter.com/aL4NnbHthm</a></p>— southpaw (@nycsouthpaw) <a href="https://twitter.com/nycsouthpaw/status/1354850496532652034?ref_src=twsrc%5Etfw">January 28, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Crazy

Buddy Rich

01-28-2021 01:58 PM

1 Attachment(s)

Quote:

Originally Posted by Fat Elvis (Post 15515639)

I don't think people fully comprehend what actually happened when retail investors weren't allowed to make purchase orders and institutions still had access.

yep

MagicHef

01-28-2021 02:11 PM

Robinhood is now selling people's GME shares against their will.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">They are automatically selling shares. <a href="https://t.co/o9XCdL9ND1">pic.twitter.com/o9XCdL9ND1</a></p>— Sunny (@555Sunny) <a href="https://twitter.com/555Sunny/status/1354854993946406917?ref_src=twsrc%5Etfw">January 28, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Discuss Thrower

01-28-2021 02:13 PM

TD Ameritrade offers a referral bonus of $50.

Send that along to anyone who uses RH.

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