Investing General Discussion

Arden

Trakanon Raider
1,876
1,185
64d 6h 54m
Even without restrictions on buying, retail losses were always going to happen. Everyone knows that at some point GME is going to peak and then absolutely crater and not come back. There was always going to be plenty of retail holding part of the bag.
Yeah, sure... But I think the theory is that the market is supposed to determine those things, not the platforms.
 

Pogi.G

Ahn'Qiraj Raider
692
3,474
10d 7h 27m
Glad I closed my cheap positions out yesterday for my little $120 profit, and I'm not touching the market again until next week. Maybe things will settle a bit by then. That said, this whole thing is fucked. Brokers disabling buys while leaving the door open to sell is of course, going to drive the price down which forces you to sell because if you try to hold through that, your going to get fucked. In the end, the hedges get what they want.

But we knew this.
shocked blunt talk GIF
 

Kiroy

Marine Biologist
<Bronze Donator>
30,949
84,841
207d 22h 30m
and looking like wsb has been nuked

nm its back - i'd put money on that original sub not existing by the end of the day
 
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Furry

<Gold Donor>
10,037
10,039
136d 19h 52m
DEMOCRATIZE FINANCE as we remove your ability to participate in the market.
Statement checks out.

Also put "robinhood lawsuit" into twitter search and you'll see that the nerds are ANGRY.
 

Dandai

Likes beer
5,389
2,567
72d 6h 27m
I set up a Merrill Edge account and it was instantly approved but I can't login lol.
 

Jackie Treehorn

<Gold Donor>
1,981
2,162
48d 9h 6m
Robinhood is so fucked up right now I can't even transfer money out. Even though I have no money in anything, it says "money available to transfer to your bank: $0"
 

Tmac

Adventurer
<Silver Donator>
5,845
9,919
55d 19h 49m
I set up a Merrill Edge account and it was instantly approved but I can't login lol.
I tried to sign up for Fidelity since the Robinhood fuckery and I got a "Sorry something went wrong". Holy fuckin' shit.
 

Kiroy

Marine Biologist
<Bronze Donator>
30,949
84,841
207d 22h 30m
man gme looking good if only I lived in a world where I could drop a few thousand into it
 

LachiusTZ

Date the ban will be lifted: Never
<Silver Donator>
13,180
24,831
Oh lawd

Well, people should be going to prison for this, at a minimum.

But, instead it will be the fault of the plebs, and after mommy and daddy have talked they will figure out the appropriate punishment
 
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TJT

Mr. Poopybutthole
<Silver Donator>
30,655
70,893
Robinhood is so fucked up right now I can't even transfer money out. Even though I have no money in anything, it says "money available to transfer to your bank: $0"
You earned that money by cheating big Wall street out of it. You have to let them get a do over so they get it back.

So its really not your money.
 

Sanrith Descartes

Log Wizard
<Gold Donor>
17,474
46,019
100d 8h 5m
Robinhood is so fucked up right now I can't even transfer money out. Even though I have no money in anything, it says "money available to transfer to your bank: $0"
Doesn't surprise me. They are going to be delaying funds going out. I won't be surprised if Robinhood goes bankrupt and shuts the doors to hold cash and protect itself.
 
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