/biz/ - Business & Finance

Tell me retail trader, do you feel in charge?

Guessing melvin has been given indefinite amount time to cover their shares and is just buying a bit every day making the price have spikes. They're essentially spreading the squeeze out over days/weeks to jew their way out.

THERE'S A SMILE ON MY FACE
IT'S JUST ANOTHER DAY

10 @ 64 reporting in

>>27824798
i can wait

move here for now frens
>>27824690
move here for now frens
>>27824690
move here for now frens
>>27824690

the volume is low and this is evidence of a short ladder attack

>>27824695
At what price will Robinhood gate the stock again?

should i hold until tuesday? i mean, at this point what left is there to lose?

>should have taken my 1500 profit and gotten the fuck out
>was greedy
>was stupid

LINE GO UP

>>27825149
$1488

>>27824969

>>27824695
Gonna hang over here

.

IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN
IF HE'S STILL IN, I'M STILL IN

Unless there is any real pressure for them to buy I don't see the squeeze happening.
Right now the price is freaking low so their interest is not even that bad.
Also, they shorted again at 400 or 300, so they are getting their profit back.

>not a word from shills and kikes during the first 20 minute pump
>market frezzes
>price goes down
>as soon ast it does
>STOP BEING DUMB, ITS THE DEAD CAT BOUNCE, ITS GOING DOWN!!!!

im starting to realise (((their))) tricks

GME bros we're gonna make it

PUMP IT!

How did people not see this coming?
The dawn is always darkest before the dusk, bros.

>>27825245
>at this point what left is there to lose?
Money

IM SORRY SHILLS IT'S HABBENING

LAUGH AT THE HEDGIE SHILLS

>>27827377
It is interesting how different these threads are depending on the market

>>27827377
Dubs confirm truth

Just sold all my doge and bought. YOLO

>>27824798
It's time to trade on volatility then :^)

>>27827627
desu I don't think even the experts get what is up with this fucking stock.

only two more weeks until the squeeze

>>27827730
Can we get behind the scene info when all of this is over? Or we will never know?

>>27824695
fucking ladders man

WE STILL LIKE THE STOCK AND NOTHING IS GOING TO STOP US

Someone who isn't a retard try and explain what's going on now.

SUPPLY
AND
DEMAND

>>27827966
You know in the movies when someone dies a certain way and their body is still moving

please sell

https://www.reddit.com/r/wallstreetbets/comments/ld5rd9/evidence_pointing_to_shorts_did_not_cover/

>>27827966
>Someone who isn't a retard

>>27827966
Hoolders spent what was left of their money at open now that RH has removed restriction, it pumped a bit and now it continues its slow descent to $5

>>27827966
>Someone who isn't a retard try and explain what's going on now.
>on /biz/

have i got news for you bucko

>>27827496
Kek

WE DID IT REDDIT

>>27827496
i seen it but zoomers don't know shit about stonks

>>27827966
artificially inflated stock being returned to its true value

That's it? The pump is done?

>>27828167
>>27827966
Maybe some received their paycheck yesterday, and had a bit more money to throw on the bonefire too

>>27828121
the smart thing was to short more at 400, so yeah all shorts probably aren't covered, doesn't mean shit

>>27828368
just hold bitch

stock will only recover if SuperBowl Ad happens

Why are you people still in it? What are you hoping for?

The prices for GME and AMC are pre-determined in the name of "national economic security". Good luck fellas.

>>27828167
>>27828374
Retarded take.
Number of retailers aren't big enough to make 3M volumes at market open.

>>27828503
What is it from?

>>27828066

>>27828458
I have no choice. I'm like 70% down

>>27828472
it's not legal to buy an ad telling people to buy a stock is it

>>27827377
checkt
i'm new to trading but i'm battle hardened veteran from my years of lurking on /pol/ i can spot these kikes from a mile away.

>>27828503
to cash out with a small profit and buy crypto

>>27828585
You're underestimating the number of retards still on it

What do we do now?

This is pure hell. I feel so sorry for those who lost money on this pump and dump scheme.

>>27828686
it would probably be just memes or emoji garbage

>>27827496

>>27828792
buy and hold

Well wishes from Nipland
https://voca.ro/1djCajkK48qj

2 shares at 70. Late to the game, but I want the meme stonk

If every stock outstanding is unavailable, the price will converge into what the market deems proper?

>>27828686
it's not legal to prevent people from buying stocks either, but look where we are

>>27828928
I am already holding a big bag, I guess a little more cant hurt too much.

Damn, it is actually grinding up

>>27827966
Semite tricks and hoodwinking

>>27828968
vw had some substance to it though

is reddit still in? I need those retards to throw their money in

>>27829046
How many shares did you get?
I'm still in the green even if GME goes to $0 so I don't care much, just holding to see what will come out of this.

god i just want it to crash. staring at this graph all day for the past week is killing me inside. let me out

>>27829125
It's like an mmo grind now

>>27828606
https://www.bloomberg.com/opinion/articles/2021-02-04/elon-musk-s-gamestop-tweets-are-now-a-hedge-fund-signal

>>27829192
Too late, I think they booght at open and have nothing left now

>>27829033
98% of the float could be on hodl mode but if nobody wants to buy the 2% the price will plummet

you guys are still holding and this isn't just a meme right...

Go past $75 you cunt

>>27827966
It's what we in the business call a 'short squeeze' and it means if you buy (at whatever price) you will get inifinite money guaranteed.

>>27829246
tks

>>27829235
>let me out
It's like a Faustian deal. You want in, but you'll also want out.

@the dog fucker

You are noticed

HOOOLDER, REPORTING IN.

What is going on with GME now, realistically? It's holding and has has gradually risen a bit. Is this a new support level? Or just its dead cat bounce?

>>27829324
its definitely a meme, but I'm holding

>>27829246
Kek, that's gold

The Big Money made some of their money back on the crashening, now they will btfo of the bottom sellers. You can go for the ride up or forever live in regret.

>beginning of a bull flag forming
is it happening bros?

>>27829534
Have you BOOGHT today?

>>27829543
Realistically some shorts are covering because they don't want to hold over the weekend on a volatile stock. That's it.

>>27829556
>it's not a bug, it's a feature!

>>27829411
pull up pussy

me rn

>>27829324
unironically holding is the only chance any of us have

>>27824695
Move it on to a penny stock HEMP
> currently .0115 per share
> shitty company but it has a good symbol
> pump it to 10, cash out, eat tendies.

>>27829550
same

>>27829543
How the fuck is it a dead cat bounce? Look at the chart. It hasn't crashed. There's nothing natural or predictable about this chart.

keltner channels still look good right now, it's grinding up slowly

>>27829640
Spent all money I was willing to use at a higher price sadly so no. Wish I waited a bit so I could get more shares.

>>27829710
It crashed yesterday. Or does a dead cat bounce needed to immediately come after a crash?

>>27829710
get used to it, once you try crypto its a much wilder rollercoaster than gme

my morning story so far

Bros, I just sneezed. Does that mean the squeeze is being squozened?

>>27829710
It just came down back at the natural high price of this stock. There really isn't much else to see here.

Seriously, don't expect miracles from this point on.

>>27828965
兄弟...

>>27829687
It won't do anything.

>>27829639

>>27829045
So I don't have robinhood, but wasn't it just about them not wanting to foot the bill because those trades were on margin?
Or was it for any account?

>>27829949
Are all these 100 shares trade from options?
Or it's bots?

>>27829659
>shorts are covering
how much of the total shorts are they going to cover? It can't be a lot I think... right?
These interests will force them to cover sooner or later

>>27829324
it's been a meme since day 1

>>27828686
Could they advertise their shitty subreddit though?

>>27824798
Doubt it, we will see on the 9th. Interest will fuck them over hard and they leave themselves very exposed with that strategy.

>>27829694
Wouldnt be better on mgt capital, thats like 0.130

>>27829639

>>27830052
Those look a lot more natural to me than an entire screen full of only 100's

>>27829868
Don't forget to take your profits ; )

>>27829949
Most of those are bots making the price jiggle.

Any advice on which broker to use to buy gamestop? Im in France. (((Etoro))) is israel based and kiked people on gme buys and sells. I opened an account on XTB, its Polish and seems pretty cheap efficient and based. Any advice on this or people that use XTB ?

>>27829903
The only thing I expect, is holding my shares

>>27829949
Fucking based, go hedgie criminals

non-retards only
why did it shoot up 33% today?

>>27830053
It's for every account. I couldn't buy any all day with my own fucking money.

volume is dropping hard

>>27827377
I genuinely despise them. Utter scum.

>>27830148
meant to reply to
>>27830052

>>27830053
It was for all users, regardless of account status.
I bought on cash and even if I wanted to get more, I wouldn't have been able to.

Poor dead cat. Ya'll just bouncing it up and down.

>>27828731
Teach us your ways. Some of these rats seem great at evasion.

>>27830236
shhhh let them buy

>only 65k available shares for shorting now
https://iborrowdesk.com/report/GME

sweet

>Ya'll

>>27830190
I want to say it's because of Robinhood letting people buy more, but that doesn't explain the gargantuan volume.

>>27830190
Robinhood opened up trading. Volume is a bit too high for it to be only retail though.

If it's last retail hurrah, it's ogre.

>>27830236
It's painfully apparent GME still has the potential to rise but it's being consciously manipulated to keep the stock's price low.

>>27829903
>stock just went up to 60% of close and "stabilized" so far at 32%
sure

>>27830190
because rh is letting actual retards buy again

>>27830190
Because a large number of people like the stock, and the hedgies are losing power.

is the volume number in $ or papers?

>>27830313
Its a shame its no longer southern slang and was taken over by twitter

Putting down a second mortgage.

>>27830170
Godspeed.

hodling 11 shares that i dont give a flying fuck about so I'm feelin alright.

>>27830306
>>only 65k available shares for shorting now
I'll wait for the day when they'll be selling 1 stock between themselves.

>>27829822
initially invest 1/3 then save 2/3 for moves afterwards, unless you already did that then my condolences

>>27830395
Number of shares.

>>27830069
No, not a lot of shorts at all relatively speaking. Easily enough for them to cover (probably at a nice profit) within this volume. You're nowhere near a short squeeze and haven't been since last Friday.

>>27830346
this
retarded boomers think it's a $5 stock
the squeeze will be squoze

>>27830294
He he

>>27827966
The lizard people are making their move and have formed a temporary alliance with the illuminati in an attempt to stop GME's advance. However, gamers are rising up and we are in a stalemate.

>>27830090
I was thinking more along the like of herd mentality (aka: "modern" investing), where what a company does doesn't matter, only the perception.

The symbol "Hemp" alone is enough to trigger those whose hope is higher than their market knowledge.

Meanwhile, with it currently at $115/10k shares, it's easy enough to move large percentages. There are no options (let alone any worth buying), but that too might help because you're boxing out a lot of the more professional houses.

>>27830457
if that number went down. can we say that no short closed?

>>27830363
imagine if they did not intervene at all, could crash whole market with no survivors

big sell off at 70 lets see how it recovers, 73 dollars and my next 100 shares go

>>27827691

Never.
Every sell made diminishes the squeeze.
This is prisoner's dilemma, and you can't fool me into giving up the more favorable outcome.

>>27830306
what does this mean? Majority still shorted?

>>27830675
It has been jumping between 70-75 for ages

>>27830661
>>if that number went down. can we say that no short closed?
shorts from when it was at 10 usd are closed. shorts from 400 usd are open

>>27827730
“Experts”

>>27830348
The stabilization and low volume is good news right? There's a fight right now between $70 calls and puts

>>27824695
>fake stocks
Remember that shit?
It's nuts out there.

>>27828363
>artificially inflated
>not artificially deflated
FTFY

>>27829710
You know what's predictable? AMC and GME having nearly identical charts. If that doesn't tell you it's completely manipulated and pre-determined, nobody can help you

>>27830668
Good

>>27830786
thats bullshit. there is no such data in the table

Doomp eet

>>27830617
What if it really is unironically this. Sounds so crazy I’m starting to wonder if it’s true

>>27829411
pls stop

>>27830954
Kek

>>27830327
>>27830330
>>27830363
>>27830380
how many retards you need to come up with 2 billion dollars (low stimate)
because thats on the low end of what was moved today
lets say a retard has an avg 5k to invest in this deadmeme (too much)
so 400k retards
idk seems plausible RH has 13million users

The threads I used to watch on WSB the last week while I made $6 from GME and their stupidity has now gone from stupidly funny to downright depressing. These people have lost so, so much money and don't even seem to fucking care.

do something11111!!!11!

>>27830925
The queen we deserve

>>27830810
It is definitely good. The disaster scenario today would have been if it continued to bleed down to a 'normal' price where the hedgies could escape the shorts. The opposite has happened.

Yes we are down a lot from the ATH however what is important is that the hedgies still cannot get out and the price is still catastrophically inflated for them. Ideally we'll get up to higher amounts, but the important thing is that the price is inflated and continues to be so. As long as people hold this will happen, and eventually there will be a squeeze.

The problem is firstly the shilling/misinfo and then just people getting bored or scared on dip days, which can really hurt us. We are in the biggest prisoner's dilemma there has ever been. If we hold out we all win, but if too many people are selfish or chicken out then everyone, including them, gets fucked.

>>27830954
trying to prove his fallacy with pictures, not actual hard facts/data

because the data says short has NOT squoozen

Who gonna invest in $ROPE after this?

>>27830954
>one squeeze
>four near-identical peaks

>>27830954
thank you for you paid imput shill

>>27830954
Wasnt the squeeze. They restricted buying and thus cut of the pump.

>>27830621
That makes sense, what company is it? Searched hemp on Trading212 bit couldn't find anything

>>27831044

>>27830912
Similar stocks trade together. Both are businesses that have gone down with the pandemic and which will go up when the pandemic eases up. Add in the fact that similar retail traders buy and sell each and you get algos treating them similarly, as well as hedge funds labelling them as similar stocks and putting them into the same groupings they use for their own portfolios.

>>27830954
Bolkswagen xD

>>27830962
not this time jew

>>27831022
$6,000*

>>27830912
I noticed. I'm holding
>>27831019
Half of RH users own at least some GME. That's only one trading app.
WSB has like 10 million people now.
There has been a large enough mass of people to make this work from the beginning. Only powerful jew magic is keeping the price down now.

>>27830742
if it goes to 0 a short squeeze happens
right?

Its time

so what exactly is going on?

>>27831285
Maybe it rolls over at 0 to 9999

>>27831076
Man it's posts like these that really remind me that it's better to just hold. I keep considering selling my one stock so I can buy real stocks elsewhere, but like... Oh you all know
>WHAT IF IT HAPPENS, YOU'LL BE MISSING OUT!!!
I only put 300 in, I might as well let it sit for eternity. They just today cancelled my sell limit though so I do still have to monitor it.

>>27831129
It's a small company that (until now) has been in the industrial hemp business. But they've also announced a CBG deal with some former b-list actor. You can find them here:

https://finance.yahoo.com/quote/HEMP?p=HEMP

>>27831019
there are millions of retards around the world
avanza (just one swedish broker) has more than 30 thousand GME holders

>>27831280
im just rationalizing why the poomp in the morning
i bought at 110 and never sold

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

----------------------


$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>>27831340
we're gearing up for the dump of a lifetime

>>27831104
its my monthly crazy bet money, after this ill invest in crypto

>>27831340
The dream is basically dead and the only people still holding either don't care what they put in, or are literal schizos.

I GRIEVE IN STEREO

RIP

>>27831415
>>27831558
Everything will be fine, friend.

Here we fucking go.

>>27831076
idk i think many holders just think of it as lost money
cashing out now at this numbers seems pointless
i know there are ppl who bet everything on this but i cant fathom is the majority

well it was good while it lasted i respect that it held on this long
see you at the next spike

its over isnt it?

>watching foxbusiness
>they already have guests lined up on todays show about the squeeze
>"todays big story is Gamestop" i've heard them say multiple times

Is everyhting planned?

>>27831127
Based and factual

YES
YES
HOLY FUCKING SHIT GO DOWN GO DOWN GO DOWN GO DOWN GO DOWN GO DOWN GET PREGNANT GET FUCKING PREGNANT GO DOWN GO DOWN GO DOWN GO DOWN GO DOWN YEESSSSSSSSS

AND
JUST
LIKE
THAT
70 NEVER EVER AGAIN

It’s all over lads, hell of a ride at least

>>27831503
I think that last poomp definitely killed a lot of people's hopes

btw theres not going to be a single halt on the way down

leddit wont sell this spike either

they want to die

Where were you when GME died its second death?

brief refueling stop in the 60s, please stand by, the moon mission resumes soon

>>27831169
That wouldn't make them as identical as they are. Completely pre-determined at this point. Good luck.

>>27831664
What makes you say that?

Honestly I want this to straight crash back to 15 dollars just because it'll mean there'll be less redditors in the world.

Fuck me this is so blackpilling. Not that the market is the way it is, but that there are people out there so retarded they're still holding. I always knew people were stupid in an abstract, distanced way, but here I am forced to contend with the fact that behind so many of these posts are real, living, humans who are probably too thick to wipe their own asses.

>>27831774
this

Time to get back in cagies wagies

m-m-nuh volume isn't moving guys look it's just waiting to fuel up for the moon mission

>>27831455
do you think there are still people shorting since $200 or so?
or is it more advantageous to short in small steps while descending

Hahahahaha, I'm new to this, and apparently I'm not allowed to do multiple moves on a stock within a week's time? Well, I guess I'm stuck with you fellas.

>>27831624
Will it go back to $200?

>>27831820
the 10k im having in the red

>>27831774
Anon, I think that was a disposable rocket

Is is all returning to nothing?

>>27831774
>>27831879
I am going to laugh when this shit reaches 50

>>27831866
NEET 4 LIFE

we're ticking over nicely lads

>>27831989
robinhood fags getting destroyed left and right trying to play the spikes this late in the game
use a real brokerage

Pls I can't stare at a graph all day.

>>27827966

/wsb/ briefly got hollowed out internally by moles. Their boy DFV went from being a totally unheard of name a month ago to now being doxxed on multiple websites daily. /biz/ went from moderately active in start of july to most active board just a week ago, with the most activity during trading hours when shills come to astroturf and setup narratives for you to witness to sway your emotions [recommend reading "Thinking Fast, and Slow" for this]
In just a week we saw the media mobilize, the SEC turn a blind eye to market manipulation, and relentless short ladders. The price went from $400 to $50, but the share volume history doesn't align with this, yet somehow the short floats also dropped in a couple of days from >250% to <40%. Even Michael Burry is calling out foul-play on what he's seeing in the market and he's the biggest retard there is.

The hedges need to bleed pressure off from the incoming squeeze price explosion. The tactic is the same as usual:
>Can't move the diamond retards, so they're not the target
>Instead get normies, and NEETs looking to gamble their stimulus money
>Setup dual-narratives : one for hope, to buy into the dip, rejoice at every peak
>One for doubt to sell at every peak, by creating fear of drops and losing money, because they haven't educated themselves on anything around what's happening
>People spin themselves crazy on the wheel of hope and doubt, eventually become unstable with fear, and sell the shares right to the hedges out of their trembling hands

This is why "FRIDAY (1/29) IS IT!" Was pushed as disinformation, because the bandwagon chucklefucks don't know anything and will literally run in whatever direction they hear. Then when it turns out "hold" isn't just a meme and is something *they* actually have to do, they pussy out and sell their shares.
Dumb normies, once again, ruining it for everyone.
But truly, what you're seeing today is more class, and psychological warfare.
We truly live in the age of dank memes.

>>27831995
Right click -> inspect element -> remove the minus sign

>>27831839
Why do you care? lmao.
Astroturfed concern trolling. Fuck off. We're holding and we're enjoying it. The more people that come here and beg me to sell, try to shame me into selling, hurl insults.
It only steels my resolve.

Back to the boring slow bleed out to nothing.

just made some tendies to make feel better

>>27831839
For the most part these are otherwise smart people. That's the worrying thing, how easily smart people can make bad decisions when swept up in the hype.

>>27832057
stop short ladder attacking it please

>bought 2 @330
>drops to 260
>bought 2 more @250
>drops below 200
>bought 12 @110
>drops below 90
>dont buy @50
>pumps above
I just want it to reach 150 so that I can get back my goddamn money

>>27832010
It's going where they want it to. In the name of "National Economic Security", they are in complete control right now. Why do you think AMC and GME have such identical charts? Having similar buyers, as some people try to point out, wouldn't make them identical, so that's not a good argument.

>>27832179
are you retarded

>>27831991
only with a squeeze if big players are tired of paying interests... not very probable tho...

>>27831991
I can't tell you for sure. The way I see it, it's clear that the value of the stock is being held down fraudulently and artificially. We see when this pressure lets off, it shoots up. So many people are holding, that without the constant hedgie pressure to keep the price down, it's going to be stable in the hundreds.

>>27832179
I need it to get to 119 before I break even but honestly I don't expect it to ever get close to being there again. We hit 88 today but we're back to the slow downtrend towards the 50s by market close.

>>27832239
Yes, especially since I'm making mad gains from ETH but its all pissed away because of the meme stocks

So this was basically just a tiger bounce?

>>27831991
Very unlikely

schizopost general

>>27832179
You're literally bought a boat as it was sinking. Stay away from the market, for your own sake.

>>27832057
wait a non greedy trader? wtf is this

>>27832364
they're making it bounce at 70 for the last hour, then make it dip, now they're doing 60.

You guys thought it wouldn't be beyond a Biden administration to manipulate the prices?

>>27832364
if it ends in the green it's bullish for next week

>>27832084
This is a pretty reasonable post. Just decide on a price (ideally a high one) you would sell at, accept you might not hit it (chiefly due to foul play on behalf of hedgies) and go on with your life. If you have an app like Robinhood it will ping you (or sell automatically) when and if the stock hits your desired price anyway. Places like /biz/ exist like a perpetual party for success and grief alike, by design it reacts to every single market fluctuation, and if you stay here constantly you'll just drive yourself insane and it's counterproductive.

who /cashed out friday but held 1 share in hope/

>>27832072
Is robinhood the only one with this pattern day trade shit?

>>27832057
What app you using?

>>27831991
Get a grip dude it was a Pump n’ DUMP

>>27832239
Haha Retards UNITE guys right? I found this place from WSB haha anyone else from Reddit? RETARDS UNITE
APES TOGETHER RETARDED

>>27832421
Almost like rigging things is completely within the Biden amin's ethical protocol

>>27831769
I was kill

>>27832457
Me. And I am still kicking myself for it

>>27832057
so that's where all these 100's come from...

>>27832475
Lol get off /biz/ during school hours, dipshit

i bought a call this AM and sold it during the pump. congrats to everyone else who won today!

>>27832440
>and if you stay here constantly you'll just drive yourself insane
jokes on you I was already mad when I got here

>>27832475
I think it's US thing.
https://en.wikipedia.org/wiki/Pattern_day_trader?oldformat=true#Requirements_and_restrictions

My European broker doesn't have anything like that. They even offer guides for PDT.

it's going UP

its pumping boys

Just helped out with that green candle

>stock goes up
>they pause the fucking trading
>dips back down
Why is this allowed?
I'm so tired of all these talmudic schemes. I'm not paper handed but fuck stop manipulating it and just take the L you fucking kikes.

>>27832510
So it wasn't the squeeze then.

:^)

I manage to buy the peak perfectly every time, there is a talent in me somewhere

>>27832084
To add to your recommended reading, I suggest Scott Adams’ “Win Bigly: persuasion in a world where facts don’t matter” and “loserthink: how untrained brains are ruining america” to understand the persuasion techniques being used by shills to try and convince you of facts using emotions. He’s not just the Dilbert maker, he’s also a sort of successor to Dale Carnegie, and has over 20 years experience in economics. He even made “fuck you money” by investing in Apple back in the day using the same techniques he uses now.
When asked to comment on gme last week, he gave the general advice “there are usually about as many winners as losers, so the goal is to try and be one of the winners not the losers.”

thread theme

https://www.youtube.com/watch?v=BfnjX88Va4Y

>>27832709
I really hope we close around at least 75

We're back.

Have we squoze yet?

>>27832475
No, it's US law. And watch yourself, you do NOT want to accidently cross over that line.

keep buying faggots i have another 100 waiting for you at 69

>>27832709
By a whole hecking 3 dollars

>>27831654
>cashing out now at this numbers seems pointless
Sunk cost fallacy

>>27832510
But the squeeze™...?

>>27832757
I saw some posts yesterday upset not at the blatant manipulation, but the fact that everybody is collectively letting it happen. No protests, no riots, no anything. Just "oh okay".
The poster I saw specifically was ready to take time off from work to participate.

My conservative prediction is, this tuesday report is going to cause a retail pump today and monday. Safe bet would be get out before tuesday morning. Alternatively, it moons. But thats a low chance. What do you guys think?

>>27832762
a fellow /biz/ big brain

I am financially ruined

>>27832654
>>27832702
>>27832792
Oh so HFT machines are subject to the same restrictions? Or does it not apply if you have 25k minimum in securities in the brokerage

>>27832762
You're supposed to buy the dip, not the peak.

why the fuck did it even go back up today?
I don't understand whats going on, if it's gonna crash why is it stalling for like 3 days now?

>>27831682
Yes. Welcome to the wonderful world of not knowing what the hell’s going on

>>27833007
robinhood restrictions were lifted

>>27832770
scott adams is an extremely intelligent man that most people just think wrote those cartoons.

>>27831866
Never. I’ll be a writer.

you hate to see it happen

10,000 here we come

>>27833007
Zero restrictions and zero tard rangling on the redditors

>>27832998
>buy dip
>>dips lower
>>>even lower
>>>>lower still
>>>>>market close

>>27832998
i thought that it was going to go a bit higher so i assume i was buying mid-rise, but i unironically bought the actual top

>>27832792
Dont they only lock your account so you can't day trade for a while?

>>27832072
All brokerages restrict you under 25k balance. They’re all jews.

>>27832982
If you don't mind playing by the rules, you're more than free to become a day trader like anyone else. And the big houses already are, so they don't care about the extra paperwork and costs.

But if you're a small retail investor, getting classified as a PDT is possibly the worst thing that can happen to you. But as long as you don't buy/sell the same day, you'll never have to worry about it.

An unrelated example of how knowing the rules can make your life easier...

... if you own a company and pay payroll, you have to file a quarterly tax form. You don't have to file the forms until the first time you pay an employee; but once you do, you have to file every quarter forever even if you no longer have payroll. So, if you simply never take money out of the business, you can accumulate without ever having to file the paperwork for the first few years.

Lunchtime pump incoming

>>27833209
>>27833084
So if a fuck ton of people are buying why does it keep dipping?
Nothing about this is organic

>>27833282
It's the law faggot. Don't blame the brokers.

>>27832952
I think it's probablly a good idea, I probably wont because I'm too optimistic and never learn, but it makes sense.

Realistically if the hedgies aren't out yet, and most evidence suggests they aren't, surely they will bail on Monday and just take the L rather than let Tuesday come, be completely exposed beyond all doubt and then have people pile on on the stock.

I think the threat of the update on Tuesday is going to be the mover. If nothing happens on Monday they are either safe or being very ballsy and will probably get eaten alive.

>>27833333

>>27833333
based

>>27833333
Based quints of truth

>>27833318
>But as long as you don't buy/sell the same day,
I did this literally an hour ago and I'm retail.

>>27833333
Checked

Based Melvin breaking out the ladders

>>27833344
go back to sleeeeep goyim

>>27833333
O YES YES YES

>>27833344
It was rising too fast so kikes halted the trade like four times.

>>27833333
>what's for lunch
>money

>>27833254
I avoid it like the plague, so my information may be out of date. But last time I checked...
> minimum 25k equity at all times. So if your positions go south, you have to put in more money to keep your 25k
> have to use a margin account, can't trade from a cash account
> extra paperwork
> extra taxes
> currently the target of Biden and Co.

>>27833333

>>27833344
Fuck if I know if I knew about stocks I wouldn't be in this thread.

>>27833282
you can just get a cash account on rh and boom no more pdt but youre also still using rh and getting kiked to fuck anyway

>>27833333
>checked

Let's bet: are we closing above or below $53.50 today?

>>27833333
checked, praise kek

>>27833437
If you only did it once you're OK. But the instant you do it 3 times within 7 days, you're automatically classified as a PDT, and your account is locked until you bring it up to compliance.

>>27831839
> t. limp dicked paperhands faggot that sold at a loss and didnt get in on the $50 dip

>>27833333
More like lunchtime doomp

>>27833333
JEEEEEEEZUS CHRIST HOLY CHECKED!

>>27833477
>It was rising too fast so kikes halted the trade like four times.
Why is that allowed? It literally fucks the supply/demand curve.
You can't just start kvetching and go SHUT IT DOWN because things aren't going your way.
Fuck I'm genuinely angry now and I'm only 15 shares at 178 avg in this.

>>27833612
above easily would bet any amount of money 1:1

>>27833344
They did buy at open. That's why it jumped.
But now they've spent all their money, and only the sellers are left.

>>27833344
Stocks are literally the gayest shit I've seen, can't wait for this gme shit to crash so all the stock faggots leave /biz.

>>27832421
This goes beyond the executive, this is private sector financial jews were talking about

damn, i can buy one share now.. Tell me the moment

>>27832770
>the goal is to try and be one of the winners not the losers
Holy shit how have I not thought of this? Buying all his books now

>>27833318
I mean you just have to have 25k in funds to be able to day trade. I just see it as a way to stop people from making money on wild price swings right away, which in GME case is a huge missed opportunity

>>27833740
now

>>27832516
not really what i was going for but ok

>>27833740
yesterday

>>27833740
When it reaches 5-15 dollars.

>>27833689
Then why don't you sell puts?

>>27832770
He’s definitely not a dummy but I think people on the right overstate his acuity

>>27833719
ah yes shitcoin pnds are so much better right
I hate money, we should go back to trading goods. god damn

>>27833719
t. cryptofaggot

>>27833333
kek wills it
BUY AND HOLD

>>27831839
This is what happens when the left/right politicize the stock as if they're fighting "Goliath." In the end the people that lost their hard earned money where their retarded sensationalist loving fans. Should've known better than to think the stonk market had feelings.

>>27833740
Wait for <$1

>>27829324
just fucking hold and stfu

WHY THE FUCK IS THIS HAPPENING

Guess this was for it today, we'll keep crabbing down, huh

>>27833834
i do but not on this

Guys, it's doing something

poooooooooooomp

someone replace daffy with the happy merchant and roger rabbit with the pink wojak. PLS

>>27833949
because jews

>>27833617
Thought 3 times was ok and 4 times is where you get fucked.

>>27829324
Yep. People weren't joking when they said not to throw in anything you couldnt afford to lose.

I see Americans took a giant dump after lunch.

now its like the last 3 hours never happened
time to buy

GO DOWN, LET ME BUY

>>27833777
It's more than just the 25k. There are tax issues, paperwork issues, limits to what losses you can declare, and a bunch of shitty little details worth avoiding.

You could drop your 25k in a cash account and be further ahead, as long as you don't mind not being able to write certain options.

Also, with the wash rule (which day traders by definition bypass), there are additional problems down the line.

>>27833853
Trading goods but what if they refuse my offer of 4 shiney stones for a cow?
We should just go back to killing eachother for things we like.

>>27833740
unironically. right now looks perfect

>>27829380
WELCOME TO THE HOTEL CALIFORNIA

>>27832770

Thanks for the reading recommendation, I unironically never knew he wrote things outside of Dilbert. It's funny because growing up I always thought it was a boring comic with "lul jerb" always being the punchline. But now that I've gotten far up into corporate tech, it's almost more like a C.Y.A. manual for avoiding bullshit in the workplace as to not go insane from your brain pouring out the ears at the sheer triviality of it. Wally is my fucking hero.

>>27833949
Because you're retarded and deserve to be poor for buying into a fucking meme.

Ughhhhhhhh please pump again mighty GME

WE'RE BREAKING 50 NOW BOYS

>>27833949
It's unlikely that retail bought at such a big volume at open, it was probably an institutional buyer.
Or just a few retail investors with a shitton of money ready to burn.
So somebody big bought in the morning, that caused it to go up, but since then, it's just back to the regular trading of the last few days.

>>27834081
I see, not worth it then, especially when you just have to wait a day to sell at most, its just GME thats too volatile for that but most stocks are not GME

>>27834175
I bought at today's dip. I'm still making money. I just want more.

>>27834396
Fair enough, good on you for not being a retard who bought this shit at 300.

Do any of you really still believe this is going to the moon?

i wonder how sick the people who didnt sell at 80 are feeling right about now

>>27834356
>the regular trading
"regular"

someone make new bread niggers

>>27834583
yes, the shorts are going to run out of ammo, they're deranged boomers thinking it will go back to $5

ur fucking plebbitor greed is pumping and dumping this nonsense .....wait for this shit to go to 40 again and seell tomorrow at 7o again and make profit instead of waiting for le ebin squeeze

>>27834587
I gave up caring days ago. Bought 1 at 100 (after the crash because I'm retarded) and and it's just going to sit in my portfolio as a reminder to not be a retard in the future.

>>27834587
Tomorrow is another day

Or, well, Monday is.

>>27834378
To be fair, there ARE legitimate reasons for the rule.

If, for example, it takes 2+ days for a transaction to clear, the day trader is basically playing with money they don't have yet. This is why they require a margin account: you're basically using your credit to float the money that is still being reconciled.

But again, it only becomes a problem if you're small trader who doesn't know the rules and gets stuck behind the 8-ball by mistake. For most robinhood traders (who buy fractional shares $40 at a time), 25k might as well be a million, for as unlikely as they are to have the cash.

The real problem, in my opinion, is that RH tried to market itself to crypto traders, who operate under different rules. So while they were small, they could afford to let the rules slide with their clients; but once RH hit the radar, they suddenly have to make sure they're following ALL the rules with their clients.

And yes, not worth it. You can buy at 3pm and sell at 10am the next day as often as you want without a problem Being an "every other day trader" is much less hassle.

>>27834583
Rather not.
But if there is still lot's of shorts to cover we might see some significant volatility for days maybe. Which might not make be easy moons, but at least some fun and few bucks if played smart to cover some of losses.

actually, this is really good, swinging between 50 and 60 and reaching 80 you could make a good really profit

I'm stuck with these bags forever. Eating a loss is fine once the hedgies are purged.

>>27834743
>Being an "every other day trader" is much less hassle.
Agreed, thanks anon

>>27834841
yea..too bad i bought at 280 and i am now financially ruined

>>27834685
yup totally organic supply and demand, nothing to see here folks

>>27834841
yeah but this is gambling and only getting 25% at best isnt good
if you play poker you never want to put money in the pot for 25%
playing volatility swings is always a losing game as a small investor unless you win the first time and quit while youre ahead

New Bread
>>>27834920

>>27834996
You could have made it back today, retard.

green line going up

>>27835056
nothing at all, totally normal all stocks do this