Trading the stockmarket (NO Referrals)

Martynt74 · 29 Jan 2021 at 13:24

Curious actually with the German listing for Gamestop.

Presumably if the shorts are against the US GME ticker, then does the German listing actually matter? Or is it just shares in the company full stop so it's a 1:1 match?

mid_gen · 29 Jan 2021 at 13:25

Hades said:
If you work in IT for a financial institution such as an investment bank, broker, etc, you will also be restricted.

Yes anywhere in FS IT you are restricted, every firm I've worked at anyway (RBS/JPMC/HSBC). You *can* trade but it needs to be approved in advance usually. Minimum holding periods, etc etc.

mid_gen · 29 Jan 2021 at 13:29

Martynt74 said:
Possibily, just need to see what happens.

Seems some fairly big names are publicly backing GME too

Christ that WSB post....these people think they're all going to get rich. It's turned into a cult.

The people that can afford to lose, are going to win, and the people that can't afford to lose, are going to lose.

tlrBeta · 29 Jan 2021 at 13:30

Flibster said:
She does. In the control room. She gets all the confidential gossip that she can't talk to anyone about.

Hopefully I haven't appeared on the list at some point

Martynt74 · 29 Jan 2021 at 13:30

mid_gen said:
Christ that WSB post....these people think they're all going to get rich. It's turned into a cult.

The people that can afford to lose, are going to win, and the people that can't afford to lose, are going to lose.

Because everyone aspires to "brand name meat"

Flibster · 29 Jan 2021 at 13:34

tlrBeta said:
Hopefully I haven't appeared on the list at some point

You'd know about it. She seems to enjoy the 'punishment' phase a lot. :eek:

Simon · 29 Jan 2021 at 13:37

Martynt74 said:
Because everyone aspires to "brand name meat"

Aldi is brand name right?

mid_gen · 29 Jan 2021 at 13:50

WSB nonsense aside....

It does seem like this week may be the week the bears take charge....how much is down to the nonsense is kinda hard to say.

Does feel a lot like the mania is peaking.

Narj · 29 Jan 2021 at 14:02

I think as long as they manage to get some scalps out of it, lots of people don't care if they make aloss.

Martynt74 · 29 Jan 2021 at 14:04

Seems Citron have announced they're no longer going to take Short positions (or create short reports), GME looks to be rocketing in the German markets.

Not sure what relevance it has on existing shorts though.

mattx2 · 29 Jan 2021 at 14:06

mid_gen said:
Christ that WSB post....these people think they're all going to get rich. It's turned into a cult.

The people that can afford to lose, are going to win, and the people that can't afford to lose, are going to lose.

Yeah it reminds me of something

https://twitter.com/x/status/1354502571243626497

mid_gen · 29 Jan 2021 at 14:06

Narj said:
I think as long as they manage to get some scalps out of it, lots of people don't care if they make aloss.

Yeah, stick it to the man! Lose your money on the stock markets and hand it to Wall Street....that'll teach em!

Martynt74 · 29 Jan 2021 at 14:09

Also seems like some people have found out who DFV is and posted it online/shared it with CNBC. Some Financial Advisor in Massachusetts.

I guess it either makes him massively more popular or hated

Narj · 29 Jan 2021 at 14:09

mid_gen said:
Yeah, stick it to the man! Lose your money on the stock markets and hand it to Wall Street....that'll teach em!

It's odd, for sure. Looking at the subreddit, it's clear that it'll be everyone for themselves once they've managed to get the scalps they want. There will be some people seriously out of pocket.

booyaka · 29 Jan 2021 at 14:17

Getting some food and going to settle down for some viewing - opening bell should be interesting!

Martynt74 · 29 Jan 2021 at 14:18

booyaka said:
Getting some food and going to settle down for some viewing - opening bell should be interesting!

It's a good way to finish off the rest of the day isn't it. I feel like afternoons will be boring once this all settles down!

Minusorange · 29 Jan 2021 at 14:19

Martynt74 said:
Seems Citron have announced they're no longer going to take Short positions (or create short reports), GME looks to be rocketing in the German markets.

Not sure what relevance it has on existing shorts though.

They only announced they're not going to publish short reports, they didn't say anything about taking positions

https://twitter.com/x/status/1355152873487798274

Martynt74 said:
Also seems like some people have found out who DFV is and posted it online/shared it with CNBC. Some Financial Advisor in Massachusetts.

No surprise there really

413x · 29 Jan 2021 at 14:21

What are people thinking for open?

Anyone going in?

Jono8 · 29 Jan 2021 at 14:22

I'm guessing that even if i did fancy a small flutter on this, that there is no broker that would clear a deposit/funds immediately/today?

Trig · 29 Jan 2021 at 14:23

Haha, so they still do it and manipulate the market that way, but don't publish stuff so we can't read it and do it as well, what does that tell you...