Soldato
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- 15 Feb 2003
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There's nothing to stop it. Normally it won't happen because a) the hedge fund wouldn't be so stupid or would exit fast b) The free float of shares would often be higher.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
There's nothing to stop it. Normally it won't happen because a) the hedge fund wouldn't be so stupid or would exit fast b) The free float of shares would often be higher.
So what Melvin did was unusual then in that respect?
Soldato
- Joined
- 25 Nov 2005
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It's pretty much a waiting game now
so the deadline has come? (Today), it’s stayed over 150. Now back to them to start playing they’re play?
Associate
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I don't know about anyone else, but I'm finding it funny on the 212 forum the amount of people asking if their funds are 'safe' after reading about Robin Hood.
Surely something you do before you sign up to any service and deposit your own funds? These people should not be allowed to invest in individual stocks/CFDs.
Surely something you do before you sign up to any service and deposit your own funds? These people should not be allowed to invest in individual stocks/CFDs.
Deleted User 298457
Deleted User 298457
How would you go about making an assessment as to whether your funds are safe in a app you got from Play Store/Apple Store? Asking for a friend.
Soldato
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The theory is the contracts expired today (it's purely speculation really) and they get until Tuesday afternoon to return the borrowed shares but it could last longer than that it could go on for weeks depending on when the expiry is, so it's a case of retail waiting for wallstreet to start buying and wallstreet waiting for retail to start selling, it's quite an interesting dynamic
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Ive seen people in wsb discord asking if anyone knows the ticker of company X.
also if u look at tickers similar to amc etc it looks like people even bought the wrong ones
Last time it happened to this extent was in 2008 with Volkswagen.
https://www.reuters.com/article/us-volkswagen-idUSTRE49R3I920081028
I think Porsche agreed in the end to ease the short squeeze, but theoretically they could have allowed it to continue for as long as they wanted.
They got blamed, just as retail investors are being blamed now...
Soldato
- Joined
- 12 Feb 2006
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The thing is, retail can wait surely. At least for the most part. I have £4k in nio which I intend to look at in 3 years.
Plenty in here buy stocks expecting a few percentage increases and happy with that
I can leave stock in game stop for a few weeks if its likely to double.
Cheers. Yeah seems a lot of different speculations for what’s next.
Same here. I guess the worry is all the people throwing big money in expecting a quick return and then panicking at drops. You only have to read Reddit to see posts of throwing in everything they’ve got (if true).
The other issue is how do you keep the price up if the big boys play games. Most people are now heavily invested, they either don’t have the money to buy or are simply unable to due to platform limits.
There are plenty of platforms still allowing unregulated buying so there won’t be an issue there. RH was just the darling of the Main Street trader and since they have shown themselves to be a ****** company people have started to move away from them. If anything their behaviour has limited the stocks growth. Plenty of people saying they are setting up accounts on different platforms and haven’t been able to trade whilst that’s being set up and verified.
Next week will be an exciting time.
Just need the greater fool to come along and put 10k in at $250. WSB will probably run out of them though, price can't go up if don't have the buyers at these higher prices.
Soldato
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- Surrey
Trying to imagine all the things they may do to reduce the price and get everyone to sell.
If its possible that they can easily get the price to push down over this weekend while the market is closed, they could do this, and match it with a weekend of endless saying things have sold now, time to move on, this is the end it's over etc. Come Monday it opens from 328 dropping down to let's say 170. There won't be a nice green increase showing as though it's still higher than the day before, but instead a 50 odd percent red decrease.
Everyone is hearing that the shorts are closed/closing already, the squeeze is done, they've manipulated it so that they win and we lose.
.
All these things will encourage a sell off
There probably are a lot of them around, they just can’t actually buy the shares on the platforms they’re signed up for, then the ones that you can sign up for generally have delays for deposits registering from the sound of it.
As a poster mentioned above though there seems to be another platform being shared as one possible option.
lol..
as of tonight, GME RV is 1147, GME IVOL is 400. 1147/400=2.85. A 185% risk discount on an overvalued stock with decreasing volume. Eurgh! Next week will be fun. WSB better get their plans in order for next week.
as of tonight, GME RV is 1147, GME IVOL is 400. 1147/400=2.85. A 185% risk discount on an overvalued stock with decreasing volume. Eurgh! Next week will be fun. WSB better get their plans in order for next week.
https://isthesqueezesquoze.com/
Looks like the hedge funds just extended their short positions past this Friday, they are still %100 over leveraged
https://www.fca.org.uk/contact - can complain about the unfair trading restrictions here.
https://reddit.com/r/FreetradeApp/comments/l83fv1/freetrade_drivewealth_fx_provider_and_the_big/
this link explains why freetrades FX broker has skin in the game to limit freetrade, a clear bias as they own lots of shorts in $GME.
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