Trading the stockmarket (NO Referrals)

Delta3D said:
Where did you come across these rumours out of curiosity? I can't find much about it but keen to plonk some in to CRSR.
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Actually on the NASDAQ site and few other google searches. https://www.nasdaq.com/market-activity/stocks/crsr/earnings

I guess rumour is the wrong word it's more a algorithmic prediction. With people locked up most of the last year, and this quarter covering black Friday, cyber Monday, Christmas etc.. i would expect it to be a good one.
 
fez said:
Where on earth did you get that from? If the market enters a deep depression from something like the housing crash then completely unrelated companies and industries will tank in value. Thats the nature of the markets.

I have not said at any point that companies trading on the markets should be exempt from downsides. Do you believe that sufficiently rich and powerful entities should be able to target publicly trading companies and negatively effect their future simply to make money? Do you think that hedge funds should be allowed to artificially inflate or deflate share prices in a way that is directly beneficial to their own profits.

Exactly. Which is why short trading is so dangerous and should probably be heavily regulated.
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The hedge funds are not 'artifically' affecting the stock price at all. They have staked a massive amount of their own money on it. And here they are, having lost out due to what appears to be a perfectly functioning market, and you're unhappy about....what exactly?

You can't *only* allow trading of the upside of stocks. You have to have products to enable trading the downside, or none of it works.

fez said:
Why do you say that? We can't be sure exactly what position they are in with regards to when they put the short in but there seems to still be a massive amount outstanding. What makes you think the hedge funds are out of this now other than their claims.
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Because this isn't the professional traders first rodeo.....and they are much, much better at this game than people on reddit. They've all seen this before and will be able to get much *much* faster than any retail investors when the dump comes. Where do you think all this pre-market movement is coming from?

They're also not trading on the basis of some cult-like devotion to emojis. They'll have got out when the numbers looked like they were going to lose.
 
So is there anything left in this realistically? Supposedly short positions have reduced significantly and it just seems to be sort of bumbling between 200 and 300.

It feels like the ship has sailed and talk of it suddenly spiking to £1000 + are fairy tales.
 
I sold at 320 and got back in at 240.. If I can make another quick buck then great.. Cant see it going to 1k either tbh. Be lucky to see 400 again
 
Jono8 said:
So is there anything left in this realistically? Supposedly short positions have reduced significantly and it just seems to be sort of bumbling between 200 and 300.

It feels like the ship has sailed and talk of it suddenly spiking to £1000 + are fairy tales.
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fir GME?....id say hold if you have any, Hedge Fund boys I think are trying to scare people off.
 
cu3ed said:
fir GME?....id say hold if you have any, Hedge Fund boys I think are trying to scare people off.
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It sure seems like they really are desperate to get the price down as much as possible.

So many distractions and attempts to get people to sell. Shows me to that they are worried if they don't get it to crash then they know it'll do the opposite and they will be screwed
 
Apex said:
It sure seems like they really are desperate to get the price down as much as possible.

So many distractions and attempts to get people to sell. Shows me to that they are worried if they don't get it to crash then they know it'll do the opposite and they will be screwed
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]Currently they are still screwed, jsut by not as much, hence all the false stuff about "Redditors are now selling GME and buying Silver", everything on reddit seems to suggest the opposite, you will have many selling though, but I think some who have jumped on late are doing that.
Then again I thought all the GME stuff was fudd, so dont listen to me lol.
 
cu3ed said:
]Currently they are still screwed, jsut by not as much, hence all the false stuff about "Redditors are now selling GME and buying Silver", everything on reddit seems to suggest the opposite, you will have many selling though, but I think some who have jumped on late are doing that.
Then again I thought all the GME stuff was fudd, so dont listen to me lol.
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Anybody who sold today will be jumping back in with the same FOMO if it starts to jump again
 
They're counting on the people being in early to sell now at this price. Which some are no doubt, but a lot aren't. And on top of that a lot more are now buying in with the intention of holding. Eventually they're going to have to start buying their short shares back. We can wait longer than them in theory.
 
danlightbulb said:
How? Trading 212 not allowing new accounts right now and IG stopped trading on Gamestop and AMC. I thought about chucking a small amount in but can't, as I don't have existing accounts to use.

It's probably too late now anyway.
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eToro is what I'm using now. I believe Freetrade still works too.

Now is still a good time. Down to ~$240 and still potential for a dip near or below $200 if you're watching closely. If it does dip I'll be getting in further.

It's obviously a massive risk inherently, but if we buy and hold and force them to start buying back then the prices will rise again. Still holding out for $1k+. Even $600-800 is a very good day.
 
danlightbulb said:
How? Trading 212 not allowing new accounts right now and IG stopped trading on Gamestop and AMC. I thought about chucking a small amount in but can't, as I don't have existing accounts to use.

It's probably too late now anyway.
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Hardgreaves and Landsdown is still accepting poeple, quick check and you are in really.
 
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