Trading the stockmarket (NO Referrals)

Daze · 2 Feb 2021 at 16:17

Hope you're all buying and holding

Martynt74 · 2 Feb 2021 at 16:18

Some decent momentum behind it now. Imagine buying in at $80

Be interesting to see where it ends up.

EDIT - Halted?

Minusorange · 2 Feb 2021 at 16:19

Hmmm I'm hearing that shorts have been restricted on GME at NYSE don't see any news on it though

Spleen Sauce · 2 Feb 2021 at 16:20

Gaygle said:
My BP shares are in the toilet today

The ex-dividend date is the 18th Feb, even though they're not offering scrips this time I think it'll climb back up for this.

Skillmister · 2 Feb 2021 at 16:26

GME, BB and AMC all start rising at the same time. Smells like a co-ordinated "permitted" rise

Daze · 2 Feb 2021 at 16:27

Milkybk said:
Get rid of Reddit mate, clearly not good for you.

In at an average of $85, let's see what happens

MORE SPEED · 2 Feb 2021 at 16:28

Martynt74 said:
Some decent momentum behind it now. Imagine buying in at $80

Be interesting to see where it ends up.

EDIT - Halted?

Halted again.

Added some more at 85 on the way down, and started winding them off around 105 just before the first halt. Paper hands

Huggie86 · 2 Feb 2021 at 16:28

Managed to top up BP on the drop today. Wish TUI and IAG drop again, feel like I didn't put enough in on the last drop.

unwashed potato! · 2 Feb 2021 at 16:30

Daze said:
In at an average of $85, let's see what happens

Incredibly good price if it does shoot up. Terrible if it doesn't. Already though good profit if you sold now.

Martynt74 · 2 Feb 2021 at 16:33

Milkybk said:
RH have raised buy limits to 100 shares in GME and AMC, imagine it’s the same on a couple other platforms.

Guess it proves there's always been a retail demand, it just wasn't able to actually exercise it.

Trig · 2 Feb 2021 at 16:35

Well its back above $100 again so I'm back in the green...

englishpremier · 2 Feb 2021 at 16:35

Martynt74 said:
Some decent momentum behind it now. Imagine buying in at $80

Be interesting to see where it ends up.

EDIT - Halted?

Mine were at $80 took a hundred or two in my T212 ISA. Forgot about the couple I have with IG though so will just let them run.

Hades · 2 Feb 2021 at 16:35

Milkybk said:
RH have raised buy limits to 100 shares in GME and AMC, imagine it’s the same on a couple other platforms.

It just shows how much of an impact buying limits has.

Martynt74 · 2 Feb 2021 at 16:36

Hades said:
It just shows how much of an impact buying limits has.

Yeah, although it then fell from 150 to 127

An interesting watch all the same.

fez · 2 Feb 2021 at 16:38

Hades said:
It just shows how much of an impact buying limits has.

Which there never should have been for many people who are working purely with their own cash. There are good reasons to restrict it if people are working with leverage but the only reason (as far as I know) for them to halt trading was because the clearing houses were worried about getting paid.

413x · 2 Feb 2021 at 16:39

Simon said:
We can get back to more typical stock chat now

Give it a few days

Minusorange · 2 Feb 2021 at 16:41

Hades said:
It just shows how much of an impact buying limits has.

It's not that, it's the NYSE have added GME to the short sale restrictions which means no more short attacks or so the rumours say, there's no "official" news on this

Finners · 2 Feb 2021 at 16:44

I've been keeping an eye on GME and AMC through revolut app and today they have disappeared. Anyone know who they use to actually buy the shares? Seems to have been restricted