I imagine some funds/big players managed to make a fortune off the chumps too with some well times day trading.
Here is one I am looking at - OTB - On The Beach. Trading statement due tomorrow which won't be great news but the price was resilient when the end 2020 results were touted in December. There was decent growth trajectory pre-pandemic and fundamentals don't look bad in terms of historic margin.Yes - travel has to have a bounce at some point, whether it's this year or the next year, people aren't going to replace going on holiday with a trip to the cinema. It's just a matter of time.
CRSR is doing well today. I only bought in yesterday too so that's lucky!
Gme tanking. Looks like I'll take my first experience on the chin.
Yes - travel has to have a bounce at some point, whether it's this year or the next year, people aren't going to replace going on holiday with a trip to the cinema. It's just a matter of time.
Oh hell yeah...when the WSB con artists were pointing at the short positions saying "look look, you need to hold"....those short positions were the big boys that piled into shorts at 300+ and are as we speak, raking in the money from the newbie investors people that fell for the scam.
Tbh if I was setup on a platform with short-selling instruments I would have had a punt myself.
Clearly, missed the sarcasm there, SEC are more than happy to check out WBS for market manipulation yet all that WBS has done is looked at some accessible information and chosen to buy a stock based on that information, which is exactly the same as the hedge funds do no?
So, if the SEC is looking at WBS they should use the same rules to look at the hedge funds no? Especially if it does turn out that the hedge funds have used out of the market tactics to manipulate the price back into their favour, be it talking to friends in the media, government etc and trading out fo hours, again to manipulate stock prices...
I want to start buying a few shares, what's the difference between the likes of Hargreaves lansdown and trading 212 / etoro? Benefits or negatives to any or these?
I want to start buying a few shares, what's the difference between the likes of Hargreaves lansdown and trading 212 / etoro? Benefits or negatives to any or these?
^^ ThisHL have a slightly nicer platform but will charge £10 per trade (Maybe £11.95), so factor that in, and if you're not buying much then any gains are quickly lost to those.
Trading 212 seems decent so far and has a good range of stocks including US ones.
Personally i use Fidelity for my long term stuff and T212 for smaller trades where the trade fees matter more.
Surely if you do this, you can't wrap it all into an ISA?^^ This
Have a proper investment account and then T212 as a play account.
Edit: Although increasingly T212 is bridging the gap with its Pie feature.
I doubt T212 as a play account will ever land me in CGT territory, but if it does, great.Surely if you do this, you can't wrap it all into an ISA?
Surely if you do this, you can't wrap it all into an ISA?
They will be looking at both sides.
But your view of hedgefunds is warped. The big bad hedgefunds are destroying us, its mental.