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OT: Stock and Investment Thread

R

RUDead

All-Conference
Sep 20, 2017
3,655
3,840
0
GME holds up to heavy attacks from wall street. I wonder what they will try tomorrow. Internet outage? SEC mandate? I'm sure they have lots of tricks still up there sleeves.
 
R

RUJohnny99

All-American
Nov 7, 2003
64,667
5,966
113
redking said:
Bought GME on 1/13 at 28.32 and used a trailing stop because I thought WSB was joking around. Well the joke’s on me. 🙁
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Dude, you need to get this picture in an 8x10 framed on your wall
 
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J

Jtung230

Heisman
Jun 30, 2005
19,410
12,560
82
RUDead said:
GME holds up to heavy attacks from wall street. I wonder what they will try tomorrow. Internet outage? SEC mandate? I'm sure they have lots of tricks still up there sleeves.
Click to expand...
Down 45% in one day is holding up? I’m in the wrong game.
 
M

mdk02

Heisman
Aug 18, 2011
27,002
19,282
113
RUDead said:
Day's Range 112.25 - 482.85 and closed at 197 after they stopped people from being able to buy it. This is far from over but the longs held the line today.
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If you bought at $482.85 I don't think this qualifies as holding the line. That is if you're not comparing to the Giants OL the first 5 games of the season.
 
F

Frida's Boss

All-American
Oct 10, 2005
10,952
7,738
0

“Amid this week’s extraordinary circumstances in the market, we made a tough decision today to temporarily limit buying for certain securities. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.

Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed. “

Oh boy.
 
R

RUDead

All-Conference
Sep 20, 2017
3,655
3,840
0
mdk01 said:
If you bought at $482.85 I don't think this qualifies as holding the line. That is if you're not comparing to the Giants OL the first 5 games of the season.
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I'm talking about the market not any individual. This has ceased being a normal stock. This is high stakes gambling and whichever side blinks first is going to get crushed.
 
T2Kplus20

T2Kplus20

Heisman
May 1, 2007
32,557
20,538
113
Frida's Boss said:

“Amid this week’s extraordinary circumstances in the market, we made a tough decision today to temporarily limit buying for certain securities. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.

Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed. “

Oh boy.
Click to expand...
 
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F

FRA10Thunderbolt

Heisman
Oct 21, 2010
15,575
15,087
113
Joey Bags said:






Holy s***

RIP RH
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Holy ****! Wow! Just Wow! If RH is doing this and the SEC and FINRA do not act we are in a whole heap of trouble as a country. We already get our wealth stolen by the rich and now they are blatantly doing it from individual accounts. People need to go to jail for this. Wow!
 
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R

rurichdog

Heisman
Sep 30, 2006
116,807
14,390
0
Joey Bags said:






Holy s***

RIP RH
Click to expand...

That's very kind of RH to sell that "customer's" position (4500 shares) at the session low price. Just a coincidence I guess. Probably sold it in blocks of 100 all the way down, trying to find price discovery on a day that few people could buy. F*cking savages.
 
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F

Frida's Boss

All-American
Oct 10, 2005
10,952
7,738
0
rurichdog said:
That's very kind of RH to sell that "customer's" position (4500 shares) at the session low price. Just a coincidence I guess. Probably sold it in blocks of 100 all the way down, trying to find price discovery on a day that few people could buy. F*cking savages.
Click to expand...

I don’t think RH had a choice.
 
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