Un fucking believable.
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I'm gonna go out on a limb and say retail lost when this all plays out to it's logical conclusion. I just assumed they'd end up cannibalizing each other, but halting trading for select stonks because reasons certainly sped up everything.
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i mean, in 2020 alone:
-Goldman Sachs fined a record $2.9 billion for conspiracy, foreign bribes
-JPMorgan fined $250 million for conflict of interest, poor management control
-Citigroup fined $400 million for unsafe, unsound practices
not even going to get into front running, futures spoofing, etc.
honestly people have no idea how rigged this game is, its literally like times square 3 card monte if you try to play it 'straight'.
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Our financial institutions are one big giant scam. That's exactly what millions of Americans will be thinking, regardless of how the media spins this.
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i honestly have no idea what to make of the 'lets just suspend trading to protect institutional fiscal predators' initiative.
like if nothing else, it does tell us exactly who robinhood et all think they work for.
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Or they could just shut down the entire system. Yep, that will work.
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Already up 20% pre, definately hitting 500 within 30min or opening.
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Originally posted by onestep View PostIt will take them 6 days to cover and considering what has transpired past 6 hours...this doesn't seem like it will go anywhere but up with renewed support from people from all over, as long as people keep buying like they have, right? Not looking for advice, rather a situation where the stock goes from $350 to $200 or even $50 tomorrow
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It will take them 6 days to cover and considering what has transpired past 6 hours...this doesn't seem like it will go anywhere but up with renewed support from people from all over, as long as people keep buying like they have, right? Not looking for advice, rather a situation where the stock goes from $350 to $200 or even $50 tomorrow
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Micon made a good point. $420.69 is going to be a lot of people's sell point for GME. Bet accordingly!
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Seems like now would be the time to buy puts if you literally cannot buy calls for the same stock on the platform. Dunno how that's not rigging the game
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