bmks270 said:
CNBC doing an hour special on the "Reddit Rebellion"
Reporting that Robinhood is restricting 50+ stocks including Starbucks and GM... wtf. I bet Robinhood is facing liquidity issues and insolvency. Says that Robinhood raised capital last night.
Robinhood being bankrupted.
hedge said:
I look forward to the big short sequel
Bregxit said:monarch said:
$120,000 loss in two days approx...collateral damage in my 401K.
F this crap.
What the hell are you invested in in there?
monarch said:
$120,000 loss in two days approx...collateral damage in my 401K.
F this crap.
Some are being told to jump.Tibbers said:
Yes and no. My point is people will get shaky and some will jump ship. I suppose it would require a massive coordinated sell off as most only have a small portion of shares. **** I don't know what's going to happen hah.
Buzzy said:Tibbers said:
As for the end game for the rest of users, you gotta remember, we say "Valhalla or bread lines" for a reason. They're either riding the rocket to $1000 or riding it all the way back down to $20. What people on Wall Street (and their media shills) don't understand is many don't care about the price, they just want to hold the shares to prevent a hedge fund from buying them and closing a short position. The paternailistic idiot politicians keep saying "we need to protect these people from potential losses", these people know exactly what they're doing. They lose it all, they're just going to post the loss porn, let their wife's boyfriend pimp them out for their oral skillz behind a Wendy's, and save up to make their next trade.
Wall Street assumes these people are rational, they don't know what to do with someone who will ride a share down to $0 because **** the hedge funds.
jh0400 said:Buzzy said:Tibbers said:
As for the end game for the rest of users, you gotta remember, we say "Valhalla or bread lines" for a reason. They're either riding the rocket to $1000 or riding it all the way back down to $20. What people on Wall Street (and their media shills) don't understand is many don't care about the price, they just want to hold the shares to prevent a hedge fund from buying them and closing a short position. The paternailistic idiot politicians keep saying "we need to protect these people from potential losses", these people know exactly what they're doing. They lose it all, they're just going to post the loss porn, let their wife's boyfriend pimp them out for their oral skillz behind a Wendy's, and save up to make their next trade.
Wall Street assumes these people are rational, they don't know what to do with someone who will ride a share down to $0 because **** the hedge funds.
No offense, but this goes beyond irrational. You'll **** a handful of hedge funds along the way, but you're also going to make a ton of money for the ones who end up holding the ultimate short position. This also won't change anything in the grand scheme of things.
If you're up big, anything other than figuring out how to take profits to not be the last one in a crowded trade (sound familiar?) is insane. If you want to **** Melvin, take your money. If you want to **** the whole industry, you won't. The rules are tilted against you, and there is nothing you can do to change it.
Medicare? Other than that, I completely agree with you. And even Medicare may be a bad example. I don't know many specifics on it.mazag08 said:
There has NEVER been a point in history where more government has ended up with the middle class being better off.
Find one example and show me a realistic way it can happen in America.
