GutterBoy 2,281 Posted January 27, 2021 holy sh!t. So what's going on here? Is there a subreddit getting people to buy certain stocks to short squeeze hedge funds? And then selling at the top? Share this post Link to post Share on other sites
edjr 5,587 Posted January 27, 2021 9 minutes ago, GutterBoy said: holy sh!t. So what's going on here? Is there a subreddit getting people to buy certain stocks to short squeeze hedge funds? And then selling at the top? yes Sir Share this post Link to post Share on other sites
edjr 5,587 Posted January 27, 2021 meanwhile, my portfolio is down 1000 at opening. and BC is sliding to hell. Share this post Link to post Share on other sites
GutterBoy 2,281 Posted January 27, 2021 Just now, edjr said: yes Sir Seems pretty risky unless you knew about it yesterday. What's the subreddit so I can get in today on tomorrow's fake pump? Share this post Link to post Share on other sites
KSB2424 3,085 Posted January 27, 2021 14 minutes ago, GutterBoy said: holy sh!t. So what's going on here? Is there a subreddit getting people to buy certain stocks to short squeeze hedge funds? And then selling at the top? yes, pump and dump. Wall Streets being doing forever, now its the peoples turn. Share this post Link to post Share on other sites
KSB2424 3,085 Posted January 27, 2021 Wall Street intervenes. Share this post Link to post Share on other sites
Drizzay 647 Posted January 27, 2021 It's a little to late for that! Share this post Link to post Share on other sites
KSB2424 3,085 Posted January 27, 2021 The RobinHood APP is now "down". Share this post Link to post Share on other sites
KSB2424 3,085 Posted January 27, 2021 It ain't no fun when the rabbit got the gun! ***NSFW Language*** Share this post Link to post Share on other sites
Hardcore troubadour 12,715 Posted January 27, 2021 It’s the modern day version of pitchforks and torches. Nerd style. Love it. Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 might be fun for $100. Share this post Link to post Share on other sites
nobody 2,052 Posted January 27, 2021 15 minutes ago, GutterBoy said: Seems pretty risky unless you knew about it yesterday. What's the subreddit so I can get in today on tomorrow's fake pump? They probably figured out that if you buy a bunch of cheap out of the money calls, it'll force funds to cover their shorts. Share this post Link to post Share on other sites
bandrus1 413 Posted January 27, 2021 4 minutes ago, Hardcore troubadour said: It’s the modern day version of pitchforks and torches. Nerd style. Love it. Exactly Share this post Link to post Share on other sites
GutterBoy 2,281 Posted January 27, 2021 3 minutes ago, nobody said: They probably figured out that if you buy a bunch of cheap out of the money calls, it'll force funds to cover their shorts. Fock I'm too stupid to know what all this means. Maybe I'll spend the weekend learning how to trade options. Now that the NFL is over I need something else to gamble on. Share this post Link to post Share on other sites
nobody 2,052 Posted January 27, 2021 Might as well go buy nokia now. Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 I feel pretty sure that if this continues, the brokerages will build in safeguards like greatly restricting the trading practices of accounts that are not funded by at least $50k. Share this post Link to post Share on other sites
GutterBoy 2,281 Posted January 27, 2021 This reminds me of 1999 when I could buy anything in the morning and sell it for double in the afternoon. Pets.com still around? Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 I have a charles schwab account. I tried to place an order online and it said online trading is down and to call the phone number instead. I tried to place an order for a different stock symbol and got the same message. I called the number and it just sent me to a recording saying trading is down. Charles Schwab number is 1-800-435-4000 Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Just bought 100 shares. I'm selling them today not sure when Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 7 minutes ago, Cdub100 said: Just bought 100 shares. I'm selling them today not sure when eff you. schwab wont let me buy Who is your broker? looks like I need a new account. Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Just now, JustinCharge said: eff you. schwab wont let me buy Hopefully fidelity will let me sell. Speaking of which I need to put in a stop loss Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 1 minute ago, Cdub100 said: Hopefully fidelity will let me sell. Speaking of which I need to put in a stop loss I wouldnt put in a stop loss. This is something they will shake you out if they can. Its just $100 anyway. Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Just now, JustinCharge said: I wouldnt put in a stop loss. This is something they will shake you out if they can. Its just $100 anyway. I bought 100 SHARES Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 15 minutes ago, Cdub100 said: I bought 100 SHARES OH, I read that as $100. Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 13 minutes ago, JustinCharge said: OH, I read that as $100. I put a stop loss at 15.30 and got liquidated. I bought back in at 15.69 and set a stop loss at 14 Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Where's the rest of my pump? This trading sideways is for the birds Share this post Link to post Share on other sites
WhiteWonder 2,179 Posted January 27, 2021 Without knowing anything about any Reddit forum, I invested in AMC last week after it declared no bankruptcy. it had been on my covid recovery watch list with other stocks I own such as carnival cruises and American Airlines. naturally I was not anticipating a 200%+ pop in one day. I was looking for it to hit its September highs around $7 I’ll definitely take it ! 1 Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Just now, WhiteWonder said: Without knowing anything about any Reddit forum, I invested in AMC last week after it declared no bankruptcy. it had been on my covid recovery watch list with other stocks I own such as carnival cruises and American Airlines. naturally I was not anticipating a 200%+ pop in one day. I was looking for it to hit its September highs around $7 I’ll definitely take it ! I bought a lot of CCL, RCL and LUV last April when it bottomed. AMC to me was never going to make the same kind of comeback. But if anyone can survive it's them. They changed their business model around before covid which helps. Share this post Link to post Share on other sites
WhiteWonder 2,179 Posted January 27, 2021 5 minutes ago, Cdub100 said: I bought a lot of CCL, RCL and LUV last April when it bottomed. AMC to me was never going to make the same kind of comeback. But if anyone can survive it's them. They changed their business model around before covid which helps. I bought CCL and AAL around the same time as you. I also bought more of each to trade on swings over the last several months. I never pulled the trigger on AMC until last week. Complete luck in the timing. since sleepy won the election I’ve been swing trading EV stocks as well. Share this post Link to post Share on other sites
NorthernVike 2,080 Posted January 27, 2021 15 minutes ago, Cdub100 said: I bought a lot of CCL, RCL and LUV last April when it bottomed. AMC to me was never going to make the same kind of comeback. But if anyone can survive it's them. They changed their business model around before covid which helps. Why has RCL preformed better than CCL? Any insights? I haven't followed either of them. Share this post Link to post Share on other sites
edjr 5,587 Posted January 27, 2021 NOKIA BUY BUY BUY! Share this post Link to post Share on other sites
JustinCharge 2,397 Posted January 27, 2021 Schwab is now allowing trading again. Bought 10 shares of AMC at $15.66 just for the hell of it. Don't care if I lose it all. Just gonna let it run. Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 Got liquidated at $14. I'm out. This market is too volatile I'm going back to Crypto. Share this post Link to post Share on other sites
Cdub100 3,390 Posted January 27, 2021 13 minutes ago, NorthernVike said: Why has RCL preformed better than CCL? Any insights? I haven't followed either of them. Not really other than CCL is a budget cruise line. RCL is more upscale and better run overall. RCL ships are newer too, Share this post Link to post Share on other sites
Mike Honcho 4,045 Posted January 27, 2021 11 minutes ago, Cdub100 said: Got liquidated at $14. I'm out. This market is too volatile I'm going back to Crypto. Share this post Link to post Share on other sites
KSB2424 3,085 Posted January 27, 2021 What about Radio Shack? Share this post Link to post Share on other sites
edjr 5,587 Posted January 27, 2021 2 minutes ago, KSB2424 said: What about Radio Shack? Do you need help plugging in your VCR grampa? Share this post Link to post Share on other sites