Boiler Room: The Official Stock Market Discussion

-DMP-

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I’ll just say this...the bag holders who bought in at the top are already getting screwed...next will be the “idealists” who watch their profits whittle away holding on for too long...seen this shyt play out firsthand and I still allowed myself to get swept up by the hype lol smh

I have an avg cost of 4 bucks on AMC. Im gucci if it goes below 4, ill just buy more:blessed:
 

L&HH

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Depends on how much you can afford to lose to be honest. Panic selling is a real thing and that's how you get to sell low to those waiting to buy low. If you can't afford to lose, you might have to eat the loss and hope for better plays next week or next month to make up for it. It's really about how you feel
I can afford it. I had $3k sitting in this TD Ameritrade account since last July. Tbh I'm thinking about buying a little to average out better and pray next week things are better.
 

Ozymandeas

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INCREDIBLY FOUL. Somebody got in their ear.

Citadel. I don’t know how I missed it. I’ve read multiple times that Robinhood farms out their orders but it didn’t click. It’s common sense now looking back at it. They sell their orders to big firms like Citadel to fulfill and Citadel just had to pay $2 billion to keep Melvin Capital solvent. So they tightened the strings on Robinhood. It’s disgusting that’s not considered market manipulation.
 
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Damn, they killed the momentum. This shows how big the RH base is, but also shows how RH just fukking turned on their target demographic, they’re not getting these kids back. :francis:

i think they lose some of the kids but over the long term it will likely work out for them because now everyone's eyes are open to free trading. most people didn't know free trades existed in March.

It's an addiction for ppl now
 

Brolic

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How is this shyt legal? I’m not a big time investor, so I went from $125 profit to $25 profit because robinhood delisted NOK.
They also just delisted sundial this morning.
I know people must’ve lost thousands because of this. Could there be a class action law suit against Robinhood?
 
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