Boiler Room: The Official Stock Market Discussion

[Koli_Kat]

Looks like the WSB boys are hopping into Sliver next

 

[GetRichOrDieTryin]

Looks like the WSB boys are hopping into Sliver next

yea i saw that comment too about banks shorting gold and silver

my dad has about $5k in gold that hes been holding on to for like 20+ years

 

[Payday23]

What is going on?!

RH TOS:
I understand and agree that whenever it is necessary for Robinhood's protection or to satisfy a margin call, deficiency, debit or other obligation owed to Robinhood, Robinhood may (but is not required to) sell, assign and deliver all or any part of the securities in My Account, or close any or all transactions in My Account. I understand that Robinhood may, but is not obligated to, attempt to contact Me before taking any such action. I understand and agree that Robinhood reserves the right to take any such action without prior notice or demand for additional collateral, and free of any right of redemption, and that any prior demand, call or notice will not be considered a waiver of our right to sell or buy without demand, call or notice. I further understand that Robinhood may choose which securities to buy or sell, which transactions to close, and the sequence and timing of liquidation, and may take such actions on whatever exchange or market and in whatever manner (including public auction or private sale) that Robinhood chooses in the exercise of its business judgment. I agree not to hold Robinhood liable for the choice of which securities to buy or sell or of which transactions to close or for the timing or manner of the liquidation. I also agree not to hold Robinhood liable for taking such action

 

[newarkhiphop]

Hold the line. Tomorrow is going to be a big day

 

[GetRichOrDieTryin]

keep holding

 

[L&HH]

Posted on that Wallstreetbets subreddit...

Geezus Christ!

 

[dora_da_destroyer]

Free is relative. Its not perfectly free for anyone besides the Federal Reserve. Exploits and loopholes get closed all the time. Somebody on WSB has probably already found the next one and the masses are going to sit online and cry about the last one.

lol @ freely trading shares of a publicly listed NASDAQ company being a loophole. And even more @ the thought of a short squeeze being a loophole only when retail does it

 

[ogc163]

 

[newarkhiphop]

good little copy and paste from reddit

Q -So did it skyrocket when the shorts had to sell at a loss?


A- Yes. They had to cover their shorts - aka give back the shares they borrowed. So they have to buy them back. Right now the short float is 120%. That means 120% of GME needs to be bought back and within the next 4 days.


Q- Why 4 days? Haven’t heard a specific number yet, rather that it will just need to be paid off eventually, with risk and interest growing the longer they put it off.


A- Yes that’s correct but what they’ve done the last couple of days was double down on their position. With those shorts being due on Wednesdays. People suggest Friday, Monday and Wednesday all as possible squeeze dates. No one truly knows

Friday is when end of month & end of week options expire. When they expire, the hedge funds will be forced to pony up and buy back the stocks no matter what price, and that will drive it up.

 

[MoneyTron]

RH TOS:
I understand and agree that whenever it is necessary for Robinhood's protection or to satisfy a margin call, deficiency, debit or other obligation owed to Robinhood, Robinhood may (but is not required to) sell, assign and deliver all or any part of the securities in My Account, or close any or all transactions in My Account. I understand that Robinhood may, but is not obligated to, attempt to contact Me before taking any such action. I understand and agree that Robinhood reserves the right to take any such action without prior notice or demand for additional collateral, and free of any right of redemption, and that any prior demand, call or notice will not be considered a waiver of our right to sell or buy without demand, call or notice. I further understand that Robinhood may choose which securities to buy or sell, which transactions to close, and the sequence and timing of liquidation, and may take such actions on whatever exchange or market and in whatever manner (including public auction or private sale) that Robinhood chooses in the exercise of its business judgment. I agree not to hold Robinhood liable for the choice of which securities to buy or sell or of which transactions to close or for the timing or manner of the liquidation. I also agree not to hold Robinhood liable for taking such action

And there it is.

 

[dora_da_destroyer]

it's a fool proof app. it's the app for those who never invested before. it's approachable. that's a clear moat to me. no noobs wants to go invest in webull with 100 things in front of them. my wife is a great example. she has zero clue, yet she likes her robinhood. she just bought herself NFLX on her own because netflix is her thing.

how old is your wife? No offense, but some 13-22 year old isnt going to be confused logging onto TD or Schwab vs RH and TD has tons of beginner info a courses.

 

[RickyGQ]

On the real though.... hedge funds get margin called all the time. That’s why March was lightning quick.

welcome to investing

Help me understand how me being unable to purchase more stock this morning but being able to sell it is a margin call?

 

[MoneyTron]

lol @ freely trading shares of a publicly listed NASDAQ company being a loophole. And even more @ the thought of a short squeeze being a loophole only when retail does it

I'm not calling the GME actions loopholes specifically.

 

[alpo]

good little copy and paste from reddit

GLORY!

 

[dora_da_destroyer]

I’m gonna buy even more apple, these levels are artificial. You can’t tell me apple with those earnings posted is not going back up to 200+

You’re expecting too sharp a rise for AAPL, everyone knows they’re a sure bet on earnings. A trillion dollar company doesn’t just jump 40%. AAPL May hit 200 EOY if we’re lucky