Boiler Room: The Official Stock Market Discussion

[DrunkenNovice]

How long could they realistically hold back the flood gates? Is there any scenario we’re they can just slowly wind the price down through laddering etc. or is that interest bill going to get too out of control?

No clue of a definite timeline they have no choice but to continue the manipulation to avoid the disaster scenario that @winb83 pointed out. They cant fully open the gates.

This pod dropped a lot of info with debate on the issue from both sides.

 

[humminbird]

Is this even possible for retail trading accounts

 

[BlackBall]

I'd be less hard on RH if they were honest about what's happening.

The bottom line is that this is the HFs fault for over leveraging.

Anybody on the coli makes this trade, we take the L nobody swooping in and saving us and our family from financial ruin.

Based on what I'm reading the shorts are still over leveraged so as long as people hold the squeeze is coming.

You okay with them holding back the flood gates, by limiting buys and letting the HFs skate away?



My speculation is that were going to find out all of the company's who were overly short in gamestop have positions in these company's too.

If they can't cover their game losses they can't cover these either.

E]E]

Yep they’re living on credit

 

[BlackBall]

Taking my AMC profit on Monday to load up on IPOE.

Chamath take me to the promised land


May load up on CCIV too since they’re the rumored SPAC for Lucid Motors (Elon’s nightmare)

In

 

[Skooby]

Imma start loading up on post Covid stocks to sell fast when they peak before they die

American Airlines
Delta
Dave busters
Carnival
Amc
Etc

Any other stocks you think might be hot?

I already have American Airlines, Dave & Busters and Carnival. Dave & Busters has done extremely well since I got them. Up 400%.

If you're thinking long term, Apple was down yesterday. I'm getting more of them. Got some when they did the stock split.

 

[Macallik86]

If the losers can't cover the brokerages have to step in. The smaller brokerages fail. Then the clearing houses have to take over. They get the funds from other larger brokerages who in turn fail and the whole system collapses on itself. These brokerages run to the banks and tap credit and can't pay it back then it hits the banks.

Robinhood stepped in and took the bullet to prevent a full scale financial collapse. These fools on WSB are trying to engineer a complete financial meltdown under the guise of let's get the share price to $1000.

We came right to the edge of everything blowing up. Lord knows how many people would have suffered if it happened.

Congress needs to act to prevent this from ever happening again.

This.

Unfortunately, my uneducated opinion is that the only way to avoid this from happening again would be to increase the margin requirements which means a decrease in leverage for everyday traders like you and me.

On a related note, WeBull (who is in direct competition w/ RobinHood) has a good explanation of why they were limiting trades to GME/AMC. It wasn't some conspiracy theory like what has been floating around the last few days:

 

[winb83]

I already have American Airlines, Dave & Busters and Carnival. Dave & Busters has done extremely well since I got them. Up 400%.

If you're thinking long term, Apple was down yesterday. I'm getting more of them. Got some when they did the stock split.

It's a good idea to watch as this Gamestop situation unfolds and these hedge funds unload great companies like Apple to fuel their war. In the short term prices might get better.

 

[old pig]

...all over a shytty fukking video game store...reminds me I have to contact my cc company about GS not providing me with a refund

 

[winb83]

This.

Unfortunately, my uneducated opinion is that the only way to avoid this from happening again would be to increase the margin requirements which means a decrease in leverage for everyday traders like you and me.

On a related note, WeBull (who is in direct competition w/ RobinHood) has a good explanation of why they were limiting trades to GME/AMC. It wasn't some conspiracy theory like what has been floating around the last few days:

Webull came clean and said we can't take that hit and our clearing house can't. Robinhood lied and covered it up.

 

[Macallik86]

Webull came clean and said we can't take that hit and our clearing house can't. Robinhood lied and covered it up.

Source?

 

[winb83]

Source?

I posted the video a few pages back.

Edit:

 

[ill]

The boiler room is transforming into hot garbage.

It'll be over in a week or two and things will be back to regular scheduled programming.

Same thing happened when everyone started pumping penny stocks. It attracted a bunch of new posters, some wild times in the boiler room, and then it died down and only the real ones stayed in here. I'm guessing the same thing will happen once the GME drama unfolds.

 

[BushidoBrown]

thread blew up in the last month

 

[Spree At Last]

Anyone on alibaba?

Just became my fourth largest holding this week. It has been hit with a barrage of bearish news over the past couple months, and is risky for reasons that have nothing to do with the core business. If you remove the US china tension aspect, BABA has great margins, and the chinese middle class is growing rapidly. Their cloud business is also about to turn profitable for the first time and has a big market share in china. Any positive news from biden easing trade tensions, ANT group restructured IPO, or chinese antitrust resolution will send this back to $300+ imo. But of course things could also get worse before they get better.

 

[mson]

Webull came clean and said we can't take that hit and our clearing house can't. Robinhood lied and covered it up.

When did they lie? I felt like Tenev was saying it in a textbook way during his interview with Cuomo.