Gamestop

[Anonymous]

I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

[Anonymous]

Schwab restricted margin trades, which is reasonable, but allowed buy orders. Robin Hood is partly owned by Citadel who also have a large investment in one of the hedge funds getting killed by this. Did anyone other than RH completely bar buy orders?

[Anonymous]

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

What are you so worried about? The PP might lose $180? Give me a break. If it swing to 400 thebpp makes an easy $200. If it crashes the pp lost like a couple of tanks of gas for their car. Oh no!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

What are you so worried about? The PP might lose $180? Give me a break. If it swing to 400 thebpp makes an easy $200. If it crashes the pp lost like a couple of tanks of gas for their car. Oh no!

for a lot of people it's a $180 donation to screwing hedgefunds. Any gains are nice, but they aren't the reason

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

What are you so worried about? The PP might lose $180? Give me a break. If it swing to 400 thebpp makes an easy $200. If it crashes the pp lost like a couple of tanks of gas for their car. Oh no!

Who is worried? I know why Robinhood stopped trading on GME and the others.

It's funny for PP to jump on without even knowing what she's doing or why.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

It's entirely reasonable for Robbin Hood and others to restrict use of margin around certain stocks, since if the investor loses lots of money but can't make good on it, Robbin Hood is on the hook (and I'm guessing can go after the account holder, but good luck getting that in some cases.)

But for say a self-directed IRA or other cash accounts, why on Earth would Robbin Hood restrict cash-secured trading?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

It's entirely reasonable for Robbin Hood and others to restrict use of margin around certain stocks, since if the investor loses lots of money but can't make good on it, Robbin Hood is on the hook (and I'm guessing can go after the account holder, but good luck getting that in some cases.)

But for say a self-directed IRA or other cash accounts, why on Earth would Robbin Hood restrict cash-secured trading?

Oh, and I'm Mr. Got in at $180. This is about a tiny middle finger to the unethical hedgies and naked shorters, for the lulz, and for being a tiny part of a cultural moment.

Restricting cash-secured trading wasn't about the risk for Robbin Hood. It was about pleasing Citadel, their corporate overlords (and the new corporate overlords of Melvin Capital.)

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm not sure why Robbin Hood (and others) stopped trading on meme stocks even for cash-secured positions where loss was strictly limited.

I bought 1 GME @ 180 at about 11:30 from my self-directed IRA at TD Ameritrade (or Schwab, or whatever they are).

You're not sure? Then why did you buy the stock?

Because he likes the stock. Silly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I was just kicking myself again today. I sold at 8.50 a few months ago. I’m clearly an idiot.

I posted in the other thread - I sold around $15 in Dec.

AMC

Is this the next GME?

What’s all this talk of Blackberry?

Late to the game. Live streaming of all the social media stock hits are up on twitch.

BB
Nok
BBW
AMC
GME
GTE
GBR

[Anonymous]

Market Summary > New Concept Energy, Inc.
NYSEAMERICAN: GBR
19.55 USD +17.20 (731.91%)

[Anonymous]

I like the stonks. Who bought AMC at 22 today. Lol

[Anonymous]

Anonymous wrote:Market Summary > New Concept Energy, Inc.
NYSEAMERICAN: GBR
19.55 USD +17.20 (731.91%)

Went from $2.3 ^ $21

[Anonymous]

Anonymous wrote:

Anonymous wrote:Market Summary > New Concept Energy, Inc.
NYSEAMERICAN: GBR
19.55 USD +17.20 (731.91%)

Went from $2.3 ^ $21

$23 to the moon

[Anonymous]

Germany blocked GME stock buys. This is a global issue now.