2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
I tell ya - this has been a very entertaining week. I do hope none of you on here end up hurt by this.
I personally got play money going right now. However, I do have call options on NOK right now that I purchased yesterday, and I am pissed off that brokers are restricting trading on it. Most I'll lose would be $550, so not the end of the world.
If we already have some into these stocks, is it time to get out since most people can't buy? or continue to hold?
yeah I don’t bet with what I can’t afford to lose. I don’t like losing money at all but I’m willing to take some risk sometimes.
I only put money in that I was fully prepared to lose.
And just like that they went from Robinhood to Baronrobber
curious, could the decision be above them? meaning whomever they use to buy/sell their customers transactions.
FWIW Short Interest is only updated/released twice a month (mid and end). Last update was January 15th, and that's the number that he is sharing. Short Interest WAS 71.2M on 12/30/20 so there was a sizable drop between then and the 15th but the "just updated" comment is a bit deceiving as that data his nearly two weeks old.
Could be, but I doubt it. There are a lot of firms you would never heard of that actually have the access on the trading floor of the exchanges that execute the trades. But I don't think these people would want to restrict trading because they make their money on 1) bid-ask spread and 2) volume.
Oh absolutely, but it's still BS and there will be a lot of people closing accounts and moving their money after this. They're not the only commission/fee free trading platform these days.
I had 10 shares of GME at $70 on Monday. Was able to sell this morning at $295 when things went to **** but left a lot of money on the table. I’ll take my profit and move on but would’ve been fun to get to $1,000
