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Post by hokiejoe on Jan 27, 2021 8:47:05 GMT -7
Just finished it, that's an excellent read on the whole situation.
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Post by noclevername on Jan 27, 2021 8:49:17 GMT -7
The new one to buy into is apparently AMC stock. Yup that’s what they’re claiming which is another similar situation regarding the shorts but who knows |
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Post by EddieBlake on Jan 27, 2021 9:12:07 GMT -7
How long exactly do you have to wait before cashing out?
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Post by noclevername on Jan 27, 2021 9:15:24 GMT -7
I could sell now if I wanted to. I’m up $211 from one share. This is going to pop tho and a lotttt of people will cash out on it and a lot will be burned
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Post by hokiejoe on Jan 27, 2021 9:22:13 GMT -7
Reddit outsmarting the hedge funds doesn't feel like a safe long term position.
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Post by SolarGarlic 🧀 on Jan 27, 2021 9:25:47 GMT -7
We just hopped on the AMC bandwagon. We’ll see where it goes
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Post by chronicircle on Jan 27, 2021 9:26:29 GMT -7
Reddit outsmarting the hedge funds doesn't feel like a safe long term position. its definitely not, but i too picked up a bit of AMC. YOLO! |
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Post by bear on Jan 27, 2021 9:32:25 GMT -7
what are you guys using again? i dont think im going to go with robin hood...
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Post by noclevername on Jan 27, 2021 9:34:00 GMT -7
Reddit outsmarting the hedge funds doesn't feel like a safe long term position. Oh not at all lol this bubble will POP! |
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Post by chronicircle on Jan 27, 2021 9:37:54 GMT -7
what are you guys using again? i dont think im going to go with robin hood... robin hood is very easy to use. other platforms: fidelity, td ameritrade, or e-trade are all popular. |
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Post by SolarGarlic 🧀 on Jan 27, 2021 9:38:08 GMT -7
what are you guys using again? i dont think im going to go with robin hood... We have a Schwaub acct. |
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Post by lordkundalini on Jan 27, 2021 9:50:08 GMT -7
If the hedgefunds win, the stock will collapse very quickly. .
if the funds loose they will have to cover the short, replace any borrowed stock they sold ect. could push it up a little more.
then it will be a race to get out by the masses. doubtful that price level can be maintained over time
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Post by SolarGarlic 🧀 on Jan 27, 2021 9:51:16 GMT -7
This shit is going to suck now that we bought it haha
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Post by lordkundalini on Jan 27, 2021 9:52:30 GMT -7
How long exactly do you have to wait before cashing out? its a question of how much you want to make. very few will get out at the high and if it moves down, it could accelerate quickly.
it really should be a personal trading decision. not a group decision based on Reddit.
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Post by chronicircle on Jan 27, 2021 9:58:00 GMT -7
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Post by SolarGarlic 🧀 on Jan 27, 2021 9:58:47 GMT -7
Nokia is on the board too.
Is it legal for companies to restrict buying? Sounds kinda shady.
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Post by EddieBlake on Jan 27, 2021 10:05:03 GMT -7
How long exactly do you have to wait before cashing out? its a question of how much you want to make. very few will get out at the high and if it moves down, it could accelerate quickly.
it really should be a personal trading decision. not a group decision based on Reddit.
I was more asking from a legal standpoint ie how long do you have to have the stock to flip it |
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Post by hokiejoe on Jan 27, 2021 10:06:43 GMT -7
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Post by chronicircle on Jan 27, 2021 10:08:22 GMT -7
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Post by bear on Jan 27, 2021 10:13:40 GMT -7
"our buddies can f with the market, but not you guys"
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