01-28-2021, 03:48 PM
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#2041
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Franchise Player
Join Date: Apr 2013
Location: Cowtown
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Quote:
Originally Posted by Enoch Root
It HAS paid off. Are you suggesting that it has to go to $1,000 to 'pay off'?
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Thats the gamble, some people may see it as done, others still see growth. If it even hits $450 ill have over doubled my money. Tomorrow is also still only a gamma squeeze and not the short squeeze im waiting on.
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Quote:
Originally Posted by oilboimcdavid
Eakins wasn't a bad coach, the team just had 2 bad years, they should've been more patient.
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01-28-2021, 03:56 PM
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#2042
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Franchise Player
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Quote:
Originally Posted by PaperBagger'14
Thats the gamble, some people may see it as done, others still see growth. If it even hits $450 ill have over doubled my money. Tomorrow is also still only a gamma squeeze and not the short squeeze im waiting on.
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I didn't suggest it was done. I said it has paid off, because it has. It might go further, it might go a lot further, and it might already be done. Time will tell.
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01-28-2021, 03:58 PM
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#2043
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Franchise Player
Join Date: Apr 2013
Location: Cowtown
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Quote:
Originally Posted by Enoch Root
I didn't suggest it was done. I said it has paid off, because it has. It might go further, it might go a lot further, and it might already be done. Time will tell.
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Yeah we're in agreeance then. The way I look at it, if I make $50 or $50 000 its still money I didnt have to work for
__________________
Quote:
Originally Posted by oilboimcdavid
Eakins wasn't a bad coach, the team just had 2 bad years, they should've been more patient.
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01-28-2021, 04:00 PM
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#2044
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Franchise Player
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Quote:
Originally Posted by PaperBagger'14
Yeah we're in agreeance then. The way I look at it, if I make $50 or $50 000 its still money I didnt have to work for
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You might need to down grade to a toy lambo and a semi detached house in Winnipeg then.
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The Following User Says Thank You to CroFlames For This Useful Post:
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01-28-2021, 04:09 PM
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#2045
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Franchise Player
Join Date: Apr 2013
Location: Cowtown
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Quote:
Originally Posted by CroFlames
You might need to down grade to a toy lambo and a semi detached house in Winnipeg then.
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__________________
Quote:
Originally Posted by oilboimcdavid
Eakins wasn't a bad coach, the team just had 2 bad years, they should've been more patient.
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01-28-2021, 04:16 PM
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#2046
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Crash and Bang Winger
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Quote:
Originally Posted by PaperBagger'14
Yeah we're in agreeance then. The way I look at it, if I make $50 or $50 000 its still money I didnt have to work for
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Well, technically, you did work for it. If you hadn't earned the principal then you wouldn't have been able to afford the buying of the share in the first place.
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01-28-2021, 04:16 PM
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#2047
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Franchise Player
Join Date: Oct 2001
Location: NYYC
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01-28-2021, 04:42 PM
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#2048
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First Line Centre
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Totally uninformed question: Gamestop is doomed, we all know it, and it can't be propped up forever. Is now not a brilliant time to short it?
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01-28-2021, 04:47 PM
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#2049
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Franchise Player
Join Date: Feb 2012
Location: Phoenix, AZ
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I don’t know who is into crypto currency, but the doge coin is making quite the jump.
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01-28-2021, 04:51 PM
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#2050
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Franchise Player
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Quote:
Originally Posted by Sr. Mints
Totally uninformed question: Gamestop is doomed, we all know it, and it can't be propped up forever. Is now not a brilliant time to short it?
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Definitely - if you have almost unlimited resources. When you short a stock, you do so on margin. If the stock price rises enough, you will get a margin call. You can't just wait it out.
And the volatility of GME is off the charts right now, so the chances of you getting a margin call are very high.
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01-28-2021, 04:53 PM
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#2051
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Franchise Player
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For further clarity, you can't be offsides on a margin call. If you don't immediately cover, the broker will liquidate your position in order to cover.
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01-28-2021, 04:58 PM
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#2052
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That Crazy Guy at the Bus Stop
Join Date: Jun 2010
Location: Springfield Penitentiary
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WSB right now regarding all this RH freezing GME and AMC and other controversy:
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The Following User Says Thank You to Cecil Terwilliger For This Useful Post:
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01-28-2021, 05:00 PM
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#2053
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My face is a bum!
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Quote:
Originally Posted by Table 5
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I think it depends on how much that is to facilitate clearing for a couple days, vs. them completely fcking up with their margin allotments.
If they had a ton of users buying high on GME in margin accounts, it could get ugly for them. I'm sure their investors will bail them out though so they can get through their IPO.
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01-28-2021, 05:01 PM
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#2054
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My face is a bum!
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Quote:
Originally Posted by Enoch Root
For further clarity, you can't be offsides on a margin call. If you don't immediately cover, the broker will liquidate your position in order to cover.
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Unless you're the typical Robinhood customer and all your positions went down 50% in one day. I'm not sure what their margin requirements were for GME last week and this week, but I'd be very curious to know.
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01-28-2021, 05:03 PM
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#2055
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Franchise Player
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Quote:
Originally Posted by nik-
The Motley Fool is a cartoon site.
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I mentioned their click bait...the actual stock advisor has a very good track record and is beating the market badly over a decade
__________________
GFG
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01-28-2021, 05:51 PM
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#2056
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Franchise Player
Join Date: Aug 2012
Location: Seattle, WA
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This has been a week for the ages.
__________________
It's only game. Why you heff to be mad?
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01-28-2021, 05:52 PM
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#2057
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Franchise Player
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GME up big on the overnights
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01-28-2021, 06:12 PM
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#2058
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NOT Chris Butler
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I was way too late on the GME, but I Yolo'd a bunch of Blackberry @ $17.30 CDN hoping it follows suit. Not expecting $500/share, but if it hits anything close to $50, it's free used boat time.
I've had such a good year on the markets, even if I lose a couple grand on it, I'll just shrug it off cost of doing business.
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01-28-2021, 06:26 PM
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#2059
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Backup Goalie
Join Date: Apr 2008
Exp:
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Quote:
Originally Posted by Enoch Root
Does anyone know what the daily volumes at RH have been? The stock is trading over 100M shares per day, just on the one exchange I have on my screen.
It sucks for the people at RH, and there very well may be fraudulent manipulation here, but it isn't materially affecting the price of the stock, unless RH has a huge chunk of the volume of GME. Every other brokerage is still trading it
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It was RH, Interactive Brokers & Webull financial, plus rumours of other platforms with restrictions.
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01-28-2021, 06:38 PM
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#2060
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Franchise Player
Join Date: Apr 2013
Location: Cowtown
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Quote:
Originally Posted by Bonded
GME up big on the overnights
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I couldn't find accurate data, what is it at?
__________________
Quote:
Originally Posted by oilboimcdavid
Eakins wasn't a bad coach, the team just had 2 bad years, they should've been more patient.
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