Search results

My wife understands NOTHING about finance*... other than the spending part... and Trading Places is one of her favorite movies! I got a kick out her a couple of days ago when she asked, "is this business about Gamestop sort of like the margin call scene in Trading Places"? Yeah, sort of like...

Regardless of the vehicle... equities, bonds, commodities, options, et al.... shorts are high risk! A few years back I read a story about Julian Robertson's hedge fund. He claimed to "own the 100 strongest companies" and to be "short the 100 weakest"... true "hedging". He ended the year net...

Right. You want to be with this guy and his "multibaggers". Most who tout their trades brag about their "double digit" winners.

IB isn't a threat to go bankrupt. They have plenty of capital and are conservative about customer margins.

Yes, information overload. KISS baby, as always! :)

Ditto. Virtually ZERO correlation between poker and trading. Separate skill sets. If one learns to trade well, it's virtually impossible to lose unless you do something stupid.

We all know how easy it is to confuse brains with a bull market.... at least in the short run.

Both, actually.

Can't buy it either. This "miracle of opportunity" is not for thee! However, you can sit back and watch others have all the fun. :)

See. Market Timing works! (Just that most people don't realize that you have only minutes to figure it out.) :)

Double standard, of course. :(

That's it. I misquoted from my Swiss Cheese memory... in my defense, 'twas a long time ago. :)

GME was $500 this morning... $150 now. I'll bet lots of momo chasers are crying in their beer about now. How many bothered to limit their potential loss to say, 10%? Not many, I'd guess.

Didn't RH tell their customers that they can't buy now?

You're right about that. They left themselves open to the risk... could have done something about it but didn't.

Me short GME? How in the world would you get the notion that I would be so stupid? However had I been, I would have bought calls to offset my risk, "just in case". (My momma didn't raise no fool.) When I was in securities school, it was drummed into all our heads, "shorting is dangerous"...

The "problem" begins with WSB, don't you think? We all know, "pump-n-dump" is illegal. Previously that was attempted "under the radar" by word of mouth and email solicitation... hoping not to get caught. But THIS... directing players to a web site where they tell everybody... "we're gonna...

That may be true... "too many to prosecute". But we may end up with the notion of shorting being too risky/dangerous and players stop doing it.... or the rules may change prohibiting shorts. (Countries have sometimes enacted the practice of prohibiting shorting while their markets were...

That's not illegal. If were to become so, the rules would have to change.

You're missing the point. It's illegal to promote a coordinated effort to manipulate price in the securities markets.