GME and AMC Reddit Traders getting Slaughtered

[Mercor]

Will Robinhood survive
Lots of margin calls for retail traders
Retail traders who are ilinformed about the mechanics of trading on margin

 

[JSOP]

RH and Citadel market manipulation through restricted buying at work...

 

[smallfil]

Will Robinhood survive
Lots of margin calls for retail traders
Retail traders who are ilinformed about the mechanics of trading on margin

Latest reports were the Robinhood got lines of credit totalling $1 billion. Massive losses from their small traders which they have to eat. That is why they restricted buying to 1 share. Can you imagine if these rabid small traders were allowed yesterday to buy as much as they wanted of GME and AMC and all on margin? It would have added to the massacre today. A lot of them bought at the top too, some complaining when they failed to buy shares at the very top?

 

[Pekelo]

so i guess the diamonds hand turn into fake diamonds huh?

Coal. They turn into coal...

 

[Pronto24]

SmallFil is a lowlife Fn Moron who has zero clue what’s going on.

 

[JamesJ]

GME now <100...

i put in some buy orders 22$ down to 5$, just in case we see a margin call liquidation frenzy...

 

[maxinger]

GME now <100...

i put in some buy orders 22$ down to 5$, just in case we see a margin call liquidation frenzy...

great.
I don't like the bubble ( see my earlier posting).

it actually belongs to the 2 digit category.
Now it is in the 2 digit category.

It actually has great potential to be in the 1 digit category
because it was there before.

 

[maxinger]

so now the question is :

who is the illegitimate market manipulator?
is it the hedge fund managers, or the Reddit posters or ... ?

 

[smallfil]

You should include silver.

Investors who listened to Reddit - big loser

Hedge fund managers who did counter-trend trading aka kamikaze trading and
failed to manage risk - big loser

day traders who focus on charts and trade with the trend - big winner
price goes up - they earn money
price goes down - they also earn money


History always repeats itself.
And it will happen again and again and again till the end of time or
till Jesus comes again.

And all you need is the stockchart not some Reddit poster hyping GME and AMC. The irony of it is AMC and GME could be good trades after the small traders are all wiped clean. Stock prices would be cheaper to buy at low risk setups at very low prices. Then, those small traders will miss out because they have no more monies left to trade with. Just when they should be trading GME and AMC.

 

[zghorner]

Yes we got absolutely crushed today lol. My body completely bypassed pain and went straight to laughter.