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Money_Jones
Ohhh Farts
11630 Posts
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10 pages of stonks

I actually have my retirement and hsa through work with Fidelity, so that will be easy to set up a brokerage account and switch to. But I’m anticipating more bullshit with my current Ally account tomorrow. Unlike Robinhood, who just wouldn’t let you buy, Ally claims technical difficulties last 2 days as soon as market opens and can’t access account at all until about 3pm.

[Edited on January 28, 2021 at 7:03 PM. Reason : $$$]

1/28/2021 7:02:23 PM

SuperDude
All American
6913 Posts
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I grabbed BB and GME using TD Ameritrade, had an existing account. Nice to be able to do an ACH transaction and buy within thirty minutes. Looks like after hours trading is making up on the closing price. Friday gonna be a roller coaster, going to be fun hanging on for the ride.

1/28/2021 8:21:44 PM

CaelNCSU
All American
6640 Posts
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My $1000 doge from a few months ago saved my donkey losses on AMC. Fuck Stonks. Long live DOGE.

1/28/2021 9:19:18 PM

synapse
play so hard
59889 Posts
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Hey you don't lose until you sell

1/28/2021 9:50:31 PM

CaelNCSU
All American
6640 Posts
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https://www.reuters.com/article/us-retail-trading-facebook-idUSKBN29X34P

Facebook bans stock group, because sexism or whatever.

1/28/2021 10:08:54 PM

1985
All American
2142 Posts
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Im convinced this whole thing is going to bring the market to its knees. hedge funds are going to have to liquidate to cover, and the ripple will finally break the camels back

1/29/2021 1:31:59 AM

CaelNCSU
All American
6640 Posts
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Liquidated everything in my degenerate Robinhood account. Have a fidelity account for work, so guess I'm putting it all there. Any other recommendations? Also, as someone pointed out Fidelity didn't stop trading.

1/29/2021 10:23:18 AM

TragicNature
All American
11720 Posts
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Good morning all. I know d*ck about stocks but I've got $1,000 to blow. Are there any online brokerages I can join and start trading immediately?

1/29/2021 12:31:04 PM

The Coz
Tempus Fugitive
17834 Posts
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^Put it in this:

https://investor.vanguard.com/mutual-funds/profile/VFIFX

Minimum investment is $1000. Perfect match. Check back in 30 years.

1/29/2021 1:14:12 PM

StTexan
All American
1759 Posts
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Tww might no be around in 30 days much less 30 months

1/29/2021 7:39:25 PM

The Coz
Tempus Fugitive
17834 Posts
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Thanks, Captain Bring-Down!

I was talking about checking the value of the mutual fund holding in 30 years. Having TWW to report it to, and my still being alive would be nice side benefits (the latter perhaps just to me).

1/29/2021 8:02:56 PM

scud
All American
10798 Posts
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If you don't already read Matt Levine religiously...then you should. If you have any consternation about why Robinhood and other retail brokers are reacting the way they are then understanding a bit about the plumbing of how the financial industry actually works is insightful and helpful. Robinhood's actions in and of themselves should not be in question here. Their actually problem is one of transparency and the poor communications around these actions and the underlying motivations.

https://www.bloomberg.com/opinion/articles/2021-01-29/reddit-traders-on-robinhood-are-on-both-sides-of-gamestop

1/29/2021 9:18:38 PM

JT3bucky
All American
22907 Posts
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Fuck Robinhood

ZOM should go over 2 Next week. Keep eyes on it.

Got into AMC and BB WAYYYY too expensive and have had to sit and get raped all week at 15 and 20 respectively.

Ready for them to be over my average so I can get the hell out.

1/29/2021 9:49:56 PM

dweedle
All American
77201 Posts
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I was about to transfer all my stuff out of robinhood but it says there's a $75 fee f that

1/29/2021 11:03:03 PM

moron
All American
32734 Posts
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AMC and bb never had the metrics behind them like gme. Gme is a shaky bet as it is, but amc and bb seem like just dumb plays unless you’re looking at intraday volatility. Speaking of dumb plays, I did buy a little bit of doge in case it moons but I’m pretty sure I’m losing that money...

1/30/2021 1:19:34 AM

synapse
play so hard
59889 Posts
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Thanks for the post scud good stuff

^^ fuck that place. Come to fidelity the water is fine.

1/30/2021 10:56:42 AM

SuperDude
All American
6913 Posts
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The conditions aren't there for some of the other 'hype' stocks to do what GME is doing. GME is more heavily shorted than the others.

That said, AMC is nearly 80% short interest and ranked #2 on the list of high short interest stocks by percentage (GME is still #1 at 121%). Think it ends up being a self-fulfilling prophecy, folks are doubling down on the shorts because they know its overvalued but if there's enough hype, then we could see another GME. It wasn't ranked that high the week prior, a lot of what's added is likely from what happened this week.

BB doesn't have the same short potential, it has been touted as more of a long term buy. They're partnering with blue chippers on things like EV and such and folks are banking on them riding the coattails to success.

1/30/2021 11:54:42 AM

CaelNCSU
All American
6640 Posts
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I'm wondering how long the Robinhood out transfer is going to take. I had two small transfers in from earlier in the month and they still show as pending even though they've cleared my bank account.

The two small transfers was the only amount I couldn't transfer out. If the orders out are backed up and they have actual liquidity issues I may be looking at a hell of a wait time.

I was not charged to transfer out.

[Edited on January 30, 2021 at 12:01 PM. Reason : A]

1/30/2021 11:59:57 AM

dweedle
All American
77201 Posts
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I just happen to have a Fidelity account already open from 2008ish from a Roth IRA that I never got going lol

gonna leave robinhood open but will start using Fidelity for most things (just getting started in stock market shenaniganry)

1/30/2021 12:22:42 PM

The Coz
Tempus Fugitive
17834 Posts
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If this speculative mania morphs into a full-fledged market panic and tanks my retirement plan, I'm going to remember this thread with disdain and personally blame all of you.

1/30/2021 1:05:01 PM

HaLo
All American
13254 Posts
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Paper losses bro

1/30/2021 3:30:34 PM

Money_Jones
Ohhh Farts
11630 Posts
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[Edited on January 30, 2021 at 4:26 PM. Reason : $$$]

1/30/2021 4:24:51 PM

moron
All American
32734 Posts
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Quote :
"I'm wondering how long the Robinhood out transfer is going to take. I had two small transfers in from earlier in the month and they still show as pending even though they've cleared my bank account.

The two small transfers was the only amount I couldn't transfer out. If the orders out are backed up and they have actual liquidity issues I may be looking at a hell of a wait time.
"


I initiated a transfer from RH to fidelity on wednesday, and i was able to spend it in fidelity on thursday.

1/30/2021 5:30:24 PM

synapse
play so hard
59889 Posts
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My Fidelity let me start trading incoming money right away, pretty sure that was before I made it a margin account too

Maybe because the incoming part was a small % of my holdings so they knew they could get their $ if the transfer failed

1/30/2021 6:57:17 PM

JT3bucky
All American
22907 Posts
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Quote :
"BB doesn't have the same short potential, it has been touted as more of a long term buy. They're partnering with blue chippers on things like EV and such and folks are banking on them riding the coattails to success.

"


Thats why I got in, for the EV and work with Amazon they're doing. It just so happened to be when prices were highest for BB at the time when all the other meme stocks were taking off.

I'm not worried about BB, that is a long term hold for me like Cleanspark was.

AMC is the worry that I have, considering it's been shorted but not like GME. I believe if it gets over 16 Tomorrow I will sell and wait for a drop in AMC. I missed out on GME.

1/31/2021 6:01:38 PM

The Coz
Tempus Fugitive
17834 Posts
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I really missed my best chance to lose a lot of money by being reckless.

Wat do?

1/31/2021 6:47:51 PM

PaulISdead
All American
7787 Posts
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Reddit economists have calculated that the stock market will collapse when GME share price reaches $69,420

2/1/2021 8:59:00 AM

HaLo
All American
13254 Posts
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I did a full account transfer to fidelity from robinhood (didn’t liquidate just transferred positions, so $75 fee but didn’t lose long term capital gains status) on Wednesday after the bullshit. The transfer is already pending in my fidelity acct, glad to see robinhood didn’t play any games with the transfer.

2/1/2021 9:53:02 AM

craptastic
All American
6114 Posts
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I opened a Fidelity account with the intent of getting rid of the Robinhood account, but I decided I’ll keep the Robinhood account and convert it to a cash account for more flexibility with day trades.

2/1/2021 9:17:57 PM

CaelNCSU
All American
6640 Posts
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Still nothing on fidelity. Can see transactions but nothing is available.

2/1/2021 11:05:36 PM

afripino
All American
10615 Posts
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AMC to the moon!

2/2/2021 3:06:28 AM

packboozie
All American
17282 Posts
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AMC and NAKD wayy down today. Buy the dips? Is this shit for real or nah?

2/2/2021 7:34:59 PM

JT3bucky
All American
22907 Posts
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Nah,

I held wayyyy too long. Bag holder now. Who knows, could shoot back to 15 tomorrow but doubtful.

2/2/2021 9:28:39 PM

CaelNCSU
All American
6640 Posts
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The only money I kept in Robinhood was AMC options. It has dropped about 90% so far.

2/2/2021 10:23:57 PM

moron
All American
32734 Posts
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made some money on GME puts yesterday... basically recouped what I lost waiting for the supposed squeeze that never came

Made a 300% gain on SNE calls today though

2/3/2021 11:09:01 AM

The Coz
Tempus Fugitive
17834 Posts
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How's your pump and dump stonks doing?

2/6/2021 7:44:42 AM

Jrb599
All American
8826 Posts
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Stupid person here.

The stock go from ~$5 -> $500, Wasn't that the squeeze?

[Edited on February 10, 2021 at 1:17 PM. Reason : ]

2/10/2021 1:14:36 PM

synapse
play so hard
59889 Posts
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https://www.investopedia.com/terms/s/shortsqueeze.asp

2/10/2021 1:46:27 PM

TreeTwista10
Laugh, Think, Cry
142769 Posts
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y'all getting on them weed stocks?

2/10/2021 5:13:31 PM

The Coz
Tempus Fugitive
17834 Posts
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I'm getting in on all the stocks.

2/10/2021 7:10:44 PM

synapse
play so hard
59889 Posts
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*stonks

2/10/2021 7:23:51 PM

The Coz
Tempus Fugitive
17834 Posts
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Oops, yes, thanks.

2/10/2021 7:33:03 PM

moron
All American
32734 Posts
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I had meant to go long on cannabis stocks back when Biden won but never got around to it. I'm skeptical these canadian stocks will have staying power though. I'd expect any laws passed would have preferential treatment for domestic companies... regardless i had my single largest gain on SNDL today

2/11/2021 12:17:06 AM

JT3bucky
All American
22907 Posts
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Ammo companies will be bigger than these weed stocks.

POWW is a good one, a lot like ZOM was early on.

I've been following the At Home Covid test by Lucira Health, I feel like they're going to get a huge contract soon and go to the Moon.

2/14/2021 4:36:01 PM

Mr. Joshua
we want chilly willy
43871 Posts
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Picked up some GHVI today. Anyone else watching it?

2/16/2021 4:11:58 PM

HaLo
All American
13254 Posts
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Nah they sound like a bunch of dicks

2/16/2021 7:13:40 PM

JT3bucky
All American
22907 Posts
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Relatively unmoved today...why the interest in GHVI?

Luciria didnt do a dang thang for me, so im onto some other pennies.

2/16/2021 9:43:08 PM

Mr. Joshua
we want chilly willy
43871 Posts
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Honestly, I saw someone mention it on twitter and then did some digging on it.

Bought some NOVS last month, which doubled around the time it changed to APPH. Kicking myself for not picking up more.

2/17/2021 12:23:21 PM

synapse
play so hard
59889 Posts
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sold my tsla earlier today

2/18/2021 7:27:46 PM

David0603
All American
12722 Posts
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eyeing IPOE and IPOF

2/19/2021 5:07:44 PM

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