Share your stock Entry and Exit as you make them thread

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blueclassring said:
The issue with gme is there is still lots of shares shorted about 138% of the avail.shares.
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Friendly advice. I would take profit tomorrow bc you know that people are going to start taking profit on Friday prior to the weekend. Once people start mass starting profit, those same hedge funds will pile in the shorts and ride it down.
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After hours is so ugly. Glad I took some profits now....
 
ValeRx said:
Those of you with Vanguard Roth IRA... what funds are you buying? I own a few VTI but I just maxed out for the year over the weekend so I need to make some purchases.
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VOOG...
 
GME has become a mainstream trade. Every noobs who have no business trading had come up to me and mentioned it. Wsb gained 2M new members to 4M in 7 days. We are almost there, the top before the crash. Hope you pick the right price to enter and exit.
 
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Momus said:
GME has become a mainstream trade. Every noobs who have no business trading had come up to me and mentioned it. Wsb gained 2M new members to 4M in 7 days. We are almost there, the top before the crash. Hope you pick the right price to enter and exit.
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FOMO gets everyone at least once. I remember buying into ethereum at the top during the last crypto bubble. Lost $3000 and haven't touched crypto since. The best thing anyone can learn who wants to trade is there will always be another great trade you can make around the corner.
 
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owlegrad said:
Wow I am up about 500% for AMC. I sold half and am just going to enjoy whatever happens next.
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I bought $3 calls for Jan 22 and Jan 23 for AMC last week (break even point was ~$5 including the premium). Will probably close out my positions tomorrow
 
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Gombrich12 said:
FOMO gets everyone at least once. I remember buying into ethereum at the top during the last crypto bubble. Lost $3000 and haven't touched crypto since. The best thing anyone can learn who wants to trade is there will always be another great trade you can make around the corner.
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I learned if there's something you keep seeing hype or are gonna keep checking the price of, just buy alittle piece so you aren't left in the dark if something surprising happens. Unfortunately its a lesson i have to keep learning.

We all saw Amc at $2. If I just threw 2k at it that would be almost 18k in profits at today's peak 😐. Now if I could put my money where my mouth is.....
 
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JackMasterOfAll said:
You bought in last April and didn't see growth? What the heck did you buy?
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Airlines, Cruise line, EV company, and ETFs because I was shotgunning things from an adrenaline rush doing something I know nothing about. I was assuming they would recover last summer so I held them for a while.

I shouldn’t have said I didn’t see growth because I did my account did grow by $2k, but I also only invested $2k from an old rollover retirement account so I wasn’t really expecting much. At the time when I started investing, I didn’t expect the pandemic to last this long, so I continued to hold and forget about the account. One of the ETFs I had profited $1k when I sold it this week.
 
Can't even buy GME, AMC, BB or NKA on RH anymore. You can close your positions though.

LOL
 
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Sine Cura said:
Can't even buy GME, AMC, BB or NKA on RH anymore. You can close your positions though.

LOL
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Who is left to buy beside hedge funds covering? More than 50% wsb are RH customers
 
dingdong28 said:
Airlines, Cruise line, EV company, and ETFs because I was shotgunning things from an adrenaline rush doing something I know nothing about. I was assuming they would recover last summer so I held them for a while.

I shouldn’t have said I didn’t see growth because I did my account did grow by $2k, but I also only invested $2k from an old rollover retirement account so I wasn’t really expecting much. At the time when I started investing, I didn’t expect the pandemic to last this long, so I continued to hold and forget about the account. One of the ETFs I had profited $1k when I sold it this week.
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Right, you didn't make a lot in terms of numerical value, but to be fair, if you had invested let's say 100k into the same things, you'd have gotten back 100k.
 
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JackMasterOfAll said:
Right, you didn't make a lot in terms of numerical value, but to be fair, if you had invested let's say 100k into the same things, you'd have gotten back 100k.
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Yes, very good point. Unfortunately, I didn't have more to invest at the time I started. Instead of continuing to increase my investment account, I focused more on paying debt off. I wish I invested more instead of paying off the debt, but now I can finish my undergrad degree, sit for another certification exam and make more money that can be used for investments
 
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Ally brokerage (LOL) is down.
TD Ameritrade doesn't let you trade options until funds settlement

Can't afford straight calls anyway (GME $570c 1/29 got filled at $20.00 this morning ; ;
 
Basically taking $2,750 of Wed's gain and 'reinvesting'

Of course now at $230
 

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I don't have any money in GME or any of the memes other than few bucks on NOK, but man someone who lost out on a million dollars because robinhood and other brokerages were strong armed by hedge funds and politicians into this might do something extreme.
 
I think people need to read up more on why buying was stopped
 
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RH makes it easy to trade extremely OTM options so RH blocking buys cuts a huge chunk of those yolos
 
Robinhood is now pursuing it's credit lines.

This had little to do with being strong armed and all to do with money issues
 
wagrxm2000 said:
I think people need to read up more on why buying was stopped
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Yeah, the company that processes Robinhood's trades bailed out Melvin Capital and told Robinhood to stop allowing buying so the price can go back down and the hedge funds can minimize their losses. It is Wall Street striking back.
 
wagrxm2000 said:
For one Citadel just stated they did not instruct anyone to block those stocks.
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That's a blatant lie.

You know you are right when you have AOC, Ted Cruz, Dave Portnoy, Mark Cuban, Donald Trump Jr, Rashida Tlaib all agreeing with you. What happened today was all about the big boys banding together to prevent the little guys from fking them over too much. Apparently over $70 billion was lost by the hedge funds in the past week.

You can talk all you want about these hedge funds being responsible for retirement plans and pensions, and I'm just gonna tell you that none of us give a **** about them.

It's socialism for the rich and rugged individualism for the poor.
 
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Sparda29 said:
That's a blatant lie.

You know you are right when you have AOC, Ted Cruz, Dave Portnoy, Mark Cuban, Donald Trump Jr, Rashida Tlaib all agreeing with you. What happened today was all about the big boys banding together to prevent the little guys from fking them over too much. Apparently over $70 billion was lost by the hedge funds in the past week.

You can talk all you want about these hedge funds being responsible for retirement plans and pensions, and I'm just gonna tell you that none of us give a **** about them.

It's socialism for the rich and rugged individualism for the poor.
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And as much as it sucks to watch my small caps swing wildly as collateral damage I will happily take it for the change it's spurring. It's insane that a single tweet by Citron could tank a stock by 20-30% in a day because people knew the short attack was coming, when in reality it had already been started.
 
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Maybe I am hopelessly naive but I don’t think RH was being malicious or in cahoots with anyone. If anything they are trying to save themselves from having too many users lose all their money when this thing crashes.
 
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owlegrad said:
Maybe I am hopelessly naive but I don’t think RH was being malicious or in cahoots with anyone. If anything they are trying to save themselves from having too many users lose all their money when this thing crashes.
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The stocks would have continued to soar if people had the option to buy. People who bought at the peak yesterday did lose money because of Robinhood's actions as people started to panic sell.
 
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owlegrad said:
Maybe I am hopelessly naive but I don’t think RH was being malicious or in cahoots with anyone. If anything they are trying to save themselves from having too many users lose all their money when this thing crashes.
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RH alone causes the stock to crash lol if GME spikes to $700-800, all the hedge funds were on target to lose 100-200 billions dollar which will trigger auto sell on long positions in order to meet margin calls.
 
Gombrich12 said:
FOMO gets everyone at least once. I remember buying into ethereum at the top during the last crypto bubble. Lost $3000 and haven't touched crypto since. The best thing anyone can learn who wants to trade is there will always be another great trade you can make around the corner.
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I did something similar, but lost $9k. Claimed capital losses, enjoyed the tax bennies, bought back in over time, up over x10 cost basis, long term cap gains, may retire this bull run if we x10 again.
 
owlegrad said:
Maybe I am hopelessly naive but I don’t think RH was being malicious or in cahoots with anyone. If anything they are trying to save themselves from having too many users lose all their money when this thing crashes.
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I'm glad someone is sane here.

Just read or watch this

finance.yahoo.com

Webull CEO: Here's why Robinhood is restricting users from buying stocks like GameStop

Webull CEO Anthony Denier joins Yahoo Finance Live to discuss how heavily shorted stocks are faring this week and break down why Robinhood restricted its users from buying surging stocks like GameStop, AMC, and BlackBerry.
finance.yahoo.com finance.yahoo.com
 
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I think that’s right, because whoever pulls the lever at Robin Hood knows that if they’re doing anything malicious that it would be a big time screw up.

With that said, it only brings more attention to the current situation, which I don’t think it’s a bad thing at this point
 
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What's going on with dogecoin? 400%+ in a couple of days
 
Sparda29 said:
The stocks would have continued to soar if people had the option to buy. People who bought at the peak yesterday did lose money because of Robinhood's actions as people started to panic sell.
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I mean you realize it’s unsustainable right? Regardless of RH it can’t stay that high forever. If RH suspending buying is enough to crash the stock think of what that means in terms of how people value the stock.
 
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owlegrad said:
I mean you realize it’s unsustainable right? Regardless of RH it can’t stay that high forever. If RH suspending buying is enough to crash the stock think of what that means in terms of how people value the stock.
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The system is rigged! RH will cease to exist after that debacle.
 
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Splenda88 said:
The system is rigged! RH will cease to exist after that debacle.
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People certainly are mad at them. I wonder who they will be mad at when they lose all their money and who they will blame. “Why did XXX let us do this?!”

Although people should be free to throw away their money on whatever they want, so in that sense I do think RH was wrong to suspend buying.
 
Also it wasn’t just RH that suspended buying so if people do leave RH for another platform which one will they go to?

If Robinhood is sued or goes out of business from people leaving what happens to my stocks?
 
wagrxm2000 said:
I'm glad someone is sane here.

Just read or watch this

finance.yahoo.com

Webull CEO: Here's why Robinhood is restricting users from buying stocks like GameStop

Webull CEO Anthony Denier joins Yahoo Finance Live to discuss how heavily shorted stocks are faring this week and break down why Robinhood restricted its users from buying surging stocks like GameStop, AMC, and BlackBerry.
finance.yahoo.com finance.yahoo.com
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Didn't RH receive massive amount of $ (5-8x more than other brokerages) from selling payment of order flow to Citadel who just dropped 2.6B to Melvin Capital to bail them out?

Citadel could clearly see everything behind the scene. Just imagine what kind of trades you can do with that information.
 
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