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The Official GME shares thread

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    Originally posted by TheGreenBastard View Post
    Robinhood is aiming to IPO too, so this is gonna be interesting
    Yeah, but the kids can only pump the share price, rather than short (which hedge funds, owners of RH - can!), so there!

    Putting limits on full share purchase / sale should be illegal, that's not derivative where risk to broker is involved, unless said broken is fooking about and not actually buying/selling shares that customer requests, but instead uses derivatives to create illusion of real shares being owned by the said customers!

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      Melvin Capital Lost 53% in January, Hurt by GameStop and Other Bets - WSJ

      “ New and existing clients have signed up to invest money into Melvin on Feb. 1, according to the people familiar with the matter. It was unclear how much they would be adding.”

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        And we just like the stock...
        "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
        - Voltaire/Benjamin Franklin/Anne Frank...

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          A 10-year-old investor made big bucks on the GameStop shares he got for Kwanzaa - CNN

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            And now its Silver. Will be interesting to see how this is cracked down on.

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              Originally posted by BrilloPad View Post
              And now its Silver. Will be interesting to see how this is cracked down on.
              I was sceptical these guys could move a commodity market but it certainly looks like they have.

              I won't be shedding any tears for the likes of JP Morgan who have been allegedly manipulating the gold and silver markets, with naked shorting, for years.
              Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

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                Algos detect new (sufficiently large) demand and push price up

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                  Originally posted by DealorNoDeal View Post
                  I was sceptical these guys could move a commodity market but it certainly looks like they have.

                  I won't be shedding any tears for the likes of JP Morgan who have been allegedly manipulating the gold and silver markets, with naked shorting, for years.
                  And I guess neither for the idiots who are left holding silver when the market crashes?

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                    Originally posted by AtW View Post
                    Algos detect new (sufficiently large) demand and push price up
                    Have you read Flash Boys - Wikipedia ? According to that as soon as a buyer appears all quotes are withdrawn!

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                      “ 325.00 USD +131.40 (67.87%)
                      Closed: 1 Feb, 06:01 GMT-5 · Disclaimer
                      Pre-market 338.88 +13.88 (4.27%)”

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