Reply to: Stock Market battle - when the little guys fight back

[AtW]

And who can possibly be buying after hours?

[edison]

So Gamestop shares fell 44% today but were up 34% in after hours trading.

Absolute madness.

[TheGreenBastard]

Do you actually read the comments on reddit from those people? It says the exact thing that I said there.

Yes, and I agree with both Redditors and you on the GME topic, the "America is hell" stuff is just hilarious nonsense. My "Trading 212 is a private company and can do as it likes" quip was a nod towards "liberal" minded people using that very same excuse when it came to banning Trump on Twitter, it becomes less valid when its their own trading accounts or opposition of Putin get the same treatment.

[GigiBronz]

Just been on 212 and you can no longer trade long on GME or AMC : trading212

The little guy can no longer participate, this is OK though, Trading 212 is a private company and can do as it likes.



I hate to break it to you but the US is one of the finest places to be a private individual, classic Eurotrash (with a chip on their shoulder) over-dramatisation.

Do you actually read the comments on reddit from those people? It says the exact thing that I said there.

[NotAllThere]

blibble

Thanks for your contribution.

[cannon999]

Just been on 212 and you can no longer trade long on GME or AMC : trading212

The little guy can no longer participate, this is OK though, Trading 212 is a private company and can do as it likes.



I hate to break it to you but the US is one of the finest places to be a private individual, classic Eurotrash (with a chip on their shoulder) over-dramatisation.

Doesn't matter as long as they hold the existing shares.

[northernladuk]

Well, there is a healthy dose of paranoia over there.

There are theories that Mods are 'being offered sums' to blow up on Twitter in order to get the sub closed down.

*starts thinking about the stocks and shares thread...*

If they are anything like ours then they'll f**k it up some time in about three weeks.

[AtW]

Just been on 212 and you can no longer trade long on GME or AMC : trading212

The little guy can no longer participate, this is OK though, Trading 212 is a private company and can do as it likes.

Maybe nobody is selling and what's "sold" is fugazi - a reverse of naked short

[AtW]

I hate to break it to you but the US is one of the finest places to be a private individual

As long as you've got the money

[TheGreenBastard]

Just been on 212 and you can no longer trade long on GME or AMC : trading212

The little guy can no longer participate, this is OK though, Trading 212 is a private company and can do as it likes.

Those people have nothing to win, they are stuck in the American capitalist hell.

Making payments to student loans, car payments, health insurance bills, eye watering rents.

They don't care about the risk because they are already living in hell, the excitement of trading is already the best reward to them. Worse can they return to their miserable life.

I hate to break it to you but the US is one of the finest places to be a private individual, classic Eurotrash (with a chip on their shoulder) over-dramatisation.

[GigiBronz]

Those people have nothing to win, they are stuck in the American capitalist hell.

Making payments to student loans, car payments, health insurance bills, eye watering rents.

They don't care about the risk because they are already living in hell, the excitement of trading is already the best reward to them. Worse can they return to their miserable life.

This is a wonderful thing and how the little guy fights back to warlord capitalists. Let's be honest, anyone that has read a book or two in finance is well aware that that thing is 1000 less worse than what they are doing on daily basis.

Those redditors have more courage to fight for their rights than you old farts standing in front of your PC being contempt that the system has thrown a few crumbles your way and that you have tenants keeping you in your clouds and allowing you to pronounce prosecco.




But yeah... they'll be crashed petty soon

[AtW]

Long term we are all going to be dead

In the meantime some of the short sellers will be moving back in with parents

[edison]

I don't doubt that some short sellers might be feeling the pain and losses in the short term but there's a reason why many of those people in the Reddit forums are still living at home with their parents and people who run hedge funds live in multi-million pound houses. Long term, we know who the winners are when it comes to the stock market.

[cojak]

And if you don't know what the feck is going on, or what we are talking about, this is a good primer.

What is GameStop, where do the memes come in, and who is winning or losing? | Stock markets | The Guardian

[cojak]

Are we sure all the "little guys" on reddit are actually "little guys"?

Well, there is a healthy dose of paranoia over there.

There are theories that Mods are 'being offered sums' to blow up on Twitter in order to get the sub closed down.

*starts thinking about the stocks and shares thread...*