Wealth moves from the impatient to the patient....
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Circuit-breaker points represent the thresholds at which trading is halted market-wide for single-day declines in the S&P 500 Index. Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day.
$AMC I think I will join you, after this halt is up. Watching for a bottom here. It's coming!
People being fearful and selling, and also they are pushing it down to cover... The more people sell, the easier they push it down.
Halted again!
Absolutely... I am going to close my little play fund I have there... Lot's of peeps already leaving them.
It is craziness, but so much fun to watch and make some $$$
They're shaking the tree hard this morning... LOL
Lot's of people hammering on RH for removing SNDL from Buys... This is some crazy chit. I have been in the market for over 20 years and this kind of stuff is rare, but crazy fun, and good ops to make $$$...
Screw RH... time to close that account.
555.07% Profit and now they lose my business. I am reading a lot of people are doing the same...
$SNDL
That is a bunch of BS...
Robinhood has completely restricted buying SNDL
Does anybody else Use RobinHood? I check for SNDL on RH and can't find them... WTF???
PS... I use TD... RH is my slushy fund... lol
$SNDL 3rd halt... crazy rides today!
Can't log into RH right now. My TD is fine.
$AMC
$SNDL Looking very nice this morning... Damn nice profit here. May sell half, which will cover my whole position and let the rest ride...
Gratz for staying strong and holding. Your account has to be looking nice today!
The rich get pissed when you take their $$$$.... they're pulling out all the stops on the news and blocking social media to try and stop the small trader from making $$$$...
Anybody selling fear is being greedy. Buy the fear, sell the greed!!
Right now, there seems to be a lot more fear...
Nothing is getting shut down. Geezz... LMAO...
Don't need to pump. Volume and options speaks for itself.
They're trying everything to shake the tree for shares...
#SaveAMC
$AMC
$AMC Basically the same thing in GME
$AMC Accumulation is high. People buying and holding in anticipation of the same thing happening here, as is on GME....
And burn like the rest? Please short this... LMAO!
Yep, then China and back to "We The People"... $AMC
$AMC #1 on Reddit.... lots of people in this... AH is coming!
Exactly correct! $AMC
I think it is very possible by tomorrow close... $AMC
Not really... what are they going to do? As long as people don't give false information, there is not much they can do. Don't give advice, unless your a broker. We are just buying and selling...
$AMC
$AMC is crazy insane! About 3x the OS. Love seeing this...
Chamath Palihapitiya joined Scott Wapner on CNBC’s “Halftime Report” to discuss his recent purchase of GameStop Corp (NYSE: GME) options. The so-called "SPAC King" was part of a heated exchange with Wapner to discuss the recent run-up in the price of GameStop. Palihapitiya, who purchased calls in GameStop with a strike price of $115, told Wapner he sold the options.
Here are 10 memorable quotes and moments from the CNBC interview.
1. “There is no difference between the retail trader and the billion-dollar hedge fund manager,” Palihapitiya said. “We’re seeing sophistication in retail trading.”
2. The investor added that retail investors have more tools for research than they did before. “You’re really discounting how smart some of these people are,” Palihapitiya said, telling Wapner to spend some time on the WallStreetBets subreddit or on Discord.
3. One of the positives from the GameStop price increase and the rise of the retail trader has been people being able to pay off their mortgages and student loans, Palihapitiya said citing Reddit posts.
4. “This is a joke,” Palihapitiya said when asked if it was irresponsible to be investing in GameStop.
5. The lack of integrity in the system was a precursor to GameStop being over 140% short, Palihapitiya said.
6. Palihapitiya told Wapner retail investors have been hurt before when asked about the hedge funds losing billions of dollars from the GameStop trades. “Retail has been the bagholder before,” Palihapitiya said, referring to owning financial stocks during the financial crisis and time when banks were bailed out by the government.
7. “What happened in GameStop wasn’t a disagreement about fundamental valuation,” he said, noting that this movement was portfolio management arbitrage.
8. “I think that what we’re seeing is a pushback against the establishment.”
9. “Every hedge fund was wrong on Tesla,” Palihapitiya told Wapner when discussing the inaccuracies from hedge funds. Palihapitiya is an investor in Tesla Inc (NASDAQ: TSLA) and said he has his own valuation model for the company that hedge funds are missing.
10. “The retail phenomenon is here to stay.”
The 30 Minute is just heating up and getting started again...
$AMC
Pretty much the same, but you have to change the Time to GTC+EXT for after hours or pre-market.
Right ... it's about time people can get together and share their opinions in a more international forum and have a chance to benefit from it. Hopefully this will continue.
Reddit has to be liking all the attention too.
$AMC
Exactly... I call BS too... Damn whiney rich people...
$AMC
How I would like to be a fly on the wall of some of the brokerages... :))
MM's must be shatting on themselves with all the share they have to buy. LOL
Over 1 million options bought/sold today...
900 Million Volume with 2 and half hours to go... Amazing. The pressure cooker is hot... Already traded about 2.3 times it's OS.
That looks to be happening now... $AMC
The news is full of beyatching rich people crying foal... why? because they are having a harder time ripping the 99% off... ahh poor babies!