Share Picks 2021 - Thread banned users post #1

Bodjhrjekekr

Bodjhrjekekr wrote: »

Has any other broker stopped allowing buy for GME etc or just Robinhood? Is Trading 212 the same? Revolut seems fine and etoro

212 has stopped buying for those shares.

VinLieger

Shedite27 wrote: »

There's gonna be a serious investigation into this.

Robinhood stopped buying, taking down the demand side so reducing the price.

Leaving sales open tho meant that people could still sell, but TO WHO? If I can't buy on Robinhood, but can sell on Robinhood, so where are the shares going? They going to the fund managers, to cover shorts? Someone has to be buying the shares. Shares don't just disappear.

The movie made out of this is gonna be great

They are apparently owned or at least have investment from Citadel who bailed out Melvin

dan786

If this stays 300+ today after the buying bans, there will be killings tomorrow

GoldFour4

Bodjhrjekekr wrote: »

Has any other broker stopped allowing buy for GME etc or just Robinhood? Is Trading 212 the same? Revolut seems fine and etoro

Robinhood alone is enough to ruin this though with its popularity in the US I think unfortunately.

There was pieces online yesterday about how RH sell information to hedge funds and that's how it makes money. This stinks of them giving into the funds demands for the sake of its user base. Hopefully an alternative breaks onto the scene.

VinLieger

dan786 wrote: »

If this stays 300+ today after the buying bans, there will be killings tomorrow

Killings in more ways than just on the market, people are gonna disappear from any app that was involved

awec

So do we predict a dip once the market opens?

Johnny_Fontane

this is like poking the hornets nest.

dan786

Would be fun if Musk bought just to go against brokers. His tweet made a huge impact few days ago and he again tweeted last night against discord after they banned WSB server

dan786

awec wrote: »

So do we predict a dip once the market opens?

Massive dip. It went to 249 yesterday shortly after open, will dip lower today. It went to around 220 after WSB went down for a short while last night.

circadian

awec wrote: »

So do we predict a dip once the market opens?

I'd suspect there will be the initial panic sell off but there's a large cohort willing to hold and will buy up positions from other brokers when their accounts clear. How long that takes is anyones guess if there's an influx of hundreds of thousands of users.


Either way, I think RobinHood is finished unless they resolve it before opening.

peterofthebr

A tweet from Elon can be deemed influencing people. Ie. Manipulation

Supercell

CCIV was $18.50 premarket this morning now $23 , frustrating not being able to participate.

Heart Break Kid

peterofthebr wrote: »

A tweet from Elon can be deemed influencing people. Ie. Manipulation

Is it any different from an analyst sharing their opinion on a stock?

peterofthebr

I see on twr people in usa suggesting other platforms that are not blocking these stocks. So it's possible price will go down today and tomorrow but back up next week when people are able to use the new platforms (they have switched to).. As it takes a few days to get setup on a new trading platform

circadian

peterofthebr wrote: »

I see on twr people in usa suggesting other platforms that are not blocking these stocks. So it's possible price will go down today and tomorrow but back up next week when people are able to use the new platforms (they have switched to).. As it takes a few days to get setup on a new trading platform

By then the shorts will have covered at a lower loss than they would if retail buyers were unimpeded. After that it's done, there's nothing to squeeze.

circadian

Less than 5 mins for the first halt of the day? I'd say so.

GoldFour4

Robinhood statement now about volatility being the reason for suspending positions. Absolutely crazy.

dan786

Will be halts galore today to take out the retail investors so the big boys can make their money back

EnzoScifo

malistheman wrote: »

Robinhood statement now about volatility being the reason for suspending positions. Absolutely crazy.

They are finished

dan786

Power of Reddit - Robinhood goes to 1 star on trustpilot and T212 down to 3.7

Outkast_IRE

peterofthebr wrote: »

A tweet from Elon can be deemed influencing people. Ie. Manipulation

Its only manipulation if he has an interest in the stock or insider info. He can tweet about companies he has no interest in freely.

Daz_

For the newbie , why are some stocks not available on Revolut , eg Ryanair , Koss?

Kamu

dan786 wrote: »

Power of Reddit - Robinhood goes to 1 star on trustpilot and T212 down to 3.7

They've completely fecked over basically their entire userbase, they won't forget that.

dan786

Daz_ wrote: »

For the newbie , why are some stocks not available on Revolut , eg Ryanair , Koss?

Possibly the broker they use dont offer those. Revolut is not great for diversity

dan786

HERE WE GO....

drunkmonkey

How to get exposure to Gold and Silver? Can't trade th US etf's.

awec

Heading up.

Underground

drunkmonkey wrote: »

How to get exposure to Gold and Silver? Can't trade th US etf's.

Revolut.

circadian

circadian wrote: »

Less than 5 mins for the first halt of the day? I'd say so.

1 minute it took.

thomas 123

awec wrote: »

Heading up.

Honestly amazing.