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Wall St vs Main St: Wallstreetbets’ battle against scummy hedge funds

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Old 01-28-2021, 01:14 PM
  #121  
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i'm back in with GameStop because fuck'em!
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Old 01-28-2021, 01:17 PM
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Originally Posted by Mizouse
whoops..

reposting for those that don't scroll (like myself )
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Old 01-28-2021, 01:31 PM
  #123  
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Originally Posted by Mizouse
i'm back in with GameStop because fuck'em!
How?
Old 01-28-2021, 01:34 PM
  #124  
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Originally Posted by Whiskers
How?
Schwab.
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Old 01-28-2021, 01:42 PM
  #125  
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Webull is back.

Old 01-28-2021, 01:46 PM
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Originally Posted by Mizouse
Meh its tanking like Apple
Old 01-28-2021, 01:55 PM
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Etrade isnt allowing users to buy GME anymore...
Old 01-28-2021, 02:01 PM
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So, anyone become BoostedJack rich?
Old 01-28-2021, 02:06 PM
  #129  
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Originally Posted by Yumcha
So, anyone become BoostedJack rich?
based on some of the screenshots ive seen, no not quite boostedjack. Maybe 1/10th boostedjack?
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Old 01-28-2021, 02:07 PM
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Originally Posted by Yumcha
So, anyone become BoostedJack rich?
How rich was he (supposedly) ?
Old 01-28-2021, 02:15 PM
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Originally Posted by Ken1997TL
How rich was he (supposedly) ?
He's richer than Bezos, Musk, Gates, and ImpeachedTwiceDon's imaginary wealth put together.
Old 01-28-2021, 02:23 PM
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Originally Posted by Curious3GTL
So far here are the people coming out AGAINST Robinhood: Rashida Tlaib, Ben Shapiro, Mark Cuban, David Portony, AOC, Elon Musk, Donald Trump Jr, Ja Rule, Ted Lieu, Cameron Winkelvoss, Ken Bone, Ted Cruz, Kevin O'Leary, and Chamath Palihapitiya. I am sure more to come.

Congratulations to Robinhood! You have managed to unite the country!
Somebody called Ja Rule to make sense of all this. :45

Last edited by Rick_TL-S; 01-28-2021 at 02:25 PM.
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Old 01-28-2021, 02:23 PM
  #133  
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Originally Posted by Yumcha
He's richer than Bezos, Musk, Gates, and ImpeachedTwiceDon's imaginary wealth put together.

So then he is basically broke huh?
Old 01-28-2021, 02:27 PM
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Old 01-28-2021, 02:30 PM
  #135  
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too bad i have my Tesla shares in RH otherwise I'd leave em.
Old 01-28-2021, 02:31 PM
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I would be surprised if RH survives this.
Old 01-28-2021, 02:32 PM
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Treasury secretary Yellen received $800G from hedge fund at center of Robinhood contr

Newly-confirmed Treasury Secretary Janet Yellen received around $810,000 in speaking fees from the hedge fund that bailed out one of the primary losers in the recent Gamestop frenzy.

Yellen's financial disclosure shows her making $337,500 for multiple days in Oct. of 2020 from Citadel. She similarly banked $292,500 in October of 2019 and $180,000 in December of that year.

The Senate confirmed Yellen on Monday, making her the first female secretary of the department. She previously chaired the Federal Reserve after an appointment by former President Obama.

Both Citadel and Point72 infused almost $3 billion into Melvin Capital, which saw massive losses after betting against the video game retailer Gamestop. The White House said on Wednesday that Yellen was monitoring the situation.

Citadel founder Ken Griffin has invested in Robinhood, the trading app that helped fuel the massive stock activity that hit Melvin Capital.

Robinhood said Thursday investors would only be able to sell their positions and not open new ones in some cases, and Robinhood will try to slow the amount of trading using borrowed money.

GameStop stock has rocketed from below $20 earlier to close around $350 Wednesday. The action was even wilder Thursday: The stock swung between $112 and $483. At midday it was down 27% at $255.
https://www.foxnews.com/politics/yel...-speaking-fees
Old 01-28-2021, 02:35 PM
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Originally Posted by Mizouse
too bad i have my Tesla shares in RH otherwise I'd leave em.
transfer assets to Schwab
Old 01-28-2021, 02:43 PM
  #139  
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Old 01-28-2021, 02:44 PM
  #140  
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Old 01-28-2021, 02:50 PM
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they need to include all stocks that were restricted.
Old 01-28-2021, 03:07 PM
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Old 01-28-2021, 03:16 PM
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RH has some of my Apple stock. Looks like its worthless anyway
Old 01-28-2021, 03:20 PM
  #144  
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Originally Posted by Mizouse
too bad i have my Tesla shares in RH otherwise I'd leave em.
Originally Posted by thoiboi
transfer assets to Schwab
Originally Posted by Whiskers
RH has some of my Apple stock. Looks like its worthless anyway
https://robinhood.com/us/en/support/...nhood-account/


IIRC Schwab will likely reimburse the fee RH charges to transfer out as well, i'd ask them
Old 01-28-2021, 03:20 PM
  #145  
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GME After hours245.00+51.40 (26.55%)
Old 01-28-2021, 03:24 PM
  #146  
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Rare times I agree with Musk....how can you sell things you don't own.....shorting in itself market manipulation.....

Old 01-28-2021, 03:26 PM
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Originally Posted by thoiboi
https://robinhood.com/us/en/support/...nhood-account/


IIRC Schwab will likely reimburse the fee RH charges to transfer out as well, i'd ask them
Ill just cash it out.

Originally Posted by Mizouse
GME After hours245.00+51.40 (26.55%)
Now 18%

Just got an email from them
An update on market conditions
Hi Warren, It’s been a tough day, and we’re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed.
Old 01-28-2021, 04:24 PM
  #148  
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^ Full statement
Old 01-28-2021, 04:47 PM
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Well that was all a lie.
Old 01-28-2021, 05:00 PM
  #150  
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Limited buys meaning they'll let you purchase more GME, but only what they deem appropriate? Sounds like they're still screwing over "free market" if I have that correct.
Old 01-28-2021, 05:11 PM
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It was intended to be sent to the HF managers
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Old 01-28-2021, 05:30 PM
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Old 01-28-2021, 05:45 PM
  #153  
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The after hours numbers keep changing. How are people buying after the market closed hours ago.
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Old 01-28-2021, 05:54 PM
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Originally Posted by Whiskers
The after hours numbers keep changing. How are people buying after the market closed hours ago.
After hours trading. Big institutions have that ability until about 8PM ET.
Old 01-28-2021, 06:01 PM
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CEO of Robinhood was just on CNBC. I'm sure the full interview will hit the interweb any minute
Old 01-28-2021, 06:15 PM
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Old 01-28-2021, 06:25 PM
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Good twitter thread on the story behind this, it goes back to Sept 2019
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Old 01-28-2021, 06:51 PM
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that guy is a fucking prophet
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Old 01-28-2021, 06:54 PM
  #159  
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all the comments are telling him to sell.
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Old 01-28-2021, 07:13 PM
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Originally Posted by Curious3GTL
all the comments are telling him to sell.
Hey Siri, play Look at me Now!



those guys must feel like total fools now. major egg on face..
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