OT: Stock trading

[I Bleed Blue]

Almost 100 page thread stock trading thread on a UConn MBB forum. Incredible.

Now everyone HOLD GME! Tomorrow and Monday will be YUGE. We will all ride our GME tendies to the moon ladies and gents!

this is not financial advise

 

[LIuconn]

someone reads WSB

 

[JohnFSilver]

They actively colluded to manipulate a stock price.

Proving each and every individual case could be problematic. But by the actual rules they could get quite a few of them

I don’t think it is manipulation. They saw an opportunity for a short squeeze and recommended people join it. Then it took on a life of its own. I think it is fair play here. What the hell are hedge funds shorting shares of GameStop with more shares than are outstanding ?

Also. There was no intent to deceive in what they were doing. You can’t stop fee speech. They didn’t manipulate the market, they moved sentiment out of spite abd then when there was blood in the water the sharks got eaten by the minnows.

there has to be moral hazard for shorting. This is a rough lesson, but them the breaks for hedge funds. They got their pockets, literally and legally, picked .

 

[UConnSwag11]

If you're buying crypto with a broker such as Robinhood, you don't own it. You're just making money on the price fluctuations. If you want to own it and be able to transfer, sell, convert, or use it for purchase you need to buy it through crypto exchanges and take it off of those exchanges into a private wallet. You have to be very careful when you have it on your wallet. You are responsible for your funds. Once they're gone, they're gone.

This maybe a dumb question, but is anyone aware of how I can transfer my crypto to another broker?

I currently have robinhood and would like to leave for another platform, but I don't want to sell my holdings, wait for a deposit to clear on another platform and then rebuy.

 

[UConnSwag11]

Where's the best place buy Doge? I can't find it anywhere and Binance doesn't allow NY/CT

coinmarketcap.com

 

[UConnSwag11]

Dogecoin price today, DOGE to USD live price, marketcap and chart | CoinMarketCap

The live Dogecoin price today is $0.1514 USD with a 24-hour trading volume of $4,561,312,842.66 USD. We update our DOGE to USD price in real-time.

coinmarketcap.com

 

[UConnSwag11]

Binance

Binance.US | Buy, Sell, & Trade Crypto & Altcoins In The US

Buy, sell, and trade Bitcoin, Ethereum, and over 100 cryptocurrencies with some of the lowest trading fees in the US. Get started within minutes.

www.binance.us

 

[navery12]

 

[Da_Aisijimo_Gou]

BTC - Musk tweet symbolically inserted new spring in BTC’s pogo stick

 

[HuskyHawk]

Doge

Still at .064? Or is that it?

 

[uconntoatl]

Is that the LINK-USD?

Yes indeed

 

[Da_Aisijimo_Gou]

Physical Silver ETFs like SLV:
newish Redditors’ attention

 

[HuskyHawk]

Physical Silver ETFs like SLV:
newish Redditors’ attention

wish it was GLD. I already have that

 

[pepband99]

don't let the facts get in the way of a good story.

this shouldn't be a shock to anyone who saw the CDS / mortgage debacles - collateral ensures less naked risk.

The main question here is: why can a hedge fund naked short like mad, but the clearers can't? That's the regulation that needs to happen, but at the cost of a lot of hedge funds.

 

[Zionn]

FYI - anyone new to Crypto, if BTC bought on RobinHood it can't follow you off the platform. Highly advise you look to purchase off other exchanges where the asset is truly yours to put in a wallet.

 

[Dogdeacon]

A. I thought Dogecoin was a farce, sarcasm - is it a real sarcastic crypto?!
B. Heard on squawkbox I think this AM that it is legal to short 200% of total shares of a stock - presumably its impossible to buy more than 100% so bs that you can double short. This is the market forcibly changing that.
C. Excited for the ride today, much better than typical Friday in January!

 

[Kitaman]

MJ (Charlotte Hornets) got caught up in the GME squeeze. His partner owns Melvin Capital: Linky

 

[Dooch]

Is DOGE a good buy at the current price?

 

[aburks41]

Guys, DOGE is a meme crypto. Don't seriously buy it unless you are okay with losing everything you put into it lol. It has no cap on the amount that can be mined (unlike BTC, ETH) so theoretically it's worthless..

 

[Dogdeacon]

Also - If you bought shares in everything Robinhood restricted yesterday and sell mid-morning today you could, at a minimum take the rest of 2021 off.
Of course you'd have to vacation in your house and after a few days you'd be back on here letting it ride on some new gambit.

 

[Dogdeacon]

Guys, DOGE is a meme crypto. Don't seriously buy it unless you are okay with losing everything you put into it lol. It has no cap on the amount that can be mined (unlike BTC, ETH) so theoretically it's worthless..

Yes, it is a sarcastic joke crypto now propped up in a GME hoard type momentum but in this case there is definitively zero underlying monetary value, yet equal or more comedy & entertainment value.

 

[Deepster]

Robinhood allowing GME, AMC and NOK in limited shares this morning. Let's see what the masses do to it.

 

[StllH8L8ner]

Robinhood allowing GME, AMC and NOK in limited shares this morning. Let's see what the masses do to it.

Going to be an interesting day for sure. My popcorn is ready.

 

[Kitaman]

I'm hearing SLV on deck. I'm on the train.

Something about JP Morgan in the bullseye.