patrick.net

HunterTits says

Whereas when you put money into a stock brokerage account, 'buy' stocks with it, those actual stocks are yours even if technically held by the brokerage. At least that is supposed to be the case.

I'm not sure it's different than the case where you put money in the bank. When I worked at Schwab, I remember hearing that brokerages can trade your stock without your knowledge for their own profit, as long as they come up with it on demand when you want it.

Also, it's possible for you to take physical delivery of your shares of stock, but they make it very hard exactly because they want to keep this large pool of stock on hand for their own trading purposes.

Ripped off from Facebook:

zzyzzx says

Ripped off from Facebook:

Booger says

Ha, just watched some of the Warriors last night.

"You goin' Faggot on us?"

(Millennials scream at the butthurty words)

Melvin Capital, which bet against GameStop, lost more than 50% in January, report says

https://www.cnbc.com/2021/01/31/melvin-capital-lost-more-than-50percent-after-betting-against-gamestop-wsj.html

Sounds good to me!

I jumped in for fun with a couple shares @ $262.

This is how I am seeing it going down, I guess I should say up based on over all-RSI across the time frames and pattern
the bias is strongly to the upside imo. There was a gap that has now been filled so that condition is off the table and the fact it
is Monday traders maybe showing some hesitation this morning. Volume is reducing so is consolidation price should spring
into action to the upside GL on your trades

Current conspiracy theory hopium: military intelligence was behind this, not a rogue group of reddit pirates. Reddit and Robin Hood were their smoke screen.

Trump's 'plan' according to his EOs and exposure of foreign interference in the election process indicated that Feb 1. would be the beginning of asset seizure of those involved in the election fraud. Speculation was that nervous Globalists are attempting money laundering using Wall Street maneuvers through the hedge funds, and this was a counter measure. This is why the Wall Streeters are nervous as cats. These big deals when successful spin off money to politicians in various fig leaf bribes to 'look the other way'. Janet Yellen's vig was 800K?

Don't ask me if it is true, I haven't a clue, more chatter from the bleachers where the blind lead the blind, and the two blinds lead the gullible.

Funny, I'm not a gambler, neither is my wife. When I her what was going on with $GME last night, and that I dropped a few bucks on it, her response was: "hold, don't sell."

Millennials and Gen X'ers have seen enough hedge funds and elitists get bailouts, at the expense of the taxpayers. If we can drop a few of the assholes, it's worth it - even if we lose in the process.

I called up Vanguard Brokerage and while chatting with the broker trading was stopped then started again.

A limit order got through, at $120 limit.

I got some at $113.78

I told the broker about the dot win stock blog in case Reddit kicks them out.

I didn’t know I needed approval to trade on margin, I would have bought more.

I will margin my shitty WFC which I inherited at $54, don’t believe the Buffet hype is the lesson learned.

Addendum: it looks like I made a few bucks on it
oops , no so fast 😨

$80.5701/sh -$144.4299 (-64.19%)

$129.98 -$95.02 (-42.23%) As of 11:35AM EST

Someone finally did a Hitler Downfall video for this:
Hitler loses billions on short-selling GameStop stock
https://www.youtube.com/watch?v=R8JX005MZeE

If you sustained any losses, don't feel too bad as deepf***ingvalue is down $13.5 million today.

Closed at $90.

Meh, it was fun. I'll hold it for now. Up hugely on the other stocks I own.

https://finance.yahoo.com/news/robinhoods-future-is-toast-says-wolf-of-wall-street-jordan-belfort-143933479.html

Robinhood's future is 'toast,' says 'Wolf of Wall Street' Jordan Belfort

$109.26 +19.26 (21.40%) Before hours: 9:09AM EST

I just bought 10 more shares, limit order $100/share.

I paid $93.63/share.

I was actually going to buy just 5 more shares; moral=don’t talk on the phone while making a stock trade 😉

$63.77/sh +10.27 (+19.2%)

For completeness... Dude where's my short interest?

I’m underwater but I only have an unrealized loss of $750.

I’m about $34,000 underwater on WFC which I inherited and held because I believed the Buffet hype.

As soon as WFC gets up to $50 or so, I’m selling it.

“Dompe eeet!” as a French dude says on YouTube.

My friend showed me her Robinhood app and she made a huuuge % gain from Clovis Oncology.

I asked her “What made you buy this?”
“I don’t know.”

I told her next time she gets a good idea please tell me about it. I will pay her a commission, I show gratitude.

My data is pointing to the "possibility" of $30/25 mid +/- next week.
Price will have cooled down enough by then and round 2 should be
at the door... On a fast bums rush to that area I would take some test buys...

$38.78/sh -$1.91 (-4.69%)

Should stop around 15