Define recover. It will probably return to the price it was before all this nonsense started.
Every previous peak has been 'beaten' to date.
The previous hype took it to 20k gbp. This peak 30k gbp.
Define recover. It will probably return to the price it was before all this nonsense started.
I burned out of crypto a long time ago. FOMO and greed made me play stupid but now i'm wiser I don't play at all. I'm more interested in not losing than winning now.It did with crypto. Times when I wanted to quit. Its taken me years to even be able to understand what I need to do to have a chance at making something from the gamification of it
WSB have manipulated the market in a blatant pump and dump. If you're earnestly buying shares with a P/E in the thousands, you shouldn't really be allowed on the platform to begin with.
I was 15 and way too stupid to notice this happening. What's the context with VW?Maybe we're just in the dip before the squeeze...
I burned out of crypto a long time ago. FOMO and greed made me play stupid but now i'm wiser I don't play at all. I'm more interested in not losing than winning now.
It is utter market manipulation that the price has not been allowed to organically find its way. To stop the buying but allow the selling is pretty much criminal.
Just pure blind faith - backed up with 2 days worth of "trading" experience - just look at the comments below from WSB
- Sweet discount! Just got my first 4 shares @ $203, looking forward to the start of the squeeze tomorrow
- Holding. When I said hold till $1000 or zero I meant it
- Here come the short covers.
- Do not sell! Do yall not understand how a squeeze works? Even at this price we still have the advantage!!!
- Just because nobody offers to buy my house doesn’t mean it’s worth 0 dollars. As soon as people return to the market the price will go up. What you’re seeing is a fake price.
I've sold the rest of my holdings I hold at 212. I just won't support them. It's completely criminal.
Isn't that the BITCONNECT guy coming back for another beating?Just pure blind faith - backed up with 2 days worth of "trading" experience - just look at the comments below from WSB
- Sweet discount! Just got my first 4 shares @ $203, looking forward to the start of the squeeze tomorrow
- Holding. When I said hold till $1000 or zero I meant it
- Here come the short covers.
- Do not sell! Do yall not understand how a squeeze works? Even at this price we still have the advantage!!!
- Just because nobody offers to buy my house doesn’t mean it’s worth 0 dollars. As soon as people return to the market the price will go up. What you’re seeing is a fake price.
and there's the connection that makes it all make sense.I read that something like 40% of the trades on the US market are routed through Citadel, and they own Robinhood. They also just had to invest $3billion into Melvin to bail them out of this whole debacle.
...did you just say 'Falls'?
It isn't a pump and dump, it is people driving the stock price up as there are contracts to buy them back that Melvin will do anything to avoid buying back. It'll keep going up until Melvin run out of ways to delay, or people lose their cool and cash out. I imagine as soon as ************* cashes out, the market will react.
I was 15 and way too stupid to notice this happening. What's the context with VW?
For those in the know - are there are any decent virtual trading/investing platforms that the extremely risk averse amongst us could have a play around with for a month or two to get a feel for things?
Or would you be better off diving into live accounts but just messing about with disposable pub money to start with?
Going to check this outWorth reading, it was similar but different. End result the same, huge ramp up and then a rapid decrease. VW were the most valuable company in the world at 1 point.
https://www.ft.com/content/0a58b63a-4294-3e07-8390-c3aabef39a26
Yep, know exactly what is going on. I'll be investing still while most will be crying over their losses gambling on this stuff , vowing to never touch stonks again probably, and some trying to sue the likes of Robinhood etc . . It's been a multi-year side career for me. But dont take all comments so seriously .
Right now GME is unwinding all the way back down again. Gap filled. Volumes low . Predictable