Man of Honour
WSB is back.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Take their money, YOLO it into $GME and pin a post on the sub detailing their attempted crime for the world to see.
Soldato
What an absolutely extraordinary coincidence that social media platforms happened to decide WSB had too much “hate speech” and "glorifying violence" to be allowed to exist, the same day hedge fund billionaires declared them a huge threat for the crime of making money at their expense and using the internet to allow regular people to compete with corporate elites.
I'm up 20k for the day on my BB, AMC alone. Going to let it ride as no use for the money, although I expect AMC to take a kicking tomorrow. BB might sneak green. Bought more BB today and now officially out of 'play money'.
Also bought 10 GME shares so now officially part of the 'movement'. Although will sell when/if it doubles and donate the money to charity.
Also bought 10 GME shares so now officially part of the 'movement'. Although will sell when/if it doubles and donate the money to charity.
Caporegime
I found the whole GameStop thing very confusing, but this video cleared it right up for me:
Associate
- Joined
- 15 Oct 2015
- Posts
- 1,480
Is the massive rise in GME, AMC etc the reason why a lot of funds have gone backwards in the last few days? I've only dared to invest a bit in funds (with a long term aim) and not particularly big sums either.
Likely yes. People selling other things to find positions on the WSB nonsense. Plus the general nervousness of people like myself that see it as another indicator that there will be a more widespread correction in the near future.
Associate
- Joined
- 15 Oct 2015
- Posts
- 1,480
Uff... pretty typical things like this happens just when i started out lol.. Hopefully it will return to a bit more "normal" levels soon. I don't want to venture into the stock market yet as I don't have enough funds yet to make the trading costs worth it.
- Joined
- 30 Jul 2006
- Posts
- 12,129
Can one buy a hedge in a "Wet Market"
Soldato
I think i'd be annoyed if i was a regular on WSB at the sudden influx of people with absolutely no idea. Seems half the issue they had were with bots just constantly spamming things.
Looking at some posts made just now, it seems people are still piling into these stocks so wonder if they will recover to yesterdays levels.
I'm not sure id blame the big investment of cashing in on these inflated prices!
Looking at some posts made just now, it seems people are still piling into these stocks so wonder if they will recover to yesterdays levels.
I'm not sure id blame the big investment of cashing in on these inflated prices!
Soldato
- Joined
- 14 Mar 2011
- Posts
- 5,421
How many of you guys are on T212? Are you looking forward to not being able to sell your GME as from what I can see they're blocking both buys and sells?
Soldato
My UK stocks have never looked worse. They were doing pretty well until the end of last week. Everything is in the toilet now and because it's in my ISA, I can't even take advantage to average down as I'm maxed out
Soldato
Cost = current value.
That you can sell it, and you do not, is that you are actively deciding to buy at the current price.
So basically, virtually sell everything and re-build your portfolio from scratch, does it have 35% allocation to tesla?
Caporegime
Well all of my normal funds are nose diving cos of this. It's probably the start of a real correction. I'll probably be 10% worse off by tomorrow unless I sell today....