Trading the stockmarket (NO Referrals)

Martynt74 · 28 Jan 2021 at 23:18

Simon said:
Wow you sleep late. The market opens at 2:30pm U.K. time

Haha yeah I thought that!

englishpremier · 28 Jan 2021 at 23:18

Minusorange said:
There needs to be really

Like the $4Trillion of debt that is already propping up the already overpriced (considering there's a pandemic) market ? At this point I doubt it would make a difference, when the crash comes eventually and it's going to come you can be sure of that it's a matter of when not if, it's going to hurt a lot more than covid is hurting us

Trusty said:
I'm fully aware, but at least those "overpriced" stocks like Amazon/Google/Netflix run a business where the market deems them good at allocating capital, land and labour. GME does not.

You say 'considering there is a pandemic' and 'overpriced stocks' but are APPL, MSFT, AMZN etc.. really overpriced? During the pandemic, and some because of it, they've been raking in the cash, smashing sales and growth records.

dlockers · 28 Jan 2021 at 23:19

Simon said:
Wow you sleep late. The market opens at 2:30pm U.K. time

He is from sheep land.

Theophany · 28 Jan 2021 at 23:20

The people in this thread moaning about Hargreaves are morons - this is a platform that was recommending Neil Woodford even after his fund became a total basket case and now you're doing Pikachu-face.jpg that you're not being allowed to close out your trash positions? Are you for real?

Trusty said:
I'm fully aware, but at least those "overpriced" stocks like Amazon/Google/Netflix run a business where the market deems them good at allocating capital, land and labour. GME does not.

Exactly, they're called the 'Blockbuster of video games' and not for a flattering reason!

Trusty · 28 Jan 2021 at 23:21

englishpremier said:
You say 'considering there is a pandemic' and 'overpriced stocks' but are APPL, MSFT, AMZN etc.. really overpriced? During the pandemic, and some because of it, they've been raking in the cash, smashing sales and growth records.

I see what he's saying though

booyaka · 28 Jan 2021 at 23:25

Good luck to all those still involved in GME and any others....

Genuinely hope it works out for you all.....

I'm going back to medium to long term investments/holdings via my SIPP/ISA

413x · 28 Jan 2021 at 23:44

Yeah it's crazy. So much potential to win big or lose big.

It's too far into gambling for me. But good luck those in

Crpwned · 28 Jan 2021 at 23:45

Gonna be an interesting one tomorrow if the rumour that a lot of short options expire is true.

Looks like GME is back up to 300+ after hours, wonder what it will open at

kakarott · 29 Jan 2021 at 00:14

@regulus who did you buy with?

regulus · 29 Jan 2021 at 00:23

kakarott said:
@regulus who did you buy with?

I'm in NZ so would be different from where you are (presumably UK?)

But I use Hatch, Stake or Sharesies. Depending on which one loads faster at the time.

dowie · 29 Jan 2021 at 00:27

Theophany said:
The people in this thread moaning about Hargreaves are morons - this is a platform that was recommending Neil Woodford even after his fund became a total basket case and now you're doing Pikachu-face.jpg that you're not being allowed to close out your trash positions? Are you for real?

Their recommendations have little to do with how well their tech stack/online platform performs tbh... I certainly wouldn't rely on them or the likes of trading212 for any short-term punts etc.. but that has nothing to do with being miffed at Woodford.

regulus · 29 Jan 2021 at 00:28

Hyburnate said:
You did the exact right thing mate.

Look at that price.

Tomorrow is the day where they have to buy.

I'm a little bit jealous I didn't to be honest!

Tbh, it's purely a punt. There's good sentiment around Friday and Monday so I'm hoping for my shares to double or triple tomorrow, potentially cash out and have a good weekend.

Hyburnate · 29 Jan 2021 at 00:38

regulus said:
Tbh, it's purely a punt. There's good sentiment around Friday and Monday so I'm hoping for my shares to double or triple tomorrow, potentially cash out and have a good weekend.

Well I wish you all the best.

I have my sell orders set with a figure I'm comfortable with.

Minusorange · 29 Jan 2021 at 00:59

https://www.theverge.com/2021/1/28/22255245/google-deleting-bad-robinhood-reviews-play-store

Google is actively removing negative reviews of the Robinhood app from the Google Play Store, the company confirmed to The Verge. After some disgruntled Robinhood users organized campaigns to give the app a one-star review on Google’s Play Store and Apple’s App Store — and succeeded in review-bombing it all the way down to a one-star rating — the company has now deleted enough reviews to bring it back up to nearly four stars.

They were probably all legit reviews, talk about screwing people when they're down when they can't even complain about a shady service lol

unwashed potato! · 29 Jan 2021 at 02:18

Minusorange said:
https://www.theverge.com/2021/1/28/22255245/google-deleting-bad-robinhood-reviews-play-store

They were probably all legit reviews, talk about screwing people when they're down when they can't even complain about a shady service lol

Bloody hell. I don't believe in this big collusion, but this sure does look like one. What reason could Google have to do that? Legit users most likely all leaving reviews, regardless of it being a purposeful effort, it was legit. I can't see this going too well, as there will be many ****** customers still happy to leave their review

hurfdurf · 29 Jan 2021 at 02:30

G-MAN2004 said:
https://isthesqueezesquoze.com/

People need to pay attention to this, if we have only experiencing gamma squeezes and not the actual closing of short positions (which people are saying the hedge funds are lying about doing to get the stock to go down so they can actually close their short positions, plus it would take them 6 days from yesterday to do it).

This could mean we haven't even seen anything close to a peak.

Diamond hands could pay off big big time.

hurfdurf · 29 Jan 2021 at 02:35

Zefan said:
Less of the political cheering/jeering please. Go to other threads/SC for that.

A lot of it is going to be relevant, due to the regulations and political consequences being reflected in the stock market, what with the criminal manipulation of the market by stopping people being able to buy whilst allowing the hedge fund owners to do so.

unwashed potato! · 29 Jan 2021 at 02:44

I also think that for maybe the next few days/week, this thread, as probably most trading ones over the world, will be heavily focused on gme. I know it's a bit of a pain but before you can blink twice it'll all be gone.

Zefan · 29 Jan 2021 at 03:22

hurfdurf said:
A lot of it is going to be relevant, due to the regulations and political consequences being reflected in the stock market, what with the criminal manipulation of the market by stopping people being able to buy whilst allowing the hedge fund owners to do so.

That's obviously relevant, I'm very aware of the situation. "AOC is queen" is not so relevant

. The purpose behind my post was to steer the ship, not reprimand anyone.

You've got to see where I'm coming from. We don't need this turning in to a politics thread, my point is please try to keep it strictly relevant as politics has an awful habit of turning very bad very fast, destroying otherwise perfectly good threads.

deusexlumina · 29 Jan 2021 at 04:06

The redditors will just not give up that easy. Each move is just ******* them off more and more.

Incredibly shady goings on at RH though. Hopefully a class action comes of this, and hopefully it's not the last campaign of it's kind.