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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,063

    Location: Europe

    I actually dumped mine and will eat the loss. In this run the money invested in RR (which is a long terms bet) could be put to better use.

    As for Reddit. I've found an awful lot their plays to work out well if you get in at the right time. The posts though are terrible and it's full of 18 years olds. I was never aware it had such a young userbase.
     
  2. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 23,923

    Location: Berks / Moscow

    When everyone’s heard about it and piling in it’s usually time to sell. GME up another 42% to 93.
     
  3. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton

    True and it could well go that way. I imagine a lot will be selling to take profits too.
     
  4. arknor

    Caporegime

    Joined: 22 Nov 2005

    Posts: 38,377

    Location: Newcastle/Zurich

    yea once you see the posts on reddit from college kids putting their student loans in... it's time to say bye
     
  5. Trig

    Mobster

    Joined: 18 Oct 2002

    Posts: 4,516

    Location: Leicestershire

    Well I sold my Logitech and Corsair and I'm now in COUV and ABML, see where they go..
     
  6. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton


    Up to 115 now. It is curious to see it fly.

    How busy is that Reddit board on a normal day? Looks like there's been about 30k posts each day recently. I don't get how anyone follows anything with that kind of response rate!

    I got in at 93 as was curious to see what'd happen and it's always more interesting with skin in the game. Wish i'd punted with more than £250 now!
     
  7. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,063

    Location: Europe

    Didn't want to wait until closer to results time for CRSR?
     
  8. dirtychinchilla

    Capodecina

    Joined: 2 May 2011

    Posts: 10,224

    Location: Woking, Surrey

    I've been trying to buy GME from H&L for the last hour, but it simply won't go through. Anyone have any idea why?
     
  9. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton

    Presume it's just getting bogged down as it's so volatile. Took my buy quite a while to kick in, which was risky as i hit buy when it was 89, but the trade went through at 93.
     
  10. Casdawer

    Mobster

    Joined: 14 May 2009

    Posts: 3,887

    Location: Hampshire

    I've brought a number of shares at GME over the past 2 weeks when I've sold a few things.

    Currently up £500 which I'm very happy with espically considering this is my first time trading :D

    WSB believe it could hit $1,000 but I'm not so sure but people thought GME would never take off and well, here we are!
     
  11. dirtychinchilla

    Capodecina

    Joined: 2 May 2011

    Posts: 10,224

    Location: Woking, Surrey

    It's quite annoying. And I don't want to ring them because I did earlier and the guy was quite condescending.

    Thanks for the offer. I think it would take too long for me to withdraw the money to make it worth it.
     
  12. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton

    Haha 140 now. If only every share could be like this. I could give up work!
     
  13. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,063

    Location: Europe

    GME is at $130 now so it's probably game over after today. Perhaps there will be an afternoon sell off. There are plenty more risks to take though. I'm enjoying FuelCell Energy and Alpine 4 at the moment.

    Fortunately my sell limit for GME never went through. Otherwise I'd have been out of it now.

    I thought T212 had pulled their referral offer.

    I wonder how many college kid are going to be crying when this goes ****-up
     
    Last edited: 25 Jan 2021
  14. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton



    Obviously it's hindsight now, but part of the reason i joined T212 was so i had a backup to Fidelity for trades.

    Hopefully you didn't bail :p
     
  15. Apex

    Capodecina

    Joined: 12 Feb 2006

    Posts: 12,531

    Location: Surrey

    About to hit 160. The power of reddit. I imagine after this there will be lot of buzz around what next that reddit helps pump and an even bigger jump for whatever stock it is
     
  16. Martynt74

    Capodecina

    Joined: 20 Feb 2004

    Posts: 16,062

    Location: Higher Walton

    Yeah you'd think so. Although currently hurtling towards the ground :p

    For those of us who frequent their boards can i request they post the next one a bit earlier!
     
  17. englishpremier

    Sgarrista

    Joined: 15 Feb 2003

    Posts: 8,063

    Location: Europe

    I wonder what the buying power of Reddit t212 and other stock sections is compared to some investment firms.
     
  18. Griffyn

    Gangster

    Joined: 17 Jun 2004

    Posts: 394

    They had but looks like they brought it back.

    GME could go bad for some, big drop now.
     
  19. regulus

    Sgarrista

    Joined: 18 Aug 2006

    Posts: 9,861

    Location: Wellington, NZ

    Sounds about right.

    I'm gambling with less than 3.3% of my overall investment capital.

    But it would've been damn nice to put in just a tad more.

    BB up 40%+ already. For no apparent reason other than WSB hyping it.

    I see they're hyping NOKIA next
     
  20. regulus

    Sgarrista

    Joined: 18 Aug 2006

    Posts: 9,861

    Location: Wellington, NZ

    GME I would not touch right now.