shorting itself is legit- remember it was short sellers who took notice of the shady over leveraged real estate bubble from ~2007/2008. But short selling is quite risky instrument - you are betting the stock will fall. ... maybe we should bet the citadel will fall? lol
16 year old son: "Dad, I need money." Dad: "Son, the way to make money is to get a job. Find a job listing, apply, and work for the summer. You'll have a feeling of independence that comes with having your own money. I think you'll enjoy it." 16 year old son: "Fuck that. Give me some money so I can trade bitcoin."
My 16 year old is so lazy he hires the kid down the road to carry out the trash. I tend to play the short game w the hookers.
Im curious how much of this is simple clout chasing by politicians hoping to earn points, or actual investigation that will lead to something.
Tradestonks. I've been saying all week the boys at WSB ain't nothing to play with. Some are very intelligent and highly sophisticated. Mostly made fun of and ignored until this week. Its amazing and very impressive what they have found and managed to do. Some very heavy hitters were brought to their knees and without the antics that we witnessed this morning a lot more would have collapsed. If you do the math on the ratios of the short positions and the call options the numbers are mind boggling, as in MULTI MULTI BILLIONS would have lost trying to cover. You can pull a few favors and tricks to cover your ass but you will never cover up what has been exposed and how the markets work behind the scenes and who controls them. All based on simple math a six year old could understand. 100 - 140 = ?????
Everybody is laughing at them. Could you imagine how embarrassing that has to be? Another funny youtube news video, check it out.
I would say robinhood is toast in the trash, a lousy broker to begin with, email is the only way to contact them. SOL if something goes wrong and you need a broker assisted trade. The main thing they offered was no fee option commission. Even then some were restricted in .05 increments. The list goes on and on. People are waking up and things will be entirely different. Bet on it. STONKTRADE " there's a new sheriff in town robinhood" c ya wouldn't want to be ya.
Same as always. Most fail to realize what we experienced today has fueled the fire. We can identify them and make our moves with our wallets. Short the shorts.
Are we going to take some bets for when the SEC slaps on the 30day trading ban on ALL the meme stocks?