how do you know what the top is? what are the odds AMC and NOK reach silly levels?Nobody cares about GameStop Itself. Goal is to hold enough stock to shoot the price up and when that happens we dump it. The goal is $1000 per share. Next time it rally’s above $500 I’ll probably pull out. Takes to much energy to keep up with this stuff
Nobody does. It’s all speculation. AMC and NOK will only reach high levels if everyone gets on board with it like they are with GME. Since GME is the focus right now the other stocks arnt really going to do to muchhow do you know what the top is? what are the odds AMC and NOK reach silly levels?
If anything I've seen reports that Robinhood makes its money for the big boys on their users data. They sell what individual traders are doing to the big guys to make money, like high frequency traders or big funds noticing trends of users buying shorts/calls etc...
...basically exactly what individuals are doing them. Now they're not happy when the shoe is on the other foot, when the investors figure out the squeeze on a big fund.
Oh it's happened before, but now it's bad because it's a bunch of small dollar idiots doing it to intentionally spite a big hedge fund. If a hedge fund of investment group does it, it's ok.
And they're free to "legally" deny people business trading on these stocks, just like all the social media sites can all legally deny service to groups talking about it, or other "undesirable" political groups... Crazy to see even google covering for Robinhood and deleting the bad reviews for them.
As George Carlin said, "it's a big club, and you and I ain't in it."
Seems to me all that "fake money" was transferred from the hedge funds to many of the AME investors. Many took profits and are going to pay off loans etc. with it. I'm all for taking profits from the fat cats on Wallstreet. But now that they have seen what happened with Gamestop it will be difficult to pull it off again. Unless many retail investors pool resources together so they can make huge whale trades that equal or exceed the hedge fund trades. Perhaps a WSB Fund?idiots? its brilliant. the goal isn't to make money, its to make wallstreet pay and maybe the little guy gets money in the process.
this is amazing. screw em.
How likely is it to see amc reach $100?
I would love to punch out at $100. I only have 15 shares but is a great return. Can then buy another eth and ride that to.....25k??@venmos1 I would say it will go up, to 100?? who knows. I would imagine people who are dumping rh right now are switching to etrade and other platforms, this takes time, 3 to 5 days at least to get funds transferred and ready, once that happens and AMC is still in the news, yes, i think it will spike good. I bought in 3 weeks ago at 2.25 per share, I sold at 15 per share. then rebought in on my etrade acct at 8.90 per share. My crystal ball was working good
From what I've been reading, GME should be in the $30-$40 range. It's the short sellers that drove it down to $4/share.My point is that as soon as the selling starts GME will be right back to $3 almost instantly. Nobody else is a buyer of GME.
LOL. People would need to be accredited investors to be part of the hedge fund. That's clearly not the case with the vast majority of the 6 MM members of r/wallstreetbets.