I trade stocks and have been pretty much locked out of my Ally account for the past 2 days. It really pisses me off banks can manipulate the market like this just so they and the 1% doesn’t lose money. I wasn’t in on GME or AMC, but I do have NOK stock and now that’s it’s come way down I can’t even purchase more.
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Yep, these fund guys/gals also have billions to influence what stories get put out. Sheer scam, but at least they are showing Americans how the market isn’t as transparent as they claim it is. It is a rigged game, always has been and always will be. Maybe this will help some people open their eyes to other things like who owns the federal reserve.
The short traders make a living off of failing and declining companies, when the roll switched it makes the news. There’s definitely some tampering going on. I fully condone what the retail investors are doing to the corporates. I encourage it.
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So do you plan on selling your house for what you paid for it?
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My 25 year old son made $90,000 this week on Game Stop stock. Good for him.
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Thats great for your son! Make sure he keeps half for the tax man next year!
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No, not at all, but what I am planning to sell it for is likely not going to matter when I do need/want to sell it.
I would have hoped it was clear, but still: when I said “this type of investing” I was referring to what is happening on wsb - that is what my comment about ever rising stock prices was referring to, not the stock market in general.
Regardless, if you are drawing an analogy between the stock market rising over time and house prices rising over time, then by all means, that is 100% correct and my earlier opinion is 100% wrong. 
He already mentioned that to me. I think he’ll probably owe 35% so, $59,000 is still a pretty good haul for pushing buttons on your smartphone.
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I don’t know enough to say whether any of this is true, but the guy claims that Robinhood is simply too small and didn’t have the money to execute all the trades, that is also why they had to “borrow” another 1bil.
They for sure got bailed out. Then directed to stop allowing the buys. That’s what I don’t like.
Big boys want to run the market and got upset the little guys rocked the boat.
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Yep, I said it before and I’ll say it again, the game is rigged to benefit the wealthy and powerful. Take a look sometime at how IPOs work, the playing field isn’t nearly level. They caused important players to lose possibly billions of dollars, a reckoning will be coming. Can’t wait to see when the SEC gets involved, I am sure there will be some allegations surfacing soon.
I’m not saying not to dabble in the market, I do. I was into biodiesel when oil was high, then the guys on wallstreet and the saudis decided they weren’t going to let them play in their game. the saudis turned on the spickets and the market mavens hammered the stocks. 1-2 punch. They were almost all bankrupt or taken over by the end of that year. Yeah I’m salty, I lost loot and it opened my eyes.
Yes, there are aspects of the market that are rigged. Part of what small investor needs to learn is to use those forces for there own benefit. The longer you invest the smarter you get as long as you keep learning.
The part that makes me the maddest is one that y’all haven’t mentioned yet. Not only did Robinhood stop selling, they actually “closed out” multiple people’s positions. Meaning they sold the person’s stock for them when it was just over $100, claiming volatility.
So a lot of the people that wanted to wait and sell weren’t able to. Robinhood was trying to keep the whole thing from going out of control ,and what they ended up doing was screwing over the little guys and bailing out the hedge funds
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I’m a newbie, but I highly recommend educating yourself and investing in cryptocurrency. #hodlmodel super volatile but one of many streams. Good luck and God Bless 
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Genomics is where the future is for sure!
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GameStop actually climbed again… buddy just made $3,800 off of it.
