Current Affairs Stocks and shares and stuff

[WA Toffee]

Then people's retirement funds shouldn't be functionally forced into a casino that is used for the ultra wealthy to skim profits off the top to further their own obscene wealth.

Decades of deregulation and blatantly unequal fiscal policy led us here, not a bunch of millenial/zoomer redditors that figured out they can game the system too.

You are correct and I don't disagree with you. I just said that I didn't like one of the side effects of what they are doing

 

[LinekersLegs]

Long but great thread

 

[LinekersLegs]

This has been the most shocking turn of events that I have seen come out of this.

How on earth are they allowed to do that?

I thought something strange was going on when I saw that they had removed the "Buy" option on these stocks but selling them without permission from the holder is surely illegal?

It appears that the reason why RobinHood could sell the stocks was because most people are in margin accounts, even though they might not have been aware of the fact


I know the trades are “free” but there are a lot of hidden costs with this broker, between this and their liquidity issues imo it has red flags all over it.

 

[LinekersLegs]

 

[Paris]

You get more impressive with every post.

I would have thought that foretelling my own death by a rogue dildo would have been enough of a clue.

 

[treer]

It will be the end of the hedge fund this week.
Tomorrow every financial supplement of the sunday papers, across Europe, the UK and America, are going to dissect the story.

I think so many people, after reading, will want to stick one on the establishment, and buy a few shares.

 

[Yarrgh]

It will be the end of the hedge fund this week.
Tomorrow every financial supplement of the sunday papers, across Europe, the UK and America, are going to dissect the story.

I think so many people, after reading, will want to stick one on the establishment, and buy a few shares.

Buy and hold. Stick it to them!

 

[Paris]

BUY AMC AND NAKD TOO!

 

[TheSouthernBlue]

The Reddit groups are planning a run on XRP 13:30 UK time on Monday. Unlike WSB to be hitting a crypto but it’s something to do with getting back at the SEC.

 

[treer]

even if the stock exchange, suspend trading for a week, the hedge fund will still have the interest to pay. I cannot see a way out for them.

 

[LinekersLegs]

It will be the end of the hedge fund this week.
Tomorrow every financial supplement of the sunday papers, across Europe, the UK and America, are going to dissect the story.

I think so many people, after reading, will want to stick one on the establishment, and buy a few shares.

There are hedge funds on both sides of the Reddit trades though

 

[Yarrgh]

BUY AMC AND NAKD TOO!

Got em. NOK and BB too.

NAKD though I bought too high... that's a big black hole at the moment.

 

[Yarrgh]

even if the stock exchange, suspend trading for a week, the hedge fund will still have the interest to pay. I cannot see a way out for them.

Just been reading that. My heart breaks.

 

[Paris]

Got em. NOK and BB too.

NAKD though I bought too high... that's a big black hole at the moment.

Me too on Nakd. I placed an order before the market opened so of course I bought at $2.90.

Lesson learned if nothing else.

NOK and BB would be good long term investments but BB is overpriced right now.

 

[Yarrgh]

Me too on Nakd. I placed an order before the market opened so of course I bought at $2.90.

Lesson learned if nothing else.

NOK and BB would be good long term investments but BB is overpriced right now.

They're all throw away positions for me now. Same with GME. If they come off, great! If they don't, well at least I stuck it to the likes of Citadel and Citron and maybe helped to highlight the greedy self serving nature of them.