a balanced MEME portfolio
don’t want a lot of risk here
5 Likes
the whole robinhood angle is really a great lesson that i will not learn.
i heard about this app basically a week ago. it went something like this:
me: “so wait you can trade from your phone with zero fees? how are they making moeny”
people who learned about it a week before: “something something interest something something”
me: “this is amazing. i will not spend another minute thinking about what this business plan actually mean, who are they lending the money to, what are their priorities and who is actually making the decisions. power to the people!”
5 Likes
This all seems very healthy and stable and I predict great things for the economy.
3 Likes
They tried and failed to deliver a knockout blow today. GME is going to go over 500. Hope you get out before it goes to 5.
2 Likes
Yes I, for one, am absolutely delighted that we all live perpetually in the shadow of sudden disaster due to the system operating in the manner all concerned assure me it simply must operate.
Gamestop is an incredibly company - developing an electric car, a new battery technology, running a cinema chain, and awaiting FDA approval on their COVID vaccine
3 Likes
Invest everything you have in Serge Ibaka mid-range jumper gifs.
6 Likes
I heard they are going to start 3d printing marijuana on the blockchain
3 Likes
I don’t pay attention to margin requirements hardly ever because I almost never usey margin. I’ve never seen a margin requirement over 100%. I can’t understand why it would ever be over 100%. Maybe someone else can chime in but that seems pretty shady to me. It seems perfectly understandable to have the margin requirement 100% the way it’s trading though.
There’s almost no way they’re requiring a >100% margin on long positions. That only makes sense for short option and stock positions, which is consistent with this:
if i was a white house reporter I’d record this question in advance and just change the name of the wall street entity to save time for the next 4 years. gotta streamline the process.
1 Like
Won’t the hedge funds have gotten out of their shorts now so tomorrow is irrelevant?
The only possible explanation for that is if they’re concerned that the customer somehow will pull their funds before the trade settles if the stock price goes down substantially?
Benny getting roasted by a wet-ass D-word:
https://twitter.com/RepDickSwett/status/1354836751852834818
11 Likes
I didn’t actually go through with it, but I put in an order to buy 1 share and got a message that the margin requirement was 300%. Maybe that’s a standard message regardless of the type of order.
Has anyone considered the possibility that GameStop has been having some really great business lately?
I haven’t looked but there is no way all of the big dogs bailed on their shorts