Boiler Room: The Official Stock Market Discussion

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I really hope some of you all took GME money off the table.

I told you the buy-side doesn't play about its money. Politicians and brokerage firms have been getting called nonstop over the last 2 days. There's too much money at stake and everyone is in it together.
 

nyknick

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winb83

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Also to all the people selling if you don't have settled cash wait 3 days if you use the proceeds of the sell to buy something else. Good faith violations aren't fun and will get your account restricted.

Example:
If you bought AMC yesterday and sold today you can make 1 more move with that cash before you have to wait 3 trading days to do anything else. If you buy back into AMC on a dip today or buy anything else whatever that second transaction was needs to sit 3 days or you need to have a settled dollar amount that equals that amount in your buying power.
 

Patrick Kane

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It really isn't if you read the breakdown of how deep in the shyt Melvin Capital is. this is what they want. The problem now though is when will Robinhood allow ppl to buy again which is some bullshyt

They're scaring people into selling

It works in Melvin's favor this way cause they can buy all those shares at a cheaper price'

If we hold and continue to rise they are fukkED. We just gotta HOLD
 

Wayans Brehs

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It really isn't if you read the breakdown of how deep in the shyt Melvin Capital is. this is what they want. The problem now though is when will Robinhood allow ppl to buy again which is some bullshyt

You're right. I would have taken profits by now, but you're right
 

Rekkapryde

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TYRONE GA!
Also to all the people selling if you don't have settled cash wait 3 days if you use the proceeds of the sell to buy something else. Good faith violations aren't fun and will get your account restricted.

Example:
If you bought AMC yesterday and sold today you can make 1 more move with that cash before you have to wait 3 trading days to do anything else. If you buy back into AMC on a dip today or buy anything else whatever that second transaction was needs to sit 3 days or you need to have a settled dollar amount that equals that amount in your buying power.

yeah, I found out the hard way on Fidelity last month :pachaha:
 

无名的

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I mean... ya'll realize before this game started, AMC was on the verge of going bankrupt, right? What did you expect?
 

Hood Critic

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I guess I'd be more upset at this if I didn't have left over AMC and BB that I bought at basement prices during the pandemic....even as they fall I'm still up on both.

2021 said hold my drink.
 

Majestic

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Im beyond pissed, the sooner rblx ipo drops the better. lost a good amount of money over this fukk shyt.
 
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