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Jan 29 2021 03:14pm
Quote (obisent @ 29 Jan 2021 14:00)
Bought one GME share for kicks. Expecting this to go to 500 or 50, maybe even both.


Nice I can't get any brokers to let me buy more till next week
Member
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Jan 29 2021 03:16pm
Bought 3 shares a $324

Let's see where GME goes.

Also 65 BB at like $16. Gonna hold these forever though. If time wasn't of the essence I'd be sending my money elsewhere, but that takes several days so whatever. I'll do it when the world isn't exploding.
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Jan 29 2021 03:18pm
Quote (MaliceMizer @ Jan 29 2021 04:14pm)
Nice I can't get any brokers to let me buy more till next week


Robinhood Sheriff of Nottingham wouldn’t let me buy more than 1 share at a time.

This post was edited by obisent on Jan 29 2021 03:19pm
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Jan 29 2021 03:20pm
Quote (obisent @ Jan 29 2021 03:18pm)
Robinhood Sheriff of Nottingham wouldn’t let me buy more than 1 share at a time.


I was able to buy over my margin limit by buying in lots of less than 5 shares. So I had 5 shares total and sold 2 of them once it went up a few percent so I wouldn't be over my margin over the weekend.
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Jan 29 2021 03:37pm
It's classic market manipulation, not sure what the uproar is about

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Jan 29 2021 03:50pm
Quote (dro94 @ Jan 29 2021 04:37pm)
It's classic market manipulation, not sure what the uproar is about


the uproar is people figuring out class warfare for the first time in their lives.
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Jan 29 2021 03:58pm
Quote (Mangix @ Jan 29 2021 09:50pm)
the uproar is people figuring out class warfare for the first time in their lives.


The phrasing of this story as class warfare is hilarious

Some redditors did a pump and dump on an epic scale because they what, didn't like hedge funds putting money on predicting the market with their finances like we all do with our own?

...and it will be dumped eventually, returning to their market valuation based on fundamentals and the people holding on the longest suffering the most
Member
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Jan 29 2021 04:01pm
Quote (dro94 @ Jan 29 2021 03:58pm)
The phrasing of this story as class warfare is hilarious

Some redditors did a pump and dump on an epic scale because they what, didn't like hedge funds putting money on predicting the market with their finances like we all do with our own?

...and it will be dumped eventually, returning to their market valuation based on fundamentals and the people holding on the longest suffering the most


Not a pump and dump. When you pump and dump you leave a regular investor buying the shares holding the bag. This is a short squeeze / gamma squeeze.
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Jan 29 2021 04:14pm
Quote (Thor123422 @ Jan 29 2021 10:01pm)
Not a pump and dump. When you pump and dump you leave a regular investor buying the shares holding the bag. This is a short squeeze / gamma squeeze.


People go to prison for both
Member
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Jan 29 2021 04:39pm
Quote (dro94 @ 29 Jan 2021 14:37)
It's classic market manipulation, not sure what the uproar is about


Dumb af.

Gamestop will be the next chipotle except u can build a pc, they're gonna retail pc games. It has good leadership and the hedge fund parasites wanted to bury it into the ground.
Market manipulation is driving a physical store's value to 0 while they nurse satanic faang shit, which has zero value.
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