antlerradar
Well-known member
Is it time to rename this thread to, Are you selling yet, has the market peaked.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
never.
stocks only go up.
in all seriousness we've already cashed out some non retirement $ these past few weeks in preparation for buying a house this year
westbranch
Well-known member
So how does a 22 year old take out a 2nd mortgage on his parents home? Bank needs to take the hit on this one, and the "kid" needs a good spanking.
New York Post
Your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.nypost.com
The link no longer works, saw this reposted from twitter:
BigHornRam
Well-known member
He still needs a spanking.
BigHornRam
Well-known member
Robinhood raises $1 billion and taps credit lines to make trading of GameStop available to customers
The stock trading app also raised an additional $500 million in credit lines to help its clients trade stocks like GameStop and AMC Entertainment.
Good news video clip in the link. ARS makes me laugh. Joe just sits there shaking his head thinking who the heck didn't see this train wreck coming.
SAJ-99
Well-known member
Nah. They will be ok. a lot of the negative press will be from competitors, because everyone likes to pile on. Free trading might be "done". Margin accounts without proof of net worth are almost certainly done.
BigHornRam
Well-known member
Loss of trust from the bunch that use their platform will be their biggest problem. Don't see anyone that doesn't use it now, signing up for it in the future. Kind of hard to stay in business with no customers.
SAJ-99
Well-known member
Are customers going to give up trading? Do degenerate gamblers give up gambling? Maybe they leave RH but they aren't going away. Of course this just means that this will happen again somewhere else because it's a plumbing problem.
BigHornRam
Well-known member
So now you agree that RH will lose its customers and go away.
I agree that some other degenerates will try to come along to fill the vacuum left behind.
Irrelevant
Well-known member
I can assure you, their stance on GME has had absolutely zero effect of my opinion, use, and enjoyment of RH.
SAJ-99
Well-known member
No, still taking the side RH will be fine. Lose customers? Sure, some. But where they going? Sofi, Public? Meh. This will all be forgotten in about 6 months. Not saying you might not be right, but I have seen dumpster fires like this before. The flame always loses fuel at some point.So now you agree that RH will lose its customers and go away.
BigHornRam
Well-known member
We got a hard core addict here.
The coming fees and regulation will probably have some effect on your opinion, use, and enjoyment though.my gut instinct says it will be unlikely RH institutes fees. that would kill them faster than any PR nightmare.
what will get me to leave RH? fees. plain and simple. otherwise i don't care. there are other free broker apps and RH wasn't the only broker to freeze trading on GME and others anyway
what will get me to leave RH? fees. plain and simple. otherwise i don't care. there are other free broker apps and RH wasn't the only broker to freeze trading on GME and others anyway
BigHornRam
Well-known member
Young guns got the old curmudgeons pooping in their boots now!
www.cnbc.com
Elon Musk's tweets are moving markets — and some investors are worried
Bitcoin's value jumped over 20% to $38,566 on Friday after Elon Musk changed his personal Twitter bio to #bitcoin. His tweets have caused other assets to shift.
Irrelevant
Well-known member
My inability to purchase AMD today is having a much larger effect of my piss-off-ed-mess. No idea why it keeps throwing an error.We got a hard core addict here.
BigHornRam
Well-known member
You get what you pay for.
Irrelevant
Well-known member
I'm not going to lie BH, you wink at dudes more than any gay guy I ever met. And I went to college in Bellingham!
BigHornRam
Well-known member
Irrelevant
Well-known member
I don't know. I think I could handle a small fee as opposed to this: https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/
I own or have owned at least 1/3 of that list periodically in the last year. They make it hard to justify sticking with them when you can't make money the businesses you know the best.
Benfromalbuquerque
Well-known member
- Joined
- Jul 15, 2020
- Messages
- 1,621
Methinks RH is in for an SEC investigation. The CEO twit did a live interview on a popular fake news channel last night and took a real digger.
edition.cnn.com
Robinhood CEO Vlad Tenev speaks to Cuomo after GameStop stock chaos - CNN Video
CNN's Chris Cuomo speaks with Vlad Tenev, CEO of the stock-trading app Robinhood, after the company barred traders from buying shares of GameStop promoted by WallStreetBets, a popular subreddit for investors.
edition.cnn.com
