| Previous :: Next Topic |
| Author |
Message |
Malachai Constant
Member
Joined: 13 Jan 2002
Posts: 16092 | TRs | Pics
Location: Back Again Like A Bad Penny |
Shorting has been around for ages you only have to have an options ok on your account. The difference now is you can short a much smaller amount of stock. Previously you could only do 100 share lots. The danger is that like many options plays you can lose much more than your initial investment thus a reserve amount is required before you can play. I you wanted to short a block of Berkshire Hathaway that is a lot.
"You do not laugh when you look at the mountains, or when you look at the sea." Lafcadio Hearn
"You do not laugh when you look at the mountains, or when you look at the sea." Lafcadio Hearn
|
| Back to top |
  
|
|
Malachai Constant
Member
Joined: 13 Jan 2002
Posts: 16092 | TRs | Pics
Location: Back Again Like A Bad Penny |
Shorting and put options are similar but different. Never actually did either because the only times it looked attractive would have put me in Dutch with the SEC for insider trading, so it goes.
"You do not laugh when you look at the mountains, or when you look at the sea." Lafcadio Hearn
"You do not laugh when you look at the mountains, or when you look at the sea." Lafcadio Hearn
|
| Back to top |
|
|
Bootpathguy
Member
Joined: 18 Jun 2015
Posts: 1787 | TRs | Pics
Location: United States |
Stock talk on a hiking forum!?
This!... This was the confirmation I was looking for that confirms that we are indeed in a stock market bubble just about to burst.
Time to go to cash
Experience is what'cha get, when you get what'cha don't want
Experience is what'cha get, when you get what'cha don't want
|
| Back to top |
|
|
bk
Member
Joined: 01 Jun 2012
Posts: 266 | TRs | Pics
|
|
bk
Member
|
 Mon Feb 01, 2021 6:46 am |
|
|
(What does the abbreviation mean that FiveNines uses?: "W/a B" )
|
| Back to top |
|
|
neek
Member
Joined: 12 Sep 2011
Posts: 2335 | TRs | Pics
Location: Seattle, WA |
|
neek
Member
|
Mon Feb 01, 2021 6:52 am |
|
|
| bk wrote: | | (What does the abbreviation mean that FiveNines uses?: "W/a B" ) |
With a "b" (wrt billionaires)
|
| Back to top |
|
|
bk
Member
Joined: 01 Jun 2012
Posts: 266 | TRs | Pics
|
|
bk
Member
|
Mon Feb 01, 2021 6:57 am |
|
|
|
| Back to top |
|
|
Randito
Snarky Member
Joined: 27 Jul 2008
Posts: 9512 | TRs | Pics
Location: Bellevue at the moment. |
|
Randito
Snarky Member
|
Thu Feb 04, 2021 12:20 pm |
|
|
The collapse continues -- I wonder what percentage of the Redit posters that encouraged others to buy and hold sold as the stock was climbing.
Market Summary > GameStop Corp.
NYSE: GME
58.01 USD −34.40 (37.23%)
|
| Back to top |
|
|
FiveNines
Member
Joined: 01 Oct 2010
Posts: 526 | TRs | Pics
|
| Randito: Thu Feb 04, 2021 wrote: | | The collapse continues -- I wonder what percentage of the Redit posters that encouraged others to buy and hold sold as the stock was climbing.
Market Summary > GameStop Corp.
NYSE: GME
58.01 USD −34.40 (37.23%) |
This take aged well.
eta: charts and graphs
 GME 100 day moving average is 140  GME Price Chart
|
| Back to top |
|
|
Randito
Snarky Member
Joined: 27 Jul 2008
Posts: 9512 | TRs | Pics
Location: Bellevue at the moment. |
|
Randito
Snarky Member
|
Thu May 27, 2021 9:24 pm |
|
|
|
| Back to top |
|
|
FiveNines
Member
Joined: 01 Oct 2010
Posts: 526 | TRs | Pics
|
Randyhiker, I was not clear in my questions of your take. I apologize and will try again.
| Randito wrote: | | I wonder what percentage of the Redit posters that encouraged others to buy and hold sold as the stock was climbing. |
1. You implicate redditors in a pump and dump. What evidence do you have for this accusation? Wall St Bets reddit forum started hyping the stock in late summer 2020. Way before the price spike. If I were late to the game, copied WSB's advice and bought in January / sold in early February, when you recommended, I would have a 4 to 5x gain. $10 purchase to $40 / $50 sale. Of course if I stuck w/WSB and did not sell in early Feb, my gains would be roughly 20x as of today.
Yes, if you bought in when MSM started hyping GME (and at the same time also hyping Wall St Bets) late January, after price spike, you would make a risky investment buying a formerly $10 stock for $200 - $400 price.
| Randito wrote: | | 20 shares only for GME -- 350 for AMC on Robinhood. Individual "investors" are still being fleeced -- the people that own seats on the exchange are still making plenty. |
2. What does robin hood have to do with anything? If you don't like their terms, don't trade through them. If I bought GME Jan1 and sold at your recommended low in February and made 4 to 5x on a month's speculation, how did I get fleeced?
3. Robin hood does not own any seats on any exchanges. WTF are you talking about? Additionally, robin hood does offer a low cost service that many customers use and enjoy. Are you suggesting that companies who provide goods/services their customers want do not deserve to make a profit?
4. I've noticed most of your posts conclude with an unrelated accusation, in the form of a question (often w/no question mark though). See examples above. Why do you do this? It reminds me of how our former president communicates his divisive conspiracies.
|
| Back to top |
|
|
|
|
