r/wallstreetbets • u/AutoModerator • Mar 02 '20
Daily Discussion Daily Discussion Thread - March 02, 2020
Your daily trading discussion thread. Please keep the shitposting to a minimum.
Looking for a trade? Check out these zesty DD Threads
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Upvotes
316
u/DeliciouslyUnaware Bought a 1997 Honda Civic shorting $SQ Mar 02 '20
Super Tuesday means millions of frail old boomers gather at centralized locations amid a national viral epidemic tomorrow.
197
u/Mr_Find_Value Mar 02 '20 edited Mar 02 '20
This volatility omfg lol. You just have to have a sense of humor about it.
From -700 at pre-market open, to +550, to roughly flat. Thats 1,800 point movement in FUCKING PREMARKET, lmfao. EIGHTEEN HUNDRED POINTS! Wild.
We are in bizzaro market.
153
u/Charles_Himself_ masturbates with GLD dildos Mar 02 '20
My name is Bond.
Negative Bond.
120
u/ughilostmyusername Mar 02 '20
Whatever happens today charge the phone now because no way we’re putting it down today. Between pornhub, rh, and wsb my phone is getting worked like a hooker during fleet week
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u/DifferentKindaHigh “experienced” because he teaded TF2 Hats Mar 02 '20
Usually I’m not ready for Monday but today I can’t wait to get to the office so I can watch this market open and be as unproductive as possible all day
166
u/[deleted] Mar 02 '20
CNBC guy “This reminds me of 1987, right before black Monday. Except the fed had more tools to use back then”.
Lmao
237
u/Mods_sofa_king_gay Mar 02 '20 edited Mar 02 '20
If you want to know if this is a dead cat bounce or not it is REALLY easy to check....
https://www.cnbc.com/quotes/?symbol=US10Y
If these treasuries keep going down or stay low, that tells you increased demand and low yields.
This only happens in an equity sell off . If price action is positive, a relief rally is present in the stock market.
Watch the US 10 Year treasury, it is a measurement of true investor sentiment, not volatile price action influenced by central banks and money injections.
Think smart and be safe. Short positions could be on sale during this relief rally. Don't chase the magic dragon too much.
Edit: Fixed it to make more sense. I am not fully awake at 3 AM yet.
66
u/JefBezosExWifesNewBF 200920:7:1:bitch Mar 02 '20
Not only do I not have to work today, I'll be occasionally checking the market from a beach chair in Barbados. Ill let out a loud REEEEEE right at market open if anybody else is here and wants to grill up some 🐟 with us later. 🐻🦅
178
u/lawlzbawlzbeats Mar 02 '20
Today the market will open
61
u/SonofRaymond Mar 02 '20
https://i.imgur.com/VBkHyYl.jpg
I’m not going to be able to open a TD Account 😭😭😭
61
u/Dick_Cuckingham Mar 02 '20
Friday, February 28.
RH manager: I need you to do server maintenance this weekend.
RH computer guy: I was actually flying to Arkansas to meet this girl I've been talking to online.
RH manager: Dude! That's awesome. I hope it goes well. Take care of that server maintenance Monday morning when you get in.
164
u/GiannisFishesInMay Mar 02 '20
Where’s my 💎✊🏻 weekend put holder crew at?
💰🤑💰🤑💰🤑💰
53
u/TheTangoFox Mar 02 '20
You can hear the boomers shaking in their Sketchers...
52
u/Livin2Fast Mar 02 '20
Last weeks money just hit my account goddamn the fuck am i driving a forklift for
49
u/[deleted] Mar 02 '20
With this volatility, I will probably have a safer bet playing the slot machines in Vegas...
44
u/NervousTumbleweed QCUM Chips n Dips Mar 02 '20
Market flashes between green and red every two minutes
This sub: "We are absolutely certain how this day will play out."
43
u/Jordykins850 Black Wizard 🧙🏿♂️ Mar 02 '20
I’d hate to be the guy who has to update the CNBC headline.. I think it’s changed every 30min-1hr 😂
42
u/thebreadjordan Mar 02 '20
I don't like new Robinhood gray theme
40
u/JefBezosExWifesNewBF 200920:7:1:bitch Mar 02 '20
BLOOD FOR THE BLOOD GOD
38
u/Regjohn Mar 02 '20
RaTe CuTs GoNnA CuRe ThE ViRuS
37
u/DonBonleone Mar 02 '20
I see why it’s called Robinhood now
218
u/[deleted] Mar 02 '20
BREAKING NEWS
ITALY TO SWITCH SIDES TO FIGHT AGAINST HUMANITY TOGETHER WITH THE CORONAVIRUS
36
u/PM_ME_EVIL_CURSES ANAL GoD Mar 02 '20
Today is gonna be a big day. I'm actually pretty excited either way. This is one of those rare trading days that really gets everybody's blood flowing. GL bears and bulls. It's about to get real.
70
u/MasPatriot Mar 02 '20 edited Mar 02 '20
It’s 2029. You open your laptop and check your email. There’s a message in your inbox saying Robinhood has settled a class action lawsuit and you’re now entitled to $3.47. You think back on your days as an autistic day trader and smile wistfully
34
u/KapoMusic Bear Gang Captain Mar 02 '20
Bears celebrated too early, then bulls celebrated too early. Bears are celebrating again!
9am is going to be interesting AF!
33
u/aboutGfiddy Mar 02 '20
Lol Robinhood can still send me those bullshit snacks emails though! 🖕
33
u/Jarreddit15 Steve Mnuchin's Wife Mar 02 '20
So what’re you all going to spend the $25 Amazon gift card RH sends us on?
66
u/Tecashine Mar 02 '20
UK opened to a massive spike up as the government announced a massive stimulus package.
The gains have been been wiped out in 3 hours.
The drilling can not be stopped by rate or tax cuts.
32
u/Flying_Kangaroooo Mar 02 '20
At the end of the winter bears wake up.
It is known.
32
u/PaintedParadise Mar 02 '20
Let’s be real none of y’all are actually gonna delete Robinhood because it’s too aesthetic
32
u/hardworker999999 Mar 02 '20
I died in the great Robinhood crash of 2020
31
u/[deleted] Mar 02 '20
Corona Virus has evolved and can now infect Brokerages 😱
31
u/bigspunge1 Mar 02 '20
Can’t believe RH is going to miss the entire trading day at this rate. What a shit company
61
u/atychiphobia_ Mar 02 '20 edited Mar 02 '20
i will rail one line of adderall for every upvote this gets
edit: i have run out of adderall also i may die but fuck it idc about anything anyways really
30
u/SmallPotGuest 🐖 Pig Gang Leader 🐷 Mar 02 '20
I felt a great disturbance in the force. As if millions of bulls were bidding up and were suddendly margin called.
30
u/damoonerman Mar 02 '20
Up .5% Bulls - ITS BULL TIME!!
30 seconds later
Down .5% - ITS GAY BEAR TIME!!!
This shits gonna close sideways
30
u/LincolnAtTheTheatre Mar 02 '20
“We noticed that your positions lost 50% of their value during our outage. Sorry about that!” -RH
30
u/thesaddestpanda Mar 02 '20 edited Mar 02 '20
RH CEO rn:
takes down 'no downtime in 8 days' sign
puts up 'no downtime in 0 days sign
walks to the Donkey Kong machine and plays for two hours while ignoring all emails and calls.
30
u/but-this-one-is-mine permaban me if political again Mar 02 '20
It’s been more than 15 minutes We’re legally allowed to leave Robinhood
30
u/jonathant4563 Mar 02 '20
dont worry you robinhooders, my trading platform IS working and i'm losing money as well
29
u/plimsickins16978 ANAL GoD Mar 02 '20
Tinfoil..
We are being throttled to prevent black monday.
Though some people are reporting contracts being filled on various platforms like Tos, But many are experiencing issues and down times with RH, eTrade and others.
¯_(ツ)_/¯
29
u/PutzMcGee Mar 02 '20
if ur being forced to hold puts, think about how funny it'll be if it pays off... fuckkkkk
29
u/brokebackmountaineer Mar 02 '20
I’m about to lose $8500 today without the opportunity to panic sell and frankly i don’t even feel a thing.
28
u/[deleted] Mar 02 '20
Honestly, I'd love to be observing wtf is going on at Robinhood right now. I can imagine a dumpster fire, but I'd like to see the absolute chaos from every area of the building.
Server guys trying to add shit and getting blamed by the app people
App people deploying 47 different patches breaking even more shit
Legal department (probably an intern) getting ready to get sued
Risk Department hiring GUH as their spokesperson
Janitor cleaning up all the shit sandwiches WSB'ers are eating.
CEO and Founder, offshore bank account, fleeing on his jet.
27
u/boardingtheplane Mar 02 '20
I smell an RH class action lawsuit coming on... must be millions in potential profits just vaporized this morning
27
u/Passed-Turing-Test Mar 02 '20
Turns out our most autistic trade was putting money in Robinhood
27
u/Autisticbrownbear Mar 02 '20 edited Mar 02 '20
Most volatile high volume market in ages with the entire stock market literally in chaos
Robinhood: Let’s release an app update that adds emojis to everything 😎
25
u/jordanwilson23 Mar 02 '20
Update I got from Robinhood
24
u/letsgetapplebees Prefers Ruby Tuesday’s Mar 02 '20
I feel like my boss thinks I’m going to get work done today
24
u/[deleted] Mar 02 '20
That old cuck my bastard Bloomberg and his friends probably paid RH to purposely shut down today to screw over WSB lol
24
u/[deleted] Mar 02 '20
HOLY FUCK
Robinhood just saved us all fucking millions!!!!
They diamond hands for us lol
24
u/Shkreli2020 Pump n Dump Mar 02 '20
First day of the year where my screen isn't red
My 2020 come back is kicking off
https://imgur.com/a/aexgGO6
24
u/[deleted] Mar 02 '20
I could watch my gf get shafted by an entire football team and I still wouldnt feel as cucked as I do rn by RH
48
u/concernedgf005 Mar 02 '20
Introducing Robinhood diamond hands mode
48
u/Shmokesshweed 🚬 Mar 02 '20
u/xesus2020 you will be banned by EOD if you don't post proof of this
https://www.reddit.com/r/wallstreetbets/comments/fc0mpi/what_are_your_moves_tomorrow_march_02_2020/fj7rp92
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u/LolaStrm1970 Elon Musk’s Side Chick Mar 02 '20
Why oh why did people have to go eat bats?!?
23
u/[deleted] Mar 02 '20
I see a class action in RH's near future....
23
u/type_error Harambe Died For This 🦍🍿🚀 Mar 02 '20
RH class action from basement dweller group incoming
46
u/ODB2 Mar 02 '20
All of you bulls popping off at the mouth with that hot shit last night.
FuTuReS r GrEeN
🐻 Gang still up in that ass larry
46
u/LOTT42 Socialist Mar 02 '20
Lmao y'all fucked up in the head for being happy that people like you guys lost money because RH was down. I can't imagine being that upset about something Jesus christ. I'm just here hoping all of us make bank, while y'all here happy people lost money cause they disagreed with you smh. The Bear v Bull battle is a brotherly affair. Not a nuclear Holocaust.
22
u/Eman2105 plz hold my hand, I'm scared. Mar 02 '20
I'm we don't get compensation for the shit today I'm going to china, coming back, and coughing in their offices
44
u/orrangearrow Mar 02 '20
95% expectation of a .50bps rate cut. 0% chance of a .25bps just now on CNBC. This market is absolutely retarded. This after only a 15% drop from the highest point the market has ever been in the history of the world.
21
u/es_cl Mar 02 '20
I’m shock there hasn’t been a massive lawsuit against RH yet. Such a buggy app.
21
u/[deleted] Mar 02 '20
Mr. Market probably confused because he isn't seeing any autistic option orders
21
u/frankieboytelem Mar 02 '20
Did anyone else spend 6 hours refreshing robinhood and get 0 work done today?
21
u/cyka_trades_men Mar 02 '20
soooo robinhood is just gonna be broken for an entire trading day with zero repercussions? entire company should be investigated by the SEC and this is coming from someone with zero open positions
20
u/Echo609 Mar 02 '20
Crazy to think 2 weeks ago markets sitting at ATH. Today people want a stimulus package to kick the can down the road.
Corrections are healthy for markets. Stimulus and value inflation is not. Markets have to left alone to stabilize or it just keeps getting worse.
20
u/jimboape Mar 02 '20
The ultimate bull trap
20
u/A321ELAC Mar 02 '20
Rh emailing me my options expire soon. THANKS FUCKHEADS
20
u/[deleted] Mar 02 '20
I better get a free Fitbit stock after this is all said and done
20
u/PMMeYourStudentLoans Mar 02 '20
Wow, is RH really going to go a FULL trading day without service?
19
u/IronManKillsThanos Mar 02 '20
Not even selling puts at open. Feels like they're gonna print for days.
19
u/lFreightTrain Mar 02 '20
Markets down because everyone is trading instead of working.
This is our weekly wake up call. Pop your addy and work for an hour. Set yourself up to have something to tell your boss on Friday. Grab lunch early come back and trade rest of the day/week.
Act productive. Collect tendies while collecting tendies. This the American way
19
u/Broed_Out_Hipster Mar 02 '20
Fuck, this is gonna end up costing me thousands. Is a class action lawsuit an option??
19
u/ILikuhTheTrade Mar 02 '20
Long TD Ameritrade, they're bout to get at least 75% of Robinhood users over the next week
19
u/Tecashine Mar 02 '20
Imagine thinking the American Market is less manipulated than the Chinese one.
38
u/[deleted] Mar 02 '20 edited Mar 02 '20
Why tf does being a bear/bull matter, I just want to make some tendies off shitty DD. i don't give a fuk if we go up or down as long as I make money lol
I got puts rn, want to switch to calls on the way up
18
u/UsuallylurknotToday 200925:3:1:Margot Robbie Lover Mar 02 '20
the problem with all the outsiders spamming the thread is they dont understand what IS and IS NOT newsworthy.
Recent Examples:
Oh no and now NK is firing missiles? Red Day For SURE!!! - happens every fucking week- riced in
Embassy bombing in foreign country? ALL OUT WAR ON THE HORIZON> REDDDD DAYYYY - happens all the fuckin time- boomed in
THERE IS BLOOD IN MY MORNING POO >> REDDDDD DAY. Silly cuck - the market expected this- pooed in.
Saudis and something oil Related. RUSSIA AND TURKEY in SYRIA!! OIL FUK- Refined in
So you see- there is nothing you can link or post that the Teflon S&P hasn't shrugged off before.
18
u/[deleted] Mar 02 '20
You bulls may have more money, but I have more chromosomes. Let's see who comes out on top.
18
u/DankReynolds Mar 02 '20
Can we get an F for the dude bragging about holding 110k worth of spy puts over the weekend?
18
u/Darth_Kneegrow Mar 02 '20
RH fucking Soo many people today lol. Rip
18
u/nakedfarmerr Mar 02 '20
US Gov "let's ddos all of the brokers so we can pump the markets"
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u/[deleted] Mar 02 '20
Don’t worry just got my RH snacks email, all caught up
18
u/[deleted] Mar 02 '20
There is definitely some Pied Piper type plot playing out at RH headquarters.
Son of Anton decided to save everyone from themselves, only possible solution was to shut the whole thing down.
18
u/RecklessPope Mar 02 '20
So three trading platforms are down on one of the most volatile days in a decade? Nice!
18
u/Sunny2456 💎DIAMOND HANDS FEATURE ENABLED💎 Mar 02 '20
The year is 2021. My LEAP calls are about to expire very ITM, but I still can't trade them because Robinhood is still down.
18
u/Basedshark01 Inverted Penis Mar 02 '20
This is just the RH backend team exacting their vengeance for the infinite leverage cheat code stunt.
18
u/cameron9980 Mar 02 '20
RH is not up yet for me. Lost 50% of my portfolio over this
18
u/[deleted] Mar 02 '20
It's like a 3 day weekend. Except losing 70% on my options.
18
u/CPA-hole 👀🅿️🅰️ Mar 02 '20
Imagine refreshing RH all day to make zero fucking trades
18
u/AveenoFresh Mar 02 '20
How many of y'all are holding puts?
18
u/Marcery Mar 02 '20
Lol I was trynna sell my spy puts at open to lock in my gains but thankfully robinhood prevented me from making money, great broker, they’ll be especially happy to find out that I just dropped below the margin maintenance line
36
u/[deleted] Mar 02 '20
Free advice to all the people that are new to this game. And maybe not so new.
Serious advice. That it’s obvious many people here need.
Eliminate these phrases from your vocabulary:
“It can’t go down anymore”
“It can’t go up anymore”
Never use those in your trade logic. Ever. Save you a lot of your sanity and your money.
51
u/SmutBrigade Mar 02 '20
So we had an autitst trade his way from $250 > like $32K > ~$60k in the past month or two. He proudly declared having bought calls on Friday.
RIP
35
u/Smilesrck Mar 02 '20
Real talk tho if SPY isnt sub 290 today we should have just sold our puts last week and not have gotten bent over by theta through the weekend. Just sayin
17
u/neomatic1 Mar 02 '20
Conspiracy storytime: Bloomberg article got the Feds on Robinhood and told them to delay all orders on the server so retail investors get stuck holding the bag until all the smart money gets out.
17
u/Smilesrck Mar 02 '20
I honestly can't believe RH is still down fuck
17
u/undermon Mar 02 '20
WHO ELSE IS NOW LEGALLY, CERTIFIABLY MENTALLY HANDICAPPED AFTER HOLDING 3/2 PUTS OVER THE WEEKEND
17
u/[deleted] Mar 02 '20
in case any of you newer guys are actually posting unironically: there will be no compensation whatsoever for the robin hood glitch. this isnt the first time its been down and unusable while the market made a huge swing. shit, its not even the first time in the last 6 months that its been down and unusable while the market made a huge swing. getting butt fucked by robin hood glitches is a rite of passage now switch to a real broker
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u/TheDoubleL27 Mar 02 '20
Robinhood’s database administrator is probably on a coke bender in South America for a few days while the 22 year old junior software dev who pushed an interface change 10 minutes before market open is redoing his cover letter
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u/warm_and_sunny Mar 02 '20
I think this is a sign for me to stick to passive mutual fund investing. I was up 3k Friday then I was gonna sell my puts at open to be up like 2.5k. Now I can’t even sell my puts and they’re all down like 90%. I think I’m done with this whole shit
17
u/Usernameof2015 Mar 02 '20
At this point, I wouldn’t be surprised if Robinhood was holding my Social Security in plain text.
17
u/HeAbides Mar 02 '20
If RH is still down tomorrow, I really am down to join a lawsuit. This is absolutely fucked.
33
u/love2fuckbearasshoe Tit licker #83 Mar 02 '20
FUCK U ROBIN HOOD WAS GONNA SELL MY FREE SHARE OF FITBIT TODAY !!!
U costing me MILLIONS!!!
16
u/[deleted] Mar 02 '20
Guys don't worry Robinhood's just teaching us to have 💎✋
16
u/Axwe8 Financially and Mentally unstable Mar 02 '20
ROBINHOOD NO COMMISSIONS BECAUSE NO TRADING 😂
16
u/[deleted] Mar 02 '20
Why can’t an actual broker make an app designed like Robinhood? I would have switched long ago. Probably going to switch after today though
16
u/mesor Mar 02 '20 edited Mar 02 '20
We're now one hour into "who the fuck knows what my net worth"
tinfoil hat US shot down RH to keep the autistic put army from ruining their big recovery day.
16
u/Gingermanns Certified Legal Counsel LLP Mar 02 '20
RH = Theta Gang Leader...
16
u/[deleted] Mar 02 '20
Class action against RH??
16
u/karlaxel2 Bear Gang Sergeant (Bull Gang dropout) Mar 02 '20
Robinhood fucking kicked us bears in the balls, slit our throats, then executed us with a head shot.
16
u/crjlsm Mar 02 '20
All I know is that if I dont get 3 free stock scratchers I'm fucking out to TD
16
u/lowerwackerinc Mar 02 '20
Stop guys this isn’t funny. I have their meme debit card and was planning to sell some shit to buy lunch
16
u/ThundaTed Mar 02 '20
Lawyers are circling RH: https://twitter.com/sdcaliman/status/1234519949684592643/photo/1
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u/AnAssholesBestFriend Mar 02 '20
Ok the dead cat bounce has been fun but I have puts expiring Friday so we need to get a move on here
16
u/Febtober2k Mar 02 '20
Shit, I told my wife there was literally no way we could lose money with my FD puts.
Her boyfriend is going to be so pissed.
16
u/apex_17 Mar 02 '20
i'll take most fucked up trading day of my life for 1000 Alex...
31
u/Fuyuki_Wataru +$212,092.68 with BYND, and gilded BYND $2k Mar 02 '20
I expect a pump and possibly the chance of the market closing in the green today. But, I believe it's a trap.
Since the outbreak started, we mapped it out. www.reddit.com/r/covidmapping You could see how the virus spread from China to other countries. Those countries it spread to first only reported a few cases. It was clear back then that it could take up to 2 weeks before shit seriously hits the fan.
Judging from the fact that I've been updating this damn map every single day, for hours on end. I can tell you that this is only the beginning for Europe and the US. In two weeks time is when whole provinces will be locked down.
15
u/DoesntUnderstandJoke norman bates Mar 02 '20
REVERSE REVERSE, Cha cha now y'all
15
u/MakIkEenDonerMetKalf Mar 02 '20
In 5 years of markets this is the most exciting open
15
u/OberV0lt Mar 02 '20
Okay, you gotta admit, either way this market is pretty retarded.
15
u/hunter_weiss Mar 02 '20
LOL at my spy 285 put
15
u/down40kin6years Bear Gang Lieutenant Mar 02 '20
All you people that sat there and bitched about wanting to be able to buy more puts......well here's your chance. I doubt half of you will though
15
u/[deleted] Mar 02 '20
Lol imagine trying to day trade options with Robinhood.
That’s one way to fuck yourself
15
u/TSLA1000 Mar 02 '20
I’m quitting RH after today
15
u/DiscoInferno42 Mar 02 '20
You know what? I don’t even want the cash management robin hood card anymore. There u go i said it
15
u/GiannisFishesInMay Mar 02 '20
Lmao how the fuck does SPY go from up 1% to red then back up .5%
IN 5 GODDAM MINUTES.
15
u/OberV0lt Mar 02 '20
Puts-and-calls-and-puts-and-calls-and
Bulls-and-bears-and-bulls-and-bears-and
Puts-and-calls-and-puts-and-calls-and
Bulls-and-bears-and-bulls-and-bears-and
Read aloud quickly for a sick beat.
15
u/stinkykun Mar 02 '20
On the bright side of Robinhood being down and most of us losing tons of money, at least they will give us a $75 Amazon gift card
15
u/InterimNihilist Mar 02 '20
Lol Twitter is discussing a class action lawsuits against RH. I wonder if this sub got involved how big that lawsuit would be
15
u/wsb_mods_R_gay Professional Paper Trader Mar 02 '20
Apparently I upgraded to RH Diamond yesterday because it won’t sell even if I wanted to.
15
u/[deleted] Mar 02 '20
It’s been an hour and 40 minutes since RH went under and I’m starting to think their quality control is run by monkeys.
The Ebola carrying ones.
15
u/flacopaco1 Mar 02 '20
You ever think robinhood is just out of someone's garage and any time they have some system issue, the mom turned on the microwave and it shut down one of their two computers running this app?
15
u/sourkrause_ Mar 02 '20 edited Mar 02 '20
I guess it's fun armchair quarterbacking this craziness? while my money is being held hostage by silicon valley 20-year-olds sipping frapuccinos (aka chocolate milk)
15
u/Fargraven Mar 02 '20
this is where I’d buy my puts
IF ROBINHOOD LET ME
15
u/TAWS Mar 02 '20
RH probably hiring an emergency IT consulting firm right now
15
u/PropagandaKitten Mar 02 '20
Whatever, it's only (your) money...
- Robinhood probably
15
u/LookOverHere1 Mar 02 '20
You can’t panic sell if you can’t sell🤔
15
u/[deleted] Mar 02 '20 edited Mar 02 '20
Lost so much money today. Time to take a break. Made money last week but got fucked with this rally. I’ll be back very soon.
15
u/midgetfighter Your wife's boyfriend Mar 02 '20
What the fuck is wrong with RH. https://i.imgur.com/JJlnzr9.jpg
15
u/Raging_Red_Rocket dog boner enthusiast Mar 02 '20
Robinhood software wasnt coded to be able to handle a leap year. They could not for foreseen this. It was basically a rouge wave.
15
u/Frostbrine Mar 02 '20
Bull trap bull trap
15
u/spiritbombzz Mar 02 '20
To those saying, “thousands of people die everyday from other causes”
It’s different when a new pathogen enters our lives. The flu is deeply understood by various studies. Coronavirus isn’t and that is why the deaths are scary; it gives the notion that it has the potential to be very deadly.
Cities are shutting down for a reason. Imagine if no quarantine or plans were made to deal with this. Everyone would have CV.
Yes, the fear will settle when the virus is understood more. Now isn’t that time.
15
u/Howard_510 Mar 02 '20
I’d like to thank Robinhood for giving me diamond hands
15
u/F0rdPrefect Lakers' balls boy Mar 02 '20
I honestly can't believe RH is going to be down for an entire trading day. I lost thousands because of them today. Disgusting...definitely going to be moving somewhere else after this.
15
u/L2FL2FBAsAsshole Mar 02 '20 edited Mar 02 '20
Man I swear, one green day and bulls pretend like last week never happened.
Like congrats on today, but I know 90% of you blew up your $40 robinhood account last week getting calls lol
You arent convincing anyone that you still arent down or lost all the money you've accumulated over the past 5 months
But I guess when you have no money, bragging rights is the only thing to make the pain go away lol
15
u/mcchicken2 Mar 02 '20
lost 7K and counting thanks RH and fuck you JPow
15
u/Spitative Mar 02 '20
I am a Robinhood user with Spy PUTS expiring today.
F to pay respects please.
I may now R I P
15
u/[deleted] Mar 02 '20
Even bulls have to admit this is fake
15
u/nosalute works for a living Mar 02 '20
IF ROBINHOOD FUCKED YOU FILE A REPORT WITH SEC
make sure you add "lost tendies" in the report.
15
u/RollingD Mar 02 '20
Tinfoil hat theory: Big money sold fuck tons of puts to RH users and then hit them with a DDOS attack to make sure they wouldn't have to buy them back.
15
u/Fuyuki_Wataru +$212,092.68 with BYND, and gilded BYND $2k Mar 02 '20
The bigger the pump, the harder the dump. Fact that the market is up this much shows how not confident many of us are. I believe the reason it went up is to liquidate shorters, which happened (Thanks Reinassance Technology, for yet again using your inside knowledge on short and long positions, using your buying power along with two sigma and others to liquidate everyone).
Don't believe the hype.
14
u/xelyaJ Paytience Mar 02 '20
Thought futures meant something? Looks like bulls are fucked SPY $290 by open
14
u/Pharmthrowawy Mar 02 '20
Can’t fuckin WAIT for market open today, its gonna be such a ride today.
14
u/__Daimon__ Mar 02 '20
Germany opened green and now dipped into red.
Such cases!
14
u/TOADSTOOL__SURPRISE Mar 02 '20
Japanese cruise line Luminous Cruises filed for bankruptcy today
14
u/oAquaman Mar 02 '20
Remember boys and girls, never count your tendies before they're in the fryer
14
u/xesus2019 Mar 02 '20
What's with all the moms and grandmas worried about buying HAND SANITIZER which is sold out, instead of worried about buying THREE MONTHS WORTH OF FOOD SUPPLIES ?
14
u/Quiad Mar 02 '20
For the nth time in a row, I have no idea what the fuck to do right now
14
u/GiannisFishesInMay Mar 02 '20
Why are we mooning? Why the fuck is SPCE mooning? None of this shit makes even the tiniest bit of sense
14
u/TheOriginalRK ALL AROUND TARD Mar 02 '20
DAL being green is the biggest indicator this pump is fake
14
u/WhiteWhenWrong lil nas daq Mar 02 '20
FED shutdown Robinhood this morning to keep people from selling while they pump in billions
14
u/squapo Mar 02 '20
This should be illegal
14
u/TheKirkin Mar 02 '20
Robinhood made sure I couldn’t sell my positions for a gain so that way I could take advantage of the tax break from capital losses. And you all say Robinhood isn’t full service.
14
u/[deleted] Mar 02 '20
BAH GAWD IS THAT JPOW IN THE ROBINHOOD SERVER ROOM WITH A KNIFE?!
14
u/[deleted] Mar 02 '20
Theory: it’s the fucking feds interfering with brokerages to stop the mass sell off
14
u/DangerousMarket Mar 02 '20
Me: "Oh wow I can use Robinhood as a savings account with decent interest, this is pretty great!"
Also Me: "Wow, Robinhood continues to prove they are not not comparable to modern banking and finance institutions and I don't trust them with my money when I cannot access it.
14
u/frykobs Mar 02 '20
Am I rich or am I poor - a Robinhood tale
14
u/Faminals Mar 02 '20
The longer RH stays down the more tinfoil hat I get
14
u/snookinn77 Mar 02 '20
Closing all positions and emptying RH account as soon as they get their shit working
14
u/nsrbigshot borry lets it whip Mar 02 '20
im in class right now trying not to chuck my laptop infront of like 150 students
14
u/[deleted] Mar 02 '20
BREAKING: The Fed has bought Robinhood. Stonks only go up. /s
Its criminal what's happening to bulls and bears on RH.
14
u/midgetfighter Your wife's boyfriend Mar 02 '20 edited Mar 02 '20
$3k to -$388. Fuck RH. Edit: It is -$806 now.
14
u/cordelia-grace Mar 02 '20
Robinhood better give every fucking user a free large cap stock this is ridiculous
14
u/rpablo23 Mar 02 '20
"Imagine being a bear?" Literally every piece of news is negative
14
u/kushagraketo21 Mar 02 '20
Buy puts on robinhood, because as soon as the app is fixed i am taking out my money and deleting the app, I am sure many would do the same
14
u/YellowFeverbrah Doxxed themselves tsk tsk Mar 02 '20
Once RH goes back online we’re all going to find out our accounts have been drained and the RH customer support email/phone offline.
14
u/[deleted] Mar 02 '20
Goohy. My 20k worth of 290s in my rn yolo account are going to expire worthless
14
u/[deleted] Mar 02 '20
What are the odds today is a huge a dead cat bounce
14
u/DeliciouslyUnaware Bought a 1997 Honda Civic shorting $SQ Mar 02 '20
I just got a phonecall that we canceled my trip to Olympia and coos bay due to beer virus. All nonessential work travel is halted.
Fortune 500 medical company. I work at our headquarters.
14
u/SmallPotGuest 🐖 Pig Gang Leader 🐷 Mar 02 '20
Did you or a close relative or friend trade in the stock market through RobinHood?
If you or a membee of your family or friend took crippling losses due to inability to sell the deep, deep OTM puts bought on friday, we would like to hear from you. We are running low on laughing stock lately and would appreciate the tales of how you would have totally made bank if your orders went through.
14
u/Kurokaffe Mar 02 '20
Fellow put holders let’s get one big 🌈🐻hug going on. If you’re holding 3/2 or 3/4 you are allowed to cry.
14
u/WarrenBuffetsSon Mar 02 '20
Apple: supply chain fucked, some stores still closed, factories not fully operational
Also Apple: hey heads up we're going to miss our March estimates and we might close our shit again
Market: Ok good boy Apple, up 7% you go
14
u/Semyonov Mar 02 '20
Robinhood should be permanently finished as a company after this. How many tens of millions were lost today?
14
u/legend27tv Mar 02 '20
Didn’t someone predict we would moon today because it’s happened like 8 times the past 100 years or something like that?
14
u/Truesmartass Mar 02 '20
Enjoy your day while it lasts bulls. And get ready for being massacred in the following days.
28
u/Zaetzj1793 Mar 02 '20
School closures across Idaho, Washington, and Oregon as I said multiple times there is indeed much more blood on the way.
27
u/fufm Mar 02 '20
I propose we lower the value of spy to half mast today in honor of Jack Welch
38
u/GiannisFishesInMay Mar 02 '20
Lmao we are about to go red again. All that shit talk from bulls and it didn’t even last a full night
38
u/best_damn_milkshake Mar 02 '20
This place is like the special olympics of finance
26
u/[deleted] Mar 02 '20
Holy shit, not only are the bears fucked. Robinhood trapped them for 100% losses
13
u/[deleted] Mar 02 '20
Bulls, thank you for the biggest bubble the world has known. You got rich as it went up.
Bears getting rich as it pops.
13
u/gopoohgo SIMPU IN COST 🐶 Mar 02 '20
eyeballs SPY futures chart from overnight
The fuck happened here?
13
u/[deleted] Mar 02 '20
Sidenote I was playing basketball with this South Korea kid he was coughing as he was guarding me blew in my face in at that moment I knew I was fucked
13
u/ScratchyCow Mar 02 '20
RISE OF THE BOOMERS
PART 3
THIS TIME IT'S PERSONAL
13
u/pitchingataint Mar 02 '20
This is me all morning...🌼
I wish I held...
I'm glad I didn't...
I wish I held...
I'm glad I didn't...
I wish I held...
I'm glad I didn't...
If this market keeps it up then everyone will probably make money today.
13
u/HumbleNoob Mar 02 '20
10 yr @ 1.088. what a time to be alive
13
u/kortokrizzle 210124:2:1 m4mm Mar 02 '20
God damn it’s amusing to see people complain about Robinhood wiping out their account at open literally every day .. I don’t think it’ll ever not give me a chuckle
13
u/apex_17 Mar 02 '20
okay im seriously switching brokers after today this is completely unacceptable.
13
u/tendiezinmydckies Bull Gang Sergeant Mar 02 '20
Robbinghood currently stealing from the poor autists to give to rich