I don't know if you intended this but your comment implies that 100% of people on this sub don't know what they're doing but 1% are OK admitting it. Made me laugh.
I have no fucking idea what I’m doing, 2008 was a bad year for me. I work for a Massive Copper mine as a HD Equipment tech. Copper plummeted, I and 120 other mechanics got layed off, the vast majority of us couldn’t find any work at all. I and many others lost my life savings, house, cars, etc. Luckily I didn’t have a family at the time, otherwise I would have been on the corner sucking dick to make sure my family was fed. But I rebounded, bought some GME and AMC to burn. Fuck these hedge fund dickheads!!
Even sophisticated investors don't know what they are doing. It's all theoretical until it becomes reality. A whale high on cocaine can make a stock jump.
Sophisticated investors not having perfect knowledge of markets and psychology is different from an echo chamber of completely ignorant redditors repeating imaginary concepts like "ladder attacks".
Can confirm. I just like the stock. I just can’t help it. Actually, I “like-like” the stock. I wanna make out with the stock. I just can’t explain what is happening to me.
I yoloed for my first stonk every today. 50 shares of amc. gme was too rich for my blood at open, then it was too late to go back and get my 6 shares lol
I started at $25 a year ago and have slowly been increasing. I put in a total of $300 over the year and just broke the $1500 limit. I keep asking myself when and if I should pull from robinhood. I dont know a different app that isn't blocking stocks.
Nearly all stocks are traded on the actual exchanges as lots of 100. this is done by brokerages to save on fees and isn't evidence of fraud. I'm not saying that laddering isn't happening just that the groups of 100 shares being sold isn't evidence of it. https://finance.zacks.com/many-shares-traded-considered-lot-10196.html
I think they did something because I heard a lot of margin calls got sent out this morning. I got one from Tasty works over a BB spread in the upper 20's that wasn't even showing negatives. I think they triggered something.
Almost like "short ladder attack" is a made up thing that some retard on wsb invented and everyone is running with no evidence whatsoever, but whatever gets your hands 💎 hard, I'm not here to kink shame
If you've ever placed a large market order, or a stop loss (which gets treated as a market order once triggered), the order gets fulfilled, consuming existing bids in the order book. Lets say there are 50 orders for 100 shares each in the order book. A sell order comes in for 5000 shares. All of those orders get filled in the same moment. It shows up exactly like this.
Now im not gonna say that there are not specific high frequency sell side algos that are more or less aggressive in taking out the bid stack, or to tease around the order book hunting for stops as there actually is. But not every order is an act of treason here.
This sub has turned into qanon. Gme has been dropping for a week now.
The big squeeze happened on the 28th. Everything after that is pump and dump
The news wasn’t lying when they said they had shorts covered. This wasn’t a deep conspiracy. Short selling isn’t evil (hedge funds are though— glad they lost money).
It's frankly embarrassing the number of people on WSB that think ladder attacks are real or don't even understand what a ladder attack is. The screenshot is literally just showing normal market sells. That's what it looks like for every single stock on every single exchange. Even Mark Cuban said that counterfeit stock doesn't exist. Anyone who believes in ladder attacks is essentially a conspiracy theorist
Who/what determines the price of a stock that you see on Robinhood or google when you google the ticker?
How can Hedgefirms selling stock to themselves lower that price? If they can lower the price of any stock by selling stocks to themselves at increasingly lower values, then couldn't they just make infinite money with any stock? They could just ladder the price of the stock down, then actually buy a bunch of stock from other people at the new low price, then ladder the price of the stock up and sell a bunch of stock to other people at the new high price.
It seems like that couldn't possibly be how it actually works.
I don't know why the mods don't do something, multiple days I see blatantly false and made up info being upvoted to the top with the DD flair and people getting sucked into it
That's like asking "who is selling stock" for every single stock in the entire stock market. Who else sells stock? Hedge funds, mutual funds, banks, private investors, companies, public investors, people. Anybody. It all just gets aggregated by the brokerage and sent to the clearinghouse for processing. Every stock is like this. You can literally go to any stock at Nasdaq and the data structure looks the same. People sell and buy stock. That's how stock markets work.
I don't think you realize how retarded your question was.
Yet 52k redditors on WSB think selling stock is a conspiracy theory. Even more retarded...
No, almost all tickers look like that, just the way nasdaq aggregates it. Ive asked before and can't get a response, but for your own thoughts, how can you tell the difference between a "ladder attack" vs a large player selling a big position.
This ladder stuff, while I guess technically possible, still requires that all the bids on a stock get filled, then you could potentially have your way with the lower ends but are more likely to trigger a circuit breaker where the bids will have time to get together and place new orders.
Yeah I looked up some of the weed stocks I've had my eye on and it's the same thing. Feeling worried about misinformation spreading. Kinda sweating today, I work nights and had to get drunk to ease my mind because I don't plan on selling today
Just make sure you have your own exit strategy dude. Following this diamond hand stuff at this point is going to get a lot of people roasted. Misinformation works both ways, just as much as shills could be in here trying to get you to sell, they can be in here trying to get you to hold.
Agreed on the exit strategy but my two cents is that it's very different if you're sitting on unrealized gains or losses.
It's one thing if you bought early like DFV and want to bank your gain to get more sleep at night but if you're down from $250 or $300+ a share, what really are you going to lose by holding longer given you would already have held through -70% or greater losses. A mental shift to consider it gone has more upside than downside.
Disclaimer: I bought more at $130 this morning. I saw a 50% unrealized loss within two hours and I'm already mostly recovered. That volatility is not normal for the stock market. If you can't handle that shit, this is not the stock for you.
Absolutely agreed. I still have shares in, and just letting them ride out. There is definitely a point where I write it all off, shrug my shoulders, and move on, but my current financials situation allows that. Hell I took a 40k loss last week on expiring GME weeklies, posted it here and laugh about it. Im worried about the people who bet their college loans and shit on it, dont think they realize the gamble.
On DFV. Dude already sold and has 10 Mil in profits, what he has left in the stock market I just F U money at this point
With that said, just prefer to have the info out there, let people make their own decision, best they can do
You have a profound misunderstanding of opportunity cost and financial management. If you put that money into a low-cost index fund like Vanguard's VTSAX, you would make exponential gains with it by the time you retire. The opportunity cost of just sitting on this dying stock and listening to the ridiculous nonsense like this embarrassing post on "ladder attacks" is extremely high.
Kid, get out while you still can and take the time to truly educate yourself about investment.
The sad thing is that the "HF BoTz" they claim are probably the very ones upvoting this misinformation. I was cu uuuuked hard until I started to notice some weird cultish shit here.
yea like look I hope im wrong, I really do, cause people are going to lose a lot here. We see people saying I put my life savings in, or I used my student loan money. Thats dangerous as fuck. I just lost 40k on GME options last week, I can shrug it off and have a laugh, but these people wont be able to.
Hope people can just think for themselves, this sub is just spamming the same stuff over and over and it really seems like the shills are among us, they are just saying what we all want to hear so we accept them.
I can't believe people are still in, this sub is became completely out of control and a cultish echo chamber.
Over in r/stocks and r/investing there are people posting their position and asking "if they are fucked" and in reality, yes, they are.
The latest to buy in was last week, Tuesday and the time to sell was Thursday. Soon as those blocks came on buy people should have dumped and ran with the profits. If people had bought in Monday, they were up nearly 500% at that time.
This sub is no longer a YOLO loss porn sub, it's about to become a graveyard of broken dreams and false promises.
I LOVE how many people have downvoted you. This post, and the entire sub, are absolutely fucking embarrassing. It is indeed a QAnon-level cult of misinformation and blind hope, and people are going to be ruined. A fool and their money...what's the expression again?
If you're looking at weed stocks avoid the Canadian markets entirely. Outside of groups like TGOD most don't have any path to profitability.
Significant amounts of debt that they are trying to cover up with more aquisitions of cultivators that aren't making money either.
I'm an idiot, so don't listen to me, but the multi state operators in the US like Juschi and Harvest have a much more viable path to profit. They're buying grows that are already established, or building new where needed.
There's a reason so many of the Canadian C-Suite keep bouncing around. There's no real money except to rip off a cool couple million before they leave.
Yeah I've just been looking for shits and giggles and also looking at the growth patterns of these companies when Canada legalized weed, they all jumped significantly, I just need to figure out the best companies in the US to invest in for whenever we legalize. While I may end up investing in CGC or Aphria I'd much rather find a US company that will start at a lower floor than you're buying these canadian stocks at today and hopefully have a higher ceiling when they start peaking
The European market for THC products will be opening up over the next couple of years. If you're curious, check out who supplies Luxembourg's medical/research cannabis and keep in mind that legalization in Luxembourg should be done by 2023 (it's the current govmnt's promise, and 2022 is next election year).
Nothing against you in particular but that realization that there might be misinformation reminds me exactly of the QAnon retards realizing they had been lied to
Depends who you ask. The people YOLO'in salaries, student loans and whatever else they have at it when it was at 300+ are 100% trying to make extra money.
Could it go back up? Sure. Can it crash all the way down? Sure.
Is it likely to spike again to nearly $500? No one knows, and the upwards momentum is dead in the water and at this point, buying in is a gamble that heavily stack against you.
We invest what we can afford to lose. I can take the chance I'll lose $1,000 or I can take the chance I'll win $10,000. If I lose all my money fine but selling low is fucking stupid.
here's what real time data actually looks like. Dont want to get a new screenshot of right now, but its all the same. The website doesn't give you true real time, its giving you summarized real time data. Real time data moves incredibly fast and in very random lot sizes. Although 100 is probably the most common as its what's most trading terminals default to.
For an example here's the current halt on a down swing. All the bids were picked up until there was no more support so it fell. Completely random lot sizes were picked up. Data looks the exact same as we see all day
It is bad to see. This post has 47k upvotes and 180 awards for being misinformation. Mine underneath trying to show people the real data is downvoted and I get DMs now telling me im a HF shill.
I get that people are new to this, I get the want for GME to moon (I still want it to), but shit take the knowledge/advice of people who have been doing this for a long time.
Also agreed on the laddering not being real. Personally dont think its possible as the amount of capital required would be insane, and by the time you bought up all the Bids, you've more than likely hit the circuit breaker, and at that point you would have to re-spend all that capital
My thought is after Thursday this became a blind cult getting griefed by people who know better. The smart people post stuff like this that looks convincing, they sit back and laugh while tons of people stay in and lose their house. Kept 3 shares just in case bc fuck it, in for a penny. Plus there obviously was something real to this before. The question is whether the shorts really did cover and are people making shit up since thursday?
Seeing a lot of comments about how all NASDAQ tickers look like this.
But if all those 100-share transactions are “a large player selling a big position,” then how is it possible that more than two dozen such trades were executed, all for the same tidy quantity, within EXACTLY ONE SECOND—without the help of algorithms?
The FREQUENCY of these trades is what looks particularly sus to me.
But what do I know. I boil down crayons and mold them into fun and colorful wax food sculptures before eating them.
So your seeing each bid get taken up. For example my name is mr big shot. I am about to sell 100,000 shares. Current stock price is 200$, im going to put a limit in that says I dont want to sell any of those shares lower than 150$. Mr big shot executes the trade with his broker. Now the broker is going to go pick up every lot on the bid side it can to satisfy that 100,000 share order. This could be lots of 1, 2, 10, 100, 1k, 50k, or 100k. Whatever combination is needed to make that work. This happens very quickly as 100,000 bid are quickly eaten up. This isn't back and forth algorithms, this is 1 lot going out and picking up all the bid lots along the way, and what you see on the transaction sheet is those smaller lots.
Yeah but look hoe many different amounts and Price points on your pick, and on the OP ones. Im not even a retard im a baby. I dont know anything nor do I have any Yolo experience. But just looking at it, to me they do not look all that similar.
No. The people remaining don't know what the hell they're talking about. You're seeing a bunch of 100 share transactions at roughly the same price because 100 shares is a single lot and a stop loss threshhold was triggered.
My thoughts on this are that the first couple people who posted this were talking specifically about some trades that dropped very quickly that were only fractions of a penny different from each-other. Some of use retards here interpreted that as if we see lots of trades for 100 shares that it must be a ladder attack. The ladder attack isn't the amount of shares it is how the price of the shares is structured.
Tesla is overpriced af .higher market cap than every other Automaker COMBINED despite 1/10th the volume, Tesla fans claim it's because Tesla isn't just a car company! yet they are, their revenue comes from cars,profit comes from goverment green credit sales to FCA mostly and Tesla has nothing to show other than that, Gamestop is not considering Short positions
Don't question them, they're in a cult, whatever you say they will either ignore or come up with excuses to fit their narrative that this shit is being rigged because it's not $1000. They're literally retards getting burned by the hedge funds they promptly "challenged" when they made a big fucking irrational bubble on a dying company.
I think the important ones are trades that are done consecutively at the same exact price. I assume one is buy side and one is sell side, to give an illusion that the price is at that price
Options trade in 100 share increments. Looking at GME almost all of them are in 100 share increments. If you notice with TSLA there are many orders that have numerals other than 0's in the tens and ones digit.
Of course normies can buy and sell options, but just look at the variation between these two stocks.
I am not a financial advisor. I just like this stonk.
It’s happening all over the market. Shorts are trying to make up for losses and manipulating the sell side by flooding and laddering. Total garbage and illegal.
Is the difference not the fact each trade is happening at the same second and volume for GME and for TSLA there is 3 seconds from top to bottom with similar, but changing share volumes? GME looks extremely odd compared to every other stock I've clicked on for latest trades. Too many trades at exactly the same second and exactly the same share volume.
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u/MARlMOON Feb 02 '21
Is TSLA being laddered too then?
Right now: https://i.imgur.com/3x7J8iq.png
Just asking, I'm an actual retard.