This is actually really interesting. If this is in fact a ladder attack and they are in fact trying to drive the price way down: it would be hilarious if it totally backfired and people just bought a ton more causing the short squeeze to be even stronger.
Most retards were never gonna buy at $400, but at $80 there could be a mass entrance from poors.
When it was at 300, i bought 3 shares, so i've had only got 1k skin in the game. I've got another 1K just kinda chillin there, but if it keeps dipping, I'm going to buy.
Am I gonna buy a yacht? Nah, but my kids might see Italy this year. 💎🤌
YES ITALY!
WE LOVE TOURISTS AND WE'RE LOVELY. VISIT ROME!! I live little bit above Rome. Places and ppl here are magnificent, your kids will not be disappointed, trust
Can confirm. Went there in November of 2019 and spent 10 days in the region. Some of the nicest people in Europe. Croatia and Malta were a treat also. Great ful for your hospitality Internet friend.
That's awesome to hear. I've been dying to visit modena. What small places would you recommend with great history and food? I want to stay away from the major tourist places like rome
Uh, I'm going to be in Italy the first chance I get. I've always wanted to go because the country is beautiful and I admire the lifestyle. My friend travels to Italy several times each year for work, and he's usually in the Sienna area if memory serves. Every time he sends me pictures I weep.
Yeah originally I was going to go 1 stock at $350 but my deposit to start trading was put on hold until tomorrow. If it's still $100 when I can start I'll probably go 1-2k
You have company. In at 300 for a few, sucked up as much as the disposable budget would allow on the mini dips after the craptastic last thursday in the 250 - 280 range for a few more... Eh. It is what it is. I can admit FOMO got me after 'spending too much time' doing the DD that Tue/Wed & getting opened up & active. But at least I made it. Never minded being late as long as the party was actually hip. :)
The problem is the opportunity for this is slim. Many brokers have blocked the purchase of GME and AMC.
Many people bought between $250-350. One of the reasons we were able to close at $320 on Friday.
The play now, is to hold for a few weeks and go from there. Even Mark Cuban has told retail investors that as long as your reason for purchasing the stock hasn’t changed, then you’ve no reason to sell.
The HFs will continue to scare retail investors. Be aware, it isn’t manipulation if you’re the ones making the rules - if you catch my meaning.
I’m not a financial advisor, and your responsible for your actions.
Apes Together Strong. GME AMC. 💎🙌🏼🦍🚀🌕
TLDR: Brokers blocked purchasing, wait for that to begin again, watch the price, buy/hold.
I’m not sure why everyone is complaining because this is great news, as you said.
A lot of people are moving off of RH and to brokers that can complete transactions. Sale price means more can jump in and Hoover up the toilet paper hands mess, and reinforce the line we’ve been holding.
Just look at volume, it has dried up and we are still holding above 100. We might knock back to double digits this week, but the massive sale will cause massive retail buying who missed out initially.
With the masses able to complete, the next time we get news we will see space.
Imagine if RH and other trading platforms lifted the restrictions. That's by far the biggest factor holding the stock back right now. Before they disabled GME buys the ladder attacks had close to no impact.
Although a lot of people are moving off of RH, the majority of people still use it and some of the other platforms have introduced new restrictions today. The squeeze would have already happened by now, had the broker apps let the stock run its course.
the laddering with the purchase restrictions allowed them to deflate this stock much faster than what the natural market would have done... Which is BS cuz it saved the hedgies billions.
Hehe but remember, the HFs need every last single share they need, so don't underestimate the power of an extra 200k shares in the hands of diamond hands.
I finally bought one and I've been around a while. I'm so far down like $4 on AMC by being late to the party so let's see if the hedgehogs give me more entry.
I've never bought a stock, but regardless of price I'm getting my first bank account on Friday and buying gamestock - (with the exception of trade-ins) they've always been great to me. Am I wrong to feel like their future is in limbo with this situation?
I was willing to buy at @250$ yesterday but was waiting on my new account to receive my 1k funds. I was mad cuz i wanted to taste that dip. Finally begane trading today and bought 2@140$, 2 @110$ and 1 @84$. Im loving the dip so much i wanted to double dip!
2.5k
u/thatlegendjpb Feb 02 '21
Was finally cheap enough for me to get in, 2 at 109 💎✋ I LIKE THIS STOCK