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orange sky
May 7, 2007



good poo poo

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UnfurledSails
Sep 1, 2011

PLTR is a rollercoaster as well today. From 33 to 40 to back to 31 in 90 minutes

Tokyo Sex Whale
Oct 9, 2012

"My butt smells like vanilla ice cream"
/NQ down 2% in a half hour. Many people are getting blown up for sure.

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...
What can I still buy?

drowningidiot
Sep 27, 2014
Can somebody explain why stocks get halted?

orange sky
May 7, 2007



dickheads

Woodchip
Mar 28, 2010
out off BB man what a ride.

The indices are making GBS threads themselves as money rotates into memes

Rolo
Nov 16, 2005

Hmm, what have we here?
I went from +12% to -5% in an hour.

Holding for sure, time to dig my way out of this well.

Oscar Wild
Apr 11, 2006

It's good to be a G

drowningidiot posted:

Can somebody explain why stocks get halted?

If there is suspicious activity like massive selling or buying it trigger circuit breakers to stop the stock to allow traders to examine their sinful past and adjust orders so that it doesn't cause a massive cascade of trigger sell and buy orders.

Ola
Jul 19, 2004

Of course, the only way to pop this CCIV bubble was for me to get involved. Nasdaq started dumping, and I wanted some of that action so I got some bear etns with the spare gambling cash. This immediately reversed the fall of course.

Michael Transactions
Nov 11, 2013

https://webmshare.com/play/ZxnnK

is pepsi ok
Oct 23, 2002

got off mr. gamestop's wild ride at $117. that was fun.

thats not candy
Mar 10, 2010

Hell Gem
everything i had dumped at once, even gik and btaq dumped lol :cry:

i sold gme at a loss gently caress it, at least it wasn't a lot

resident
Dec 22, 2005

WE WERE ALL UP IN THAT SHIT LIKE A MUTHAFUCKA. IT'S CLEANER THAN A BROKE DICK DOG.

drowningidiot posted:

Can somebody explain why stocks get halted?

It's a circuit breaker to prevent runaway sell-offs/buy-ins typically created by algorithm issues. There's a good explanation of various halt types and triggering metrics below.

https://centerpointsecurities.com/stock-market-halts/

LLCoolJD
Dec 8, 2007

Musk threatens the inorganic promotion of left-wing ideology that had been taking place on the platform

Block me for being an unironic DeSantis fan, too!
:munch: it's funny to see the madness from (mostly) the sidelines.

My pandemic cruise ship gambit looks ugly on the day, though.

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...

Rolo posted:

Holding for sure, time to dig my way out of this well.

Pilfered Pallbearers
Aug 2, 2007

Lol it feels like there’s an actual tug of war with GME.

Rolo
Nov 16, 2005

Hmm, what have we here?

LLCoolJD posted:

:munch: it's funny to see the madness from (mostly) the sidelines.

My pandemic cruise ship gambit looks ugly on the day, though.

Same. Come dig with me.

Jalumibnkrayal
Apr 16, 2008

Ramrod XTreme
For those who want their blood sport live:

https://www.youtube.com/watch?v=ng-tKf-D6os

MagicBoots
Mar 29, 2010

How about we pump the atmosphere full of methane?
You put me on Cargo handling optimization?! I am the premier defense specialist in the entirety of the UN!
Don't you dare pull my funding!
You can't cut back on funding!
You will regret this!


What's the record for most trading halts in a single day on a single ticker? GME is now at 4.

bows1
May 16, 2004

Chill, whale, chill

Woodchip posted:

out off BB man what a ride.

The indices are making GBS threads themselves as money rotates into memes

Its going back up though! Jump back on!

resident
Dec 22, 2005

WE WERE ALL UP IN THAT SHIT LIKE A MUTHAFUCKA. IT'S CLEANER THAN A BROKE DICK DOG.

Pilfered Pallbearers posted:

Lol it feels like there’s an actual tug of war with GME.

There is but it's not the type of tugging you're thinking of.

Rolo
Nov 16, 2005

Hmm, what have we here?
I placed and cancelled a GME limit order at the peak. I just got the email for the order now and my heart almost poo poo itself.

cr0y
Mar 24, 2005



Can someone TLDR me on what the requirements are to not get in toruble with pattern day trading? I'm all out of day trades ☹️ (eTrade)

Owlspiracy
Nov 4, 2020


my BB $17 1/29 call has been a fun roller coaster today!

resident
Dec 22, 2005

WE WERE ALL UP IN THAT SHIT LIKE A MUTHAFUCKA. IT'S CLEANER THAN A BROKE DICK DOG.

cr0y posted:

Can someone TLDR me on what the requirements are to not get in toruble with pattern day trading? I'm all out of day trades ☹️ (eTrade)

You can't buy & sell the same equity on the same day more than 3 times in 5 days if your balance is under $25k.

Inner Light
Jan 2, 2020



cr0y posted:

Can someone TLDR me on what the requirements are to not get in toruble with pattern day trading? I'm all out of day trades ☹️ (eTrade)

Rules 1 and 2

(You need $25k)

Elysium
Aug 21, 2003
It is by will alone I set my mind in motion.
I just said "gently caress it" and and put $1000 into GME at the $88 dip. By the time I entered my info, it was at $105, lol godamnit.

Pilfered Pallbearers
Aug 2, 2007

WSB seems convinced that whole market dip that happened was a massive sell off to fund covering all the shorts from GME. Lol

Elysium posted:

I just said "gently caress it" and and put $1000 into GME at the $88 dip. By the time I entered my info, it was at $105, lol godamnit.

I bought 1k more at the 130 dip thinking it was stopping there :shepspends:

MagicBoots
Mar 29, 2010

How about we pump the atmosphere full of methane?
You put me on Cargo handling optimization?! I am the premier defense specialist in the entirety of the UN!
Don't you dare pull my funding!
You can't cut back on funding!
You will regret this!
Make that 5 halts.

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...

Pilfered Pallbearers posted:

WSB seems convinced that whole market dip that happened was a massive sell off to fund covering all the shorts from GME. Lol

lmfao

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...
You gently caress with the bull, you get the horns.

Rolo
Nov 16, 2005

Hmm, what have we here?

MagicBoots posted:

Make that 5 halts.

What’s the record? Is a brick and mortar video game meme going to break it?

drunken officeparty
Aug 23, 2006

Circuit breakers are communist propaganda and a market is not truly free until we are unshackled from their chains and able to shoot a stock to 5000% in 20 minutes

Pilfered Pallbearers
Aug 2, 2007


WallStreetBets posted:

The Stock Market as a whole just dropped. PRIMARILY BLUE CHIP LARGE CAP.
Meaning there was a massive sell off.
This was only a little bit after GME rose to $150. Just enough time for hedge fund managers to get some liquidity.
The Hedge fund managers are going all in but the number of shares to short is pretty much empty. They are getting reserve cash
If we want to get this to $200 by the end of the day and cause a Gamma squeeze all we have to do is BUY AND HOLD
There are more shorts than there are available shares so everyone can win if we all hold!

Woodchip
Mar 28, 2010

bows1 posted:

Its going back up though! Jump back on!

dammit! Number, why do you do this to me!

err
Apr 11, 2005

I carry my own weight no matter how heavy this shit gets...
I completely hosed up and went all in @140 😭😭😭

I’ts barely @100 now 🤬🔫

Oscar Wild
Apr 11, 2006

It's good to be a G
I'm in BB and PLTR but today I'm just grabbing the popcorn and watching the crazy. Would like to get into a SPAC at some point.

Lieutenant Dan
Oct 27, 2009

Weedlord Bonerhitler
This has been one hell of a day, and it's only morning. Glad I didn't touch the memes :tinfoil:

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drowningidiot
Sep 27, 2014
I bought 10 at 120 lol

Oh well!

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