It is called inflation and QE.
stock market
- Thread starter Oildudeny
- Start date
Robinhood had a liquidity crisis. Their major customer is Citadel, and if Citadel was in trouble then RH is in trouble. Also if they have a glitch in their trading software and let someone do a naked trade and it blew up on them (it happened a few times in the past, software bug discovered by traders to abuse it), then they can collapse. So basically what they are saying is "look, we are really just armature and we bit off more than we can swallow, so we won't let you deal" like a small bank got a run on the bank when its parent company got into financial crisis.
RH will get at worst a back lash and at best a confidence crisis after this. We are starting to see some mature investors moving to the "boomer brokerage" with no such problem.
What about them? Haven't see them yet, but they will probably all get dismissed. I don't see a can't buy problem being something they can really get sued for. Like suing Walmart because they don't have something in stock. You would just go to another vendor. Trick is to prove your losses. It'd be another thing if you can't sell and the price dropped against you so you lost money. What's your losses when you can't buy and can you prove it? Probably some terms and conditions that get them out. They just weren't in a position to sell it to you.Panda,
What about all the RH lawsuits ?
TONS of lawsuits are in the pipeline. Law firms are drooling at this big fish.
I don't know honestly. I pay $385/mo for insurance with a $7K deductible through them, so I just assumed they want to shaft me on anything else, also. Maybe once I move up the ladder a bit the benefits will be reasonable.
Lawyers are in it for the money, no? They can always negotiate a undisclosed settlement, it is not a regulation violation by these class action lawyers. The bigger mess would be if somehow there is a political movement to handicap hedge funds, that would be a lot of money at stake. That can only come from regulation and after a huge crash that causes unemployment and government bail out. We haven't gotten there today.Panda,
What about all the RH lawsuits ?
TONS of lawsuits are in the pipeline. Law firms are drooling at this big fish.
The most likely scenario would be some connected buddies bail each other out and call a truce, and gradually unwind the bets, and somehow find a way to weaken the Reddit Bros before they becomes too big of a threat for the market makers or causes a flash crash that wipe out some retail investors' savings.
RH is just a small startup, nobody would cry for them if they fail to IPO or exit.
of course the idea I to buy it lower than 27K DOW I decided that chase beyond that level is not for me and I stepped to the side, monitoring the process meanwhile of course
to me we are heading into stock bubble and pull back is inevitable and fairly is way looooong overdue; imo, markets are more balance of risk/reward situation rather to savings rate or rate of return in the process;
so meanwhile ill watch it from the side and that's perfectly fine with me
on the other hand, if one wants to chase higher yields, I understand that too
market frenzy and the guy behind it
https://www.nytimes.com/2021/01/29/...mestop-markets.html?smtyp=cur&smid=tw-nytimes
https://www.nytimes.com/2021/01/29/...mestop-markets.html?smtyp=cur&smid=tw-nytimes
Definitely check on that. Most hospitals it's available to every one from environmental to management, usually on a pre tax basis. If they match you , even thousand a year would be a significant amount (20k) free money over the next 20 years, plus the percentage you earn on it invested.
Usually you can select investment funds stradigys through a company like Valic, Fidelity, etc.
Don't give away that much free money over the lifetime of your career.
Short GameStop or Buy Puts
Good luck with that. People have lost billions trying. People shorting the stock is what is making it go up. It allows the the longs to buy the stock and hold it hostage. Then you have to pay the market price when your time comes to return it to your broker. At least with buying puts your losses are capped.
No one cares when retail investors get wiped out. Hedge fund gets wiped out and RH tries to manipulate the stock price by only allowing sell and no buy. And then you're selling to people that want the price to fall because they owe the stock.
Even Cruz and AOC are in agreement on this and it is very rare that those two agree on anything.
The (SEC) Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities.
If you insist, I only have 2 warnings:
1. Keep a lot of liquidity to avoid short squeeze. I'd keep $10000 of cash for every $1000 I'm shorting, in that ratio.
2. Know when to leave in case it get drawn into a long war, the cost would be high, and it could last months or years.
I don't understand shorting because of the risk/reward. Way too much risk for me.
The most you can gain is 100%, and that is unlikely.
If the price goes up, your potential losses are theoretically unlimited.
In a squeeze, you might have to pay through the nose.
Gimme an nice index fund anyday. Safety 1st.
The most you can gain is 100%, and that is unlikely.
If the price goes up, your potential losses are theoretically unlimited.
In a squeeze, you might have to pay through the nose.
Gimme an nice index fund anyday. Safety 1st.
"Robinhood Withdrawal Initiated
Hi Paul,
Your request to withdraw $XX000.00 from Robinhood to your Adv XXXX Banking - XXXX account ending in ****XXXX has been received. This transfer will reflect in your bank account within a few business days, depending on your bank."
I'll leave a little loose change there.
Hi Paul,
Your request to withdraw $XX000.00 from Robinhood to your Adv XXXX Banking - XXXX account ending in ****XXXX has been received. This transfer will reflect in your bank account within a few business days, depending on your bank."
I'll leave a little loose change there.
I'll inquire. I try to stay away from HR.
4WD
$50 site donor 2025
Jeff - I wasn't specifically targeting you with my admonition to remain polite (though, in the realm of pro/con, we all know you're the pro-TSLA camp leader).
Your posts have always been thoughtful, detailed and valuable.
I respect your opinion, though I may not always agree with it. I believe that many other BITOG folks respect your opinion as well.
It's because of the value of your perspective, and the perspective of others, in this discussion, that I wanted to keep the thread open. It's a good discussion.
But in order to keep the thread open, we have to keep the discussion polite - and it's an "all hands" effort.
Thank you for your help in achieving that.
Cheers,
Astro
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