It is currently Sun Nov 24, 2024 4:17 pm

View unanswered posts | View active topics


Board index » GENERAL BULLSHIT SECTION » GENERAL DISCUSSION

All times are UTC - 6 hours [ DST ]



Post new topic Reply to topic  Page 19 of 28
  [ 836 posts ]  Go to page Previous  1 ... 16, 17, 18, 19, 20, 21, 22 ... 28  Next
  Print view Previous topic | Next topic 
Author Message
Brick
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 7:13 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92044
Location: To the left of my post
chaspoppcap wrote:
here is what it means


Quote:
An update on market conditions



Hi Chales,
It’s been a tough day, and we’re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed.
This was a temporary decision made to best continue serving you, and was not an easy one to make. We know it’s led to frustration and confusion, and wanted to provide some clarity.
As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.
To be clear, this decision was not made on the direction of any market maker we route to or other market participants.
The past year in particular has shown us that the financial markets are for everyone—not just institutional investors and hedge funds. We’ve seen a new generation enter the market, and they’re sparking conversations about what it means to be an investor. We stand in support of you, our customers. Democratizing finance for all means giving more people access, not less.
We’ll keep monitoring market conditions and will update this Help Center article with the latest changes. We also published a blog post regarding today’s events.

Thank you again for being a Robinhood customer. We’re so grateful for your support.
Sincerely,
The Robinhood Team





Glad they cleared that up.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!
Top
 Profile  
 
Jaw Breaker
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 7:24 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16485
pizza_Place: Boni Vino
"These requirements exist to protect investors and the markets...To be clear, this decision was not made on the direction of any market maker we route to or other market participants."

Trying to decipher that...did the exchange or regulators tell them to do what they did? If so, why? Do they have a bunch of undermargined customers that RH can't cover?

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?
Top
 Profile  
 
denisdman
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 7:25 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33067
Location: Wrigley
pizza_Place: Warren Buffet of Cock
It’s margin for sure. Everyone was plowing in on borrowed money.

_________________
Hawaii (fuck) You
Top
 Profile  
 
WaitingforRuffcorn
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 7:46 pm 
Offline
User avatar

Joined: Thu Nov 05, 2015 2:39 pm
Posts: 19521
pizza_Place: Lou Malnati's
rogers park bryan wrote:
chaspoppcap wrote:
here is what it means


Quote:
An update on market conditions



Hi Chales,
It’s been a tough day, and we’re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed.
This was a temporary decision made to best continue serving you, and was not an easy one to make. We know it’s led to frustration and confusion, and wanted to provide some clarity.
As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.
To be clear, this decision was not made on the direction of any market maker we route to or other market participants.
The past year in particular has shown us that the financial markets are for everyone—not just institutional investors and hedge funds. We’ve seen a new generation enter the market, and they’re sparking conversations about what it means to be an investor. We stand in support of you, our customers. Democratizing finance for all means giving more people access, not less.
We’ll keep monitoring market conditions and will update this Help Center article with the latest changes. We also published a blog post regarding today’s events.

Thank you again for being a Robinhood customer. We’re so grateful for your support.
Sincerely,
The Robinhood Team





Chales?


The fact that they let you have an account using the wrong name might be a reason they are in trouble. (RPB noticed first)

_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?

The Missing Link wrote:
For instance they were never taught that Columbus was a slave owner.
Top
 Profile  
 
chaspoppcap
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:02 pm 
Offline
User avatar

Joined: Sun Mar 09, 2008 3:18 pm
Posts: 19487
pizza_Place: Phils' on 35th all you need to know
I sent them my Id and filled out my shit with my name. They changed it

_________________
When I am stuck and need to figure something out I always remember the Immortal words of Socrates when he said:"I just drank what?"
Top
 Profile  
 
GoldenJet
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:20 pm 
Offline
User avatar

Joined: Wed Sep 30, 2015 9:13 am
Posts: 17583
Location: BLM Lake Forest Chapter
pizza_Place: Quonset

_________________
Don Tiny wrote:
Don't be such a fucking chump.
Top
 Profile  
 
Dignified Rube
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:21 pm 
Offline
User avatar

Joined: Mon Aug 25, 2014 11:42 am
Posts: 4764
pizza_Place: Home Run Inn
I suspect this is only going to escalate with silver being next to go a lot higher. People are completely fed up with the rigged game against them in the markets and with being forced to use a fiat currency that only devalues because of government money printing. If silver doesn't bust the system, people will next pull their deposits from the banks. Yes, we'll see bank runs.

Although he was kidding, JORR was right when he said this movement is the rise of the Prols.
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:42 pm 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's
Dignified Rube wrote:
I suspect this is only going to escalate with silver being next to go a lot higher. People are completely fed up with the rigged game against them in the markets and with being forced to use a fiat currency that only devalues because of government money printing. If silver doesn't bust the system, people will next pull their deposits from the banks. Yes, we'll see bank runs.

Although he was kidding, JORR was right when he said this movement is the rise of the Prols.



I wasn't kidding.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:48 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
GoldenJet wrote:

It’s actually really fucking cool this was his first tweet ever.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:50 pm 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
Juice's Lecture Notes
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:55 pm 
Offline
User avatar

Joined: Tue Jan 26, 2016 4:46 pm
Posts: 22489
pizza_Place: Giordano's
Joe Orr Road Rod wrote:

PRIVATE PLATFORM PRIVATE PLATFORM PRIVATE PLATFORM
Top
 Profile  
 
WaitingforRuffcorn
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 8:55 pm 
Offline
User avatar

Joined: Thu Nov 05, 2015 2:39 pm
Posts: 19521
pizza_Place: Lou Malnati's
Joe Orr Road Rod wrote:


We can now see who the fascists are.

_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?

The Missing Link wrote:
For instance they were never taught that Columbus was a slave owner.
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:03 pm 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's
WaitingforRuffcorn wrote:
Joe Orr Road Rod wrote:


We can now see who the fascists are.



TFW you realize that maybe Drumpf wasn't the real problem after all.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
blackhawksfan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:06 pm 
Offline
User avatar

Joined: Sun May 11, 2014 8:50 pm
Posts: 6284
pizza_Place: PizzaHut
Read this story. This kid sounds straight up retarded

22-year-old risked parents’ mortgage on GameStop: ‘You only live once’

https://nypost.com/2021/01/28/22-year-o ... live-once/


Last edited by blackhawksfan on Thu Jan 28, 2021 9:09 pm, edited 1 time in total.

Top
 Profile  
 
Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:08 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
You do understand major media outlets will find the worst of the RH/WSB traders to make the whole movement look bad right?

This is exactly what they did with Occupy Wall Street.

Don’t fall for this bullshit.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole
Top
 Profile  
 
blackhawksfan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:12 pm 
Offline
User avatar

Joined: Sun May 11, 2014 8:50 pm
Posts: 6284
pizza_Place: PizzaHut
Jbi11s wrote:
You do understand major media outlets will find the worst of the RH/WSB traders to make the whole movement look bad right?

This is exactly what they did with Occupy Wall Street.

Don’t fall for this bullshit.


I traded stocks when yahoo finance message boards were the big thing. Believe me, there are always a new group of gullible young kids who get taken to the cleaners by these schemes. There will be no revolution. The hedge funds have more money and will win in the end. What did Occupy Wall Street accomplish? Nothing.

Just looking at this realistically. I'd love to be wrong
Top
 Profile  
 
Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:19 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's
You don’t think MANY of these WSB traders have cashed out and won already?

MSM obliterated Occupy Wall Street because Twitter wasn’t as powerful, and cryptos weren’t a thing yet.

Also, no pandemic where the dollar was extremely vulnerable.

These are completely different circumstances.

But yeah, the retail trader will be the one who suffers as a result of this I’m sure.

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole
Top
 Profile  
 
storkinastorm
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:38 pm 
Offline
User avatar

Joined: Sat Dec 02, 2017 2:45 pm
Posts: 690
pizza_Place: My own
Just to be clear, my aim is not at all to make this political. I am sure there are a lot who aren't big fans of Tucker Carlson, but this shows that the populist Left and Right finally have common ground if they choose to take advantage:

https://youtu.be/S0HvhZIyfag
Top
 Profile  
 
Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:52 pm 
Offline
User avatar

Joined: Fri Jan 28, 2011 3:05 am
Posts: 28664
pizza_Place: Clamburger's

_________________
Nardi wrote:
Weird, I see Dolphin looking in my asshole
Top
 Profile  
 
Walt Williams Neck
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 9:58 pm 
Offline
User avatar

Joined: Wed Jun 04, 2008 2:43 pm
Posts: 18493
Location: end of lonely street
pizza_Place: Obbies
Joe Orr Road Rod wrote:
WaitingforRuffcorn wrote:
Joe Orr Road Rod wrote:


We can now see who the fascists are.



TFW you realize that maybe Drumpf wasn't the real problem after all.

Image

_________________
I'm going to bounce from the spot for awhile but I will be back at some point to argue with you about this hoops stuff again. Playoffs have been great this season. See ya up the road.

I'm out.
Top
 Profile  
 
IkeSouth
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 10:00 pm 
Offline
User avatar

Joined: Thu Jul 13, 2006 1:25 pm
Posts: 27055
blackhawksfan wrote:
Jbi11s wrote:
You do understand major media outlets will find the worst of the RH/WSB traders to make the whole movement look bad right?

This is exactly what they did with Occupy Wall Street.

Don’t fall for this bullshit.


I traded stocks when yahoo finance message boards were the big thing. Believe me, there are always a new group of gullible young kids who get taken to the cleaners by these schemes. There will be no revolution. The hedge funds have more money and will win in the end. What did Occupy Wall Street accomplish? Nothing.

Just looking at this realistically. I'd love to be wrong


well one movement has stolen billions of dollars from wallstreet, the other movement didnt do anything...

_________________
the world will always the world. your entire existence is defined by your response.


Top
 Profile  
 
WaitingforRuffcorn
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 10:06 pm 
Offline
User avatar

Joined: Thu Nov 05, 2015 2:39 pm
Posts: 19521
pizza_Place: Lou Malnati's
Joe Orr Road Rod wrote:
WaitingforRuffcorn wrote:
Joe Orr Road Rod wrote:


We can now see who the fascists are.



TFW you realize that maybe Drumpf wasn't the real problem after all.


Sad thing is Trump would not be pressuring people to shut it down. Only because he hates Wall Street but still.

_________________
Why are only 14 percent of black CPS 11th-graders proficient in English?

The Missing Link wrote:
For instance they were never taught that Columbus was a slave owner.
Top
 Profile  
 
IkeSouth
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 10:10 pm 
Offline
User avatar

Joined: Thu Jul 13, 2006 1:25 pm
Posts: 27055
chaspoppcap wrote:
here is what it means


Quote:
An update on market conditions



Hi Chales,
It’s been a tough day, and we’re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We’ll continue to monitor the situation and may make adjustments as needed.
This was a temporary decision made to best continue serving you, and was not an easy one to make. We know it’s led to frustration and confusion, and wanted to provide some clarity.
As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today.
To be clear, this decision was not made on the direction of any market maker we route to or other market participants.
The past year in particular has shown us that the financial markets are for everyone—not just institutional investors and hedge funds. We’ve seen a new generation enter the market, and they’re sparking conversations about what it means to be an investor. We stand in support of you, our customers. Democratizing finance for all means giving more people access, not less.
We’ll keep monitoring market conditions and will update this Help Center article with the latest changes. We also published a blog post regarding today’s events.

Thank you again for being a Robinhood customer. We’re so grateful for your support.
Sincerely,
The Robinhood Team






"US AND THE RICH PEOPLE DIDNT WANT TO LOSE MONEY, SO WE FUCKED YOU THANKS"

_________________
the world will always the world. your entire existence is defined by your response.


Top
 Profile  
 
SpiralStairs
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 10:26 pm 
Offline
User avatar

Joined: Thu Oct 18, 2012 9:33 pm
Posts: 19044
pizza_Place: World Famous Pizza
Quite the start to 2021.

_________________
Seacrest wrote:
The menstrual cycle changes among Hassidic Jewish women was something as well.
Top
 Profile  
 
IkeSouth
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 12:14 am 
Offline
User avatar

Joined: Thu Jul 13, 2006 1:25 pm
Posts: 27055
no kidding. i tried to buy in at 36 but the funds didnt clear until the next day. it went to like 90 so i said fuck it dont need it. then when it dipped today to 125 i tried to throw 1k on it. the app didnt allow buys. fucking sucks, looks like its already above 350 at open

_________________
the world will always the world. your entire existence is defined by your response.


Top
 Profile  
 
Brick
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 6:42 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92044
Location: To the left of my post
Jaw Breaker wrote:
"These requirements exist to protect investors and the markets...To be clear, this decision was not made on the direction of any market maker we route to or other market participants."

Trying to decipher that...did the exchange or regulators tell them to do what they did? If so, why? Do they have a bunch of undermargined customers that RH can't cover?

They had the ability to stop letting you buy on margin. They stopped everyone from buying.

It's the best excuse they can come up with but it seems pretty clear here that the company who provides them 40% of their total revenue, Citadel, called in a favor here.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 6:55 am 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's
denisdman wrote:
It’s margin for sure. Everyone was plowing in on borrowed money.



Yeah, right. All the 22 year olds throwing their hundos in were margined out the ying yang. That's the most absurd thing I've ever heard. Ken Griffin blew in a call to the Bulgarian. The specific denial that that occurred is laughable.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 6:57 am 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's
WaitingforRuffcorn wrote:
Joe Orr Road Rod wrote:
WaitingforRuffcorn wrote:
Joe Orr Road Rod wrote:


We can now see who the fascists are.



TFW you realize that maybe Drumpf wasn't the real problem after all.


Sad thing is Trump would not be pressuring people to shut it down. Only because he hates Wall Street but still.



Trump was pretty hapless when it came to helping The People. But at least he wasn't actively trying to destroy us.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
Rod
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 6:59 am 
Offline
Site Admin
User avatar

Joined: Sun Apr 04, 2010 10:00 am
Posts: 79554
Location: Ravenswood Manor
pizza_Place: Pete's
Brick wrote:
Jaw Breaker wrote:
"These requirements exist to protect investors and the markets...To be clear, this decision was not made on the direction of any market maker we route to or other market participants."

Trying to decipher that...did the exchange or regulators tell them to do what they did? If so, why? Do they have a bunch of undermargined customers that RH can't cover?

They had the ability to stop letting you buy on margin. They stopped everyone from buying.

It's the best excuse they can come up with but it seems pretty clear here that the company who provides them 40% of their total revenue, Citadel, called in a favor here.



Absolutely. It's like Portnoy pointed out, this guy tanked his own company. Why would he do that? That shows you just how powerful Griffin is.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don
Top
 Profile  
 
Brick
 Post subject: Re: GameStop
PostPosted: Fri Jan 29, 2021 7:02 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 92044
Location: To the left of my post
Joe Orr Road Rod wrote:
denisdman wrote:
It’s margin for sure. Everyone was plowing in on borrowed money.



Yeah, right. All the 22 year olds throwing their hundos in were margined out the ying yang. That's the most absurd thing I've ever heard. Ken Griffin blew in a call to the Bulgarian. The specific denial that that occurred is laughable.

:lol:

Robinhood: Here, you can buy stocks with money you don't have.
*People buy too much of one stock*
Also Robinhood: No one can buy stocks with money you actually have.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!
Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  Page 19 of 28
  [ 836 posts ]  Go to page Previous  1 ... 16, 17, 18, 19, 20, 21, 22 ... 28  Next

Board index » GENERAL BULLSHIT SECTION » GENERAL DISCUSSION

All times are UTC - 6 hours [ DST ]

Who is online

Users browsing this forum: No registered users and 9 guests

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group