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**Un-OFFICIAL** Trading and Investing Thread: Part XIII -- Robber Baron Edition
02-18-2021, 11:14 AM
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#1891
- taf1968
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Originally Posted By Carbonfibre⏩
The audio is so bad, I can't even listen to it.expected this.
congress knows jack shiiit about market.
they need to be asking the right questions.
also what in the flying phuck is this microphone situation.
congress knows jack shiiit about market.
they need to be asking the right questions.
also what in the flying phuck is this microphone situation.
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02-18-2021, 11:20 AM
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#1892
- Carbonfibre
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- Carbonfibre
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Citadel dipshiit
doesn't even blink
anyone notice that
I wish this was done in person.
They are clearly reading off script
doesn't even blink
anyone notice that
I wish this was done in person.
They are clearly reading off script
02-18-2021, 11:25 AM
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#1893
Originally Posted By TugOfPeace⏩
well I think he wisened up and changed his story now.None of these people seem to understand the concept of margin; and I'm guessing the CEO is too much of an idiot to explain it to them.
Sucks that the rules changed, but when you have idiots buying a short squeezed stock like GME on margin at such high volumes, when you consider the massive swings of a short squeeze stock, a lot of these idiots are getting margin called. Robinhood probably doesn't have the funding to cover margin calls like that and when you add up that massive amount of margin call volume you have Robinhood essentially loaning them money that they'll never get back. It's a fuk up on the institutional investors that shorted the stock so much, but really you can't blame Robinhood for what happened. If they had not intervened they probably would've gone out of business once GME plummeted because they had to cover so many people's margins. Chit ordeal all around. I think if anything the major flaw here on Robinhood's side is if they helped institutional investors cover their shorts through halting, but I don't know how one would prove that.
Sucks that the rules changed, but when you have idiots buying a short squeezed stock like GME on margin at such high volumes, when you consider the massive swings of a short squeeze stock, a lot of these idiots are getting margin called. Robinhood probably doesn't have the funding to cover margin calls like that and when you add up that massive amount of margin call volume you have Robinhood essentially loaning them money that they'll never get back. It's a fuk up on the institutional investors that shorted the stock so much, but really you can't blame Robinhood for what happened. If they had not intervened they probably would've gone out of business once GME plummeted because they had to cover so many people's margins. Chit ordeal all around. I think if anything the major flaw here on Robinhood's side is if they helped institutional investors cover their shorts through halting, but I don't know how one would prove that.
I think before he flat out denied it was a liquidity issue but now changing his tune to saying that was the reason probably after being groomed by lawyers
02-18-2021, 11:40 AM
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#1894
02-18-2021, 11:41 AM
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#1895
- RobParks2M
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Originally Posted By TugOfPeace⏩
Lmao Robinhood used to have what was known as an infinite margin loop. Take $1000 and buy $1500 of stock/options/whatever. Then keep buying more and more as your equity value goes up from using margin and you could just keep buying more as you got more "equity" from your margin.None of these people seem to understand the concept of margin; and I'm guessing the CEO is too much of an idiot to explain it to them.
Sucks that the rules changed, but when you have idiots buying a short squeezed stock like GME on margin at such high volumes, when you consider the massive swings of a short squeeze stock, a lot of these idiots are getting margin called. Robinhood probably doesn't have the funding to cover margin calls like that and when you add up that massive amount of margin call volume you have Robinhood essentially loaning them money that they'll never get back. It's a fuk up on the institutional investors that shorted the stock so much, but really you can't blame Robinhood for what happened. If they had not intervened they probably would've gone out of business once GME plummeted because they had to cover so many people's margins. Chit ordeal all around. I think if anything the major flaw here on Robinhood's side is if they helped institutional investors cover their shorts through halting, but I don't know how one would prove that.
Sucks that the rules changed, but when you have idiots buying a short squeezed stock like GME on margin at such high volumes, when you consider the massive swings of a short squeeze stock, a lot of these idiots are getting margin called. Robinhood probably doesn't have the funding to cover margin calls like that and when you add up that massive amount of margin call volume you have Robinhood essentially loaning them money that they'll never get back. It's a fuk up on the institutional investors that shorted the stock so much, but really you can't blame Robinhood for what happened. If they had not intervened they probably would've gone out of business once GME plummeted because they had to cover so many people's margins. Chit ordeal all around. I think if anything the major flaw here on Robinhood's side is if they helped institutional investors cover their shorts through halting, but I don't know how one would prove that.
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0.4 mg of party's over wake the FK up!
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02-18-2021, 11:42 AM
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#1896
02-18-2021, 11:43 AM
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#1897
- chalup
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- chalup
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Originally Posted By RobParks2M⏩
I think margin might go away unless you have money in your account to cover.Lmao Robinhood used to have what was known as an infinite margin loop. Take $1000 and buy $1500 of stock/options/whatever. Then keep buying more and more as your equity value goes up from using margin and you could just keep buying more as you got more "equity" from your margin.
02-18-2021, 11:46 AM
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#1898
02-18-2021, 11:47 AM
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#1899
02-18-2021, 11:48 AM
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#1900
- RobParks2M
- mad hatter
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Originally Posted By chalup⏩
Then it isn't margin is itI think margin might go away unless you have money in your account to cover.
Fitness connoisseur
0.4 mg of party's over wake the FK up!
"the personification of greatness"
02-18-2021, 11:50 AM
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#1901
02-18-2021, 11:52 AM
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#1902
- chalup
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- chalup
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Originally Posted By TugOfPeace⏩
I'm throwing darts in the air mayne. Only time I've been a part of margin was in a MaM where a group was trading my money in forex and they got margin called and all the money was wiped.Well why would you pay the interest associated with margin if you have the liquidity to cover it
02-18-2021, 11:57 AM
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#1903
- Destor
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- Destor
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Originally Posted By 6ktripsuber⏩
Don't know about gold specifically but there's plenty of talk about a commodity supercycle starting up right nowwhat are your thoughts on gold stock boys? they're dirt cheap.
barrick gold is @ $20 and junior miners are cheap AF.
I'm super bullish on uranium stocks and in the long haul for the next 5-10+ years with a cameco and a bunch of junior uranimum stocks
thinking about investing big on gold stocks
barrick gold is @ $20 and junior miners are cheap AF.
I'm super bullish on uranium stocks and in the long haul for the next 5-10+ years with a cameco and a bunch of junior uranimum stocks
thinking about investing big on gold stocks
02-18-2021, 12:00 PM
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#1904
- Destor
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- Destor
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Nuclear/Uranium is honestly something I'd look at long term. If we want to get off fossil fuels, nuclear is going to be the only truly viable alternative IMO
Don't know the industry well though
Don't know the industry well though
02-18-2021, 12:09 PM
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#1905
- Steavie
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Originally Posted By Destor⏩
Germany is prioritizing the closing of nuclear plants over closing the coal plants. When the people don't want nuclear, it doesn't matter that it's a great energy source. That's the problem.Nuclear/Uranium is honestly something I'd look at long term. If we want to get off fossil fuels, nuclear is going to be the only truly viable alternative IMO
Don't know the industry well though
Don't know the industry well though
Dallas Mavericks
02-18-2021, 12:09 PM
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#1906
02-18-2021, 12:09 PM
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#1907
- Travis99
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Is this bullchit hearing the reason the market is down today?
I say again, nothing will happen because of this. The government is actually full of some of the dumbest people you could imagine.
Finally in PLTR 100 shares at 24.95 long term.
I say again, nothing will happen because of this. The government is actually full of some of the dumbest people you could imagine.
Finally in PLTR 100 shares at 24.95 long term.
There is no they…
02-18-2021, 12:20 PM
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#1908
- xxAchillesxx
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Originally Posted By GolfPants⏩
From earlier in the thread:Can someone aware me on XMET? I keep seeing it mentioned. Is that another prime penny pick?
Originally Posted bymeep316View Post
XMET and AWGI are the 2 OTC SPACs I'm in on, I have 80k shares of each. Aware yourself on OTCs and SPACs if you're unaware. Massive retarded money to be made in these things, look what TSNP just did. $0.001 to over a dollar in 4 months. XMET and AWGI have the same potential once they get their reverse mergers announced, but they're currently in the shell phase awaiting announcements on what companies they'll be reverse merging with (assuming that they do). I got each one under half a penny, they're both almost at a penny now. I put about $500 in each. Way way better odds than the lottery and the people handling the transitions for the reverse mergers (David Lazar for XMET and Paul Moody and Jeffrey Denunzio for AWGI) have great track records with OTC SPAC reverse mergers. One of Moody/Denunzio's recent one's had a 10,000% run up (TKSI reverse merged to NKMH, google it and google these guys).
Here's your very in depth XMET DD:
https://investorshub.advfn.com/board...e_id=160377417
https://investorshub.advfn.com/board...e_id=160660364
https://investorshub.advfn.com/board...e_id=160357206
https://investorshub.advfn.com/board...e_id=160508443
https://investorshub.advfn.com/board...e_id=160495840
CLIFFS:
-Defunct Music streaming site "XXStream Entertainment" from the early 2000s
-Former CEO Mario Pino was some Vegas scam artist or something that illegally issued 8 billion shares to friends and family.
-XMET has been toiling away on the stock market as an OTC. It's a nothing company, does nothing, no revenue, nothing. Just a waste of space on the stock market.
-Chinese businessman Wei Tan has purchased the ticker from "ticker custodian custodian" David Lazar for $220k. Lazar has cleaned the shell, and has a great track record with OTC shell companies and reverse mergers like this. Lazar himself owns 16 million shares.
A court ruled last week that nobody from the Pino days would be allowed to object to the new owners wiping out those shares if they do so choose.
-Wei Tan has a history of IPOs and works/possibly lives in Shenzhen, which is considered the "Silicon Valley of China". No word on what the company could be but his location has people excited. Plenty more great info on their Stocktwits page:
https://stocktwits.com/symbol/xmet
XMET and AWGI are the 2 OTC SPACs I'm in on, I have 80k shares of each. Aware yourself on OTCs and SPACs if you're unaware. Massive retarded money to be made in these things, look what TSNP just did. $0.001 to over a dollar in 4 months. XMET and AWGI have the same potential once they get their reverse mergers announced, but they're currently in the shell phase awaiting announcements on what companies they'll be reverse merging with (assuming that they do). I got each one under half a penny, they're both almost at a penny now. I put about $500 in each. Way way better odds than the lottery and the people handling the transitions for the reverse mergers (David Lazar for XMET and Paul Moody and Jeffrey Denunzio for AWGI) have great track records with OTC SPAC reverse mergers. One of Moody/Denunzio's recent one's had a 10,000% run up (TKSI reverse merged to NKMH, google it and google these guys).
Here's your very in depth XMET DD:
https://investorshub.advfn.com/board...e_id=160377417
https://investorshub.advfn.com/board...e_id=160660364
https://investorshub.advfn.com/board...e_id=160357206
https://investorshub.advfn.com/board...e_id=160508443
https://investorshub.advfn.com/board...e_id=160495840
CLIFFS:
-Defunct Music streaming site "XXStream Entertainment" from the early 2000s
-Former CEO Mario Pino was some Vegas scam artist or something that illegally issued 8 billion shares to friends and family.
-XMET has been toiling away on the stock market as an OTC. It's a nothing company, does nothing, no revenue, nothing. Just a waste of space on the stock market.
-Chinese businessman Wei Tan has purchased the ticker from "ticker custodian custodian" David Lazar for $220k. Lazar has cleaned the shell, and has a great track record with OTC shell companies and reverse mergers like this. Lazar himself owns 16 million shares.
A court ruled last week that nobody from the Pino days would be allowed to object to the new owners wiping out those shares if they do so choose.
-Wei Tan has a history of IPOs and works/possibly lives in Shenzhen, which is considered the "Silicon Valley of China". No word on what the company could be but his location has people excited. Plenty more great info on their Stocktwits page:
https://stocktwits.com/symbol/xmet
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02-18-2021, 12:22 PM
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#1909
- MinisterOfLust
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Has the merger announced yet? CCIV is up by a lot
02-18-2021, 12:22 PM
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#1910
02-18-2021, 12:37 PM
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#1911
- hardestgainer
- Squats Barefoot
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Originally Posted By Steavie⏩
Merkel has been anti-nuclear power since at least 2010, shes been saying wind and solar are superior for a decade now.Germany is prioritizing the closing of nuclear plants over closing the coal plants. When the people don't want nuclear, it doesn't matter that it's a great energy source. That's the problem.
Only uranium im invested in is DNN, got in around 0.66 when they announced they acquired a new, high grade uranium site to mine
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02-18-2021, 12:41 PM
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#1912
02-18-2021, 12:45 PM
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#1913
02-18-2021, 12:47 PM
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#1914
- chalup
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- chalup
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Originally Posted By camaleom⏩
dude is a straight slimeball. Waters said multiple hearings will happen with more experts coming in. Hope he gets grilled til he cries. Straight up not answering any of the serious questions.f'ing **** doesn't answer the questions
02-18-2021, 12:50 PM
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#1915
02-18-2021, 12:52 PM
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#1916
- Steavie
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- Steavie
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Originally Posted By hardestgainer⏩
Nuclear always gets left out of green deals. Just imagine if it got some of those wind/solar subsidies instead of getting phucked by regulations...Merkel has been anti-nuclear power since at least 2010, shes been saying wind and solar are superior for a decade now.
Politicians are willingly ignoring the fact that wind and solar aren't reliable.
Dallas Mavericks
02-18-2021, 12:56 PM
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#1917
- Carbonfibre
- Rubber Banding
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- Carbonfibre
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volume is very low on everything.
good old February trading.
good old February trading.
02-18-2021, 01:02 PM
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#1918
02-18-2021, 01:09 PM
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#1919
- Carbonfibre
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- Carbonfibre
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Originally Posted By LCBOLeo⏩
PLTR is not the market.PLTR at 250m?
That more of battle due to lockup period being over.
02-18-2021, 01:09 PM
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#1920
- ghostfacedup
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- ghostfacedup
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wtf happened to weed stocks? Was there some kind of announcement?
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