daheff wrote: » So how do people think this short squeeze will end up? I'm guessing SEC steps in and forces trades.
ShineOn7 wrote: » Erm The stock market is gambling though
Judith Great Balance wrote: » Pre-market in the morning will be very interesting. For once on a Monday I won't have to drag myself out of bed!
brendanwalsh wrote: » Reddit bandits and newbies will probably end up fcuked badly by the big sharks.
Timing belt wrote: » I think it ends when people work out that they have been misled and lost everything. Most people with a brain will have exited with profit before then.
RedRochey wrote: » Didn't Hertz "release more shares" last summer and a bunch of Robinhood traders bought them? Even though they were bankrupt
Shedite27 wrote: » You're doing it wrong
Wombatman wrote: » So how much silver are we buying lads? Got my eye on grandma's spoons?
MuddyDog wrote: » Can RH and other American trading apps buy GME and others again from today does anyone know or are there still limits?
Xaniaj wrote: » Still limits in RH at least
daheff wrote: » the reddits found a work around on this. they figured out that if you buy an in the money call option and exercise immediately poof you have 100 shares (at about 30K cost)
VinLieger wrote: » By definition of the word it is absolutely gambling no matter how much research and due diligence you do there is no certainty in anything with regards to the stock market.
Shedite27 wrote: » Gambling is illegal in most US States, investing isn't.
Deleted User wrote: » Drugs are both legal and illegal in those states, too. It just depends on how you define them. Investing in stocks is absolutely a gamble, no matter how many textbooks you use to justify your decision.
Shedite27 wrote: » I take gambling to mean sports betting or card games, where you win or lose a bet on a single outcome and the bookmakers stack the odds against you. I don't agree that the stock market shares that characteristic. If you're being pedantic, then everything's a gamble. You should stay indoors today in case you get knocked down crossing a road. You can make the odds work in your favour by managing risk (either in how you invest, or how you cross the road)
Shedite27 wrote: » You can make the odds work in your favour by managing risk (either in how you invest, or how you cross the road)
Deleted User wrote: » Perhaps you lose less in a bad investment versus a bad bet, sure. But at the end of the day you're risking money in the hope of gaining a return. Label it in whatever way helps you sleep well.