The Rokslide Stock Traders Thread

[DenverCountryBoy]

So would it be a good time to jump in on ALUS or wait until FREY starts?

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The whole market is down as hedge funds liquidate to cover the squeeze. SPACs are especially down as they are more speculative.

I parked cash in ALUS a month ago. They were a bunch of midstream oil execs targeting an energy company with a rumor it could be clean energy.

I'm holding because Freyr looks like it has good potential. Could realize nice gains in 5-10 years.

Or it could go tits up. Lots of work needs to happen between now and profitability. I would say it's a medium risk, high reward.

You need to make your own decision on the acceptable risk vs reward.

Edit: look at page 35

https://www.sec.gov/Archives/edgar/data/1781115/000121390021005200/ea134163ex99-2_alussaenergy.htm

If everything goes well, they estimate the EV should be at level that supports a price between $25-$45 in 4ish years.

 

[EastMT]

While I congratulate those of you that have the knowledge and time to do what you do with these stocks and make money, I think you need to rethink the “screw the hedge fund “ attitude. There’s a lot of folks (me for instance) that don’t have the time or knowledge to do these things. We put our retirement money with reputable companies to manage our money. I’m guessing that some of this money gets invested with these evil companies. When shit like this happens, guess what happens. Guys like me lose money. My accounts are down about 45 k from a week ago. So yeah, Screw those big companies.

I’m not whining because I put my money with these companies and I’ll own that. But I think people that are cheering this on need to realize who all gets hit by these things


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all those gains you have, are from other people losing. So now some people are making some off your losses. That’s the way it goes, I’m sorry this round is you pain.

These hedge funds have been announcing their short positions and posting detailed reasons why for years. This causes a massive selloff, millions lose money trying to get out. It’s legal manipulation by announcing their position, using mass fear to make it more

Reddit, short sellers that announce, stock Twits, the guys i like on Twitter, Etc etc are all doing the same thing. Announce their plan, you can follow if you like. This causes action just on volume, and the price usually goes the way they want it to.

Heck ARK funds posts a list of the small cap funds they bought throughout the day, millions of people are logged in ready to jump on whatever she bought afterhours. Not because they like the company, because they know her announcement will make it move.

 

[cmahoney]

While I congratulate those of you that have the knowledge and time to do what you do with these stocks and make money, I think you need to rethink the “screw the hedge fund “ attitude. There’s a lot of folks (me for instance) that don’t have the time or knowledge to do these things. We put our retirement money with reputable companies to manage our money. I’m guessing that some of this money gets invested with these evil companies. When shit like this happens, guess what happens. Guys like me lose money. My accounts are down about 45 k from a week ago. So yeah, Screw those big companies.

I’m not whining because I put my money with these companies and I’ll own that. But I think people that are cheering this on need to realize who all gets hit by these things


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The funds put themselves in those positions. It’s ridicules to get mad at the little guy for taking advantage of the careless attitude those Wall Street guys have with your money. Take a look at the Charles Payne clip if you don’t understand what happened. He summed it up pretty well.

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[cmahoney]

You guys watching XRP?


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[YBPS]

Nope and the people who actually got the Hedge fund into this position will get off like nothing happened and they'll throw RH under the bus like it was all their fault.

I am all for the squeeze, I’m just saying the “retail” guys are far more informed and in this case organized than what people thought was possible. People keep saying we don’t know what we are doing..... Not sure what to think about RH. They are probably guilty of some fu*kery just like everybody else, but if it was just a liquidity problem, then they really had no choice ?

 

[YBPS]

The funds put themselves in those positions. It’s ridicules to get mad at the little guy for taking advantage of the careless attitude those Wall Street guys have with your money. Take a look at the Charles Payne clip if you don’t understand what happened. He summed it up pretty well.

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Amen

 

[Broomd]

While I congratulate those of you that have the knowledge and time to do what you do with these stocks and make money, I think you need to rethink the “screw the hedge fund “ attitude. There’s a lot of folks (me for instance) that don’t have the time or knowledge to do these things. We put our retirement money with reputable companies to manage our money. I’m guessing that some of this money gets invested with these evil companies. When shit like this happens, guess what happens. Guys like me lose money. My accounts are down about 45 k from a week ago. So yeah, Screw those big companies.

I’m not whining because I put my money with these companies and I’ll own that. But I think people that are cheering this on need to realize who all gets hit by these things


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Thanks for sharing this. And most of us get your point.

Hedge funds have always had a 'do anything to make a profit' attitude that has cost the rest of us far more than those of you that are suffering losses now.
Their exploitation is akin to Nike, Apple etc. and slave labor.

After trading for almost a year now, I've come to understand just how bad these insects are in the market. Virtually EVERYTHING IS SHORTED by these people! We're all sick of watching fledgling companies and their investors fight for oxygen while these money grubbers do nothing but profit on misery and failure.

I have a penny stock right now, ATVK, that has floundered lately. Why? Constant shorting of course. We had some good news this week, but a bounce never materialized. A cocky manager of a hedge fund, Jason Lee, apparently tweeted to ATVKs CEO taunting him of his fund's continued efforts to manipulate the company basically to failure.
The CEO tweeted this all out to us SHs. I won't say that was a professional move, but he was fed up! And it definitely showed us what his company and we investors are up against.
Frankly many have lost sympathy for people losing money due to hedge fund woes. What they do should be illegal.

Who does this?! Vile farking human.

 

[Whaledriver]

While I congratulate those of you that have the knowledge and time to do what you do with these stocks and make money, I think you need to rethink the “screw the hedge fund “ attitude. There’s a lot of folks (me for instance) that don’t have the time or knowledge to do these things. We put our retirement money with reputable companies to manage our money. I’m guessing that some of this money gets invested with these evil companies. When shit like this happens, guess what happens. Guys like me lose money. My accounts are down about 45 k from a week ago. So yeah, Screw those big companies.

I’m not whining because I put my money with these companies and I’ll own that. But I think people that are cheering this on need to realize who all gets hit by these things


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So let me see if I am tracking? You expect to make automatic returns. Do not put your head in the sand on your investments. Educate yourself on the market and what is going on. You will then understand that the hedgies are burning down the large caps to pay for their greed. Nothing more, nothing less. Don't whine, educate yourself in order to protect yourself. Fail to do that, then you are walking on thin ice. Same thing can be applied to hunting. Would you head to the woods with no preparation or homework done? Why the hell would you do it with your hard earned money????

 

[NDGuy]

If anyone is sick of Robinhood or whatever other app didn’t allow you to trade certain stocks. Webull did a good job not restricting buying/selling outside of crashing at points but that happened everywhere.

You get 4 free stocks for joining using my link.

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[cmahoney]

Webull shut down AMC for a while

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[TonySkyline]

You guys watching XRP?


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I think once everything gets cleared up, it is on a rocket.... and they will win the lawsuit.

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[TonySkyline]

XRP is the most legit crypto assuming everything gets cleared up. It has the most real world uses and most bank partnerships. After the hype of the big ones drop off and the smoke clears, xrp will be the first one (actually) being used as a currency I believe.

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[EastMT]

PCE is well under 2% and CPI is struggling to get above 1%. What Inflation ?

Clearing house raised liquidity requirements on almost all PB’s requiring them to adjust their books. Remember if you have a RH account you own absolutely nothing only a promise not from RH to deliver your equites when you ask, Unfortunately they wouldn’t be the first broker to go under and all account holders loose everything. Margin accounts allowed investors will little $’s to leverages tens of thousands, now that game is over and they will require real Capitol if you want leverage.

Yes, RH is sketchy. In the telling statement he said something to the effect of to protect the system or platform. I think they were on the verge of collapse at the time and had no choice. I have a feeling margin trading for retail is on its last legs. Cash trading only, wait for settlement. Only way to trade. I have a small RH acct I stated with until growing beyond their system 3 years ago. I have used it for options as they only trade Reg hours anyway so no loss compared to Webull.

I think of the stock market as a poker game. When you win you are taking money out of some body else’s pile, it’s not house money. There is no sympathy when I sell at the top of a pump and someone else buys my shares at the top, or the reversal where I lose from the top which happens also.

There’s bluffing, trickery. Etc. hers guys pay for data and play dirty, they know phycological points where retails panic sell, how to make them do it. I watched the bids on AMC trying to drive it down Thursday night, hundreds of 2 share bids under the ask to drive it down into the close.

As far as GME, it’s not little guys playing all alone. Into the close Friday there were big bids of 100-1000 blocks bought nonstop. 30-300k blocks getting ate up. That’s the longs fighting the shorts. I guessing those guys had options expiring in the 300-325 range and needed to keep it up to get the options win. While the shorts were selling cheaper trying to induce panic sales.

These guys are mad a bunch of people with $1000 having a little fun at their expense and they do it all the time every day. It’s an incredible thing to watch and will be talked about for decades. I’ll play a bit even if I lose some just to be a part of it.

 

[EastMT]

Thanks for sharing this. And most of us get your point.

Hedge funds have always had a 'do anything to make a profit' attitude that has cost the rest of us far more than those of you that are suffering losses now.
Their exploitation is akin to Nike, Apple etc. and slave labor.

After trading for almost a year now, I've come to understand just how bad these insects are in the market. Virtually EVERYTHING IS SHORTED by these people! We're all sick of watching fledgling companies and their investors fight for oxygen while these money grubbers do nothing but profit on misery and failure.

I have a penny stock right now, ATVK, that has floundered lately. Why? Constant shorting of course. We had some good news this week, but a bounce never materialized. A cocky manager of a hedge fund, Jason Lee, apparently tweeted to ATVKs CEO taunting him of his fund's continued efforts to manipulate the company basically to failure.
The CEO tweeted this all out to us SHs. I won't say that was a professional move, but he was fed up! And it definitely showed us what his company and we investors are up against.
Frankly many have lost sympathy for people losing money due to hedge fund woes. What they do should be illegal.

Who does this?! Vile farking human.

I hope that catches fire


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[NDGuy]

Webull shut down AMC for a while


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Thanks CMAhoney I didn't see that happen when I was trading. Must have been a short period, there was no multi day restrictions like Robinhood. So far still like it a lot better than RH and they didn't force people to sell their stocks.

How to open a brokerage account and get free stocks, Open and fund your account to receive free stock - Webull

 

[cmahoney]

Thanks for sharing this. And most of us get your point.

Hedge funds have always had a 'do anything to make a profit' attitude that has cost the rest of us far more than those of you that are suffering losses now.
Their exploitation is akin to Nike, Apple etc. and slave labor.

After trading for almost a year now, I've come to understand just how bad these insects are in the market. Virtually EVERYTHING IS SHORTED by these people! We're all sick of watching fledgling companies and their investors fight for oxygen while these money grubbers do nothing but profit on misery and failure.

I have a penny stock right now, ATVK, that has floundered lately. Why? Constant shorting of course. We had some good news this week, but a bounce never materialized. A cocky manager of a hedge fund, Jason Lee, apparently tweeted to ATVKs CEO taunting him of his fund's continued efforts to manipulate the company basically to failure.
The CEO tweeted this all out to us SHs. I won't say that was a professional move, but he was fed up! And it definitely showed us what his company and we investors are up against.
Frankly many have lost sympathy for people losing money due to hedge fund woes. What they do should be illegal.

Who does this?! Vile farking human.

I hope this gets to the Reddit guys.


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[cmahoney]

Thanks CMAhoney I didn't see that happen when I was trading. Must have been a short period, there was no multi day restrictions like Robinhood. So far still like it a lot better than RH and they didn't force people to sell their stocks.

How to open a brokerage account and get free stocks, Open and fund your account to receive free stock - Webull

It was a couple of hours, I kept placing a 1 share order to test it until it finally let me buy. I bought through my Schwab account when Webull had it shut down


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[NDGuy]

It was a couple of hours, I kept placing a 1 share order to test it until it finally let me buy. I bought through my Schwab account when Webull had it shut down


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Fidelity let me buy whatever I wanted too.

Love Fidelity, think after closing my RH account I will open a cash account with them.

 

[Clarktar]

Webull shut down AMC for a while

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Yea, it was a couple hours. I'm glad they unrestricted as quick as they did and have not tried any BS outside that couple hour restriction. Overall I do like WB but if there is any other BS like that I will likely try fidelity.

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[EastMT]

The block you’re seeing on the retail side of level 2 are dealers closing out options, remember they are always in 100 lot increments, so 100, 200, 10k you get the point. Now if you had what we have you could actually see each trade and what it was but retails level 2 doesn’t give you what we have n level 3.

Ill try to explain what occurred as simple as I can.

RH allowed small accounts ( think under 250k ) to leverage enormous amounts of money through options. Their closing house requires so much liquidity on their books at all times, once retail started diving head first into options with no collateral it threw off their book requiring them to get an immediate loan ( 1.5 billon ) and halt trading, this occurred with many brokers not just RH. This also required them to force close many positions people held immediately trying to bring their book back into compliance.

So here is how it happens a small trader opens an account with a broker like RH they have very little $ in the account think 2000$ just for the sake of this discussion, that same trader buys 10 GME contracts, that purchase requires RH to hedge so they are forced to buy 1000 shares of GME at 300$ , the trader has just used his 2000$ and leveraged over 300k in equites the dealer was forced to buy as a hedge, you can see how RH books would easily get out of wack with mass retail buying of options with very little equity in their accounts. Now we will see the SEC likely require much more equity in a personal account before you can buy any options because this almost brought down the whole market.

My guess what is coming down the pipe.....

This was a major oversight by brokers and regulators allowing anyone to buy that many options without any liquidity in their accounts. I would guess retail will be required to have 30% of liquidity in their account at all times to cover each contract, so for GME at 300$, each contract will require the retail trader to have around 9k in their account at all times or they will be margined immediately.

I completely understand the options limits, but not the regular shares. If you were buying with cash account it shouldn’t have been shut down.

In the end it didn’t upset me as I made a little off the shutdown selloff, but then selling someone’s shares at the market bottom is BS no matter the situation.


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