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  1. #1001
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    Quote Originally Posted by ercchry View Post
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    Hahaha... Elon tweets about GME... almost touches $200 AH
    215 now. Almost touched 250 at one point

  2. #1002
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    So how does the afterhours market work - what makes the price move when the market is closed?

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    Quote Originally Posted by nzwasp View Post
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    So how does the afterhours market work - what makes the price move when the market is closed?
    The same thing as when the market is open.

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    Quote Originally Posted by vengie View Post
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    The same thing as when the market is open.
    I mean can people make trades afterhours?

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    Quote Originally Posted by nzwasp View Post
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    I mean can people make trades afterhours?
    Yes. Depends on your broker. Example if you are with RBC you have to call it in and it has to be a market order.

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    Quote Originally Posted by nzwasp View Post
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    I mean can people make trades afterhours?
    Yup...

    You know you can also do that with major Canadian banks too, but they make you call in and charge you up the ass.

    Just my opinion though

  7. #1007
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    IBKR interface has this option on the order:

    Name:  Screenshot 2021-01-26 151126.jpg
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  8. #1008
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    Quote Originally Posted by kertejud2 View Post
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    I can't wait for the movie based on the inevitable Michael Lewis book.
    Title: The Big Shart

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    WSB pumping AMC now, I wonder when the SEC is going to step in.

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    Quote Originally Posted by taemo View Post
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    WSB pumping AMC now, I wonder when the SEC is going to step in.
    Have to take Cramer off the air first... WSB is pretty good at sticking to the rules... someone posted em the other day. Lawyers chimed in.

  11. #1011
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    I'm up +100% AH on AMC since Friday!

    Andrew Left f*cked himself selling GME calls as well https://www.reddit.com/r/wallstreetb...finally_spoke/

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    What do you guys think about these company's like Gamestop, Tesla, ect going 5000%+ gains in a matter of months? Do you guys not think something is very broken in the US stock market and free markets in general and where this all ends?

    This roller coaster ride has been a blast but where does this track end?

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    Quote Originally Posted by phreezee View Post
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    I'm up +100% AH on AMC since Friday!

    Andrew Left f*cked himself selling GME calls as well https://www.reddit.com/r/wallstreetb...finally_spoke/
    Lulz... so currently sitting at ~$10k/contract loss on the $90c... and ~$13k/contract on the $75c

    Wonder how many he sold... I’m assuming he sold em naked, no way he was long on GME

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    oh jesus AMC up 40% after hours lol

    patiently waiting for NOK's turn lol

    - - - Updated - - -

    Quote Originally Posted by FunWheelDrive View Post
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    What do you guys think about these company's like Gamestop, Tesla, ect going 5000%+ gains in a matter of months? Do you guys not think something is very broken in the US stock market and free markets in general and where this all ends?

    This roller coaster ride has been a blast but where does this track end?
    Attachment 97070 lol

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    ya jabroni.

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    Quote Originally Posted by FunWheelDrive View Post
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    What do you guys think about these company's like Gamestop, Tesla, ect going 5000%+ gains in a matter of months? Do you guys not think something is very broken in the US stock market and free markets in general and where this all ends?

    This roller coaster ride has been a blast but where does this track end?
    They think it's funny. And they are right. What do you think?
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  17. #1017
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    Quote Originally Posted by FunWheelDrive View Post
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    What do you guys think about these company's like Gamestop, Tesla, ect going 5000%+ gains in a matter of months? Do you guys not think something is very broken in the US stock market and free markets in general and where this all ends?

    This roller coaster ride has been a blast but where does this track end?
    I've been asking myself the same... it feels like the wild west, some people are making a ton of money some are losing it all. But eventually something is going to give....like will this still be happening in 5 years?

    TSLA kind of went through it last year and they did eventually stabilize(ish). Maybe valuations just no longer mean anything. Which is funny, because I did a stint in equity research and the one thing I took out of that soul crushing job was that no....valuations don't mean shit 90% of the time.

    More likely I figure institutions and their algo's will pull the prisoners dilemma, build up big short positions, then hammer all these stocks and leave an army of 22 year old's holding bags of capital losses. And the rich get richer.

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    Well we are due for some kind of financial crash again so wouldn't be surprised if this gaming starts some kind of bubble. WSB basically started to try and get Citron Research to lose $$$ but now it's looking like the entire 12 billion $ fund will go under. Sure it's BS that the fund shorts stocks and then tries to pressure the price lower BUT that's still a ton of peoples investments getting wiped out in a month. If more of these companies go under it could cause a lot of issues because Citron will likely be forced to liquidate all their stocks to cover their loses. Could cause some small crashes

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    https://twitter.com/BWildeMTL/status...506922497?s=19

    Quoting fintwit: And what happens when it isn’t GameStop that this gets done to but oil? Or corn?

    Then what? What a mess and the @Fed eralreserve doesn’t even know the monster they created here.

    Sure, fun little laugh when it’s the NASDAQ, not when food oil is next.

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    Quote Originally Posted by pheoxs View Post
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    Well we are due for some kind of financial crash again so wouldn't be surprised if this gaming starts some kind of bubble. WSB basically started to try and get Citron Research to lose $$$ but now it's looking like the entire 12 billion $ fund will go under. Sure it's BS that the fund shorts stocks and then tries to pressure the price lower BUT that's still a ton of peoples investments getting wiped out in a month. If more of these companies go under it could cause a lot of issues because Citron will likely be forced to liquidate all their stocks to cover their loses. Could cause some small crashes
    Agreed, but I also have a hard time feeling worse for a bunch of millionaire/billionaire hedge fund investors that get rich by actively piling onto normally feasible smallish businesses that hire thousands of people. It's one thing to go short a company, its another to short a failing company, and it's something completely different to go short and then loudly do everything you can to bankrupt that company and all its employees.

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