• The first stage of the forum upgrades has now been completed but they remain in a degraded state and are still being worked on. Normal posting/reading should now be possible.
    Please read this thread for more details.
    New user registrations are currently disabled.

Redditors gave Wall Street traders an absolute pasting

monkeytassle said:
The apps are owned by the brokers who are presumably allowing their clients to trade on margin. Which means if the client can't pay they owe the money.
Click to expand...
By client do you mean the Hedge Funds and the likes, not just mr smith who got $200 worth of shares as he saw ot on reddit or the news? If so have they basically stopped mr little buying shares so Mr Big doesnt go skint meaning they (the apps/brokers) are left with the debt once the music stops?

Is its a case of the bigger you are the more credit you can get resulting in much bigger loses whereas small fish have to pay up front for everything?

Sorry if im totally off.
 

monkeytassle said:
Confirmed you have no idea what you're talking about

You're right. It is shite. It's some conspiracy theory. Phone up your broker and sell some amc. You'll be able to.
Click to expand...

You started this thread on the moral high ground of market manipulation by a bunch of amateurs on a message board.

Oddly when a trading platform, 40% owned by one of the most exposed hedge funds, turns off trading on specific shares despite no guidance from SEC that just so happens to protect hedge funds exposure and and crash the price you have no issue with that particular market interference. An app by the way that markets itself on free market. Bloody hell even everyone from AOC to Ted Cruz are United on it.

Robinhood App is already getting sued to fuck, hopefully investigated for manipulation too
 
Last edited:
MonkeyLove said:
You started this thread on the moral high ground of market manipulation by a bunch of amateurs on a message board.

Oddly when a trading platform, 40% owned by one of the most exposed hedge funds, turns off trading on specific shares despite no guidance from SEC that just so happens to protect hedge funds exposure and and crash the price you have no issue with that particular market interference. An app by the way that markets itself on free market. Bloody hell even everyone from AOC to Ted Cruz are United on it.

Robinhood App is already getting sued to fuck, hopefully investigated for manipulation too
Click to expand...
Let's be clear here. You haven't à f***ing clue what you're talking about. Do you? Csn you explain without googling the difference between a hedge fund, a bank and a market maker?
FoldingStars said:
By client do you mean the Hedge Funds and the likes, not just mr smith who got $200 worth of shares as he saw ot on reddit or the news? If so have they basically stopped mr little buying shares so Mr Big doesnt go skint meaning they (the apps/brokers) are left with the debt once the music stops?

Is its a case of the bigger you are the more credit you can get resulting in much bigger loses whereas small fish have to pay up front for everything?

Sorry if im totally off.
Click to expand...
No you're spot on. The client is the dude that works 9 to 5 and wants to buy some stock for his 401k (pension)
 
monkeytassle said:
Let's be clear here. You haven't à f***ing clue what you're talking about. Do you? Csn you explain without googling the difference between a hedge fund, a bank and a market maker?

No you're spot on. The client is the dude that works 9 to 5 and wants to buy some stock for his 401k (pension)
Click to expand...

I have an economics background so yes I know the difference between various financial institutions...

More importantly so you don’t avoid a question again.., you presumably don’t think Robinhood apps behaviour today is a little odd?

One, why did they unilaterally make a decision to stop purchase of shares when their are checks and balances in the market that would regulate excessive volatility?

Two, why all of a sudden have they taken the ethical approach of protecting first time investors from risky trades when for years people could go on their app as first time traders and lose their shirt?

And three, the best of the f***ing lot, they specialise in cryptocurrency so any logic or rationale they want to argue they ceased trading to protect users from risk or volatile markets is absolutely laughable :lol:

You get taken to the cleaners on this board across all sorts of topics and your go to defence is to claim other people don’t know what they are talking about. Utter shambles.
 
monkeytassle said:
Let's be clear here. You haven't à f***ing clue what you're talking about. Do you? Csn you explain without googling the difference between a hedge fund, a bank and a market maker?

No you're spot on. The client is the dude that works 9 to 5 and wants to buy some stock for his 401k (pension)
Click to expand...
you don't need to take such a patronising tone and assume you are the expert on this subject, understanding financial institutions and the stock market is not that bloody complicated
 
CatRyan said:
you don't need to take such a patronising tone and assume you are the expert on this subject, understanding financial institutions and the stock market is not that bloody complicated
Click to expand...

He used to be a decent poster. His modern day MO seems to be flaunting wealth and playing the contrarian
 
  • Like
Reactions: Cow
MonkeyLove said:
He used to be a decent poster. His modern day MO seems to be flaunting wealth and playing the contrarian
Click to expand...
he's aggressive and bullish, he has no elegance of manner or thought, he is vulgar and I hear short but can still turn out the odd good post
 
  • Like
Reactions: Cow
a lot of full service firms stopped the buying of it too, as well as clearing firms increasing the margin requirement. it's not just robin hood.
 
You must log in or register to reply here.
Back
Top