Some smart person explain the GME (gamestop) thing

[cravenmorhead]

tda afterhours....tell me what this means
i might have some stock in my account i want out tonight...lol

Not so complicated; you can put in a trade and allow it to executed before and after market close. If you check a ticker on google, the greyed-out price information is from AH activity.

Though a lot of shorts need to cover tomorrow into early next week. I'd be surprised if today repeats itself, though none of this is "normal" or particularly predictable.

[Micol]

^ thanks everybody ..... bAM! out tendies!

[skaredshtles]

Yeah, I think there's an argument equity markets do less to serve the social function equity markets are supposed to serve than they once did. It's also a historical fact that only market-oriented economies allow people to live better lives than their parents lived.

So if casino finance, capital structure manipulation, front-running, socializing risk, creates a situation where lots of people feel like they're no longer seeing forward progress in their material lives then that's a big problem for liberal democratic capitalism.

Perhaps make short-term capital gains rates *really* high? Punitive, even...

Just spit-balling here.

[Timberridge]

Perhaps make short-term capital gains rates *really* high? Punitive, even...

Just spit-balling here.

They already are. Wait till the newly minted Robinhood traders get their 1099's.

[cravenmorhead]

They already are. Wait till the newly minted Robinhood traders get their 1099's.

Not for the IRA Gang!

[skaredshtles]

They already are. Wait till the newly minted Robinhood traders get their 1099's.

Like fuck they are. Top rate of 37%? That's bullshit. Make the short term rate *twice* the trader's marginal rate.

[Timberridge]

Not for the IRA Gang!

You might be onto something. Perhaps this is a way to fund the Social Security deficit?

[Timberridge]

Like fuck they are. Top rate of 37%? That's bullshit. Make the short term rate *twice* the trader's marginal rate.

Yeah just the rich, fuck 'em. You don't want to inadvertently penalize the unemployed dads with Reddit accounts just trying to grab a slice.

[cravenmorhead]

You might be onto something. Perhaps this is a way to fund the Social Security deficit?

u/DeepFuckingValue on Reddit was up $33m+ at one point, and he was holding everything in the Canadian version of an IRA.

[MontuckyFried]

The memes are rolling out fast. First one's really just an excuse for me to post a Margot Robbie pic. Sheer perfection. [chefs kiss]

[cravenmorhead]

I enjoyed:

[east or bust]

Interested to hear what those more knowledgeable on the subject have to say about this lawsuit. Is RH fucked for restricting trading or what?

[This End Up]

I believe its called an E-pump&dump

[old goat]

Good explanation here: https://www.fool.com/investing/2021/...ver-100-heres/

If you were to do that with cattle they'd hang you. (A doc I worked for did invest in cattle--something he knew absolutely nothing about--as a tax shelter, back when there were such things. He lost all his money--the guy sold the same cattle to a lot of different people--and the IRS disallowed the tax loss. I told him you shouldn't invest in cattle unless you can rope and brand them.)

[old goat]

Im saying that as someone who has their retirement riding on the stock market going up.

Have you considered cattle?

[char_]

Have you considered cattle?

I only invest in plastics.

[old goat]

I only invest in plastics.

Did you know Dustin Hoffman and Ann Bancroft were only 6 years apart in age?

[Micol]

can someone tell me if TDA is limiting options available to account holders to in the money only? this is what i am seeing and its not providing the long long pie in sky stuff like a 14 day Call 300 strike price or 400 strike.....

or should i be clicking somewhere else??

[seano732]

I only invest in plastics.

Not fractional vacation ownership in Mexico???? PM Art Shirk

[concretejungle]

https://www.youtube.com/watch?v=9ToO...ature=youtu.be

[kathleenturneroverdrive]

That Saagar Enjeti guy definitely fucks

[BobMc]

can someone tell me if TDA is limiting options available to account holders to in the money only? this is what i am seeing and its not providing the long long pie in sky stuff like a 14 day Call 300 strike price or 400 strike.....

or should i be clicking somewhere else??

“Securities with trading restrictions
We have placed some restrictions on the following securities. These restrictions will not prevent clients from making basic buy and sell transactions. This list is as of January 28, 2021, 4:00PM ET.


AMC, CVM, EXPR, FOSL, GME, NOK, BB, BBBY, FIZZ, GSX, IRBT, NCMI, TR, UONE, VIR, NAK, NAKD, DDS, KOSS


The following restrictions are in place:

Stocks - 100% holding requirement (not marginable)
Long calls and puts are allowed
Covered call and short put orders may only be placed with a broker. Please be aware that wait times to speak with a broker may be longer than normal due to current market conditions.
Covered calls only allowed if your account currently has the shares
Short puts only if you have the maintenance/cash to cover the entire exercise amount of the short puts
All other complex options orders will not be accepted
We may also implement additional restrictions on the opening of option trades that expire Friday, January 29th

Please keep in mind that this list is not inclusive of every security restriction and may change at any time.“

[Stu Gotz]

Market manipulators angry that market manipulators won't allow them to manipulate the market like the market manipulators used to manipulate the market in the past.

[Stu Gotz]

I saw this on Twitter and it made me laugh.

"Wall Street clearly underestimated a generation raised on highly coordinated Friday night World of Warcraft raids." Which is as probably as close to the truth as anything else.

[MontuckyFried]

I saw this on Twitter and it made me laugh.

"Wall Street clearly underestimated a generation raised on highly coordinated Friday night World of Warcraft raids." Which is as probably as close to the truth as anything else.

Ha! That's the most perfect explanation I've seen. WoW raids were epic back in the day. Wanna see people take this stuff next level tho? Check out the EVE Online crowd. Those guys go bonkers with their spreadsheets and epic space battles. Intergalactic financial wars and stuff. Wall Streets got nothing on that community. That could very well be the Redditors they're dealing with.

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