"deepfu..ing value user name on reddit made 47 million from an initial 50k investment on gme
A year ago, a user by the name of DeepF***ingValue (DFV) posted a screenshot of a position he had taken in GameStop. He had spent about $US50,000 on stock in his initial investment
Sticking it to the Hedge Funds. That beats protesting in the streets. How can that not put a smile on the faces of everybody here on this site. Love it.
"deepfu..ing value user name on reddit made 47 million from an initial 50k investment on gme
A year ago, a user by the name of DeepF***ingValue (DFV) posted a screenshot of a position he had taken in GameStop. He had spent about $US50,000 on stock in his initial investment
Sticking it to the Hedge Funds. That beats protesting in the streets. How can that not put a smile on the faces of everybody here on this site. Love it.
He market has entered the final madness stage, this story pretty much confirms it.
He market has entered the final madness stage, this story pretty much confirms it.
what that some little unknown retail person made some big money. are you one of these big finance people who thinks only the big end of town should be allowed to make money.
anyway i see some people got upset about the hedge funds taking a bath and changed the rules again blocking retail people from buying gme and others but allowing the hedge funds to trade anyway they like in effect causing the prices to fall. robbinhood being sued because of this now and policticians joining in the fracas. makes for a great movies this be one day.
the whole trading platform restrictions have probably had the opposite effect intended now as they have sowed more discontent about the games rigged and probably mean more volitility will come to markets now as the retailers band up more to hunt the funds. a potentially meaning moment in time this gme moment
what that some little unknown retail person made some big money. are you one of these big finance people who thinks only the big end of town should be allowed to make money.
anyway i see some people got upset about the hedge funds taking a bath and changed the rules again blocking retail people from buying gme and others but allowing the hedge funds to trade anyway they like in effect causing the prices to fall. robbinhood being sued because of this now and policticians joining in the fracas. makes for a great movies this be one day.
the whole trading platform restrictions have probably had the opposite effect intended now as they have sowed more discontent about the games rigged and probably mean more volitility will come to markets now as the retailers band up more to hunt the funds. a potentially meaning moment in time this gme moment
Robinhood could take a backlash on this. They are beholden to whom ever is paying them for their order flow. If that flow dries up then so does their revenue. This order flow are black swan's to the algo's and whoever owns those are not happy. I think this is not the last we'll see of this behaviour. Trading has never been cheaper or more accessible.
He market has entered the final madness stage, this story pretty much confirms it.
I'm trying to convince myself not to close up almost all my positions. When my main reactions to the share market at the moment are "Huh?" and "What?" and "Why?" we may have entered the crazy period.
Robinhood could take a backlash on this. They are beholden to whom ever is paying them for their order flow. If that flow dries up then so does their revenue. This order flow are black swan's to the algo's and whoever owns those are not happy. I think this is not the last we'll see of this behaviour. Trading has never been cheaper or more accessible.
The same people they sell the order flow to (Citadel) are the ones propping up the hedge funds that shorted GME. You can't make this **** up.
I'm trying to convince myself not to close up almost all my positions. When my main reactions to the share market at the moment are "Huh?" and "What?" and "Why?" we may have entered the crazy period.
problem is the crazy period just keeps on going and going.
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