What pissed me off is that they stopped allowing them to buy the stock.
What would you do?What pissed me off is that they stopped allowing them to buy the stock.
Its not that. They changed the rules in the middle of the gameWhat would you do?
What rules?Its not that. They changed the rules in the middle of the game
?????What rules?
I said Stash,Robinhood and Webull but I forgot to mention Acorn which is where you should start.
1.Acorn
2.Stash
3.Robinhood
4.Webull(only cause it's not to help you learn it's to invest)
There's a bunch of other sites/apps/platforms you can use but I'm just giving you what I learned on first and is the easiest for me.
1.Acorn it guides you into certain investment that are "safe" and it helps you in the best way in the beginning.It has a feature where it does Dollar Cost Averaging(DCA) which basically means you're investing as you spend money from your credit card,weekly or monthly deduction of a certain amount of money you choose to invest with($5,$10,$20..).There is data base and a way to look something up if you want to find out whatever it is on the site and about investing;for example A "Dividden" stock- Dividend stocks distribute a portion of the company's earnings to investors on a regular basis. Most American dividend stocks pay investors a set amount each quarter(every three months), and the top ones increase their payouts over time, so investors can build an annuity-like cash stream(Dividden stock investing is another method of investing for $$$$ but it's not the only way and alot of people don't do it....it's slow)
2.Stash is like Acorn but I believe a more freedom to invest in stocks but still limited with a large data base of information that can help you that's not length of a page in a dictionary.It's easy to signup,link your credit card and read through the different investments that they have like Acorn.
HERE'S A FEW STOCKS THAT I HAVE THAT MIGHT BE A GOOD PLACE FOR YOU TO START:
(These are ETF's,a bunch of company's into one,most pay a dividden which is shitty but it somehing) and you plug it in,click on it,see the price,movements...ect and what it's about,what companies they invest in how much they invest in them(your money)) and the good thing is that you can buy shares like VOO for $273.91 per share or you can spend $ 1.00-10.00-10.000 today,tomorrow,weekly or monthly and own fractional shares which is like buying small pieces of a stock rather than jumping head first, which is what I recommend you do to start out with.
-VOOG
-VOO
-VYM
-SCHD
-MINT
-IVV
-MGC
-VGT
-VTV
-ARKK
I'm no expert but this is how I started and when it comes to investing you're always learning something new and you need to be willing to pay attention cause that's where the money.
There is a strategy, it is called a short squeeze. Hedgefunds were betting Gamestop stock would sink but with everyone buying and raising the stock price, hedgefunds had no choice but to keep covering their shorts at a higher price which prevented the stock from declining.
Of course.As a black man in America you don’t see the irony in your post? I remember people arguing with eewwll about slavery.
These old azz Wall Street MFs upset cause these youngin done over turned the game on them and they trying to stop it. The game has always been rigged they just found the hidden cheat code and exploited the hell out of it.
PS me and my grandkids about to have a great weekend because of thiskeep a eye on the crypto
What's wrong w that?Folks get played and then run to the mothafuckas that are about to play them again.
Did any of you kids ever ask yourself how did Dad know you fucked up? Your mother snitched on you. She isn’t your friend. AOC is thinking of running for senator. Why would she go hard on the financial sector? And she’s not even Jewish.
This....Its not that. They changed the rules in the middle of the game
This....
Michael Jordan Caught in Middle of GameStop Trading War
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Michael Jordan is bleeding money after finding himself in the middle of the Reddit-fuelled GameStop trading war that has stunned Wall Street.
Jordan could not have picked a worse time to welcome hedge fund giants Gabe Plotkin and Daniel Sundheim as investors in the Hornets.
Both men are reported to have taken “catastrophic” losses, with the ongoing war between hedge fund managers and amateur investors reportedly wiping more than $5 billion from established hedge funds.
Jordan’s business partner Plotkin and his Melvin Capital fund had bet aggressively against GameStop by short-selling its shares, meaning they stood to gain if the price went down and lose if it went up.
So when an army of hell-bent amateur investors joined forces to drive up GameStop’s stock price by more than 1700 per cent in an attempt to stick it to Wall Street, it was an unmitigated disaster for Melvin Capital, and by extension, MJ.
Melvin Capital said they had conceded defeat on Tuesday, with Plotkin claiming during an interview with CNBC that his fund had closed its position in GameStop, meaning they had chosen to swallow their losses.
Jordan, meanwhile, has reportedly lost as much as $230 million over the past 12 months with the COVID-19 pandemic crippling NBA team profits for the second straight season.
However, it seems likely MJ will scrape by, with Forbes listing his net worth at $1.6 billion even after this epic disaster.
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Michael Jordan Caught in Middle of GameStop Trading War
Michael Jordan is bleeding money after finding himself in the middle of the Reddit-fuelled GameStop trading war that has stunned Wall Street.Jordan could not have picked a worse time to welcome hebasketballforever.com
Robinhood gets paid by the hedge funds (King John). RH been screwed his merry men.What have I been saying for yrssss on here.. they don’t want nigs to have money
Fun how they picked companies that where either on the verge of bankruptcy or really needed a life line to stay afloat to do this to, its smart in away cause no one saw this coming with these companies, but on the back end these companies will now get bought out by bigger companies and gutted.These people were betting on destroying companies quicker than usual.
That means people lost their jobs and savings.
itll be funny when we find out Wallstreetbets was an elaborate scheme by wallstreet itself !![]()
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I'M SICK MAMA I'M SICK!I would if my heroes were self hating black men like Kobe Bryant and Michael Jordan. MJ losing money doesnt help me and I dont need to see him lose to feel good. Thats a Jordan Stan thing, Im not a member.
Welp... Reddit users buy shoes too...
even webull on the bullshit too![]()
when this movie comes out next year
CITRON folded today! dude was almost in tears !
to be honest theres a certain numerical dynamic to it , but its the way it feels very predatory & vindictive to short struggling companies stocks when they need it the most!Fun how they picked companies that where either on the verge of bankruptcy or really needed a life line to stay afloat to do this to, its smart in away cause no one saw this coming with these companies, but on the back end these companies will now get bought out by bigger companies and gutted.