#stonks | cscareers.dev | Page 9

round holly Jan 28, 2021, 5:04 PM

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There have been like 20 halts lol

unreal quest Jan 28, 2021, 5:04 PM

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So they can set the price to whatever they want

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Can citadel

round holly Jan 28, 2021, 5:04 PM

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Are stocks halted if they go too high in a certain period too?

unreal quest Jan 28, 2021, 5:04 PM

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Completely control the price

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Can citadel prevent it from reaching $1000

median yarrow Jan 28, 2021, 5:05 PM

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📎 image0.png

junior tapir Jan 28, 2021, 5:05 PM

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round holly Are stocks halted if they go too high in a certain period too?

yes its something like 5 or 10% change either way in a certain time frame causes halts

unreal quest Jan 28, 2021, 5:05 PM

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And I didn’t touch robinhood

round holly Jan 28, 2021, 5:05 PM

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Can we talk about dogecoin tho

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2 cents

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Lol

unreal quest Jan 28, 2021, 5:05 PM

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I was actually about to lose money to them

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But I saw the announcement

junior tapir Jan 28, 2021, 5:06 PM

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haha thats awesome

unreal quest Jan 28, 2021, 5:06 PM

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And that triggered me to sell

junior tapir Jan 28, 2021, 5:06 PM

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dogecoin to the moon

unreal quest Jan 28, 2021, 5:06 PM

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I knew this was gonna happen

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Robinhood doing this highly illegal thing would without a doubt tank the price

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@fleet cypress is citadel responsible for market manipulation?

visual raptorBOT Jan 28, 2021, 5:06 PM

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FREEZE! @torpid crane has entered the room.

unreal quest Jan 28, 2021, 5:07 PM

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Could they easily be included in the lawsuit

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Could they lose everything

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2008 was an easy recovery

junior tapir Jan 28, 2021, 5:07 PM

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lol they wont lose everything if this succeeds its a calculated moce

unreal quest Jan 28, 2021, 5:07 PM

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And the the stock market skyrocketed over the next decade

unreal quest Jan 28, 2021, 5:08 PM

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junior tapir lol they wont lose everything if this succeeds its a calculated moce

If they lose the lawsuit

junior tapir Jan 28, 2021, 5:08 PM

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the fines or whatever they will get will be nothing compared to what they can lose

unreal quest Jan 28, 2021, 5:08 PM

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And have to pay damages

tulip turret Jan 28, 2021, 5:08 PM

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Hey Alex, if you made $$$ pls consider server boosting lol

unreal quest Jan 28, 2021, 5:08 PM

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What’s server boosting?

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How do I do it

tulip turret Jan 28, 2021, 5:08 PM

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It’s a discord thing

median yarrow Jan 28, 2021, 5:09 PM

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we need more emotes sadge

celest rain Jan 28, 2021, 5:09 PM

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median yarrow we need more emotes <:sadge:747169038911930418>

this please^^^^

tulip turret Jan 28, 2021, 5:09 PM

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https://support.discord.com/hc/en-us/articles/360028038352-Server-Boosting-

unreal quest Jan 28, 2021, 5:09 PM

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Okay

junior tapir Jan 28, 2021, 5:10 PM

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back above $300

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sorry paper hands

median yarrow Jan 28, 2021, 5:10 PM

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LOL

celest rain Jan 28, 2021, 5:10 PM

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AMC'S TURN

median yarrow Jan 28, 2021, 5:10 PM

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bru everyone that sold is for sure pissed

celest rain Jan 28, 2021, 5:10 PM

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PLEASE

lusty egret Jan 28, 2021, 5:11 PM

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everyone that panic sold deserved to lose that money

celest rain Jan 28, 2021, 5:11 PM

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BRUH I DON'T HAVE ANY GME sadge sadge sadge sadge sadge sadge sadge sadge PepeHands

lusty egret Jan 28, 2021, 5:11 PM

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do feel a little bad tho bc some people barely knew how stocks worked

hollow ridge Jan 28, 2021, 5:12 PM

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LET'S GO GMEEEE

quasi heart Jan 28, 2021, 5:12 PM

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tulip turret Hey Alex, if you made $$$ pls consider server boosting lol

has anyone told you today that you're our favorite mod ❤️

hollow ridge Jan 28, 2021, 5:12 PM

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unreal quest Okay

pls you get a pink name and we get some extra server features

celest rain Jan 28, 2021, 5:13 PM

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who woulda thought

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robinhood

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was robbing us in the end

hollow ridge Jan 28, 2021, 5:13 PM

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also y'all discord nitro has free trial so we can boost our fav server lol

unreal quest Jan 28, 2021, 5:13 PM

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just boosted the server

hollow ridge Jan 28, 2021, 5:13 PM

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ayyy

unreal quest Jan 28, 2021, 5:13 PM

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what does it do

median yarrow Jan 28, 2021, 5:13 PM

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literally was thinking the same thing

unreal quest Jan 28, 2021, 5:13 PM

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@tulip turret

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just boosted the server

median yarrow Jan 28, 2021, 5:13 PM

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now we get more emotes 😈

hollow ridge Jan 28, 2021, 5:14 PM

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🇭 🇴 🇱 🇩 Stonksup

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oh damn really @fleet cypress

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whaaa

median yarrow Jan 28, 2021, 5:14 PM

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bru

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i want to buy it

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everyone that sold at <200 rn shocked_pikachu

hollow ridge Jan 28, 2021, 5:15 PM

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y'all seriously tho ARKK and ARKF be popping off today

unreal quest Jan 28, 2021, 5:16 PM

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ill boost the server

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im ur server booster

onyx mango Jan 28, 2021, 5:16 PM

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arkk is up 1%

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is that popping off?

unreal quest Jan 28, 2021, 5:16 PM

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1%?

onyx mango Jan 28, 2021, 5:17 PM

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yea

unreal quest Jan 28, 2021, 5:17 PM

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@fleet cypress do u think citadel will lose in court?

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and robinhood

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when the class action goes into place

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whos the clearing firm

junior tapir Jan 28, 2021, 5:18 PM

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apex legends how could you betray us

unreal quest Jan 28, 2021, 5:18 PM

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why?

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why do they want to do this?

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does it help them make money

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so did citadel play any role in this?

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the market manipulation

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who will the lawsuit be against

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1 is generous

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they deserve a negative rating

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first splurge: boost cs server

visual raptorBOT Jan 28, 2021, 5:22 PM

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@hazy ruin has entered the community.

unreal quest Jan 28, 2021, 5:23 PM

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i still cant comprehend the situation im in

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im just gonna boost the server for y'all

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its the small things like this that make me happy

subtle blade Jan 28, 2021, 5:25 PM

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What the heck is up with gme

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It cratered to 126 and is now back up to 315

quasi heart Jan 28, 2021, 5:26 PM

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@subtle blade welcome to the casino! 🙂

subtle blade Jan 28, 2021, 5:26 PM

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Nvm 265 now

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Lol

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Wait

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The terminal tells me "SEC Short Sale Rule is in Effect: Trading Halt"

unreal quest Jan 28, 2021, 5:28 PM

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its gonna recover

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i feel

floral wadi Jan 28, 2021, 5:28 PM

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amc is back 🚀

unreal quest Jan 28, 2021, 5:28 PM

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subtle blade The terminal tells me "SEC Short Sale Rule is in Effect: Trading Halt"

meaning?

subtle blade Jan 28, 2021, 5:29 PM

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Idk what it means lol

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The price isn't updating anymore

unreal quest Jan 28, 2021, 5:29 PM

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it will last one day

visual raptorBOT Jan 28, 2021, 5:29 PM

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@latent turret has just slid into the community.

unreal quest Jan 28, 2021, 5:29 PM

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the restirctions on shorts

latent turret Jan 28, 2021, 5:29 PM

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📎 image0.png

unreal quest Jan 28, 2021, 5:30 PM

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absolutely true

upbeat cliff Jan 28, 2021, 5:30 PM

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Is there anyway to take money outside of chase lmao

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I hit my limit

unreal quest Jan 28, 2021, 5:30 PM

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im gonna contribute to the legal fees

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to sue robinhood

latent turret Jan 28, 2021, 5:30 PM

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I’m shorting it on it’s ipo

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Fucking shady ass company

unreal quest Jan 28, 2021, 5:30 PM

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ipo isnt happening

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at this point

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they are so underwater

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theyre gonna lose everything

latent turret Jan 28, 2021, 5:31 PM

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Wall Street bets is essentially the proletariats hedge fund

unreal quest Jan 28, 2021, 5:31 PM

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pretty much

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a hedge fund for the common man

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giving real opportunity

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to society

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and it's a mission i support

latent turret Jan 28, 2021, 5:32 PM

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I want rh to ipo

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Wall Street bets will fuck it

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And it will be beautiful

unreal quest Jan 28, 2021, 5:32 PM

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robinhood is gonna lose 90% of its users

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they cant be trusted

latent turret Jan 28, 2021, 5:33 PM

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Webull looking real nice

unreal quest Jan 28, 2021, 5:33 PM

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theyre gonna have to deal with a lawsuit

onyx mango Jan 28, 2021, 5:33 PM

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webull limited as well

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LOL

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https://twitter.com/WebullGlobal/status/1354828729713881091?ref_src=twsrc^google|twcamp^serp|twgr^tweet

Webull (@WebullGlobal)

Dear Valued Client,

Please note that we will no longer allow clients to open new positions in following three stocks:

AMC
GME
KOSS.

(1/2)

Retweets

1031

Likes

1153

latent turret Jan 28, 2021, 5:33 PM

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Oh nvm

median cradle Jan 28, 2021, 5:34 PM

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Schwab the move ig

junior tapir Jan 28, 2021, 5:34 PM

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we use the boomers to destroy the boomers

unreal quest Jan 28, 2021, 5:34 PM

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i only use schwab

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and goldman

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should we build our own platform?

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that will be completely democratic

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no bullshit restrictions

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yes. it's not a bad idea

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if u guys can figure it out im happy to consider it

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and see what value i can add

visual raptorBOT Jan 28, 2021, 5:36 PM

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@oblique shard has just slid into the community.

unreal quest Jan 28, 2021, 5:37 PM

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@hexed rose by open source how would it work

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and how much access would the general public have to update it

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what can and cant be done

junior tapir Jan 28, 2021, 5:37 PM

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open source trading prob wouldnt work since u still need to work with other firms or something to trade

visual raptorBOT Jan 28, 2021, 5:38 PM

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Wow, @boreal dove just joined! Who brought the cake?!

unreal quest Jan 28, 2021, 5:38 PM

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i cannot work with citadel no matter what

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i dont care how much money i could make

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i just cant

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ethics are wrong

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on so many levels

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i need to find an ethical firm

visual raptorBOT Jan 28, 2021, 5:39 PM

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Wow, @near narwhal just joined! Who brought the cake?!

unreal quest Jan 28, 2021, 5:39 PM

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if they even exist

celest rain Jan 28, 2021, 5:39 PM

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https://tenor.com/view/pepe-sad-spoof-meme-gif-7499097

Tenor

unreal quest Jan 28, 2021, 5:39 PM

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yeah ill work on it

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i think it could be done

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with robinhoods demise its much needed

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robinhood is dead

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so im totally supportive of this

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ill look into what i can do, both in terms of intellectual property and financial contributions

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there will be a lawsuit

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and the damages awarded could be billions of dollars

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at that point theyll have to liquidate everything

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they were

celest rain Jan 28, 2021, 5:42 PM

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someone on this server has to be interning for them

unreal quest Jan 28, 2021, 5:42 PM

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it was purely out of greed

celest rain Jan 28, 2021, 5:42 PM

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PUSH A FIX TO PROD

unreal quest Jan 28, 2021, 5:42 PM

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they did it cuz ken asked them to

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ken is a greedy fucking pig

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who only cares about maximizing every dollar

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and screwing over the poor

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what they did is so wrong

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and illegal

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you can't manipulate the markets

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its highly highly illegal

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they arent getting out of this easy

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theyll definitely get involved

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what robinhood did is a huge violation

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they are that stupid

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hedge funds are stupid

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look at how well they did

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and melvin literally brought themselves to 0

minor glen Jan 28, 2021, 5:44 PM

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I mean a lot of other brokerages followed suit

unreal quest Jan 28, 2021, 5:45 PM

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it will be a shitshow

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there will be riots

minor glen Jan 28, 2021, 5:45 PM

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Yeah today was the hedge funds saying screw you guys we have power

unreal quest Jan 28, 2021, 5:45 PM

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99.9% of the population will disagree with the sec

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it will be ugly

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the sec is not gonna do this

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absolutely no way

median cradle Jan 28, 2021, 5:47 PM

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I like this stock 👍

unreal quest Jan 28, 2021, 5:47 PM

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this is history

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this would almost never happen

median cradle Jan 28, 2021, 5:47 PM

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This rebound after the shitshow today... I'm feeling good about tomorrow

unreal quest Jan 28, 2021, 5:47 PM

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donald trump jr is willing to question the sec

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and stand up for retail traders

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fuck the sec

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fuck ken

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this is gonna start a revolution

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an im here for the ride

elder cypress Jan 28, 2021, 5:49 PM

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tfw the current finacial system is about to get dismantled by memers

unreal quest Jan 28, 2021, 5:49 PM

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honestly yeah

tulip turret Jan 28, 2021, 5:49 PM

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just 2021 things ✨

unreal quest Jan 28, 2021, 5:49 PM

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this is gonna be a year of significant change

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retail traders fucking over the big guys

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this has never happened

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aoc, ted cruz, and donald trump jr all agreeing on something

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this is a historical moment

dreamy tendon Jan 28, 2021, 5:50 PM

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alex

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did ur options go up today

unreal quest Jan 28, 2021, 5:51 PM

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@dreamy tendon i cashed out

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yeah they did

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this morning

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roughly doubled today

median yarrow Jan 28, 2021, 5:52 PM

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unreal quest aoc, ted cruz, and donald trump jr all agreeing on something

bru ik

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is the apocalypse coming soon 🤔

unreal quest Jan 28, 2021, 5:53 PM

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honestly the whole system is gonna need to be reformed

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we witnessed a massive riot on capitol hill

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we saw the worst of this country

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it was horrifying

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now we're watching a bunch of retail investors question authority

visual raptorBOT Jan 28, 2021, 5:53 PM

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Wow, @prisma dove just joined! Who brought the cake?!

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Have no fear, @snow palm is here!

unreal quest Jan 28, 2021, 5:54 PM

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and decide to fuck over the institution

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this is the year we realize how much change our current system needs

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weve exposed weaknesses in the government

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this is the year where well need to look out for the common man

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it actually seems that politicians are becoming less distanced rom each other

visual raptorBOT Jan 28, 2021, 5:55 PM

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Wow, @gentle phoenix just joined! Who brought the cake?!

timid steeple Jan 28, 2021, 5:55 PM

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alex 2024?

last panther Jan 28, 2021, 5:56 PM

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@unreal quest are you fully exited?

onyx mango Jan 28, 2021, 5:56 PM

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https://news.yahoo.com/robinhood-app-hit-lawsuit-trying-172304118.html

Robinhood App Hit With Lawsuit After Trying to Shut Down GameStop U...

Michael M. Santiago/GettyThe financial trading app Robinhood is been hit with a federal class action lawsuit after it restricted trades to stocks popular on the Reddit forum r/WallStreetBetsThe lawsuit, filed in the Southern District of New York on Thursday, alleges that the app “purposefully, willfully, and knowingly removing the stock ‘GME’ fr...

median yarrow Jan 28, 2021, 5:56 PM

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prayge

hasty burrow Jan 28, 2021, 5:57 PM

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prayge

unreal quest Jan 28, 2021, 5:58 PM

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last panther <@628059839469453322> are you fully exited?

97% exited

celest rain Jan 28, 2021, 5:58 PM

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prayge

unreal quest Jan 28, 2021, 5:58 PM

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im still holding onto a very small amount

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look how fast it happened

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im quite happy

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its time to stand up to the institutions

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we plebs should be bullied by them

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and their manipulative tactics

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its absolutely unethical

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its screwing people over

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its time something be done

zinc pasture Jan 28, 2021, 5:59 PM

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how are you standing up to the institutions if you pull out

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:thonk:

unreal quest Jan 28, 2021, 6:00 PM

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i honestly just couldnt risk it anymore

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by me selling

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ken lost

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and thats my win

visual raptorBOT Jan 28, 2021, 6:00 PM

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@humble bear has entered the community.

zinc pasture Jan 28, 2021, 6:00 PM

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Ken makes money off of your trades

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he's the marketm aker

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lol

unreal quest Jan 28, 2021, 6:00 PM

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who lost then

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melvin

zinc pasture Jan 28, 2021, 6:01 PM

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📎 unknown.png

elder cypress Jan 28, 2021, 6:02 PM

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whats the best alternative to rh

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webull?

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fidelity?

quasi heart Jan 28, 2021, 6:03 PM

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ibkr

zinc pasture Jan 28, 2021, 6:03 PM

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2 billion*

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they put

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2 billion

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also

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on top of that

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no

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Point72 put

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750 million

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and Shittydel did

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2 bill

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On top of that

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how do you know Melvin had to cover at 400

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or if retail investors did

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lol

unreal quest Jan 28, 2021, 6:03 PM

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Did they lose anything?

zinc pasture Jan 28, 2021, 6:04 PM

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he's operating on the concept

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that they bought his stocks

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at 400

unreal quest Jan 28, 2021, 6:04 PM

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Melvin or citadel?

zinc pasture Jan 28, 2021, 6:04 PM

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whomever

unreal quest Jan 28, 2021, 6:04 PM

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Did Ken lose a dime?

zinc pasture Jan 28, 2021, 6:04 PM

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idk this argument is so flawed lol

median yarrow Jan 28, 2021, 6:04 PM

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bru bitcoin is trending rn bc of what happened with rh

elder cypress Jan 28, 2021, 6:05 PM

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robinhood robbing da hood 😔

median cradle Jan 28, 2021, 6:05 PM

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What are you down on arkk

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Stocks only go up

celest rain Jan 28, 2021, 6:07 PM

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cus they can play cyberpunk now

lilac thunder Jan 28, 2021, 6:08 PM

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Fuck robinhood

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First they give LC Hard

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Then they do this

tulip turret Jan 28, 2021, 6:08 PM

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yo i wonder what its like at robinhood rn

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anyone wintern there

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👀

celest rain Jan 28, 2021, 6:08 PM

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we gotta have an intern on this server sabotage their latest push

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who knew robinhood would be robbing our money prayge

hasty burrow Jan 28, 2021, 6:09 PM

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prayge

celest rain Jan 28, 2021, 6:09 PM

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prayge

hasty burrow Jan 28, 2021, 6:09 PM

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ayo what

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whyd you delete

subtle blade Jan 28, 2021, 6:09 PM

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LOL

celest rain Jan 28, 2021, 6:10 PM

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well if u wanna use it like that

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nothing is stopping you

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for instance:
robinhood doing some major prayge for citadel

hasty burrow Jan 28, 2021, 6:13 PM

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did cashapp block

visual raptorBOT Jan 28, 2021, 6:15 PM

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@unique steppe has just slid into the community.

unique steppe Jan 28, 2021, 6:15 PM

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@unreal quest what did u do

unreal quest Jan 28, 2021, 6:16 PM

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It’s not good now

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I’m now in a massive argument with my parents

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Over this

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I won

unique steppe Jan 28, 2021, 6:16 PM

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sorry i dont know any of the back story at all

unreal quest Jan 28, 2021, 6:16 PM

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They said I gambled

unique steppe Jan 28, 2021, 6:16 PM

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would you mind pointing me to where i can read

unreal quest Jan 28, 2021, 6:17 PM

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Just read the chat

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@fleet cypress

unique steppe Jan 28, 2021, 6:17 PM

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tl dr?

unreal quest Jan 28, 2021, 6:17 PM

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Bought gme and won big

unique steppe Jan 28, 2021, 6:17 PM

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damn

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how much did u make

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and congrats

unreal quest Jan 28, 2021, 6:19 PM

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Read the chat

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It will be there

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It’s a huge amount

unique steppe Jan 28, 2021, 6:19 PM

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dude i've been scrolling i cant find it

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theres bare text

median cradle Jan 28, 2021, 6:20 PM

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Ok basically he put like $200k into positions in GME and made it into 160? mil

tulip turret Jan 28, 2021, 6:20 PM

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@unreal quest do you plan on ss and posting to reddit?

unique steppe Jan 28, 2021, 6:20 PM

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god damn

median yarrow Jan 28, 2021, 6:20 PM

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wtf

unique steppe Jan 28, 2021, 6:20 PM

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@median cradle aight thanks for the tl dr

median yarrow Jan 28, 2021, 6:20 PM

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how do u even have that kind of money

unreal quest Jan 28, 2021, 6:20 PM

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Possibly

median yarrow Jan 28, 2021, 6:20 PM

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median cradle Ok basically he put like $200k into positions in GME and made it into 160? mil

thanks btw

unreal quest Jan 28, 2021, 6:20 PM

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Not sure about the reddit post

unique steppe Jan 28, 2021, 6:20 PM

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how you got 200k bruh

upbeat cliff Jan 28, 2021, 6:20 PM

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that makes me feel better tbh lol

even if I put all my money in, I barely would have made 100k

unique steppe Jan 28, 2021, 6:21 PM

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are you going back to school?

median cradle Jan 28, 2021, 6:21 PM

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Very wealthy parents

unreal quest Jan 28, 2021, 6:21 PM

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median cradle Very wealthy parents

Yeah

unique steppe Jan 28, 2021, 6:21 PM

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or are u also like a 20 something year old

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ah i see

unreal quest Jan 28, 2021, 6:21 PM

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unique steppe are you going back to school?

Honestly yes

unique steppe Jan 28, 2021, 6:21 PM

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naw i meant like, are you a full timer that is going back to school (which is why you got moneyu like that)

unreal quest Jan 28, 2021, 6:21 PM

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I want things to be as normal as possible

unique steppe Jan 28, 2021, 6:21 PM

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fair enough

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congrats man

unreal quest Jan 28, 2021, 6:21 PM

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No I’m in school

unique steppe Jan 28, 2021, 6:21 PM

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thats generational wealth

celest rain Jan 28, 2021, 6:22 PM

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can you buy robinhood and shut them down thanks

unreal quest Jan 28, 2021, 6:22 PM

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That I can’t do

unique steppe Jan 28, 2021, 6:22 PM

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160m like wtf

median yarrow Jan 28, 2021, 6:22 PM

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unique steppe thats generational wealth

damn cant relate sadge

unique steppe Jan 28, 2021, 6:22 PM

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ahlie im poor as fuck

unreal quest Jan 28, 2021, 6:22 PM

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I’m not gonna affiliate with robinhood

crude birch Jan 28, 2021, 6:22 PM

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what the fuck

unreal quest Jan 28, 2021, 6:22 PM

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I do not want my name associated with them at all

unique steppe Jan 28, 2021, 6:22 PM

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if you dont mind me asking

unreal quest Jan 28, 2021, 6:23 PM

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Robinhood fucked over so many innocent people

unique steppe Jan 28, 2021, 6:23 PM

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how did you have 200k to just use

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like what if it flopped

unreal quest Jan 28, 2021, 6:23 PM

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unique steppe how did you have 200k to just use

Parents had an abandoned Schwab account

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They said I could just keep it

unique steppe Jan 28, 2021, 6:23 PM

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what is that

unreal quest Jan 28, 2021, 6:23 PM

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Since they were transitioning to Goldman Sachs

unique steppe Jan 28, 2021, 6:23 PM

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like a bank?

median cradle Jan 28, 2021, 6:23 PM

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Charles Schwab

unreal quest Jan 28, 2021, 6:23 PM

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Yeah

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Charles Schwab

celest rain Jan 28, 2021, 6:23 PM

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where's my parents' abandoned account with 200k shocked_pikachu

unique steppe Jan 28, 2021, 6:23 PM

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never heard of that lmao

unreal quest Jan 28, 2021, 6:24 PM

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Thing is. Even after the gains, my parents are still significantly wealthier than I am

crude birch Jan 28, 2021, 6:24 PM

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im so poor

unique steppe Jan 28, 2021, 6:24 PM

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jesus

median yarrow Jan 28, 2021, 6:24 PM

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unreal quest Thing is. Even after the gains, my parents are still significantly wealthier tha...

ayo?

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😐

unique steppe Jan 28, 2021, 6:24 PM

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feeling like an absolute peasant rn ngl

unreal quest Jan 28, 2021, 6:24 PM

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Don’t

celest rain Jan 28, 2021, 6:24 PM

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don't you go to USC too lol

unreal quest Jan 28, 2021, 6:24 PM

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You’re much smarter than me

unreal quest Jan 28, 2021, 6:25 PM

#

celest rain don't you go to USC too lol

Recently accepted as a transfer

median cradle Jan 28, 2021, 6:25 PM

#

Lol regardless you are probably middle/upper class and will do well in a high paying career

unreal quest Jan 28, 2021, 6:25 PM

#

You guys will do great

median cradle Jan 28, 2021, 6:25 PM

#

Can't fomo about stuff like this

unique steppe Jan 28, 2021, 6:25 PM

#

fair enough

#

u right poprocks

unreal quest Jan 28, 2021, 6:25 PM

#

median cradle Can't fomo about stuff like this

?

#

The fomo train is what convinced me to do this

#

Dfv and some other guy

#

I thought it was worth the risk

median cradle Jan 28, 2021, 6:26 PM

#

Yeah but if 200k was my whole net worth and I lost it, I would be fucked

#

I still put a substantial amount into shares but it's hard to lose that much

#

And what I mean by that is you can't chase the next thing acting like it'll be the same

unreal quest Jan 28, 2021, 6:27 PM

#

Yeah that’s where I feel the guilt

#

That I’m in a situation that allowed me to do this

unique steppe Jan 28, 2021, 6:27 PM

#

ngl wsb really made ag eneration of gambling addicts

unreal quest Jan 28, 2021, 6:27 PM

#

It’s not gambling to me

#

That’s what boomers call it

unique steppe Jan 28, 2021, 6:28 PM

#

enlighten me

unreal quest Jan 28, 2021, 6:28 PM

#

My parents told me initially that it would be a good lesson when the 200k went to 0

#

Boomers aren’t convinced of this

#

That gme was a good investment

unique steppe Jan 28, 2021, 6:28 PM

#

unreal quest It’s not gambling to me

also i didnt mean specifically to you, i meant in general people that dont know what theyre doing (like me) might be inclined to throw a ton of money they can into smth

#

hence gambling

unreal quest Jan 28, 2021, 6:29 PM

#

Honestly it was dfv who got us into it

median cradle Jan 28, 2021, 6:29 PM

#

GME is a once in a decade thing

unreal quest Jan 28, 2021, 6:29 PM

#

He legit risked his life savings

#

Of 50k

#

And made 50m

#

That’s a real Chad move

unique steppe Jan 28, 2021, 6:29 PM

#

is there any ss

celest rain Jan 28, 2021, 6:29 PM

#

dfv's move wasn't as yolo-y tho right?

#

i felt like he had this thought out

unreal quest Jan 28, 2021, 6:29 PM

#

His username is deepfuckingvalue

celest rain Jan 28, 2021, 6:29 PM

#

long long ago

unreal quest Jan 28, 2021, 6:29 PM

#

He risked everything

median cradle Jan 28, 2021, 6:29 PM

#

Nah he bought a lot of calls too

unreal quest Jan 28, 2021, 6:30 PM

#

Everyone was calling him an idiot back then

#

In 2019

#

He was right

#

He saw something that no one else saw

#

Y

#

40% of Americans have 200k

#

Would they risk it?

#

Idk

median cradle Jan 28, 2021, 6:31 PM

#

If I had it I might risk 100

tulip turret Jan 28, 2021, 6:31 PM

#

bruh

#

https://abcnews.go.com/US/10-americans-struggle-cover-400-emergency-expense-federal/story?id=63253846

ABC News

40% of Americans don’t have $400 in the bank for emergency expenses...

Almost 40% of American adults wouldn’t be able to cover an $400 emergency with cash, savings or a credit-card charge that they could quickly pay it off, a Federal Reserve

#

"40% of Americans have 200k"

median cradle Jan 28, 2021, 6:32 PM

#

I still don't know if I would do that much calls or just shares tho

#

Yeah prob an overestimate

unique steppe Jan 28, 2021, 6:32 PM

#

unreal quest 40% of Americans have 200k

not sure if trolling

unreal quest Jan 28, 2021, 6:33 PM

#

📎 image0.png

#

This yes 59.5

#

Percentile

unique steppe Jan 28, 2021, 6:33 PM

#

net worth dude

unreal quest Jan 28, 2021, 6:33 PM

#

So 40%

#

Net worth

#

Not income

unique steppe Jan 28, 2021, 6:33 PM

#

if you sold everything you had to your name

elder cypress Jan 28, 2021, 6:33 PM

#

net worth != expendable cash lol

unique steppe Jan 28, 2021, 6:33 PM

#

???

#

still not sure if trolling

median cradle Jan 28, 2021, 6:33 PM

#

A lot of people that's their house

unique steppe Jan 28, 2021, 6:33 PM

#

bro just risk it just become homeless bro

elder cypress Jan 28, 2021, 6:34 PM

#

take out a loan for gme calls

unreal quest Jan 28, 2021, 6:34 PM

#

Okay. Let me see without the count equity option

#

📎 image0.png

#

28%

unique steppe Jan 28, 2021, 6:34 PM

#

lemme run a quick 1 2 mortgage to get some gme

median cradle Jan 28, 2021, 6:34 PM

#

Ok that's more realistic

unreal quest Jan 28, 2021, 6:34 PM

#

Have 200k excluding house

#

1m excluding house is 10%

#

At that level it might be doable

unique steppe Jan 28, 2021, 6:35 PM

#

ur right

unreal quest Jan 28, 2021, 6:35 PM

#

I’d say risk 10-20%

#

At most

crude birch Jan 28, 2021, 6:35 PM

#

ahhhhh

unreal quest Jan 28, 2021, 6:35 PM

#

Make sure to keep at least 80% secure

#

And then use the rest for riskier positions

visual raptorBOT Jan 28, 2021, 6:36 PM

#

Everyone say hello to @heavy plume!

unreal quest Jan 28, 2021, 6:38 PM

#

I’m gonna probably try to write an article on this: investment advice

#

Finding out what the optimal risk tolerance is

#

And whether wsb is a good place to follow

#

I barely even knew what it was 2 weeks ago

#

Has anyone been following it for a long time?

#

Before the pandemic?

#

Have they always been this right?

bold hearth Jan 28, 2021, 6:39 PM

#

No

unreal quest Jan 28, 2021, 6:39 PM

#

What was it like before the pandemic?

#

I know for the past 9 months they’ve been right

#

We’re they losing money?

#

Net loss

lethal harness Jan 28, 2021, 6:40 PM

#

JNUG and NUGT is all i remember for wsb pre pandemic

unreal quest Jan 28, 2021, 6:40 PM

#

In the past few weeks we’ve seen 10, 100, even 1000 times returns

#

Would you say this is typical

#

On wsb

bold hearth Jan 28, 2021, 6:40 PM

#

No

#

Ppl lose a lot and gain a lot

unreal quest Jan 28, 2021, 6:40 PM

#

What does it usually look like

unreal quest Jan 28, 2021, 6:40 PM

#

bold hearth Ppl lose a lot and gain a lot

So it balances out

tulip turret Jan 28, 2021, 6:41 PM

#

ppl post their biggest losses

#

for karma

#

usually

#

GUH

junior tapir Jan 28, 2021, 6:41 PM

#

wait who tf made 160mil

unreal quest Jan 28, 2021, 6:41 PM

#

Karma

#

Tesla has been on the rise for a year

lilac thunder Jan 28, 2021, 6:43 PM

#

Fuck I should've went all in

unreal quest Jan 28, 2021, 6:43 PM

#

Although there is real value there

visual raptorBOT Jan 28, 2021, 6:43 PM

#

Everyone say hello to @crystal quarry!

unreal quest Jan 28, 2021, 6:43 PM

#

I feel like meme stocks will become much more prevalent

#

Every time there’s a short they’ll just pump up the stock price

tulip turret Jan 28, 2021, 6:44 PM

#

someones gonna be left holding the bag tho

unreal quest Jan 28, 2021, 6:45 PM

#

Hmm.

dense osprey Jan 28, 2021, 6:45 PM

#

literally can't short a stock because retail investors will jump on your ass

#

once again proving

median yarrow Jan 28, 2021, 6:45 PM

#

unreal quest I feel like meme stocks will become much more prevalent

fs

unreal quest Jan 28, 2021, 6:45 PM

#

Gme slowly rebounding

dense osprey Jan 28, 2021, 6:45 PM

#

stocks only go up

unreal quest Jan 28, 2021, 6:45 PM

#

dense osprey literally can't short a stock because retail investors will jump on your ass

Unless some restrictions are put in place

#

But it will piss off 90% of the population

#

Dm

#

The Sec can’t put in place those types of restrictions

#

Since so many ppl will be opposed

#

Do u guys think the Sec will step in?

median yarrow Jan 28, 2021, 6:49 PM

#

do you ya'll think that people will use bitcoin more now bc of what happened

unreal quest Jan 28, 2021, 6:50 PM

#

median yarrow do you ya'll think that people will use bitcoin more now bc of what happened

Bitcoin as a stock?

#

Or bitcoin as an actual currency

median yarrow Jan 28, 2021, 6:50 PM

#

both

unreal quest Jan 28, 2021, 6:50 PM

#

Not just bitcoin

median yarrow Jan 28, 2021, 6:50 PM

#

i mean people dont use bitcoin as a currency rn

unreal quest Jan 28, 2021, 6:50 PM

#

Other crypto’s too

#

There will need to be widespread adoption

#

Probably no more than a few thousand ppl actually use bitcoin

#

As a currency

#

Dogecoin has potbeial

#

And it’s still very low

#

Nice time to buy in

#

It’s gonna be much harder for bitcoin to go up

#

Gme price is kinda flat

#

At $260

#

*$240

#

Flat but declining

#

Do u think there will be a major movement soon?

#

There’s absolutely no way it can stay at $260

visual raptorBOT Jan 28, 2021, 6:53 PM

#

Have no fear, @mental quiver is here!

unreal quest Jan 28, 2021, 6:53 PM

#

Is this still a result of the robinhood thing

median yarrow Jan 28, 2021, 6:55 PM

#

probably

#

i think the situation got even bigger bc of robinhoods restriction

elder cypress Jan 28, 2021, 6:56 PM

#

imagine being the guy interning at rh and citadel, now you have two companies everyone hates on your resume lol

unreal quest Jan 28, 2021, 6:56 PM

#

I feel like robinhood is dead

median yarrow Jan 28, 2021, 6:56 PM

#

na ppl will fs ask how was the company when it happened

unreal quest Jan 28, 2021, 6:57 PM

#

They aren’t recovering from this

elder cypress Jan 28, 2021, 6:57 PM

#

idk if I would say that

#

but I bet a lot of people are going to delete their accounts

#

I def will

unreal quest Jan 28, 2021, 6:58 PM

#

90% probably

#

Plus the lawsuit

#

They’re gonna lose the lawsuit

#

Most likely

#

And somehow be forced to compensate everyone that lost to this

visual raptorBOT Jan 28, 2021, 7:06 PM

#

Have no fear, @jovial heron is here!

celest rain Jan 28, 2021, 7:12 PM

#

So is it actually RH/other platform’s fault or is it Apex Holdings? They’re the clearing firm that these brokers use that decided to halt buys right

elder cypress Jan 28, 2021, 7:13 PM

#

citadel does executions for rh and they bailed out melvin, v likely they had a hand in this

celest rain Jan 28, 2021, 7:14 PM

#

https://reddit.com/r/ClassActionRobinHood/comments/l723kf/robinhood_insider_information/

r/ClassActionRobinHood - Robinhood Insider Information

1,482 votes and 319 comments so far on Reddit

#

Possibly fake news but 🤔

elder cypress Jan 28, 2021, 7:16 PM

#

hmm even if this is the truth I bet rh execs would try to keep employees in the dark as best they could to prevent leaks like this

lethal harness Jan 28, 2021, 7:19 PM

#

https://twitter.com/AOC/status/1354868780648845312?s=20

Alexandria Ocasio-Cortez (@AOC)

I’ll be hopping on Twitch at 8:30pm tonight to discuss today’s developments with GameStop and retail trading. 👾 Might have a guest or two join - we’ll see.

See you there!

Retweets

2725

Likes

23436

#

LETSFUCKINGGOOOOOOO

elder cypress Jan 28, 2021, 7:20 PM

#

lets goooooooooo

median yarrow Jan 28, 2021, 7:20 PM

#

what happens if people hold until friday

elder cypress Jan 28, 2021, 7:20 PM

#

would be amazing if she gets shapiro on too lol

median cradle Jan 28, 2021, 7:20 PM

#

Top 10 anime crossovers

visual raptorBOT Jan 28, 2021, 7:21 PM

#

@coarse torrent has just slid into the community.

lethal harness Jan 28, 2021, 7:22 PM

#

https://twitter.com/robkroese/status/1354459314451341317?s=20

Robert Kroese (@robkroese)

The SEC about to ban outsider trading

Retweets

21795

Likes

189183

#

i fuckin cant LMAO

sonic coral Jan 28, 2021, 7:26 PM

#

celest rain So is it actually RH/other platform’s fault or is it Apex Holdings? They’re the ...

rh is a clearing broker too

celest rain Jan 28, 2021, 7:32 PM

#

O ok nvm

visual raptorBOT Jan 28, 2021, 7:49 PM

#

Have no fear, @hexed rose is here!

hollow ridge Jan 28, 2021, 7:55 PM

#

pog

dense osprey Jan 28, 2021, 7:58 PM

#

https://www.reddit.com/r/hiphopheads/comments/l75qax/send_me_your_cash_app_link_ima_send_you_some/

r/hiphopheads - SEND ME YOUR CASH APP LINK IMA SEND YOU SOME MONEY ...

0 votes and 64 comments so far on Reddit

exotic crypt Jan 28, 2021, 8:05 PM

#

dense osprey https://www.reddit.com/r/hiphopheads/comments/l75qax/send_me_your_cash_app_link_...

@solemn sparrow

median yarrow Jan 28, 2021, 8:22 PM

#

wtf

#

blind is torching the shit out of robinhood

#

https://www.teamblind.com/post/Employees-at-RobinHood-Are-you-proud-today-GhPBzh4z

Blind

Employees at RobinHood: Are you proud today?

RobinHood monetizes by selling transactional data to Citadel and Citadel is desperately trying to bail out Melvin because of their 120% short position in GME getting wrecked by /r/wallstreetbets.It appears that RH shut down BUYing GME (and other) sto...

visual raptorBOT Jan 28, 2021, 8:23 PM

#

Have no fear, @dusk crescent is here!

solid elm Jan 28, 2021, 8:34 PM

#

Robbing Hood

lethal harness Jan 28, 2021, 8:34 PM

#

https://twitter.com/RobinhoodApp/status/712708069369782272?s=20

Robinhood (@RobinhoodApp)

Let the people trade.

Retweets

16060

Likes

21570

#

WeirdChamp

solid elm Jan 28, 2021, 8:35 PM

#

I already wtihdrawn all my gains and im switching brokerage

median yarrow Jan 28, 2021, 8:43 PM

#

https://twitter.com/susanoftexas/status/1354234762769166338?s=21

Susan of Texas (@SusanofTexas)

Wall Streeters looking down on Occupy Wall St. protesters, 2008.

Retweets

43642

Likes

192722

visual raptorBOT Jan 28, 2021, 8:55 PM

#

Wow, @crystal quarry just joined! Who brought the cake?!

#

@quasi heart has just slid into the community.

median cradle Jan 28, 2021, 9:13 PM

#

DFV IS STILL IN

#

disgusting

median yarrow Jan 28, 2021, 9:14 PM

#

the pictures are pretty self-explanatory

#

these mfs are so gross

median cradle Jan 28, 2021, 9:15 PM

#

it's so hilarious to me how old money people have big egos

#

I feel incredibly lucky to be where I'm at and I'm middle class

median yarrow Jan 28, 2021, 9:15 PM

#

what worse is that you realize that they didnt care about people finding out about them trying to close off gme

median cradle Jan 28, 2021, 9:16 PM

#

they think they can get away with anything

#

they have in the past tbh

#

lol never they think they are way harder working than everyone else and deserve it because they are superior

#

even though everything is heavily rigged in their favor

elder cypress Jan 28, 2021, 9:18 PM

#

these people think they deserve their riches and the poor dont bc they were born with privilege

median yarrow Jan 28, 2021, 9:18 PM

#

i think it made more people aware of it

elder cypress Jan 28, 2021, 9:19 PM

#

literally think they're some elite breed

lilac thunder Jan 28, 2021, 9:19 PM

#

Yea their true colors are being revealed

#

Even the White house may be involved in pressuring Robinhood

#

Crazy shit

#

Yea its speculation

#

But I wouldnt be surprised if its true

#

All these elites want to fuck us over

round holly Jan 28, 2021, 9:21 PM

#

Tomorrow is the day of reckoning

lilac thunder Jan 28, 2021, 9:21 PM

#

You can still buy on fidelity and Etrade

#

Delete RH and move to fidelity

median cradle Jan 28, 2021, 9:22 PM

#

Kelly Loeffler

#

Is proof that the wealthy play by different rules

winged elk Jan 28, 2021, 9:27 PM

#

any international student here open a webull account?

median yarrow Jan 28, 2021, 9:28 PM

#

these mf are so gross

#

every interview i've seen makes me so mad

visual raptorBOT Jan 28, 2021, 9:30 PM

#

Everyone say hello to @crystal quarry!

median yarrow Jan 28, 2021, 9:37 PM

#

HAHAAHA

round holly Jan 28, 2021, 9:37 PM

#

📎 image0.png

wanton condor Jan 28, 2021, 9:37 PM

#

they give no fucks lmao

median yarrow Jan 28, 2021, 9:37 PM

#

bro poor rh

round holly Jan 28, 2021, 9:37 PM

#

Lets gooo

median yarrow Jan 28, 2021, 9:37 PM

#

its actually fuck citadel

#

not rh

round holly Jan 28, 2021, 9:37 PM

#

Buy rn before they ban again

median yarrow Jan 28, 2021, 9:37 PM

#

i mean rh is kinda owned by them no

vivid shard Jan 28, 2021, 9:41 PM

#

I liked robinhoods pretty graphs before but that’s such a dumb reason to stay

#

As soon as Fidelity’s servers start working again for me I’ll join them

unreal quest Jan 28, 2021, 9:42 PM

#

What’s gonna happen with robinhood?

#

No way they’re getting out of this

#

The entire world hates them now

elder cypress Jan 28, 2021, 9:43 PM

#

well assuming history repeats itself, they'll probably get a slap on the wrist and recover with most people forgetting

unreal quest Jan 28, 2021, 9:44 PM

#

They’ll most certainly lose the lawsuit right?

#

What they did is an obvious violation

#

This is nothing but a crime

#

Do u think the government will side with citadel and robinhood?

unreal quest Jan 28, 2021, 9:48 PM

#

round holly

This literally does nothing

#

“Limited”

#

That’s still market manipulation

#

They’re adding insult to the injury

round holly Jan 28, 2021, 9:48 PM

#

I mean it will drive the price up at least

unreal quest Jan 28, 2021, 9:49 PM

#

I guess

visual raptorBOT Jan 28, 2021, 9:49 PM

#

Everyone say hello to @proper remnant!

unreal quest Jan 28, 2021, 9:49 PM

#

But this is still a very valid reason for a lawsuit

#

Then manipulating the market in any way is highly illegal

#

The fact that the lawsuit was filed this fast says something

round holly Jan 28, 2021, 9:53 PM

#

ya

severe mural Jan 28, 2021, 10:02 PM

#

Wys about $NOK

visual raptorBOT Jan 28, 2021, 10:08 PM

#

Wow, @rough sluice just joined! Who brought the cake?!

hollow ridge Jan 28, 2021, 10:10 PM

#

unreal quest But this is still a very valid reason for a lawsuit

yeah looking forward to my $0.03 from that lawsuit

round holly Jan 28, 2021, 10:10 PM

#

hollow ridge yeah looking forward to my $0.03 from that lawsuit

Funny but probably true

hollow ridge Jan 28, 2021, 10:11 PM

#

yeah that's what's gonna happen if at all

#

like how are they supposed to assess the amount of damages

unreal quest Jan 28, 2021, 10:16 PM

#

U mean deposit?

unreal quest Jan 28, 2021, 10:16 PM

#

hollow ridge yeah looking forward to my $0.03 from that lawsuit

Well, let’s just assume the average losses are $1000 (pure guess)

#

And that 1 million people lost money

#

Then they’d need to settle for 1 billion

hollow ridge Jan 28, 2021, 10:17 PM

#

no but that's the problem it's an assumption

#

it's really hard to quantify this stuff

#

how are we gonna quantify speculation

exotic crypt Jan 28, 2021, 10:20 PM

#

look at how much people get in class action lawsuits

#

its not much

#

this isn't the first time

unreal quest Jan 28, 2021, 10:21 PM

#

It will take a while to come to a settlement

#

@exotic crypt for some cancer lawsuits it’s a lot

exotic crypt Jan 28, 2021, 10:21 PM

#

the only major one was vw and they just ended up buying their cars back at the value given

unreal quest Jan 28, 2021, 10:22 PM

#

For mesothelioma the average award is 1.4 million

#

Paid to the victims family

exotic crypt Jan 28, 2021, 10:22 PM

#

those aren't class action

unreal quest Jan 28, 2021, 10:22 PM

#

Asbestos is im pretty sure

exotic crypt Jan 28, 2021, 10:22 PM

#

google: "Mesothelioma cases are typically not filed as class actions. Class-action lawyers represent the entire group of claimants, members have less control over their case and compensation is divided between all claimants. A lawsuit provides better compensation because the mesothelioma lawyer focuses on only one claimant."

unreal quest Jan 28, 2021, 10:23 PM

#

The average settlement is around $50 million more

#

Okay

#

My abs then

exotic crypt Jan 28, 2021, 10:23 PM

#

individual suits bring that

unreal quest Jan 28, 2021, 10:23 PM

#

My bad

#

Class action lawsuits average 50 million

#

Some settlements are only worth a few hundred bucks

#

Per person

#

Sometimes it’s like $2

#

Oof dfv is down quite a bit

#

He’s still holding

#

I didn’t have the balls to do what he did

#

I just sold

dense osprey Jan 28, 2021, 10:28 PM

#

the people on /r/stocks are literally the dumbest people i've ever encountered

#

holy shit

#

this subreddit makes my brain melt

unreal quest Jan 28, 2021, 10:29 PM

#

dense osprey the people on /r/stocks are literally the dumbest people i've ever encountered

Explain

#

@dense osprey what have u seen on there?

dense osprey Jan 28, 2021, 10:30 PM

#

https://www.reddit.com/r/stocks/comments/km3zkr/if_you_had_3k_to_invest_in_your_first_stocks_what/ghdo3ao/

r/stocks - Comment by u/lillyreidceramics on ”If you had 3k to inve...

1,223 votes and 955 comments so far on Reddit

#

this particular comment

visual raptorBOT Jan 28, 2021, 10:31 PM

#

Wow, @dusty cloud just joined! Who brought the cake?!

dense osprey Jan 28, 2021, 10:31 PM

#

and the follow up they posted below

#

mf invested into tech stocks

#

12% return when s&p return 20%

#

and said

#

"damn good stable return"

unreal quest Jan 28, 2021, 10:34 PM

#

📎 image0.png

#

We need a new platform

#

Yeah

#

It’s definitely not the Sec

#

Sec isn’t gonna touch this

#

Guys should we create a new platform?

#

An open source one

#

Think it could be done

#

That won’t rely on citadel

#

https://robinhoodgamestopclassaction.com/

Richard C. Dalton, LLC

Robinhood Securities, LLC Class Action

Robinhood Securities, LLC
Class Action

#

Hmm

#

How are the winklevoss twins doing it three

#

What does fidelity do?

#

So does that imply limited supply(

#

If it’s lal in house

#

And expecting ppl to lose?

#

Guys I’d be down

#

If it takes a year

#

Fine

#

Absolutely

#

We’ll figure out a way to do this

#

Yeah

#

Fidelity is kinda boomer

#

How much do u think this would cost?

#

To do

#

Yeah

#

I have some ppl

#

Who would invest

#

How much cash do u think we’d need?

#

Just to get started

#

To appropriately handle order flow

#

At least $1B?

#

What’s T?

#

What would be the minimum amount to get it off the ground

#

Initially

#

Before raising money from external investors

#

Just to build a proof of concept

#

That works

#

But if we needed cash to process order flow could probably get a bank loan

#

Mvp, wed probably build ourselves

#

UI wouldn’t be that intensive

#

We’d need to find a partner

#

There are smaller market makers

#

Find one with a very clean history

#

Who we can trust

#

I could probably find a few in my contacts

#

There are a lot of market makers out there

#

Similar to robinhood but open source. It wouldn’t be extremely difficult

#

Something we could figure out

#

The hard part would be facilitating orders

#

We could by chance partner with fidelity

#

Are they a market maker?

#

I could hire a few engineers

#

To help us out

#

I could put up a small amount initially

#

And also bring on board a few angels

#

Given the idea and our track records, we could get some angel funding

#

Enough to hire 2 or 3 people

#

For a year

#

Before raising a real institutional round

#

Could probably find good engineers for $150k a year

#

Hire 3

dense osprey Jan 28, 2021, 10:56 PM

#

god i would love to be a fund manager

unreal quest Jan 28, 2021, 10:56 PM

#

Then that’s probably $500k

#

To hire the first engineers

#

And take care of admin stuff

#

That would be feasible

#

Yeah I’m gonna look into ways to do this

#

Will bring u two on board

#

It’s not a bad idea

dense osprey Jan 28, 2021, 10:57 PM

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its so hard to find good stocks to buy

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the last time i found something was bed bath and beyond

unreal quest Jan 28, 2021, 10:57 PM

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I think some institutional investors might actually take it seriously

unreal quest Jan 28, 2021, 10:57 PM

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dense osprey its so hard to find good stocks to buy

Take a data driven approach

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Web scraping data

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Would just need to pay for the computational space

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It’s something I’m looking into

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Using sentiment analysis

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In terms of the open source app, I will call up a few people

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Who can serve as advisors

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We’d need more computational power

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Is that enough to predict wsb trends?

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We’d backrest this in years of historical data

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Yeah I we’ll see how much correlation there is

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I’ll put up the initial capital

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And call some angel investors as well

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@hexed rose @fleet cypress I’m gonna make a few calls and then bring u guys on board

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And we’ll figure this out

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I’m gonna find a few ppl who can serve as advisors

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And see how much initial capital I can get us

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Will put up some personally

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But what other investors to have skin in the game as well

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I’ll personally put up 10% of the round

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UI/UX will be free to design (well just use Figma)

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And then we’ll build a very basic mvp on our own

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And then see what we need engineers for

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Yeah

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📎 image0.png

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They have a free plan

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Basic plan

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I’ve never paid for Figma

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Yeah

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If we need the paid version, I’ll just pay for it

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Not a problem at all

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It’s like $15 a month anyways

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Unlimited collaborators

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U guys heard of alpaca?

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They’re doing something kinda similar

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But it’s an api

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I will try to get them on the phone

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And see if there are opportunities for collaboration

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📎 image0.png

vivid shard Jan 28, 2021, 11:06 PM

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I wanna make a bot

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is it really

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sounds fun tho

unreal quest Jan 28, 2021, 11:07 PM

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Would u say ur more technical?

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Or business

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If we need developers I can find good ones overnight

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As long as ur willing to learn it’s fine

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We’re already way ahead of so many of these traders

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Our goal here is to democratize finance

dense osprey Jan 28, 2021, 11:08 PM

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unreal quest If we need developers I can find good ones overnight

suh dude

unreal quest Jan 28, 2021, 11:08 PM

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And create a platform where nobody gets screwed over

unreal quest Jan 28, 2021, 11:09 PM

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dense osprey suh dude

Meaning?

dense osprey Jan 28, 2021, 11:09 PM

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im volunteering myself

unreal quest Jan 28, 2021, 11:09 PM

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Great!

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Happy to have you on board

vivid shard Jan 28, 2021, 11:09 PM

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I volunteer

unreal quest Jan 28, 2021, 11:09 PM

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It will be a few years before we make any money from this, but I see the potential

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Awesome!

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Will get a group chat up and running soon

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I could just create a new channel in this server to discuss high level ideas

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So anyone here can share ideas

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Input from others who will likely be users is very important

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I’m gonna make a few calls next week to see how I can facilitate order flow

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Will contact a few market makers

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I would need one who I can trust from an ethical standpoint

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I would go a mile near citadel

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Hmm it seems alpaca works with ntc

vivid shard Jan 28, 2021, 11:13 PM

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robinhood makes it's money from selling market data to hedge funds

unreal quest Jan 28, 2021, 11:13 PM

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As their clearing broker

vivid shard Jan 28, 2021, 11:13 PM

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what other viable alternatives are there

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realistically

unreal quest Jan 28, 2021, 11:13 PM

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vivid shard robinhood makes it's money from selling market data to hedge funds

And order flow

vivid shard Jan 28, 2021, 11:13 PM

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Yeah

unreal quest Jan 28, 2021, 11:13 PM

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We could find an ethical clearing broker

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There’s tons out there

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That would jump on an opportunity like this

vivid shard Jan 28, 2021, 11:14 PM

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so make money by providing a way for brokers to reach consumers more directly?

unreal quest Jan 28, 2021, 11:15 PM

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vivid shard so make money by providing a way for brokers to reach consumers more directly?

Yeah

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It could also help out smaller brokers as well

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Make the platform more accessible to them

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Any broker can plug in

vivid shard Jan 28, 2021, 11:16 PM

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I see

unreal quest Jan 28, 2021, 11:16 PM

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So we’re making order flow easier to find

vivid shard Jan 28, 2021, 11:16 PM

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It sounds like a democratized exchange lmao

unreal quest Jan 28, 2021, 11:17 PM

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Yeah

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That’s kinda the plan

vivid shard Jan 28, 2021, 11:17 PM

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ngl that would be super cool

unreal quest Jan 28, 2021, 11:17 PM

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That will ensure no one gets fucked over

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Like no can can trust robinhood anymore

vivid shard Jan 28, 2021, 11:18 PM

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Yeah it would

unreal quest Jan 28, 2021, 11:18 PM

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I’m gonna make a few calls next week

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And find some partners to get on board

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Then we’ll all start building it

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Great to see we all share the same vision

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After what happened today something new is needed

vivid shard Jan 28, 2021, 11:19 PM

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holy shit flash boys 2.0

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have you guys read flash boys

unreal quest Jan 28, 2021, 11:19 PM

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Yeah

vivid shard Jan 28, 2021, 11:20 PM

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basically they designed an exchange that was slowed down to ensure fair trades so you couldn't be front run by HFT

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i think its called IEX

unreal quest Jan 28, 2021, 11:21 PM

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Yeah

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We’d be building that but with a better UI

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Like robinhood

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Yeah

vivid shard Jan 28, 2021, 11:21 PM

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You can't do that

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i think

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Im pretty sure you're obligated to find the best price

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but if instead of connecting to exchanges you connect to brokers who deal with that

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and have the brokers bid on their side

unreal quest Jan 28, 2021, 11:22 PM

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Yeah. That’s why it would take initial capital to start out, but once we start obtaining volume, it won’t be a problem

unreal quest Jan 28, 2021, 11:23 PM

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vivid shard and have the brokers bid on their side

That could work down the line

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Yeah

vivid shard Jan 28, 2021, 11:24 PM

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exchanges are typically
banks-> exchange <- banks
but ours would be

users->us->broker auction->exchange

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something like that

unreal quest Jan 28, 2021, 11:24 PM

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Yeah.

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That could work

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And this increase the number of brokers

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In essence

vivid shard Jan 28, 2021, 11:25 PM

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and i assume the way other apps work is
users->broker->designated MM->exchange

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it would be really cool to build a matching engine like that

unreal quest Jan 28, 2021, 11:26 PM

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Yeah that’s basically how it would work

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And our advantage will be the UI

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And the ease of use

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Plus maybe increasing accessibility to brokers

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Cuz no one really knows what iex is

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They came before robinhood

median yarrow Jan 28, 2021, 11:27 PM

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they are so gross

unreal quest Jan 28, 2021, 11:27 PM

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Robinhood marketed themselves better

vivid shard Jan 28, 2021, 11:27 PM

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IEX is an institutional exchange like NYSE

unreal quest Jan 28, 2021, 11:28 PM

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Yeah

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We could partner with them

vivid shard Jan 28, 2021, 11:28 PM

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was?

unreal quest Jan 28, 2021, 11:29 PM

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Oh

vivid shard Jan 28, 2021, 11:29 PM

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https://iextrading.com/stats/

Stats | IEX

IEX, the Investors Exchange, is a fair, simple and transparent stock exchange dedicated to investor and issuer protection.

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?

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tbh idk

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but they still are an exchange

unreal quest Jan 28, 2021, 11:37 PM

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Lemme do some research this weekend. Will get back to u soon

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And we’ll start cranking out the mvp

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https://www.reddit.com/r/wallstreetbets/comments/l77imc/interactive_brokers_chairman_on_cnbc_just_now/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

r/wallstreetbets - Interactive Brokers chairman on CNBC just now, a...

29,906 votes and 2,122 comments so far on Reddit

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This guy is a fucking scumbag

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Such a joke

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Who is he to determine its fair value

vivid shard Jan 28, 2021, 11:40 PM

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you should make a gc or something

lost sorrel Jan 28, 2021, 11:40 PM

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https://twitter.com/JoeDaActivist/status/1354840677952217094?s=19 @hexed rose

🍦 (@JoeDaActivist)

Me yesterday me today

Retweets

8379

Likes

59965

exotic crypt Jan 28, 2021, 11:41 PM

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looks the same

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dogecoin to the moon

median cradle Jan 28, 2021, 11:54 PM

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341 👀

unreal quest Jan 28, 2021, 11:55 PM

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vivid shard you should make a gc or something

Yeah I will soon

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Yeah it’s rebounding

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But why is the price so flat right now?

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📎 image0.png

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Ummmm

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I have a lot of respect for Jason

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Might have just lost it

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This is ridiculous

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He’s too rich to be fucked by them

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I stand with the little guys

sonic coral Jan 29, 2021, 12:00 AM

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or an investor trying to save his investment lol

unreal quest Jan 29, 2021, 12:00 AM

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This guy is a complete asshole

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Tho

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He’s made some very elitist comments

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Yeah

visual raptorBOT Jan 29, 2021, 12:19 AM

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Wow, @quasi heart just joined! Who brought the cake?!

quasi heart Jan 29, 2021, 12:20 AM

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back with just another question - where my diamond hands at 🙂

round holly Jan 29, 2021, 12:23 AM

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🚀 🚀 🚀 🚀 🚀

quasi heart Jan 29, 2021, 12:34 AM

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damn that's not a lot of people ill check in with you guys tomorrow again

junior tapir Jan 29, 2021, 12:35 AM

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💎

hasty burrow Jan 29, 2021, 12:35 AM

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I’m holding still

dense osprey Jan 29, 2021, 12:36 AM

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im buying slv

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silvergang

hasty burrow Jan 29, 2021, 12:36 AM

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Till $100???

median cradle Jan 29, 2021, 12:37 AM

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quasi heart back with just another question - where my diamond hands at 🙂

Right here

exotic crypt Jan 29, 2021, 12:37 AM

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doge

median cradle Jan 29, 2021, 12:37 AM

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Till 0.000001 more like

hasty burrow Jan 29, 2021, 12:38 AM

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I’ll cash at out $1 if it ever hits it lmao

exotic crypt Jan 29, 2021, 12:40 AM

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it could be $1 by eoy

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if it keeps up

hasty burrow Jan 29, 2021, 12:40 AM

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That’s a definitely just a meme for me

exotic crypt Jan 29, 2021, 12:41 AM

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meme coin is the new meme stock

lost sorrel Jan 29, 2021, 12:47 AM

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I'm trying to buy dogecoin on robinhood and it's not letting me.

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These guys are having a nightmare right now.

dreamy tendon Jan 29, 2021, 12:49 AM

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all in koss

elder cypress Jan 29, 2021, 12:49 AM

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god I wish robinhood had an ipo

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id love to see them get destroyed by shorts

minor glen Jan 29, 2021, 12:50 AM

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Yeah took like 20 minutes for my doge order to fill earlier tonight

exotic crypt Jan 29, 2021, 12:51 AM

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i think they said it was gonna be under maintenance

lost sorrel Jan 29, 2021, 12:51 AM

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It just let me do it.

minor glen Jan 29, 2021, 12:52 AM

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Lol yeah they put of maintenance banner on it 🤣

median yarrow Jan 29, 2021, 12:54 AM

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o shit

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the robinhood ceo went to the news

lost sorrel Jan 29, 2021, 12:55 AM

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It's pending, I swear if I miss out because robinhood can't get it's shit together.

exotic crypt Jan 29, 2021, 12:56 AM

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one of the wsb founders was on nbc earlier, everyone on wsb is shitting on him lol

visual raptorBOT Jan 29, 2021, 12:57 AM

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@crystal quarry has entered the community.

exotic crypt Jan 29, 2021, 12:57 AM

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https://www.reddit.com/r/wallstreetbets/comments/l7b1b7/a_dark_part_wallstreetbets_history_and_why_its/

r/wallstreetbets - A dark part WallStreetBets history, and why it's...

36,782 votes and 1,756 comments so far on Reddit

visual raptorBOT Jan 29, 2021, 12:59 AM

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Have no fear, @regal wolf is here!

unreal quest Jan 29, 2021, 1:01 AM

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You know GameStop isn’t the only stock to show this type of growth

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Have you heard of a some therapeutics

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📎 image0.png

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I’m plugged into a lot of biotech stocks

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And they’re trying to cure depression

exotic crypt Jan 29, 2021, 1:03 AM

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major breakthrough, earnings, or what made it do that?

minor glen Jan 29, 2021, 1:03 AM

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When those stocks release good study results they 10x tbh

elder cypress Jan 29, 2021, 1:03 AM

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https://twitter.com/AOC/status/1354927288245231618

Alexandria Ocasio-Cortez (@AOC)

🚨 Twitch Update!

@chamath will be joining me along with TheStockGuy to offer some updates and insight. Might be more to come https://t.co/BWS7SLXJ53

Retweets

3471

Likes

35494

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👀

unreal quest Jan 29, 2021, 1:06 AM

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I’m gonna reach out to chamath for a potential colab

hasty burrow Jan 29, 2021, 1:06 AM

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ill check some therapeutics out @unreal quest

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what am I supposed to look for usually

unreal quest Jan 29, 2021, 1:07 AM

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Since what I’m trying to build heavily aligns with his mission and I’d like to bring him on as an investor

unreal quest Jan 29, 2021, 1:07 AM

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hasty burrow what am I supposed to look for usually

Okay it depends on the sector

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But generally a stellar earnings report or some breakthrough news will do this

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Like say a vaccine company for example

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That’s new and has a relatively small market cap

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No one really knows about them

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They recently iPod

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They release a report saying they cure coronavirus with 99% efficacy or whatever

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Their stock will skyrocket

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Hype train pretty much

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I look for company’s with relatively small market caps

hasty burrow Jan 29, 2021, 1:09 AM

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I see

unreal quest Jan 29, 2021, 1:09 AM

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I analyze thousands of stocks using sentiment analysis

hasty burrow Jan 29, 2021, 1:09 AM

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pfizer did shoot up around fda approval

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but seems to have leveled off

unreal quest Jan 29, 2021, 1:09 AM

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And I constantly watch the news on them

unreal quest Jan 29, 2021, 1:09 AM

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hasty burrow pfizer did shoot up around fda approval

Pfizer is too big for there to be any big changes

hasty burrow Jan 29, 2021, 1:09 AM

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bro how do you have time for that and apps and school lol

unreal quest Jan 29, 2021, 1:09 AM

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And too established

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It works better with small stocks

hasty burrow Jan 29, 2021, 1:09 AM

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hmm moderna doubled

unreal quest Jan 29, 2021, 1:09 AM

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hasty burrow bro how do you have time for that and apps and school lol

And have a bunch of time to fuck around and do nothing

round holly Jan 29, 2021, 1:09 AM

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https://www.reddit.com/r/csMajors/comments/l7a7mm/faang_is_no_longer_the_ideal_place_to_work_now/

r/csMajors - FAANG is no longer the ideal place to work. Now announ...

82 votes and 4 comments so far on Reddit

unreal quest Jan 29, 2021, 1:10 AM

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I don’t have a lot of discipline

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But I have the drive

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I go all in

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I’m a serial entrepreneur

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I constantly look for stuff that’s exciting

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And throw myself in