Active market traders

[ChazWood]

Ameritrade and Charles Schwab suspended trading as well. (They are the same company and they are publicly traded) My wife's account is with Ameritrade. She did the request this morning to transfer everything to Fidelity. I never had any illusions about the whole, "Investing for the People" nonsense and I regard myself as highly cynical of our so-called free markets, but I never expected them to be so blatantly arrogant about it now that we all have a window into the system via these easy-to-use apps.

Every entity that made moves to limit peoples access to their own assets should not exist. I anticipate multiple DoS attacks on their sites and all other manner of 4chan style mischief. I am trying to figure out shorting for the sole purpose of shorting Schwab and I hope every single Redditor, and every troll on earth does too. Seriously, Fuck Charles Schwab.

shit like this triggers revolutions.

w3rd, but revolution will not be tolerated.

and thanks for learning me how to fucking swear here.

[eomrat]

w3rd, but revolution will not be tolerated.

and thanks for learning me how to fucking swear here.

“Those who make peaceful revolution impossible will make violent revolution inevitable."

JFK

[Mark1T]

Interesting notice from the SEC. There is more and I will post when I can.

https://www.sec.gov/news/public-stat...ce=govdelivery

[eomrat]

Interesting notice from the SEC. There is more and I will post when I can.

https://www.sec.gov/news/public-stat...ce=govdelivery

From the article,

"As always, the Commission will work to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation"

Just, lol

[ChazWood]

“Those who make peaceful revolution impossible will make violent revolution inevitable."

JFK

Great quote from a man who's ultimate, tragic fate helps prove my point. Forgive my digression; back OT.

[Mark1T]

From the article,

"As always, the Commission will work to protect investors, to maintain fair, orderly, and efficient markets, and to facilitate capital formation"

Just, lol

Exactly. The SEC seems to be on the hedge funds side.

Remember 2008 when financial institutions were bailed out with hundreds of billions?

[Plateauplower]

Exactly. The SEC seems to be on the hedge funds side.

Remember 2008 when financial institutions were bailed out with hundreds of billions?

The hedge fund getting creamed paid lot of money to Janet Yellen and SEC members for speaking engagements, it is no surprise who's "side" they will be on.

[Mark1T]

The hedge fund getting creamed paid lot of money to Janet Yellen and SEC members for speaking engagements, it is no surprise who's "side" they will be on.

You are correct. Too many conflicts of interests - obviously.

I never agree with Sen Warren, but se has some good points here:

Warren rips SEC amid GameStop surge, pushes for stricter Wall Street regulation

Warren said the bigger issue is the SEC's "inability and unwillingness" to address market manipulation

https://www.foxbusiness.com/economy/...gamestop-surge

GameStop Stock Surge Tests Scope of SEC’s Manipulation Rules

Wild rally fueled by day traders draws comparisons to pump-and-dump schemes

https://www.wsj.com/articles/gamesto...es-11611838175

So, who knows what the fallout will be since lines are being drawn. Money = Power.

But, I wonder if there could be some bi-partisan cooperation in Congress to figure this out amicably for retailers. The hedge funds are the ones manipulating the markets and placing their bets on driving down the perceived value of stocks. No wonder Musk hate short-sellers.

[induced_drag]

But, I wonder if there could be some bi-partisan cooperation in Congress to figure this out amicably for retailers. The hedge funds are the ones manipulating the markets and placing their bets on driving down the perceived value of stocks. No wonder Musk hate short-sellers.

When you see Ted Cruz retweet AOC saying "totally agree", you know it's something!

[_zman]

Ameritrade and Charles Schwab suspended trading as well. (They are the same company and they are publicly traded) My wife's account is with Ameritrade. She did the request this morning to transfer everything to Fidelity. I never had any illusions about the whole, "Investing for the People" nonsense and I regard myself as highly cynical of our so-called free markets, but I never expected them to be so blatantly arrogant about it now that we all have a window into the system via these easy-to-use apps.

Every entity that made moves to limit peoples access to their own assets should not exist. I anticipate multiple DoS attacks on their sites and all other manner of 4chan style mischief. I am trying to figure out shorting for the sole purpose of shorting Schwab and I hope every single Redditor, and every troll on earth does too. Seriously, Fuck Charles Schwab.

shit like this triggers revolutions.

Yeah, Charles Schwab bought TD Ameritrade a short time ago. Put a lot of people where I live out of work. If you have money in these firms, transfer it now. May as well put them out of business or hurt them financially anyway we can. And to think a short time ago I considered starting an account with them, but I'm sticking with Vanguard. The customers own Vanguard.

[NorwichGrad]

shit like this triggers revolutions.

I promised John I would avoid discussing politics here.

But truth is we are long overdue for revolution.

The tree of liberty looks a lot worse than the maple tree bonsai my freakin goat ate this summer. True story.. I wanted to cook the bastard after he chowed down on my prized bonsai.

[eomrat]

I promised John I would avoid discussing politics here.

But truth is we are long overdue for revolution.

Going to be exchanging our patrol near and far recognition signals pretty soon.

[Jtbny]

I promised John I would avoid discussing politics here.

But truth is we are long overdue for revolution.

The tree of liberty looks a lot worse than the maple tree bonsai my freakin goat ate this summer. True story.. I wanted to cook the bastard after he chowed down on my prized bonsai.

That's not politics though that's "we the people" fighting back against class warfare tactics. We aren't asking for anything the rich hedge funds don't have. We just want an even playing field w/rules that don't just benefit them and don't change mid game. If anything this was our Fort Sumter shot at WS and they are now on notice that groups are ready to get into a trading war.

Also, stay away from SLV

Last hour should be fun. GME will likely fall big to shake out what they can. Shorts muct cover. They are paying 30% APY a day lol.

[Mark1T]

If you look at the overall history of hedge funds, it is a history of bankruptcies. Most are on the edge of winning or losing, but most lose.

Screw them.

P.S. Robinhood limiting silver: Limited $SLV to 1 share

[Jtbny]

If you look at the overall history of hedge funds, it is a history of bankruptcies. Most are on the edge of winning or losing, but most lose.

Screw them.

P.S. Robinhood limiting silver: Limited $SLV to 1 share

RH limited a ton of stocks today including AMD. Fuking AMD!! Why????

https://www.cnn.com/business/live-ne...19f7bef363f150

Ihor Dusaniwsky, the managing director of predictive analytics for S3, said in a tweet that GameStop short-sellers have recorded nearly $20 billion in losses so far in 2021.

We're only getting started scum bags

[ApeXXXPredator]

RobberBaron is trash. I feel sorry for anyone who has money in there. They are hostages.

[NorwichGrad]

Going to be exchanging our patrol near and far recognition signals pretty soon.

Dang right, CSM!! Our service to the American People only dies with our last breath. I am ready to provide security overwatch as your team bounds up.

HOOAH?

HOOAH!

That's not politics though that's "we the people" fighting back against class warfare tactics. We aren't asking for anything the rich hedge funds don't have. We just want an even playing field w/rules that don't just benefit them and don't change mid game. If anything this was our Fort Sumter shot at WS and they are now on notice that groups are ready to get into a trading war.

Also, stay away from SLV

Last hour should be fun. GME will likely fall big to shake out what they can. Shorts muct cover. They are paying 30% APY a day lol.

Absolutely!

I stay away from SLV the way I stay away from the Eye Are Ess. Paper derivative SLV will show its true colors when COMEX runs out of the PHYZZ.

I understand what the redditors are doing and may they succeed. But the rest of us can also do our part. I know you are doing your part. SO keep at it! I did my part when I took BTC profit and bought the PHYZZ.

In fact, I had enough profit that I am in the process of building my next FREEDOM TOY.



Gun and Silver.jpg

[Jtbny]

RobberBaron is trash. I feel sorry for anyone who has money in there. They are hostages.

Don't. Before this it was a great app for options. Many brokers are doing what RH is doing.

[eomrat]

Many brokers are doing what RH is doing.

Fidelity didn't. They offer a massive array of products of every description, top notch research, great customer service, and an easily customizable and intuitive web interface. I strongly recommend them the way I do few other companies. I rank them right up there with USAA.


And they didn't screw their customers.

[Mark1T]

Fidelity since 1986.

[Jtbny]

Fidelity didn't. They offer a massive array of products of every description, top notch research, great customer service, and an easily customizable and intuitive web interface. I strongly recommend them the way I do few other companies. I rank them right up there with USAA.


And they didn't screw their customers.

Thanks - after this I'll have to make a switch. I need the app to be quick and easy for options. I use Think Or Swim too but prefer RH's GUI.

Agree on USAA.

[NorwichGrad]

This is why the little guys must continue to fight the good fight.

https://www.businessinsider.com/bill...ndemic-2020-12

[Jtbny]

This is why the little guys must continue to fight the good fight.

https://www.businessinsider.com/bill...ndemic-2020-12

I'm not anti-billionaire especially when its self made and they are playing with the same rule set as the rest of us. For me, this has been about those who don't play fair, yet, when the normal person has troubles they say "maybe you should have planned for a rainy day" as they get bailed out, rules changed to favor them ect.

Its dishearting to know our system is so messed up and can't/won't be fixed.

[eomrat]

Thanks - after this I'll have to make a switch. I need the app to be quick and easy for options. I use Think Or Swim too but prefer RH's GUI.

Agree on USAA.

My wife has been absolutely hopping mad the last two days. She had no part an any WSB shenanigans but she is pissed at TD Ameritrade nonetheless. Its odd. She gets mad about twice a year. Anyway, she timed herself opening a Fidelity account and filling out the request to transfer her accounts.

7 minutes 33 seconds. Time well spent. Screw Ameritrade and all the rest of them that did this and screw their Gordon Gecko wannabe buddies. I would be shorting the hell out of Schwab if I had the resources. I would pay very good money to watch the video of these guys as their options get exercised.

I still believe in the free market. I just don't like it when a market is free to some but restricted to others. This really is the sort of thing that triggers revolutions.

[induced_drag]

Some are speculating that Bitcoin could be the next GameStop since there's about a billion dollars of short positions taken by hedge funds on it

https://www.forbes.com/sites/billyba...-new-gamestop/

[NorwichGrad]

I'm not anti-billionaire especially when its self made and they are playing with the same rule set as the rest of us. For me, this has been about those who don't play fair, yet, when the normal person has troubles they say "maybe you should have planned for a rainy day" as they get bailed out, rules changed to favor them ect.

Its dishearting to know our system is so messed up and can't/won't be fixed.

Agreed!

Wealthy people who became rich thru hard work is an inspiration.

Globalists who are in bed with gubmint who grease the palm of politicians to change the rules of the game at a drop of a dime are the enemies of free market and humanity.

Perhaps Elon is the only exception on that list. The rest is them are globalist scumbags.

[NorwichGrad]

Some are speculating that Bitcoin could be the next GameStop since there's about a billion dollars of short positions taken by hedge funds on it

https://www.forbes.com/sites/billyba...-new-gamestop/

Elon led the charge. (See my response to John.)

From what I can tell based on actions, Elon appears to be a closet Libertarian (and that’s a good thing imo).

I will change my mind if Elon led the charge to pump bitcoin only to dump it later on. I will wait and see.

And this is another reason why, although I invest in cryptos, I cannot in good conscience tell others to invest in them.

But gold and silver, well, you know where I stand on PMs.

[NorwichGrad]

My wife has been absolutely hopping mad the last two days. She had no part an any WSB shenanigans but she is pissed at TD Ameritrade nonetheless. Its odd. She gets mad about twice a year. Anyway, she timed herself opening a Fidelity account and filling out the request to transfer her accounts.

7 minutes 33 seconds. Time well spent. Screw Ameritrade and all the rest of them that did this and screw their Gordon Gecko wannabe buddies. I would be shorting the hell out of Schwab if I had the resources. I would pay very good money to watch the video of these guys as their options get exercised.

I still believe in the free market. I just don't like it when a market is free to some but restricted to others. This really is the sort of thing that triggers revolutions.

Functionally and in all reality, we both know free market in the rigged system does not exist.

But philosophically and at the Sovereign Individual level, free market is within all of us.

That means if we have to break rules based on arbitrary laws, if it means we must become black marketers, if it means revolution (to your point), the natural forces of free market will always defeat manmade systems.

[Jtbny]

My wife has been absolutely hopping mad the last two days. She had no part an any WSB shenanigans but she is pissed at TD Ameritrade nonetheless. Its odd. She gets mad about twice a year. Anyway, she timed herself opening a Fidelity account and filling out the request to transfer her accounts.

7 minutes 33 seconds. Time well spent. Screw Ameritrade and all the rest of them that did this and screw their Gordon Gecko wannabe buddies. I would be shorting the hell out of Schwab if I had the resources. I would pay very good money to watch the video of these guys as their options get exercised.

I still believe in the free market. I just don't like it when a market is free to some but restricted to others. This really is the sort of thing that triggers revolutions.

I'm going to look into Fidelity. I spent the morning playing w/ Ally invest (I hold an online savings and multiple CDs there) and TOS. Both are just awful with options, just awful. I'll play with Fidelity's site to see how it is. I also hate to pay a fee for opening option contracts as I might swing 10-20 contracts a day sometimes. At .65 per contract that starts to really add up. But the alternative of staying on RH after this is not an option.

Some are speculating that Bitcoin could be the next GameStop since there's about a billion dollars of short positions taken by hedge funds on it

https://www.forbes.com/sites/billyba...-new-gamestop/

LOL BTC shillers will jump on anything to push it.

[Jtbny]

The big market dip on Friday was shorts covering their margins by selling other securities. Until they cover all their shorts expect to see this weekly. Limiting the buying of over 100 securities will help slow it down somewhat but by simply holding GME and not selling the vise continues to tighten. The attempted ladder attack by MM on Friday did very little. They have no escape except to flatten their positions at this point.

TLDR; Going to be a rocky ride w/ each Friday swinging down. Tread carefully.

Check out SPY's movement on EOD Friday:
https://finance.yahoo.com/quote/SPY/...ygIDTKrNMWrCPc

@Joel and/or Tim- Where do you guys buy actual silver? I'm thinking about picking some up monthly. Thanks.