Discussion ***Official*** 2021 Stock Market Thread

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Roger Wilco

Diamond Member
Mar 20, 2017
3,955
5,825
136
Holy fuck my NOK is up 50%.....

No idea what is going on. TD locked trading when I was up 12%, and then it went live for like 10 seconds and it automatically went up 56% and then locked again.
 

FelixDeCat

Lifer
Aug 4, 2000
29,307
2,099
126
Holy fuck my NOK is up 50%.....

No idea what is going on. TD locked trading when I was up 12%, and then it went live for like 10 seconds and it automatically went up 56% and then locked again.

Yup TD is locking up all the casino stocks.
 

Scarpozzi

Lifer
Jun 13, 2000
26,389
1,778
126
Only you know the answer to that.

Careful!
This is fun money....it's in a Roth that isn't my primary retirement. It started from $3k and I keep flipping it.

Edit: I bought in, but caught this last dip.
 
Last edited:

PlanetJosh

Golden Member
May 6, 2013
1,815
143
106
HA! I called BB not that long ago.

But that's pretty much all I can say. I mucked it up after that.
I'm up a few thousand dollars on BB, I got in at $19.20 yesterday. So don't know what to do, sell today or hold and hope for the fairy tale rise to over $100 price.
 

dasherHampton

Platinum Member
Jan 19, 2018
2,543
488
96
I'm up a few thousand dollars on BB, I got in at $19.20 yesterday. So don't know what to do, sell today or hold and hope for the fairy tale rise to over $100 price.

I would just put a stop on it. If you got in at $19 set it there so you don't lose money.

Then as it rises just raise the stop to trail it.

edit - I just checked: its a little over $23? I'd set the stop $21 and trail it up.
 
Reactions: Scarpozzi

Scarpozzi

Lifer
Jun 13, 2000
26,389
1,778
126
I'm up a few thousand dollars on BB, I got in at $19.20 yesterday. So don't know what to do, sell today or hold and hope for the fairy tale rise to over $100 price.
Just crossed over $23...I say hold it and see if it hits $50.
 

njdevilsfan87

Platinum Member
Apr 19, 2007
2,331
251
126
From TD:

Security impacts related to market conditions
In the interest of mitigating risk for our company and clients, we have put in place several restrictions on some transactions in $GME, $AMC and other securities. We made these decisions out of an abundance of caution amid unprecedented market conditions and other factors.

That's just going to add fuel to fire imo. It makes me want to add to my small NOK position even more now.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
I would just put a stop on it. If you got in at $19 set it there so you don't lose money.

Then as it rises just raise the stop to trail it.

edit - I just checked: its a little over $23? I'd set the stop $21 and trail it up.
Don't put a stop loss. That's just free money to them and they'll take out your stop and take your shares before reversing it.
 

ponyo

Lifer
Feb 14, 2002
19,689
2,811
126
From TD:



That's just going to add fuel to fire imo. It makes me want to add to my small NOK position even more now.
I still haven't read what the restrictions are. I tried test buy order for GME and it was accepted just fine. I canceled the order and not TD.
 

njdevilsfan87

Platinum Member
Apr 19, 2007
2,331
251
126
TD just opened NOK and it flashed from 6.67 down to 6.35. Now bouncing all over the place and back above its pre-freeze price. This is turning into a war.
 

dasherHampton

Platinum Member
Jan 19, 2018
2,543
488
96
Don't put a stop loss. That's just free money to them and they'll take out your stop and take your shares before reversing it.

Yeah, they're going to sell tens of millions of dollars worth of BB to get at a guy who made a few grand.

Sometimes you're just too much.
 

njdevilsfan87

Platinum Member
Apr 19, 2007
2,331
251
126
Yeah, they're going to sell tens of millions of dollars worth of BB to get at a guy who made a few grand.

Sometimes you're just too much.

There's definitely logic to it. Brokers and exchanges know where your price is, and can aggregate the data behind the scenes to take out the stop losses. It's not just the one guy for a few grand, its the tens of thousands. Additionally traditional rules are out the window right now. I'd wager even the algorithms are having a hard time with all of this. If you're trying to making a traditional trade with a traditional stop loss in this non-traditional market, you're going to be stopped out and likely at a loss as most traders/investors are very poor at timing their entries on the small time scale. This is a 100% gamble money play here - no stop losses, but have an exit price on the way up.
 

PlanetJosh

Golden Member
May 6, 2013
1,815
143
106
Wondering if anyone is buying Apple AAPL today in hopes the quarterly report after the close today causes a decent rise. I'm in at $144 as of yesterday.
 

dasherHampton

Platinum Member
Jan 19, 2018
2,543
488
96
There's definitely logic to it. Brokers and exchanges know where your price is, and can aggregate the data behind the scenes to take out the stop losses. It's not just the one guy for a few grand, its the tens of thousands. Additionally traditional rules are out the window right now. I'd wager even the algorithms are having a hard time with all of this. If you're trying to making a traditional trade with a traditional stop loss in this non-traditional market, you're going to be stopped out and likely at a loss as most traders/investors are very poor at timing their entries on the small time scale. This is a 100% gamble money play here - no stop losses, but have an exit price on the way up.

A two dollar window is plenty of room to play with with BB.

If he's not checking on his holdings with some regularity he should set the stop at his entry price to avoid losing money.

Or just fucking sell. What do I care?
 
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