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GameStop has gone parabolic again, dragging other meme stocks like AMC with it, started on Monday, then RoaringKitty returned to Twitter after a 3 year hiatus, and it went mental even more, up 111% in premarket trading and now trading at an OTH
Whoosh!
Watching, trading is suspended on 212.
Totally forgotten about this. Will the dodgy firms trying to short it previously still be on the hook, or got rid of their liabilities by now?
Disclaimer**
I own the stock and I'm currently in the green by some margin. It's been suspended again.
Trump social stock gets away with malipulation and audit fraud* allegedly
Totally forgotten about this. Will the dodgy firms trying to short it previously still be on the hook, or got rid of their liabilities by now?
In any logical scenario shorting it would be the sensible thing to do, it was still trading ~4x higher than it's previous price and falling until Friday. Not sure what's happened to kick things off this time?
No idea. Have all the 'diamond hands' geezers made their money back yet?
Just to be sure that it never features on anyone's radar every again except as loss-porn I've bought a fractional share 😂
I wish I understood this stuff. Can I just buy a share and make money in the next 24H? Haha
Is the big Twit at it again?
I wish I understood this stuff. Can I just buy a share and make money in the next 24H? Haha
First, you need a time machine.
And a ton of money.
[This is not financial advice, just my philosophy when it came to setting mine up last year]
Otherwise, you can open an ISA via the Trading 212 app (other apps exist, T212 is either great because it doesn't charge a fee, or sketchy as heck because it doesn't charge a fee) and start trading. The general rule is you can't outplay the market, the big banks have floors of people crunching the numbers to figure out which shares are worth buying and which to sell. You can't expect to routinely beet that on a hunch and a google.  For everyone that's made a fortune on one share, there's probably an almost equal loss somewhere keeping quiet (someone sold them that share after all, that's how it works). You can stick the money in ETF's which are big funds that buy lots of shares in everything (e.g. there are FTSE 100 ETF's, S&P500 ETF's etc) which are more predictable and might get you 8-12% growth each year, or they might crash, but then they might recover. In 20 years there will hopefully be more good years than bad and I can think about retiring. There's also more specific ETF's in things like mining, utilities, energy, etc if you want to bet on mining for example but want something easier than trying to figure out which specific mining companies stocks to buy.
[/This is not financial advice, just my philosophy when it came to setting mine up last year]
To the moon, @thisisnotaspoon
I'm already down 5%
🤚💩✋