Stocks and Trading Thread - Channeling your inner Mono

[Tamas]

What annoys me most is the institutional shrilling.

They don't have a problem with stock manipulation, they have problems with it happening outside of their comfort zone and by the market segment that was intended to simply provide them a stream of income and not a hit of losses.

[Syt]

Were there any consequences for senators who received a classified Covid briefing early on and used that privileged knowledge to optimize their stocks portfolios?

[Tamas]

Were there any consequences for senators who received a classified Covid briefing early on and used that privileged knowledge to optimize their stocks portfolios?

There certainly has not been a widespread discussion of it in the financial media.

[Admiral Yi]

Were there any consequences for senators who received a classified Covid briefing early on and used that privileged knowledge to optimize their stocks portfolios?

Wiki says the FBI closed their investigations.

[Tamas]

Were there any consequences for senators who received a classified Covid briefing early on and used that privileged knowledge to optimize their stocks portfolios?

Wiki says the FBI closed their investigations.

At least some things are the same in both the US and Hungary.

[garbon]

Were there any consequences for senators who received a classified Covid briefing early on and used that privileged knowledge to optimize their stocks portfolios?

Wiki says the FBI closed their investigations.

At least some things are the same in both the US and Hungary.

Do people in Hungary not eat food nor need oxygen?

[Tamas]

  2/10.

[garbon]

2/10.

[garbon]

Granted I haven't been to America since last Feb so I can't say what they currently do.

[alfred russel]

Big investors get bailouts for recklessness

Please elaborate.

Aint gonna give you a brief on the 2008 crisis mate you will need to do your own reading up on that.

It is almost as though you are starting at a conclusion point.

If in 2008 we bailed out big investors with long positions, we fucked over big investors with short positions.

Theoretically the Gamestop runup is fueled by small investors trying to fuck over big investors with short positions.

[Tamas]

Might be just people losing their shit but apparently Robinhood has stopped accepting buy orders for the meme stocks of the last few days.

[Zoupa]

Straw man

Is the current US financial system flawed?

[Tamas]

Not just Robinhood:

https://www.zerohedge.com/markets/unprecedented-move-td-ameritrade-puts-restrictions-transactions-gme-amc?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29

The brokerage said that it imposed these unprecedented unilateral - as in not mandated by either a regulator or the government - actions "out of an abundance of caution amid unprecedented market conditions and other factors."

Expect many more exchanges to follow suit, because hedge funds clearly need to be protected when faced with the retail daytrading mob.

Meanwhile, with nobody there to bail them out, the basket of top hedge fund favorites, the Goldman hedge fund VIP stock basket, is plumbing new lows as fears of wholesale liquidations grow as the Goldman basket of most shorted names keeps rising ever higher,

[Zoupa]

 

It's so rigged, and transparently so.

[Habbaku]

Is there any fundamental reason why anyone would short sell a stock?  There must be some, because some very smart people are doing it, but it sounds like such a dangerous hassle.  Can't you just buy a put or sell a call if you are bearish on the stock?

Yes, but merely buying the put or selling the call puts a cap on your upside as well as the downside. It's a matter of degrees.

Just as with put options, short selling can be an excellent hedge in a portfolio that is otherwise long on a bunch of stocks and is worried over rising volatility.