Stocks and Trading Thread - Channeling your inner Mono

[Josquius]

I've seen way too many examples of stock market shenanigans crushing companies that might otherwise have lived on.

Can you name any that resulted from shorting stock?

I said stock market shenanigans.
Vaux is the big one that really hurts for me personally. Literally ripped a hole in the middle of Sunderland which 20 years later still hasn't been fixed.
Then there was 2008 and all of its casualties...

[Razgovory]

Totally agreed with Tamas.
Not many people hate the rich just for being rich. Musk got to where he is for actual innovation and clever marketing. He is really trying to push forward civilization with his space stuff too. This is absolutely the kind of thing that should see success for you.
As opposed to the shorters who are looking to profit from driving a company that employs 10s of thousands of largely poor young people into the ground.

I certainly don't hate the rich for being rich.  I hate them for being smarter than me.  Always showing off their knowledge.  Also, I hate the ones that dumber than me cause those assholes just want to pull me down with them.

[crazy canuck]

What are the mechanisms to deal with the voting rights associated to the stock being loaned-sold-bought-resold?

The simple answer is that if a share has voting rights attached to it, whoever is the owner of the share has the rights attached to the share.  I am not sure what you are asking.

[Admiral Yi]

I said stock market shenanigans.

You also said this

"At the same time there are those who actively gamble on their failing. And when you've billions resting on companies going under its in your interest to make sure they do. "

[alfred russel]

I've seen way too many examples of stock market shenanigans crushing companies that might otherwise have lived on.

Can you name any that resulted from shorting stock?

I said stock market shenanigans.
Vaux is the big one that really hurts for me personally. Literally ripped a hole in the middle of Sunderland which 20 years later still hasn't been fixed.
Then there was 2008 and all of its casualties...

I don't know anything about Vaux, but the story in 2008 generally revolves around the mortgage market and debt market, not the stock market.

[Admiral Yi]

Yeah, what is Vaux?  Googling gives me a town in France.  Vauxhall?

[Admiral Yi]

https://www.slashgear.com/robinhood-reveals-strict-new-volatile-stock-rules-limits-on-gme-amc-fractional-shares-29657318/

Robinhood's limits.  TLDNR: clients can only hold one share of Gamestop.

[Zoupa]

Can't you buy stocks a zillion ways? What's the big deal about this app?

[Valmy]

Yeah, what is Vaux?

Fort Vaux? A tomb of heroes.

[crazy canuck]

Can't you buy stocks a zillion ways? What's the big deal about this app?

no transactional fees.

[Admiral Yi]

Can't you buy stocks a zillion ways? What's the big deal about this app?

You need to ask someone who buys into the "Robinhood protecting their hedge fund buddies" narrative.

[Valmy]

Can't you buy stocks a zillion ways? What's the big deal about this app?

Well not when you have your money in an app and that is how you buy and trade stocks. You would have to find a completely different way instantly and by that time maybe the position you wanted is no longer available.

But it was not just Robinhood, other stock trading services like TD Ameritrade are also in on it.

[Valmy]

Can't you buy stocks a zillion ways? What's the big deal about this app?

You need to ask someone who buys into the "Robinhood protecting their hedge fund buddies" narrative.

Hey it doesn't matter why they were doing it. Freezing trading in a stock is one thing, only allowing sales and not buys is market manipulation.

[The Larch]

The GME - Wall Street Bets sea shanty, meme crossover of the year: https://www.youtube.com/watch?v=rejpDqQUcV0

[Admiral Yi]

Hey it doesn't matter why they were doing it. Freezing trading in a stock is one thing, only allowing sales and not buys is market manipulation.

Isn't the point of market manipulation usually to profit somehow?