GameStop stock crawling back to the Moon

[nnodley]

okay, so if the stock i'm looking at is let's say $100 then:

market order: buy the stock right now at $100 or whatever the price is at the time regardless of if it goes up or down.

limit order: i set a limit of let's say $90 and if the market value drops to $90 i start buying stock but if it doesn't drop then i don't buy any stock.   or if i set a limit of $110 then i buy stock at the market value just so long as it doesn't go above the $110 limit i set.

limit loss: similar to above,... i set a limit of $90 and if the stock hits that a sell is initiated.


another question,.. i just put money yesterday.  I can see my money in the "available cash" but there is no money ($0) in the "settled cash".  it says that if i buy something in excess of my "settled cash" i may initiate a "good faith violation".   Am I waiting for the settled cash to match my available cash balance before attempting to buy stock?

correct.  Except im not sure about the limit order at a price higher.  I've never done one of those so i don't know if it just initiates a market buy  or it initiates a buy at $110

And yes i think you need to wait for the cash to settle.  I've never had that.  I use Robinhood and TD Ameritrade and all my deposits i can use instantly.


actually it may not even let you do a higher price on a limit order.  it probably just converts to market order.

[kitler53]

correct.  Except im not sure about the limit order at a price higher.  I've never done one of those so i don't know if it just initiates a market buy  or it initiates a buy at $110

And yes i think you need to wait for the cash to settle.  I've never had that.  I use Robinhood and TD Ameritrade and all my deposits i can use instantly.


actually it may not even let you do a higher price on a limit order.  it probably just converts to market order.

yeah, i would use robinhood except that what they did wrt to gamestop is BS.   i don't want to be in that situation so fidelity seems more reliable.   + half of my 401k is with them so it's kind of nice to see that number more often then i had been.

[nnodley]

yeah, i would use robinhood except that what they did wrt to gamestop is BS.   i don't want to be in that situation so fidelity seems more reliable.   + half of my 401k is with them so it's kind of nice to see that number more often then i had been.

yeah once this gamestop stuff is done and hopefully i make a ton i'm done with Robinhood.  Will just use TD ameritrade

[kitler53]

yeah once this gamestop stuff is done and hopefully i make a ton i'm done with Robinhood.  Will just use TD ameritrade

i'm still kicking myself for not listening when peuz was told gamestop was going "to the moon".   

also, there is another stock i was mulling over for a few weeks and during that period i missed out on 30% growth.   it's my abundance of caution that's going to lose me all my money....

[Legend]

I'm going to get way more involved with trading. I own tesla stock in a roundabout way which has done great but I want more.

Gonna buy rocket lab and maybe Sony.

[nnodley]

I'm going to get way more involved with trading. I own tesla stock in a roundabout way which has done great but I want more.

Gonna buy rocket lab and maybe Sony.

yeah i want to get into legit trading after gamestop stuff is done. Do some day trading here and there.

plus some long term S&P500 investing and dividend investing

and lol just saw the title change.  

[Dr. Pezus]

i'm still kicking myself for not listening when peuz was told gamestop was going "to the moon".  

also, there is another stock i was mulling over for a few weeks and during that period i missed out on 30% growth.   it's my abundance of caution that's going to lose me all my money....

Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.

Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.

I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.

[kitler53]

Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.

Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.

I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.

any favorites in EV that aren't tesla?

I'm feeling the china based ones (nio, xpeng, li) but it might just be racism,.. china seems to want to push new tech instead of obstruct it like in america. 

[Dr. Pezus]

any favorites in EV that aren't tesla?

I'm feeling the china based ones (nio, xpeng, li) but it might just be racism,.. china seems to want to push new tech instead of obstruct it like in america.  

Nio for sure. Great discount yesterday when it dumped to just over 30 usd per share. Was 60 a few weeks ago (and price target is 60+).

Also lucid/cciv but I can't invest in that in Europe apparently

[nnodley]

Now is pretty much the best time in a few months to buy stocks. Market has been crashing the past 3 weeks (mostly tech, EV) but today was a first sign of a rebound. You could literally buy any tech or EV stock now. They're all way oversold now. Even Apple fell líka 15% the past few weeks.

Oh and I'm afraid that GME might drop back down if the rest of the market gets more bullish again. It weirdly seems to be inversing the market.

I have no idea how GME went back up but it was most likely hedge funds trying to mess with other hedge funds.

I've seen a couple graphs showing what gme closed at last squeeze and what is happening now and it's practically similar.  The higher it goes again the more calls become ITM.  I'm feeling pretty good about it again this time. I'm just hoping it goes up like last time but at 3x the amount. I'm getting the fudge out when it spikes

[nnodley]

the stock is flyin right now.  Up $43 today

[kitler53]

jesus..

I've seen a couple graphs showing what gme closed at last squeeze and what is happening now and it's practically similar.  The higher it goes again the more calls become ITM.  I'm feeling pretty good about it again this time. I'm just hoping it goes up like last time but at 3x the amount. I'm getting the fudge out when it spikes

so are you getting out today?

[nnodley]

jesus..
so are you getting out today?

i'm gonna say no.  If it does hit $300 to $400 in the next couple days i'll sell a few shares to make back some of my investment then leave the rest to see how it plays out.

[Dr. Pezus]

Interesting how gme always moons when the market is dropping in general

Going to add a bit more if it drops today. I'm sad I didn't put a lot into it when it went down to 39 but really who could have faith at that point lulz

[kitler53]

well, as this appears to be transforming into a general stock thread,..  as of today i'm officially in the game.   not GME.    but i put 10k into my account and i spent about 6k of it.  i intend to spend that last 4k but i'm delaying that because as I see it today is not the best day to get in.

it's only been about 10 mintues and i'm already down $7.18...