Stocks

[ExGingi]

It's not a good value prop anyway because all the big brokers copied the features that made trading more accessible to average Joes (e.g. $0 commissions, partial shares). It would never have happened without RH but right now Fidelity and Vanguard are just as accessible to low NW traders as RH, so what's the attraction to RH anymore? The only major difference now is the UI and the fact that RH doesn't ordinarily stop their customers from gambling situations (while Vanguard completely disallows ultra high risk and Fidelity makes you fill out forms and be reviewed first), neither is enough to make me believe in their IPO.

Doesn't RH also allow trading cryptocurrencies which I don't think the others do?

[Joe4007]

Sure, a commodity is the same as a stock and any other asset. I believe there is a traded fund that is compelled to buy silver and ship it physically to Canada whenever there are capital inflows, and I'm sure there are many similar.

The difference with commodities is it that banks hold positions and can be hurt, whereas stocks are mostly only hedge funds.

Can someone explain how you can create a short squeeze on an ETF? Can't they just use the creation / redemption process to keep the price pegged to Silver?

[PlatinumGuy]

The last thing you do in life is admit you have a liquidity problem. It starts a run from creditors (including customers) and shuts off access to other financial institutions.

Talk of Robinhood screwing its customers isn't half as dangerous as talk of Robinhood going under. 

[PlatinumGuy]

Can someone explain how you can create a short squeeze on an ETF? Can't they just use the creation / redemption process to keep the price pegged to Silver?

How do you create silver? There are finite resources and if there are more buyers than sellers the price will go up.

[Joe4007]

How do you create silver? There are finite resources and if there are more buyers than sellers the price will go up.

Ah. I thought they were going for one specific Silver ETF. I guess they plan on just using that to drive up the metal price itself.

[PlatinumGuy]

Ah. I thought they were going for one specific Silver ETF. I guess they plan on just using that to drive up the metal price itself.

It's easier to drive up the price by buying a fund that will require (immediate) physical delivery, since only a tiny subset of the asset class will be available.

[Randomex]

https://twitter.com/fchollet/status/1354502571243626497
Purim

This is so stupid, it's hard to believe that some people actually believe it

It's satire.

https://en.wikipedia.org/wiki/It%27s_Over_9000!

[Randomex]

Investors should be following Elon Musk on Twitter, says Reuters (and not just because of what's in the URL).

[PlatinumGuy]

I hope the 'elites, hedge funds, and government are ganging up to screw the little guy' narrative doesn't become antisemitic.

[PlatinumGuy]

It's easier to drive up the price by buying a fund that will require (immediate) physical delivery, since only a tiny subset of the asset class will be available.

https://twitter.com/goldtelegraph_/status/1355754635886292995

[PlatinumGuy]

https://twitter.com/epsilontheory/status/1355526361570541572

[grodnoking]

https://twitter.com/epsilontheory/status/1355526361570541572

Does it matter if it's a bot or not? As long as the 2M people following it listen you'll have the desired effect.

[zh cohen]

https://twitter.com/epsilontheory/status/1355526361570541572

If they're being removed, what's the problem?

[Mordyk]

AI can can actually figure this out quicker than reddit.  Technically over shorting a stock should be obsolete going forward
  No?

[VacationLover]

Should I take the gamble and invest in silver?

https://amp.benzinga.com/amp/content/19360995

https://www.cnn.com/2021/01/31/investing/silver-price-squeeze-reddit-wallstreetbets/index.html

[PlatinumGuy]

https://twitter.com/nlw/status/1355977649399734277

[ShimshonK]

I'm wondering where all this money is coming from. Presumably, some other stocks should be declining to account for the increase in these handful of stocks.
And, if it's just a matter of time until these stocks burst, maybe it's a good value opportunity in others?

[ari3]

I'm wondering where all this money is coming from. Presumably, some other stocks should be declining to account for the increase in these handful of stocks.
And, if it's just a matter of time until these stocks burst, maybe it's a good value opportunity in others?

The money is coming from all the stimulus uncle Sam and grandpa Joe are pumping into the economy

[aygart]

The money is coming from all the stimulus uncle Sam and grandpa Joe are pumping into the economy

But but but doesn't money to the masses go straight into the economy by buying things and rich people invest it to make themselves more money?
@PlatinumGuy

[Shmulie]

But but but doesn't money to the masses go straight into the economy by buying things and rich people invest it to make themselves more money?
@PlatinumGuy

them: $600 is actually a lot if you invest it right

also them: wait no not like that