General Discussion

Mike 03

(18,690 posts)

1. Bloomberg is reporting they moved on to silver.

Mon Feb 1, 2021, 11:35 AM

Feb 2021

Link to tweet

TEXT: Silver prices are soaring as Reddit’s band of retail traders attempts to squeeze the market.

There’s a rich history of corners and squeezes in the annals of commodity trading. But they don't often end well for the squeezers🧵1/12 #silversqueeze #silver

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Last week's GameStop buyers feeling the burn [View all] calguy Feb 2021 OP

Bloomberg is reporting they moved on to silver. Mike 03 Feb 2021 #1

I heard that rumor too calguy Feb 2021 #4

Oooh. I hope so. I'm sitting on a of silver I inherited at the high Hassin Bin Sober Feb 2021 #34

No one involved in the GME squeeze is buying silver. Decoy of Fenris Feb 2021 #46

Are there restrictions on buying? intrepidity Feb 2021 #2

The brokers had no choice calguy Feb 2021 #5

I understand that intrepidity Feb 2021 #6

Yes calguy Feb 2021 #12

And yet, hedge funds and Wall Street banks Miguelito Loveless Feb 2021 #3

The little guys beat the pros "last week" calguy Feb 2021 #8

What people didn't think about... brooklynite Feb 2021 #10

If everyone holds, this fails. Drahthaardogs Feb 2021 #21

The only problem is...... calguy Feb 2021 #28

They will hold Drahthaardogs Feb 2021 #30

The chart tells a much different story calguy Feb 2021 #37

They do during a ladder attack Drahthaardogs Feb 2021 #38

but the chart shows very little volume fishwax Feb 2021 #45

You're right, charts don't lie. And GME holders are holding strong. Decoy of Fenris Feb 2021 #47

Hedge Fund should not even be allowed. Bring back bucket laws. These folks contribute nothing. Demsrule86 Feb 2021 #40

Anyone who bought the bubble.... Happy Hoosier Feb 2021 #11

I agree... Demsrule86 Feb 2021 #41

Absolutely true, Miguelito Loveless Feb 2021 #14

Shorting has been around since markets were created calguy Feb 2021 #13

That's what everybody claims Miguelito Loveless Feb 2021 #16

Shorting turns out very well if the price goes down calguy Feb 2021 #17

There is a difference intrepidity Feb 2021 #22

Markets go up and they go down calguy Feb 2021 #25

There is a difference Miguelito Loveless Feb 2021 #29

When it's a collaboration to drive a business into bankruptcy Drahthaardogs Feb 2021 #20

No it is not...and margin buying helped cause the 1929 crash. Demsrule86 Feb 2021 #42

Margin calls can be painful no_hypocrisy Feb 2021 #7

My BIL (a successful venture capital manager) bought into this... brooklynite Feb 2021 #9

Trading platforms like Etrade are swamped, overwhelmed jmbar2 Feb 2021 #15

You're Wrong. It's a Ladder Attack Drahthaardogs Feb 2021 #18

and, I've read, some houses are forcing stop loss sales nt intrepidity Feb 2021 #23

In a month's time you'll find out how naive you are calguy Feb 2021 #26

Do you follow the Wallstreetbet forums on reddit? Hav Feb 2021 #31

Newbies always search the chat rooms for "talking points" calguy Feb 2021 #33

Hoping that in a month the light will be shone Drahthaardogs Feb 2021 #39

Oh boy greenjar_01 Feb 2021 #35

there were even bigger drops on Thursday and Friday than today, though fishwax Feb 2021 #19

Broadbrush statement. LuckyCharms Feb 2021 #24

Glad you are up 12% AMC since the open calguy Feb 2021 #27

I scalped a little $AMC today but it was a little stressful towards the end of my morning. whttevrr Feb 2021 #43

Hope you're not in it anymore calguy Feb 2021 #44

No, I'm trying to stay all cash right now. whttevrr Feb 2021 #52

Good job calguy Feb 2021 #56

I read today somewhere that now they're going after silver prices. Vinca Feb 2021 #32

Don't buy into the silver propaganda. Decoy of Fenris Feb 2021 #48

I'm not investing in it. I go to yard sales and pick up bits and pieces here and there. If it's Vinca Feb 2021 #50

Don't think so, many of them actually intended to risk money to stick it to the hedge funds. haele Feb 2021 #36

Are you new to trading? Seems like it, since the WSB crowd are holding steady. Decoy of Fenris Feb 2021 #49

Sounds like a line right off a message board. calguy Feb 2021 #55

Oh the drama! Lady Freedom Returns Feb 2021 #51

After-hours trading is brutal Hav Feb 2021 #53

Rug pull time calguy Feb 2021 #54

They taught the lesson, not getting it... RANDYWILDMAN Feb 2021 #57

The market doesn't care one way or another calguy Feb 2021 #58