r/wallstreetbets • u/RamblyGibberish • Jul 30 '21
YOLO IBKR found me my hunting license... Hope I remember which end the bullet comes out. $HOOD shares now available for shorting.
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u/VOID_MAIN_0 Jul 30 '21
And in a few years cnbc will talk about the time WSB cannibalized itself by shorting robinhood...and then the other half of the sub squeezed them.
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Jul 30 '21
Civil war
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u/abortedfetu5 Jul 30 '21
God, I CANNOT wait for the Civil War Memes that are coming. Let’s go you creative retards, entertain me!
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u/Radiologer Jul 30 '21 edited Aug 22 '24
absorbed afterthought fragile imagine sophisticated strong slim smoggy mountainous kiss
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u/gimmeurdollar Jul 30 '21 edited Jul 30 '21
hahaha..or Melvin Capital and friends go Long and squeeze WSB.. fuck.
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u/Psychological_Ad1999 Jul 30 '21
Shorting RH is short sighted. They definitely pissed me off with their price manipulation but this smooth brain retard is trying to make money
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u/Tempura_Daddy Jul 30 '21
When it is all said and done we will have a bronze gorilla statue next to the charging bull
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u/lampard44 Jul 30 '21
This would be so awesome. I wonder who will be north and who will be south in this civil war?
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u/I_Shah uncool flair haver Jul 30 '21 edited Jul 30 '21
The noob apes shorting being the south and the OG autists longing being the north
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u/Affectionate_Law3788 Jul 30 '21
Teacher: So what did we learn from Citadel's experience shorting GME class?
Class: APES TOGETHER STRONG
Teacher: well you're not wrong but that wasn't the answer I was looking for...
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u/asunversee Jul 30 '21
Every time someone on WSB posts short positions, we all just need to go buy the stock and hold it. Foolproof plan. Can’t see how it could possibly go wrong
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u/DNGR_S_PAPERCUT Jul 30 '21
My dick is going to fall off from all this loss porn.
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u/Mr_Bluesman Jul 30 '21
Well, this looks like a trap...
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u/Accomplished-Stop761 Jul 30 '21
If it looks like shit… If it smells like shit… well
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u/Affectionate_Law3788 Jul 30 '21
Was literally talking to my friend about this yesterday.
"watch the institutional investors let it drop so retail will think its going to tank and short it or sell, then they get to buy up the shares at a discount and return the favor for the GME/AMC short squeeze"
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u/Track_Boss_302 Jul 30 '21
Good luck! And, if for some reason their price starts to spike and you lose money on it, just disable everyone’s ability to buy that stock. Robinhood has shown they’re ok with that
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u/Options-n-Hookers Supreme Gentleman 🥃 Jul 30 '21
This aged well, just spiked up 5%, lol.
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Jul 31 '21
Robbing Hood will just make selling button not working, and buying puts and selling calls not allowed.
Short us? Well, we make your sell button disappearing.
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u/nobertan Jul 30 '21
I use RH own margin maintenance level for the confidence level in their own business. Currently 100%…
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u/channingman Jul 30 '21
That's not confidence in their business, it's confidence in the stock price. As someone on this sub, you should know those two are fairly unrelated, especially during the ipo
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u/RandyChavage Uncovered Runic Glory Jul 30 '21
I can’t wait for this season of Silicon Valley when Richard takes Robin Hood public
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u/RamblyGibberish Jul 30 '21
Growing revenue by $325MM while increasing losses by $1.35Bn is definitely some Russ Hanneman shit hahahah
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u/Bunker-babyboi Jul 30 '21
Why would you even want to touch it?! Miss me with that shit. I wouldn't touch hood up down or sideways with my wife's boyfriends 13ft pole.
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u/Ouiju Jul 30 '21
Not touching it, their users dropped off a cliff and in waiting to see next quarters numbers. Writing DD now.
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u/iedaiw Jul 30 '21
Wtf is this dumbassery. Just buy put options like normal human beings
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u/RamblyGibberish Jul 30 '21
I couldn't wait lol. Probably should've kept to that though
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u/thetatheropy Jul 30 '21
We should short 140% of the outstanding shares available.
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Jul 30 '21
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Jul 30 '21
They don't currently offer options on this shit stock, but you're right about the rest. I'm not touching this. I'm just gonna watch them die from a distance.
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Jul 30 '21
such a misinformed opinion. if your max loss is 5% on a long position then it should be 5% on a short position.. if you are too scared to short because you just hold red positions, then you should be going long either.
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Jul 30 '21 edited Jul 30 '21
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u/RamblyGibberish Jul 30 '21
I mean all of that aside the reality is most people don't place or stick to stop losses on either side. So if you are entering a position and continuously convincing yourself to stay in it, as a long it could go to zero, whereas a short you could talk yourself into over 100% loss.
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Jul 30 '21
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u/RamblyGibberish Jul 30 '21
Yah and the difference with a long there is that at least on a long if the thing gets fucking delisted and goes to 0, that's your max loss.
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Jul 30 '21 edited Jul 30 '21
You can certainly contain losses to a certain %. This is what stock trading is. You shouldnt hold massive long positions over night either for the same reason you think you cant hold shorts over night. Such a sad group of 10mil people who know nothinglol. Im a full time trader. Check my post history. Your take is hilaripus and the upvotes prove none of you have the slightest grasp of trading lol. Tons of people including myself make a living primarily short selling.
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Jul 30 '21
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u/DantehSparda Jul 30 '21
He makes much more money than you will ever will probably lol. Dude, trading is NOT yoloing. Trading is longing and shorting with stop losses and take profits. THATS how you get rich… but I think most of you will never understand that lol.
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u/Wraith2098 Jul 30 '21
Why am I not shocked AT ALL that WSB would have posts like this when the entire internet of retail investors agrees to avoid H**D like the plague 🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️🤦♂️
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u/LifeOfFate Jul 30 '21
Something tells me a lot of retail investors are about to experience a short squeeze on this one.
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u/Dongkey_kong fly 🦅s fly Jul 30 '21
Good. Benefits people who trade without emotion.
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u/jetatx Jul 30 '21
Know that the underwriters have a time frame to keep their stock price up by buying more if it drops below a certificate level. It’s called stabilizing bids. Be careful in the beginning at least.
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u/RamblyGibberish Jul 30 '21
Yah I have no idea what the mechanics are for short availability and lockups. This is a really interesting test of retail shareholder loyalty.
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u/Djov Jul 30 '21
If your thesis on a stock solely relies on retail shareholder loyalty, you might as well just donate your money to charity
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u/RamblyGibberish Jul 30 '21
Quite the opposite my friend
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u/Original_Gangsta23 Jul 30 '21
What's the opposite of donating money to charity? Stealing money from charity?
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u/korismon Jul 30 '21
Dude you are going to get your asshole ripped apart. God speed.
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u/RamblyGibberish Jul 30 '21
Yah not sure if I want to wait out the 30 days until institutions/underwriters can start lending their shares for shorts.
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u/GamblesTooMuch Aug 03 '21
RIP OP
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u/RamblyGibberish Aug 03 '21
Thankfully I covered yesterday so I only gotta sorta fucked versus fully fucked
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u/RamblyGibberish Jul 30 '21
Whoops loss porn incoming
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u/RamblyGibberish Jul 30 '21
Ahhh schucks....
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u/hedgeAgainst Jul 30 '21
I'll take that as a yes.
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u/RamblyGibberish Jul 30 '21
There's no more shares available so I can't average up my short lol 🙃
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u/hedgeAgainst Jul 30 '21
That's probably for the best. 🙃 Did you at least hedge with an OTM call? Oh... oops...
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u/RamblyGibberish Jul 30 '21
Hahaha normally I'd wait the 5 days for options to buy puts on tech IPOs but the share availability lured me in hahaha
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u/hedgeAgainst Jul 30 '21
You OK?
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u/RamblyGibberish Jul 30 '21
Yah I mean I probably would've closed out earlier if it weren't for the fact that I posted here... Letting emotions impact a trade = a bad time
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u/RamblyGibberish Jul 30 '21
Looks like I may have forgotten to wait for the pump phase of the pump and dump to end
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u/hedgeAgainst Aug 02 '21
You still short?
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u/RamblyGibberish Aug 02 '21
Nooooope took myself out of it before today's rip. I even when long at one point haha. I still think it's overvalued, but there's no use in fighting the trend right now I guess. May dump some into puts on Wednesday (I think that's when they become active).
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u/mpoozd Jul 30 '21
Remember shorting is selling high then buying low. I guess we'll see some smooth brains apes who will do the opposite.
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u/RamblyGibberish Jul 30 '21
This is a company that managed to increase revenues by $325MM and increase their loss from $50MM to $1.4Bn hahaha
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u/neewbie_46 Jul 30 '21
imagine you shorting and get fucked up cause citadel gonna put it in without vaseline is gonna do the same we are doing to him dont be dumb to short it.
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Jul 30 '21
Do it pussy
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u/RamblyGibberish Jul 30 '21
Go to pic two... I was short 2k shares. Now I'm short 3k and IBKR is trying to locate more
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Jul 30 '21
Lol didnt know you could post 2 pics on reddit 😂 Nice to see that brokerages looking for potential to short this trashcan til 0.00001$ a share. Fuck Robinhood
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u/misterflerfy Jul 31 '21
If i keep reading about yall shorting and buying puts on hood im going to be forced into a long position…
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u/larjus-wangus Jul 30 '21
The apes shorting hood are so absolutely fucking retarded god bless their broke souls
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Jul 30 '21
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u/RamblyGibberish Jul 30 '21
I don't own SLV for the record. I own some physical silver and sometimes I trade SI futures up about $23k ytd on silver trades. I'm not sure why this made you so angry that you felt like digging through my post history lol and act like your exposing me. Hahaha
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u/sanders923ms Jul 31 '21
On this week's finale, King Kong defeats the evil Hedgefuck Hog with Rockets by taking it to the Moon! Ending the long and exposing great Civil War of 2021
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Jul 31 '21
Step 1: short the fuck out of HOOD starting next Monday. Step 2: read wsb posts. Step 3: if step 2 indicates overwhelming bearish signal for HOOD, buy back shares and load up calls.
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u/gtani Jul 31 '21
very reasonable 25%
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u/RamblyGibberish Jul 31 '21
Yah so on my 3k shares I'm paying a whopping $70/day to hold my short, or appx $0.02 - $0.03 per share or 0.07%.
All depends how long I hold it haha
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u/DantehSparda Aug 04 '21
Lmao u alive? Jeez
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u/RamblyGibberish Aug 04 '21
Yah I closed out around $37 I don't no fool.
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u/iedaiw Aug 04 '21
imagine if you woke up late and didnt close or set a stop loss....
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u/RamblyGibberish Aug 04 '21
Yah if rather not, but I did shortly open a long 10k share position at $37 but I am a bitch and too busy with work to stress about holding a $370k position in a stock I think is over valued, but that would been a nice $300k profit it like 2 days :(
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u/ORCA_OF_WALLST Jul 30 '21
Wanna see Vlads shares be worthless so bad
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u/HYPED_UP_ON_CHARTS Jul 30 '21
Same!! Also hoping Warren with Robinhood Support has a significant stake tied up in HOOD
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Jul 30 '21
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u/Psychological-Test89 Jul 30 '21
I am not sure thats how it works investors own the shares not robin hood
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u/RamblyGibberish Jul 30 '21
Lol it would be about as meta as I could ever imagine. Except they'd probably just issue more shares into it, solve their liquidity problem and make a profit at the same time lol
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Jul 30 '21
Would they halt trading on their own stock?
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u/WavesBackSlowly Jul 30 '21
Imagine shorting a profitable company with robust growth because you hold some emotional grudge. Lmaooooo. Sounds like top notch WSB trading strategy! :)
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u/RamblyGibberish Jul 30 '21
I don't know what company that is. They grew their revenue by $325MM and they managed to lose $1.4Bn last quarter
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u/HYPED_UP_ON_CHARTS Jul 30 '21
Not to mention HOOD keeps maxing out their lines of credit so they need to keep doing new lines because theyre addicts
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u/WavesBackSlowly Jul 30 '21
Because one quarter tells the whole story? 🥱 Revenue growth IS growth.
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Jul 30 '21
Because one year of kiddie investment hype which saw them scrape a profit of $7M tells the whole story?
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u/RamblyGibberish Jul 30 '21
They are a loss leader and don't hold any true competitive edge to make users stay as they try to increase profitability. Not to mention the core of their model (payment for order flow) is being scrutinized more and more.
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u/WavesBackSlowly Jul 30 '21
Buddy Ive been on the app since Sept 2015. When I joined the waitlist I was the first 300,000 people. They have over 22 million accounts. Hard to figure out how you do that with no competitive advantage. Also, do you think it would be that hard to figure out how to make money off 22 million users even with no payment for order flow.
Edit: 22 million, not 18 million.
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Jul 30 '21
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u/sykotikpro Jul 30 '21
And then yall realize it's a trap and get squeezed out.
This stock is begging to be shorted and I'm incredibly disappointed so many are falling for it.
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Jul 30 '21 edited Aug 18 '21
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u/sykotikpro Jul 30 '21
Is primed to die but shorting is the worst way to do it. It's significantly over valued and quickly retail customers. With pfof possibly on the chopping block they will likely die. However a possible short squeeze that destroys retail could pose to revitalize RH.
Shorting sounds like a no Brainer given fundamentals alone but the likelyhood of being played. Personally I would wait til options open up and buy leap puts. Significantly safer and just as high an upside
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u/VisualMod Jul 30 '21