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A comment on Robinhood, Trading 212 and others go down amid AMC and GameStop stock frenzy. Parent comment

Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by 52-6F-62 on Wednesday January 27, 2021 @10:50AM (#25929692)
Because that's usually how it goes. It appears that every bit of skepticism has been thrown out the window. I think a lot of people are about to get burned who expected riches. And all because of empty promises by anonymous message board users. It's disconcerting.
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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by asdfasgasdgasdg on Wednesday January 27, 2021 @11:00AM (#25929841)
Maybe I'm just a bad person but I don't feel much for people who get scammed due to their own greed.
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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by 52-6F-62 on Wednesday January 27, 2021 @11:06AM (#25929924)
I'm a little more ambivalent, myself. But I think I just don't like seeing it at all.

If the entirety of the human were, functionally, a complex organism then the result of this sudden and energy-expensive outgrowth will likely be a sudden and intense immune response that will have effects beyond those directly involved.

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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by eloff on Wednesday January 27, 2021 @11:07AM (#25929947)
Some valuable stock market lessons available at $300 a piece right now.

Probably not going to end well, but they'll learn something from it.

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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by nrmitchi on Wednesday January 27, 2021 @11:13AM (#25930006)
> but they'll learn something from it.

Unfortunately, I disagree. I think there will be stories written for the next bit about the handful that make bank, very few stories written about the people who lose their shirts and end up with their financial life in ruins.

When nonsense like this happens again, no one will remember the downside.

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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by eloff on Wednesday January 27, 2021 @11:22AM (#25930125)
Everyone who loses their shirts will learn a lesson they'll never forget. Pain is the best teacher.

The smart people learn from other people's pain.

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Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by Fjolsvith on Thursday January 28, 2021 @10:13AM (#25942980)
Not hard to take your stimulus check and stick it to the man with it.
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