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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 anewaccount2021 on Wednesday January 27, 2021 @10:57AM (#25929791)
Exactly! /r/wallstreetbets are also trading against each other, without mercy! Not sure why people think that sub is some sort of group trading account...

But, chances are, a lot of them will make incredible gains by betting on the misery of hedge funds who themselves bet on misery. No tears shed for the hedge funds or the account holders who are now basically zero'd out. Imagine having your life savings in one of these funds...in the biggest bubble in history, your account went to ZERO!

[ Parent | on HN ]
Re:Robinhood, Trading 212 and others go down amid AMC and Ga... by Fjolsvith on Thursday January 28, 2021 @10:34AM (#25943411)
And the thing is that for the last four years the mainstream media kept saying the market was going to crash on Trump, and it actually does it the first week into Biden's term.
[ Parent | on HN ]