Stock Market - PLEASE READ: TEMPORARY POST LENGTH MINIMUM |
- PLEASE READ: TEMPORARY POST LENGTH MINIMUM
- Robinhood is Stealing From the Poor and Giving to the Rich
- I have a proposition. This is how we can dogecoin to the moon but we need everyone's HELP.
- Hold the Stocks!
- ��GAME PLAN FOR DOGE=1$��
- I think we need to report Robinhood to the SEC for blatant market manipulation and collusion with short sellers.
- Why AMC GME NOK And Other Stocks Fell Today
- Robinhood and other platform are not letting people buy GME, AMC Stock
- Hold the line
- Billionaire Hedge Fund Bailouts - ANALYSIS - January 28, 2021
- Actual Reason You can't buy GME, AMC and etc.
- THIS IS NOT OK - Call the SEC Chairman and commissioners directly in addition to filling out forms - THIS IS OUR HILL ������ ������ ������
- ��️��️
- This is getting scary... What could potentially happen here?
- Can we all take a moment and appreciate the Mods, they work around the clock to keep spammers and scammers out of our community. Thank you.
- A Human Declaration
- $CTRM IS GOING $3 TOMORROW (ALSO ROBINHOOD RESTRICTION WILL BE LIFTED FROM IT TOMORROW) (ALSO THEY LITERALLY OWN A SHIP NAMED “MAGIC MOON”) (ALSO TOMORROW IS A FULL MOON) (ALSO I STOLE THIS POST FROM SOMEONE ELSE) (ALSO I JUST POOED MY PANTS)
- Stocks to Watch 28/01/2021
- How is this legal?
- I think I might have set the record for highest GME purchase price.
- ��������
- BUY
- Melvin Capitol's 33 Employees vs. the World
- XL Fleet share float at 72% and it's a great company
- XL Fleet share float at 72% and it's a great company
| PLEASE READ: TEMPORARY POST LENGTH MINIMUM Posted: 28 Jan 2021 08:08 AM PST Hi everyone, In light of the gigantic influx of new subscribers (woo!) we need to impose a temporary length minimum on posts. There are just way too many posts for us all to filter through and remove all the junk so we're restricting posts to only the highest quality which usually comes with increased post length. The minimum is not very high, it's 560 characters and will stay in place until things are back to normal. We hope this will cut down on all the repetitive "OMG U GUYS LOOK AT GME?!!!?!!!11!!" posts and brand new people asking questions that are easily searchable. So for the immediate future until things settle down around here, keep your posts long enough to justify some insightful discussion. Some things that would be great to have around here:
There are plenty of other things that will meet this length minimum but the main goal right now is just to cut down on the junk posts. If this doesn't help we might need to raise it further, but I think 560 is a good limit for now; it's basically four 140 char tweets which should be at least a paragraph or two. Note: All other sub rules still apply, and additionally if you try to circumvent the filter with funny business like "aaaaaaaaaaaaaaaaaaaaaaaaaaaaaa1111111111111111111111122222222222222222222222222hdfgkhjg kjhdgf lkjshdfg kdjfhgl ksfdhglkhg YOLO GME!" to get to 560 chars, we will hit you in the head with the ban hammer and if we can find you, perhaps a literal hammer :-D Thanks homies, keep the good stuff coming! [link] [comments]  |
| Robinhood is Stealing From the Poor and Giving to the Rich Posted: 28 Jan 2021 08:43 AM PST Robinhood has proved time and time again that they are nothing but weaselly little corporate shills who are to busy sucking off hedge fund managers so they can sell our information and make a quick buck off us I'll include multiple reasons why you should take all your money out of Robinhood and put it in other reputable brokerages like interactive brokers and Charles Schwab .
Robinhood is no longer the only show in town. Since its arrival, several major brokers have followed suit and now also offer free trades. Today, you can get free trades with Webull, M1, Fidelity, Charles Schwab, E*TRADE, Interactive Brokers, and many more. It means you need to question whether some of Robinhood's other major shortcomings are still acceptable. In practice, they are probably not.
When a broker is inaccessible on some of the most volatile days of the last 50 years you may get some small outages . But Robinhood has consistently had major outage that led people to lose millions of dollars . Not once. Not twice. Not three times but over five times. Worse still, all the outages occurred in the space of one week in early March during the most unpredictable days of the COVID19 crisis. It cost people millions of dollars in positions they could not close. And Robinhood's response? A "goodwill" payment of $75. It is now facing multiple lawsuits over the issue. Users can no longer maintain any reasonable faith in the service being available when they need it most. That alone is enough reason to switch broker.
If you read Robinhood's FAQs or independent reviews of the service, you will see that the app has real-time quotes. That's only half true. Yes, your orders will always be completed at the real-time price, but the charts and data you see on screen are often delayed. This will prevent you from getting in and out of trades in the most efficient manner.
I understand the appeal of being able to do your stock trading and crypto trading in the same place. On paper, that's something that Robinhood offers; it launched its crypto trading service in 2018. But the crypto platform has some shocking drawbacks. The drawbacks are so severe that we'd strongly urge all users to look elsewhere for your crypto needs.
Given the free trades, how does Robinhood make money? Sure, there's Robinhood Gold, but the signup rate is nowhere near enough to warrant the $8 billion company valuation. The answer is via a practice called payment for order flow. It means that instead of searching for the best price for a given stock, Robinhood is instead selling your data to high-frequency trading (HFT) firms for massive profit. The HTF firms add the data to their algorithms to better understand the flow of retail money. It is they who are Robinhood's real customers. In reality, the no-fee movement may end up being described as a no-explicit-fee movement, as the payment for order flow revenues have grown at many of these firms. Not to rehash the whole argument, but investors trading at firms with higher PFOF are paying a hidden fee in terms of poorer execution on their trades. This means that they may pay a higher price when buying or get a lower price when selling than they would with another broker less focused on PFOF as a revenue generator. For regular investors making only a few trades a year, PFOF-related slippage may not be a huge burden, but it is a bigger issue for more active investors and traders. 6.Robinhood Gold is a Scam Robinhood Gold is a subscription service that introduces a few extra features for $5 per month.
Sounds reasonable. But here's the catch---any broker worth its salt will make all that stuff available for free on its respective platform. It really isn't worth $5 per month. Robinhood Gold just feels like a way to eke more cash out of inexperienced investors who think that by subscribing they will become better traders.
Robinhood's customer support is notoriously bad. Users complain of waiting weeks for an answer in the app's Help section, lengthy queues to speak to someone on the phone, no responses to emails, and a general lack of urgency in responding to important issues. In ordinary circumstances, poor customer service might be forgivable in a free app. However, when large sums of money are involved, clients deserve better. Given the company's value, we're sure they could hire a few extra reps easily enough. TLDR: FUCK ROBINHOOD BUY GME ELSEWHERE 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 Sources: https://www.investopedia.com/robinhood-pays-settlement-but-gamification-remains-a-concern-5093195 https://www.makeuseof.com/tag/shouldnt-invest-robinhood-app/ https://katusaresearch.com/robinhood-trading-exposed-steal-from-the-poor-and-give-to-the-ultra-rich/ [link] [comments]  |
| I have a proposition. This is how we can dogecoin to the moon but we need everyone's HELP. Posted: 28 Jan 2021 03:48 PM PST |
| Posted: 28 Jan 2021 05:27 AM PST They will rue this day as the day they shorted the stocks, but increased our profits. Those cheaters attacked Gamestop. GAMESTOP WAS OUR CHILDHOOD LADS, NOW WE RIDE TO THEIR AID! HOLD THE STOCKS! AND IF YOU HAVEN'T BOUGHT BEFORE, BUY AT 7'O CLOCK, FOR THAT IS WHEN THEY LAUNCH THE ASSAULT. THEY SHALL SHORT THE STOCKS! BUT THEN WE WILL BUY FOR CHEAP, AND OH, TOMMORROW, WE WILL RISE LIKE JESUS ON THE 3RD DAY. AND MAKE PROFITS. THAT'S THE WAY! [link] [comments]  |
| Posted: 28 Jan 2021 05:26 PM PST |
| Posted: 28 Jan 2021 09:53 AM PST |
| Why AMC GME NOK And Other Stocks Fell Today Posted: 28 Jan 2021 05:13 PM PST GameStop and AMC had the greatest rallies in the shortest amount of time that history has ever seen in a single stock. This caused hedge fund managers to lose billions of dollars in a matter of days. Needless to say, this greatly upset them. In an effort to recoup their losses, they shorted the stocks. That means they placed bets that the stocks would go down. On Wednesday, January 27 the stocks continued to rise. This greatly increased the hedge fund managers losses. They were in deep and needed a solution. What would they do to make back over 11 billion dollars? Restrict the ability to buy certain stocks. By restricting buying they knew the stocks could not go up. If the only thing people can do is sell a stock then many people will sell the stock. When many people sell a stock, the value of that stock goes down. When the value of those stocks go down, people who shorted those stocks will make money. This is how hedge fund managers are recouping their massive losses. It is market manipulation. Plain and simple. They are cashing in on the falling prices of stocks like GME, AMC, NOK, BB, and others. The question is, what are we going to do about it? [link] [comments]  |
| Robinhood and other platform are not letting people buy GME, AMC Stock Posted: 28 Jan 2021 06:19 AM PST Robinhood and other platforms are not letting their users buy GME or AMC etc stock because they are using Margin a lot. These retails are losing more money than making it. Also, they trying to keep it a safe way to invest before they get any trouble from Feds. What are your thoughts on this, is it right? [link] [comments]  |
| Posted: 28 Jan 2021 09:30 AM PST For everyone that has been screwed by the system, by the elite, by the 1%, by a lack of opportunity...I'm holding the line. GME, AMC, NOK, AAL.... I'll hold it all and screw Robin Hood and their shady schemes. Who is RH to say what I can and cannot buy? The Wall Street Hedge Funds need to be knocked down a peg or 20, they need to realize that they do not hold all the power...the people hold the power. You and me and our neighbors and our co-workers and every other "nobody" that the elite have shut out and screwed over for as long as anyone can remember. So HOLD THE LINE. Don't let a dip scare you off, it may take a little time for people to regroup and complete trades in exchanges that are not rigged (like RH...). I'm holding the line. Who's going to hold with me? [link] [comments]  |
| Billionaire Hedge Fund Bailouts - ANALYSIS - January 28, 2021 Posted: 28 Jan 2021 05:49 PM PST What we saw today is something that I've never seen in my career before. It was a indirect way of giving the Hedge Funds a bailout by changing the rules of trading in order to force the price down. It all started when Robinhood decided to cease the trading of GameStop ($GME), AMC ($AMC), BlackBerry ($BB), Bed Bath & Beyond ($BBBY), Nokia ($NOK), and more. These are the popular "meme" stocks on the sub reddit (WSB). After Robinhood did this act that none of us saw coming, other exchanges followed suit. Even Webull was "forced" to do the same. The CEO of Webull said, "It wasn't our choice... this has to do with settlement mechanics in the market." The irony of it all is that Robinhood, an exchange name after a vigilantly that stole from the rich to give to the poor, did the exact opposite. In fact, Robinhood stole from the poor retail traders and gave to their billionaire hedge fund friends. I personally will not be using Robinhood anytime soon. I advise everyone to boycott them for manipulating the markets. Maybe a class action is soon to follow? _________________________________________________________________________________________________ $SPY: +0.4% $QQQ: +0.15% $DIA: +0.6% _________________________________________________________________________________________________ My Notable Picks: $CLII: +4% - Picked $SOL: -10% - Called the Dip $SOXX/$SOXL: +6% - Picked Check out the write up from yesterday where I picked a lot of stocks and ETFs to add money to. Today most are up or approaching our buy zone. _________________________________________________________________________________________________ Today my portfolio had a successful rebound from yesterdays dip. Luckily we bought the dip. I'm looking forward to see how the futures are acting tonight. I'm back up 5%, or $26,000. _________________________________________________________________________________________________ Adding to Watchlist $SLV - Is a trust that reflects the performance of the price of silver. $SLV is starting to trend on the popular subreddit, WSB. Just because of this I am looking for a pop in the coming trading days. I'll keep following the trends online and keep everyone updated on Twitter. Since the GME boom, it is hard to overlook such trends. I will set a low target price of $26 and want to enter it the super trend turns bullish at around $25 OR if $SLV pulls back to the support of around $23. Keep it small here; overall risk is minimum in my opinion.
$SOL - ReneSola is a solar power project developer and operator. Yesterday, I pointed out that a dip to $20 was coming. As you can see from the chart, SOL did in fact dip to $20. I hope you guys paid attention and picked up some cheap $SOL. This one will easily make a push toward $40. Conservatively I have set a price target of $35, before I reevaluate. OTM mid terms calls could be lucrative here.
_____________________________________________________________________________________________________ Recap of My Positions I usually do GTD for the TIF. I will reevaluate the canceled orders and try again in the premarket tomorrow. Looking at that Tesla at $800! More ARK Invest please! _____________________________________________________________________________________________________ Add Money to While they are Down:
_____________________________________________________________________________________________________ Note: Risk (1 out of 5) is my opinion of how risky the stock and these plays are; 1 being the lowest and 5 is the highest. _____________________________________________________________________________________________________ Disclaimer: The comments opinions and analysis expressed herein are for informational and educational purpose only and should not be considered as individual advice or recommendations. _____________________________________________________________________________________________________ [link] [comments]  |
| Actual Reason You can't buy GME, AMC and etc. Posted: 28 Jan 2021 07:18 PM PST Hello Everyone, so first of all, I just listened to the interview that was done by the Webull CEO, which provided a much better explanation on why the stocks are temporarily unable to trade. Source: https://www.youtube.com/watch?v=4RS4JIEVyXM The regular trading process:
What happened to GME, AMC, and etc.
What does this mean: the current market system does not allow such a large number of financial transactions to occur in such a short period and time. In addition, there is a conflict of interest, since DTCC does not want Melvin Capital to go completely bankrupt, since then DTCC might go bankrupt. 1st question you might have: Why does DTCC exist? Answer: when you buy a stock, you buy the street price and not the person quoted price. Otherwise, we could see volatility in the 50%+ forever with the transactions of stocks, since buying would raise the price and selling would lower the price even with a small transactions. 2nd question: What would happen if they don't raise collateral cost? In 2008, Lehman Brothers was like DTCC, they did not raise it fast enough. Basically, the hedge funds that used Lehman Brothers could not sell/buy, since Lehman Brothers went bankrupt. This causes a complete market breakdown. 3rd question: Why was Robinhood only allowing selling and not buying? Selling does not require collateral, so that would have been fine. Problem is that it only benefits the shirt-sellers, so they probably should have followed Webull and just halted trading completely. TDLR: WSB + social media + other hedge funds (definitely some players got into this) almost caused the entire US stock market to halt ALL trading, so the clearinghouse basically changed the rules to prevent that from happening. Basically, they sided with the "suits"/"wallstreet", since they could have caused a financial meltdown..........LMAO [link] [comments]  |
| Posted: 28 Jan 2021 09:33 AM PST https://www.sec.gov/contact-information/sec-directory Acting Chair Allison Herren Lee (202) 551-2800; [ChairmanOffice@sec.gov](mailto:ChairmanOffice@sec.gov) Hester M. Peirce (202) 551-5080; [CommissionerPeirce@sec.gov](mailto:CommissionerPeirce@sec.gov) Elad L. Roisman (202) 551-2700 [CommissionerRoisman@sec.gov](mailto:CommissionerRoisman@sec.gov) Caroline A. Crenshaw (202) 551-5070 [CommissionerCrenshaw@sec.gov](mailto:CommissionerCrenshaw@sec.gov) RH info and internet form links here: https://www.reddit.com/r/wallstreetbets/comments/l6wbbj/can_you_say_class_action_lawsuit_fuck_you/gl3345j/ Position: just 6 tiny shares of GME, 37 AMC, 18 BB, 14 NOK. I may not have much BUT I'M NOT FUCKING SELLING 💎💎🙌 💎💎🙌 [link] [comments]  |
| Posted: 28 Jan 2021 12:37 PM PST When need blackberry to go up let's get it back up to 28 like we had it. It's at a dip right now spread the word let's get it up some more. Robinhood also restricted trading in BlackBerry, Koss and Express, citing "recent volatility." It faced a barrage of criticism from retail investors, celebrities and policymakers. Interactive Brokers, another online trading platform, also restricted trading in those stocks. "We do not believe this situation will subside until the exchanges and regulators halt or put certain symbols into liquidation only," it said. Source https://globalnews.ca/news/7605452/gamestop-blackberry-stock-trade-restrictions/ 🅱️🅱️ 🅱️🅱️ 🅱️🅱️ 🅱️🅱️ [link] [comments]  |
| This is getting scary... What could potentially happen here? Posted: 28 Jan 2021 07:48 PM PST We all know that things have just taken a very very very intense turn. I have been watching the market for over a decade and my father has been in it and playing for almost 5-6 decades. Something very big is coming and I am not nearly knowledgeable enough to know what could potentially happen in this uncharted water and in a sense around the whole market. For those that are knowledgeable enough, what happens here and how does it cascade through the whole market? What does it look like? [link] [comments]  |
| Posted: 27 Jan 2021 11:05 PM PST We have grown from ~600k to almost 800k in just a month, we had a plague, impeachment insurrection and a whole lot of other stuff and still these mods donate their time to keep our community together and free from spam. Thank you. [link] [comments]  |
| Posted: 28 Jan 2021 04:28 PM PST I guess if it ain't too much to ask, I want to write my thoughts with the sole intention of being read. I will post this message on numerous stock subreddits. This is not about promoting one stock or another. This is about justice. I bought GME at $368 and I'm still holding the 3 shares a working man like me was able to afford. I will hold them until I die. I take responsibility for the risk I took and I regret nothing. It's not about returns, it's about the message. I'm proud to be holding the line. What I do not take responsibility for is the blatant manipulation by Robin Hood, hedge funds, and the "free market" our country has proven to possess today. I will hold my 3 shares as a memory of what took place today, and I hope they go to Mars, but there is something else I'm going to do from this day forward. I'm going to consider investing in international companies. I know I will be accused of being a bot or a foreign agent, but I'm not. I'm American. I served in the Army. Today has opened my eyes and made me question whether our exchanges deserve the valuations they have at the expense of what is likely good companies all over the world trading in foreign exchanges. I am not promoting any country or company in particular. All I'm saying is that retail investors like me could take our resources back by investing ourselves in whatever WE believe is valuable. Working people from all over the world bought GME today and held the line. I saw posts form Koreans, Canadians, and even Chinese. We could do the same. We the non hedge fund babies of the world CAN unite. I'm going to expand my horizons when it comes to investment and research, and I'm going to put my faith in our power to come together as working humans and buy when WE LIKE THE STOCK. Power to the people. POWER TO THE PEOPLE. [link] [comments]  |
| Posted: 28 Jan 2021 06:07 PM PST CTRM BIG D(D): Why it's a strong buy and everybody needs to go balls deep rn so let's fucking send eeeeeeeeeet ** Post preface: I own GME, GE, NOK, and AMC. I am a man of the people; I have 14,000 Karma and have been active on this sub for well over 1 year. ** BEGIN BIG DICK DILIGENCE** This is prime buying szn for Castor Maritime and I would absolutely hate to miss the next goddamn 🚀 to paying off my mounting law school debt. For this reason, I'm going long on 20,000 shares to start. This summer, I'm looking to sink another 40,000 shares in them. 2021 is going to be a big year for maritime shipping. Why is it a good buy, you might ask? Let me fucking tell you. The maritime shipping industry hemorrhaged during COVID and lost 4.1%. It is on track for at least a 4% gain industry-wide this year. The industry itself is gearing to boom. Freight prices are increasing and importers have signaled their willingness to pay the increased rate. CTRM is going to have unprecedented growth in the next two quarters as a result. With Biden's clean energy agenda coming down the pike, reformation of transportation emissions guidelines are to be expected. CTRM operates six dry bulk carriers with one capsize carrier being acquired just last week. The dry bulk carriers are among the lowest carbon-emitting vessels available for maritime transport. CTRM is already positioned well for this environmental leap. It's also stupid fucking cheap at $.45 per share. Most analysts with more than feces in their skull will see the $3+ one year target potential organically. If WSB gets behind them, anything is possible. Look at the lucky fuckers who got in at $.19 a few months ago. I bet life sucks from their sheep's wool jump seat window in their Gulfstream G650. Get in loser, we aren't going to the Moon or Mars. We are going to the motherfucking Andromeda Galaxy 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 Edit: u/floatyfish brought to my attention the fact that their 2005-built dry bulk carrier is called "Magic Moon." This should be enough DD for most of you. You know what to do. [link] [comments]  |
| Posted: 28 Jan 2021 06:11 AM PST Good Morning, Market conditions are hugely volatile at the moment. Some great opportunities, but carrying some of the highest risk simultaneously. GME, KOSS and AMC made some tremendous moves during the day, with GME/KOSS continuing to soar in pre-market. Here are some of my watchlisted stocks today:
A lot of brokers are putting restrictions in place (for a good reason too). My broker has restricted margin on GME, and whether you agree with it or not, they're doing it to protect traders from potentially blowing up their accounts and are protecting them from people's inability to meet the obligations of a margin call. Other stocks I will be watching: AG, RHE, SNDL, AAL. As a reminder, trading is risky, make sure you put stops in place and follow your initial plan regardless. Thanks all. -Rep [link] [comments]  |
| Posted: 28 Jan 2021 07:35 AM PST I hope there are lawyers out there putting an injunction forcing the trading platforms like Robinhood and TD Ameritrade to stop restricting the trading of certain stocks like GME, AMC, BB, KOSS, NOK, etc. Unless trading is halted for all, institutions and retailers, this has to be illegal. Right? [link] [comments]  |
| I think I might have set the record for highest GME purchase price. Posted: 28 Jan 2021 06:06 PM PST In premarket this morning I paid exactly $500 per share for 3 shares of GME. I immediately called a friend and told him I was going to do what these billionaire hedge fund managers couldn't and that was to find the top of GME. Of course with my luck it immediately began to fall. I sold my three shares for a loss of around $800. I was fine with this (I gambled and I lost) until I found out that Robinhood and a hand full of other firms had prevented their customers from buying GME and AMC. Now I am angry as hell to find out I didn't loose fair and square but I lost in a manipulated market. EVERYONE who is a client of RH should immediately leave. This us unreal. Seems ripe for a class action suit. [link] [comments]  |
| Posted: 28 Jan 2021 06:27 PM PST |
| Posted: 28 Jan 2021 08:39 PM PST |
| Melvin Capitol's 33 Employees vs. the World Posted: 28 Jan 2021 03:44 PM PST We are witnessing a paradigm shifting redistribution of wealth. Melvin Capitol, the primary culprit of this historic short, has 33 employees. Think about this. Millions of people are in the process of obtaining life-chaning money. My parents, older brother, four roommates, numerous colleagues, and myself have all officially realized these gains and the emotions are FLOWING. My student debt is as good as gone and I will finally be able to afford healthcare (25 year old kicked of parents to save parents money). My brother is getting laser eye surgery, and my 60 year old mother working full-time since 14 can RETIRE. The sheer amount of "I fucking love you all" and "I can't believe this, I officially kickstarted my life" in my friend group alone brings tears to my eyes. The market will drop from the massive transfer of wealth. The sheer amount of liquidation from the hedge funds will certainly have an affect. This was bound to happen with the insane amount of shorting, it was just a matter of time before a few retail-investors from WSB spotted something arguably criminal. Focus on these success stories. 33 people losing $12billion from being greedy vs. the 99% trying to get their foot in the door. 33... Source: https://www.efinancialcareers.com/news/2021/01/working-at-melvin-capital [link] [comments]  |
| XL Fleet share float at 72% and it's a great company Posted: 28 Jan 2021 06:17 PM PST Recently a bunch of Hedge funds is shorting the XL Fleet stock. XL Fleet short float is at 72%, this might boom up anytime soon. Currently, it's trending at $19 which is not reasonable for such a great company. XL Fleet Corp. Class A started at an opening price of 19.96 and hit a high of $21.49 and a low of $19.33. Ultimately, the stock took a hit and finished the day at $1.32 per share. XL Fleet Corp. provides vehicle electrification solutions for commercial and municipal fleets. Its electric drive systems increase fuel economy and reduce carbon dioxide emissions. What you all think we should do about this? [link] [comments]  |
| XL Fleet share float at 72% and it's a great company Posted: 28 Jan 2021 06:15 PM PST Recently a bunch of Hedge funds is shorting the XL Fleet stock. XL Fleet short float is at 72%, this might boom up anytime soon. Currently, it's trending at $19 which is not reasonable for such a great company. XL Fleet Corp. Class A started at an opening price of 19.96 and hit a high of $21.49 and a low of $19.33. Ultimately, the stock took a hit and finished the day at $1.32 per share. XL Fleet Corp. provides vehicle electrification solutions for commercial and municipal fleets. Its electric drive systems increase fuel economy and reduce carbon dioxide emissions. What you all think we should do about this? [link] [comments]  |
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