", Plus500. Unlike in [January] where the net purchases by retail account for a bigger share of the total volume," Patel said in a follow-up email. GameStop shares were volatile on Wednesday, marked in part by a brief and sudden plunge of the shares before they turned positive again during the session. 76.4% of retail CFD accounts lose money, Registration on or use of this site constitutes acceptance of our, An unexpectedly sharp economic rebound could kickstart a massive shakeup that's almost certain to drag stocks lower », Krispy Kreme launches a collection of St. Patrick's Day-themed doughnuts », GameStop Corp hosts conference call for investors, Investors Go Looking for a ‘Why’ To Justify Buying Ideanomics Stock, Forget GameStop: This Investment Can Make You Rich With Zero Effort, Short bets against GameStop are the lowest they've been in 2021 as the stock finds renewed life, Slumping Naked Brands Is Nearing the Point of No Return, Don’t Let Reddit’s r/WallStreetBets Become Your QAnon. Gill has 50,000 shares in GameStop plus 500 call options. The great Gamestop fiasco is a wonderful one indeed. Plus500. 2 days ago. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Individual traders executed pump … Patel expects more retail investors to begin buying GameStop and other popular meme stocks once stimulus checks hit people's bank accounts as part of the $1.9 trillion coronavirus relief package. "Everybody's been talking about GameStop," Viraj Patel, global macro strategist at Vanda Research, told Insider on Wednesday. After a record performance in 2020, online trading platform Plus500 is planning a further buyback program of up to $25m The post Plus500 plots share buyback as profit soars on … Find the latest PLUS500 LIMITED (PLSQF) stock quote, history, news and other vital information to help you with your stock trading and investing. Overall though, the SkyBridge exec said the Reddit trade has been a "negative P and L driver. The arrival of stimulus checks may spur more retail investors to buy GameStop and other popular stocks. Find the best posts and communities about GameStop on Reddit "It's definitely not retail because these volumes just wouldn't have the same impact on price compared to what we saw back in January.". Bitcoin Gaining From Gamestop Fiasco The analytics website, aptly named Metrics For Reddit, has shown that r/Bitcoin has managed to accrue a … ... Top News Videos for Reddit Gamestop. In a tweet on Wednesday, Patel said there was no sign "whatsoever" of a retail-driven short squeeze in GameStop shares. Getty Images / Corbis News. Online brokerage Robinhood, which has been in the eye of the storm during GameStop frenzy in the past week, has raised over $1 billion from existing investors and credit lines from banks to support its financial position after a volatile four days. Find communities you're interested in, and become part of an online community! 02:09. Stock quotes by finanzen.net. ... Plus500. After a record performance in 2020, online trading platform Plus500 is planning a further buyback program of up to $25m of its shares. The move to sure up shorts comes amid another Reddit trader-driven rise in GameStop and other 'meme stocks.'. "You would've imagined retail [investors] again were behind that but they're not because they are buying around a tenth of what they were buying every day of net back in late January," said Patel who was in London looking at figures from Vanda Research data analytics arm, VandaTrack. Find the latest PLUS500 LTD ORD ILS0.01 (DI) (PLUS.L) stock quote, history, news and other vital information to help you with your stock trading and investing. GameStop shares rose a further 14% in pre-market trading Tuesday, to $88.83 per share. Step 2: Research GameStop Shares. An army of individual traders led by the likes of the Wallstreetbet community gathered the troops on Reddit and got everyone to throw their money into the pot to buy up GameStop stock.
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