The circuit breakers go both ways. It's a certain percentage in x amount of time whether up or down. It went up too quick and is paused for 5min
2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
Robinhood delisted stock? GameStop, AMC, Nokia reportedly locked out
Robinhood is reportedly locking out traders from GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), Nokia (NYSE:NOK) and Naked Brands.
His quote there is one of the douchiest things someone could say. I am guessing he just put a target on his back and the reddit crew could make him bleed next.
It's what I've heard the ones behind this play called since Game stop is the flagship stock.
Which play though? The retail investor short squeeze or the manipulation with Robinhood to prevent it?
So basically this thing got in a range between 220 and 250 all afternoon. So much for the shorts covering all week theory.
I hope every short loses money at this point. I short quite a bit actually but usually on anticipated earnings and fUnDemEntALs but in this scenario the shorts are on the wrong side of history.
I've heard it in general. They were always depicted as longs, so if I had to specify, for some odd reason, it would be the ones to prevent it.
Seems kinda hypocritical for you to have this issue with the shorters when you state you do it quite a bit.
I'm not a **** that does it 140% of the entire value of a stock. I cannot make naked shorts as an independent investor
(also if you want to be technical, it's put options)
That's the thing though, it's not just one person or company that is making up the 140% of the short. It's like saying I only stole a 20 out of the till, not that whole $5,000 that was in there; just on a different level. I don't think shorting should be allowed on a speculative basis period, that is one of the big issues right there. If someone wants to hedge production and such,I don't mind that because they are basically locking in prices. Selling something that you can't produce should not be allowed in my opinion and is what is a major issue with the markets.
I'll agree to that. There should absolutely be a law that limits the amount it can short. I agree generally that shorts to trigger action and prevent markets from being stagnant but when it's preposterously egregious like it was with GME than something needs to be done.
It's a solid UI. Very simple to make trades (when they allow it). Never again.
Years ago it was the only platform that offered:
1) free trades
2) low bar of entry (no fees to start an account, no minimum balance)
Everybody has caught up since, and I think Robinhood's good will is now over.
