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rogers park bryan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:05 pm 
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storkinastorm wrote:
rogers park bryan wrote:
storkinastorm wrote:
I hope the lawsuits are ready for all these brokerages who have shut down trading of these stocks. Of course the price is going down - you can't get the volume when half of all brokerages are refusing to allow people to purchase.

Anyone know if these brokerages are also refusing to allow people to sell? Can you imagine holding GME and having to watch it drop back down without the ability to sell?

Liquidation is pretty much always allowed and the lawsuits will go nowhere. Perfectly legal to go liquidation only.


Only for certain stocks in ANY scenario?

The bar for justifying liquidation only is incredibly low. Regulations seemingly always err on the side of restrictions/lowering volatility

I work in futures, not stocks. We are even more regulated than stocks.

I'm assuming the laws and compliance stuff is very similar so I could be wrong but I think they're asses are covered.
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rogers park bryan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:06 pm 
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Brick wrote:
rogers park bryan wrote:
Brick wrote:
rogers park bryan wrote:
storkinastorm wrote:
I hope the lawsuits are ready for all these brokerages who have shut down trading of these stocks. Of course the price is going down - you can't get the volume when half of all brokerages are refusing to allow people to purchase.

Anyone know if these brokerages are also refusing to allow people to sell? Can you imagine holding GME and having to watch it drop back down without the ability to sell?

Liquidation is pretty much always allowed and the loom aw suits will go nowhere. Perfectly legal to go liquidation only.
It depends on why they had to do it though.

Market volatility is almost always the reason and it obviously applies here, so no matter what the real reason is, they're covered.

It sucks and its shady but its legal.
It won't be easy but you'd have to prove it was done to help a hedge fund that gives them significant money.

That would be like proving someone broke your window during a hurricane that was breaking windows everywhere.

But yea, probably possible but extremely unlikely
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Brick
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:08 pm 
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rogers park bryan wrote:
That would be like proving someone broke your window during a hurricane that was breaking windows everywhere.

But yea, probably possible but extremely unlikely
The Citadel-Robinhood relationship is going to be scrutinized heavily in this.

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billypootons
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:08 pm 
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gamestop should line up a bunch of laptops and advertise "hey you can actually buy our stock at our store"
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rogers park bryan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:09 pm 
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Jaw Breaker wrote:
blackhawksfan wrote:
Supposedly the WSB guys are buying silver. Not sure how you buy silver.


Maybe through an ETF, as it would be hard for most of these customers to open a futures account.

They're buying SLV and AG stock
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chaspoppcap
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:10 pm 
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I warned you all they where going to do this to silver yesterday

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rogers park bryan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:12 pm 
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Brick wrote:
rogers park bryan wrote:
That would be like proving someone broke your window during a hurricane that was breaking windows everywhere.

But yea, probably possible but extremely unlikely
The Citadel-Robinhood relationship is going to be scrutinized heavily in this.

Yea, we'll see. I wont hold my breath waiting for bad actors in financial markets to be held accountable though
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Gene & Jude's
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:14 pm 
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Hey at least Robinhood was honest, fucking Stash basically sabotaged their app.
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Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:23 pm 
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Watching CNBC guests and hosts lose their minds the last few days trying to defend billionaires has really made my week.

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Ugueth Will Shiv You
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:29 pm 
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COVID: All your brick and mortar stores belong to us

Hedge Fund shorters: :lol: :lol: :lol:

Reddit: :roll: :twisted:

Shorters: :shock:

Robinhood: :(
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Gene & Jude's
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:44 pm 
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storkinastorm
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:44 pm 
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Many Crypto exchanges also shut down the trading of Doge this morning. What is their rationale for this? That the working poor and middle class was accumulating too much wealth for their liking?

After a complete drop, it seems to be going back up again.
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storkinastorm
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:45 pm 
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Good buying opp for GME. Let's get it to 100K.
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Jbi11s
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:48 pm 
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storkinastorm
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:50 pm 
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Dave Portnoy and the Squad on the same team. Maybe we have something here.
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Gene & Jude's
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:52 pm 
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:lol: :lol: :lol: :lol:


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Ogie Oglethorpe
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:54 pm 
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Ugueth Will Shiv You wrote:
COVID: All your brick and mortar stores belong to us

Hedge Fund shorters: :lol: :lol: :lol:

Reddit: :roll: :twisted:

Shorters: :shock:

Robinhood: :(

GameStop's inevitable death isn't from Covid though. The new generation of consoles is digital only so GameStop's ability to buy/sell used games is up as people switch to PS5.

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FavreFan
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:57 pm 
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Gene & Jude's wrote:
:lol: :lol: :lol: :lol:

Ted Cruz tried to put a hit on AOC? How did I not hear about this? :lol:

Edit, oops nvm that capitol storming thing. Didn't realize she was being super melodramatic

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Ogie Oglethorpe
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 12:59 pm 
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RFDC
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:01 pm 
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She really is the Trump of the left

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Terry's Peeps
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:01 pm 
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FavreFan wrote:
Gene & Jude's wrote:
:lol: :lol: :lol: :lol:

Ted Cruz tried to put a hit on AOC? How did I not hear about this? :lol:

Edit, oops nvm that capitol storming thing. Didn't realize she was being super melodramatic


She's a woman so you kind of have to factor that in.

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KDdidit
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:04 pm 
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Thank god we can here from Portnoy 1000 times about it
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Ogie Oglethorpe
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:05 pm 
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KDdidit wrote:
Thank god we can here from Portnoy 1000 times about it

He's the current king of digital media so expect to hear from him a ton.

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Douchebag
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:06 pm 
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Ogie Oglethorpe wrote:
KDdidit wrote:
Thank god we can here from Portnoy 1000 times about it

He's the current king of digital media so expect to hear from him a ton.

Dude, he's not going to blow you.

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Gene & Jude's
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:08 pm 
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Ogie Oglethorpe
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:09 pm 
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Douchebag wrote:
Ogie Oglethorpe wrote:
KDdidit wrote:
Thank god we can here from Portnoy 1000 times about it

He's the current king of digital media so expect to hear from him a ton.

Dude, he's not going to blow you.

Nope, but he will continue to make me money.

The best thing he did for Stoolies was to tell us to buy Penn after the acquisition.

Image

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KDdidit
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:11 pm 
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Douchebag wrote:
Ogie Oglethorpe wrote:
KDdidit wrote:
Thank god we can here from Portnoy 1000 times about it

He's the current king of digital media so expect to hear from him a ton.

Dude, he's not going to blow you.


Like America got paid for shitposting far right talking points, Ogie gets paid for overhyping Portnoy.

Oh look he did it again.
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billypootons
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:12 pm 
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this blue checkmark isnt afraid to spread rumors
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billypootons
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:13 pm 
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KDdidit wrote:
Douchebag wrote:
Ogie Oglethorpe wrote:
KDdidit wrote:
Thank god we can here from Portnoy 1000 times about it

He's the current king of digital media so expect to hear from him a ton.

Dude, he's not going to blow you.


Like America got paid for shitposting far right talking points, Ogie gets paid for overhyping Portnoy.

Oh look he did it again.


i find dave highly entertaining, but Ogie's love for him on here is over the top
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SpiralStairs
 Post subject: Re: GameStop
PostPosted: Thu Jan 28, 2021 1:14 pm 
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Pretty fucking sick. And what's worse is nothing will happen. These fucks make the rules and change them when they start to lose.

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