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re: If the SEC or Fed steps in to help the Wall Street institutions that shorted GME....

Posted on 1/27/21 at 9:23 pm to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48914 posts
Posted on 1/27/21 at 9:23 pm to
quote:

Oh, no doubt.

We had the discussion that if anything this will limit the access of the individual (retail) investor.

I wasn't involved in this at all but I trade stocks somewhat regularly. All consumer platforms became unresponsive or offline this morning for a half hour or so. That was a coordinated effort by someone. This won't be allowed for long.
Posted by AUCE05
Member since Dec 2009
42582 posts
Posted on 1/27/21 at 9:36 pm to
It is not unusual for a stock to be halted. Also, for a EPTMLI5, trading apps are design for X amount of flow, and GME has pushed their abilities well past design. I dont think it is a barrier.
Posted by slackster
Houston
Member since Mar 2009
85240 posts
Posted on 1/27/21 at 9:58 pm to
quote:

I wasn't involved in this at all but I trade stocks somewhat regularly. All consumer platforms became unresponsive or offline this morning for a half hour or so. That was a coordinated effort by someone. This won't be allowed for long.


Nah.

There was a shite ton of volume and traffic and the usuals couldn’t handle it. It’s not the first and won’t be the last time those places go down, but it’s not some evil trick.
Posted by goofball
Member since Mar 2015
16904 posts
Posted on 1/28/21 at 9:19 am to
quote:

All consumer platforms became unresponsive or offline this morning for a half hour or so. That was a coordinated effort by someone. This won't be allowed for long.


It's even worse today. They are doing everything they can to limit the buy.

I'm going pick up a few shares if I can out of principle.
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