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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 9:58 pm to
Posted by slackster
Houston
Member since Mar 2009
85430 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 fallguy_1978
Best States #50
Member since Feb 2018
49029 posts
Posted on 1/27/21 at 10:04 pm to
quote:

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.

Almost every platform went down at almost the exact same time for 30 minutes - Etrade, Fidelity, Schwab etc? Unless the actual exchanges claim they went down that seems extremely unlikely.

I work in IT and I'm pretty experienced with web traffic and it taking sites down. The likelihood of them all going down at once being a coincidence is almost 0.
This post was edited on 1/27/21 at 10:07 pm
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