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Started By
Message
1
Posted on 1/29/21 at 8:51 am to rocket31
quote:
yea something is off here
People aren’t selling
Posted on 1/29/21 at 8:51 am to rocket31
quote:
quote:
GME Under 10M
yea something is off here
Everyone is holding and no one is selling.
Posted on 1/29/21 at 8:52 am to rocket31
I don't know if the fact that there's not much buying/selling action going on is a good or bad thing. I would think it's a good thing with the impending squeeze if everyone just holds, but Citron must have one final desperation play going on behind the scenes.
This post was edited on 1/29/21 at 8:53 am
Posted on 1/29/21 at 8:52 am to 13SaintTiger
And why would they?
At this point people know that the shorters are required to buy starting today, so they aren’t going to sell until the price peaks and the shorts start to get covered.
At this point people know that the shorters are required to buy starting today, so they aren’t going to sell until the price peaks and the shorts start to get covered.
Posted on 1/29/21 at 8:53 am to teke184
Right, theoretically if NO ONE was selling, wouldn't the bid price just keep ticking up until people finally started buying?
Posted on 1/29/21 at 8:53 am to TexasTiger34
UK Freetrade was forced to halt trades and are deeply unhappy with the sudden decision. Big institutions getting fricked right now. This is big.
LINK
LINK
quote:
Due to a sudden and unexpected decision by our FX provider, and their bank, to limit our volume of trades, we have been forced to disable buy orders on US stocks today. We're deeply unhappy with this decision and we are doing everything possible to rectify the situation.
Posted on 1/29/21 at 8:54 am to teke184
What time can we expect it to start raining men in suits?
Posted on 1/29/21 at 8:54 am to xenythx
The desperation play is probably a federal bailout of the hedge funds and brokers under the same auspices of the 2008 administration.
It happening in the opening month of a new administration vs the waning days of a lame duck administration makes a huge difference in how this could be handled.
It happening in the opening month of a new administration vs the waning days of a lame duck administration makes a huge difference in how this could be handled.
Posted on 1/29/21 at 8:54 am to 13SaintTiger
yea they are filling orders in small blocks. huge trades are not executing
Posted on 1/29/21 at 8:54 am to SLafourche07
quote:
Right, theoretically if NO ONE was selling, wouldn't the bid price just keep ticking up until people finally started buying?
Yes. Either the balloon pops or regulators step in.
And slackster said short cover was over
Posted on 1/29/21 at 8:55 am to Ingeniero
Not sure, but not for the reasons you think.
Most big buildings like this intentionally block roof access and the ability to open windows for this reason. On top of that, the pandemic has pulled what remaining traders were on the floor off of it, meaning that these guys are likely at small offices somewhere instead of in a Manhattan skyscraper.
Most big buildings like this intentionally block roof access and the ability to open windows for this reason. On top of that, the pandemic has pulled what remaining traders were on the floor off of it, meaning that these guys are likely at small offices somewhere instead of in a Manhattan skyscraper.
Posted on 1/29/21 at 8:55 am to Ingeniero
quote:
What time can we expect it to start raining men in suits?
Could be as soon as today, or as late as next week into infinity if you hold. Barring an intervention
Posted on 1/29/21 at 8:57 am to SLafourche07
Which is what supposedly happened yesterday right when there was the stop in RH traffic and the price crashed.
Supposedly the stock price hit infinite because there was a ton of demand and no supply. And someone’s sell order at 2500+ actually executed.
Supposedly the stock price hit infinite because there was a ton of demand and no supply. And someone’s sell order at 2500+ actually executed.
Posted on 1/29/21 at 8:57 am to Ingeniero
Jim Cramer now no longer “on the side” of retail investors?
Calling for the feds to step in.
Calling for the feds to step in.
Posted on 1/29/21 at 8:57 am to 13SaintTiger
I've been on the sidelines for this the entire time. (Kicking myself each step of the way).
But I can't decide if I should jump in or not.
But I can't decide if I should jump in or not.
Posted on 1/29/21 at 8:57 am to 13SaintTiger
quote:Holy shite, this really is so much bigger than Melvin Capital going belly up. This may end up being a complete system failure
Due to a sudden and unexpected decision by our FX provider, and their bank, to limit our volume of trades, we have been forced to disable buy orders on US stocks today. We're deeply unhappy with this decision and we are doing everything possible to rectify the situation.
Posted on 1/29/21 at 8:58 am to Stiles
yea something very odd is happening with the trade executions
Posted on 1/29/21 at 8:58 am to TigerTatorTots
Much like the past election, the total lack of faith in the system to be honest is going to be a killer.
Posted on 1/29/21 at 8:58 am to 13SaintTiger
quote:Yea well that guy has been wrong on nearly every topic he chimes in on
And slackster said short cover was over
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