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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 10:56 am to
Posted by Jor Jor The Dinosaur
Chicago, IL
Member since Nov 2014
7220 posts
Posted on 1/29/21 at 10:56 am to
quote:

GME is unbelievably steady. wtf is going on?
Everyone's holding
Posted by BilJ
Member since Sep 2003
162114 posts
Posted on 1/29/21 at 10:56 am to
terrible football season, extended coaching searches for LSU, extended election traffic, and now this. Traffic has to be hitting some all time highs for chicken
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466271 posts
Posted on 1/29/21 at 10:56 am to
quote:

He really should have been iron man.


Posted by teke184
Zachary, LA
Member since Jan 2007
103138 posts
Posted on 1/29/21 at 10:56 am to
Citadel, I have come to bargain!
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
14470 posts
Posted on 1/29/21 at 10:57 am to
Volume is about 75% what it was yesterday at this time. And yesterday is was very low compared to Mon-Fri. I expect fireworks this afternoon.
Posted by Stiles
Member since Sep 2017
3454 posts
Posted on 1/29/21 at 10:58 am to
quote:

Citadel, I have come to bargain!



Oh this has to be made
Posted by notsince98
KC, MO
Member since Oct 2012
21373 posts
Posted on 1/29/21 at 10:58 am to
quote:

Volume is about 75% what it was yesterday at this time. And yesterday is was very low compared to Mon-Fri. I expect fireworks this afternoon.




so platforms may still be keeping the retail investor down a bit?
Posted by Ingeniero
Baton Rouge
Member since Dec 2013
22077 posts
Posted on 1/29/21 at 10:59 am to
Wasn't yesterday held down by RH restricting anything but sell orders? If I'm understanding correctly and volume is down 25% from THAT, we're about to see some shite
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
11240 posts
Posted on 1/29/21 at 11:00 am to
5 GME purchase limit on Robinhood
Posted by notsince98
KC, MO
Member since Oct 2012
21373 posts
Posted on 1/29/21 at 11:00 am to
quote:

Wasn't yesterday held down by RH restricting anything but sell orders? If I'm understanding correctly and volume is down 25% from THAT, we're about to see some shite


many platforms stopped retail from buying GME yesterday, not just RH.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40297 posts
Posted on 1/29/21 at 11:00 am to
quote:

so platforms may still be keeping the retail investor down a bit?


RH is only letting people buy and hold 5 shares each.
Posted by greygoose
Member since Aug 2013
14295 posts
Posted on 1/29/21 at 11:01 am to
quote:

Volume is about 75% what it was yesterday at this time. And yesterday is was very low compared to Mon-Fri. I expect fireworks this afternoon.

2pm forward should be off the chain!
Posted by teke184
Zachary, LA
Member since Jan 2007
103138 posts
Posted on 1/29/21 at 11:02 am to
Posted by notsince98
KC, MO
Member since Oct 2012
21373 posts
Posted on 1/29/21 at 11:05 am to
GME starting to climb now.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40297 posts
Posted on 1/29/21 at 11:05 am to
Can anyone explain how it gets halted going up like 5% over 20 minutes but they will let it get crushed 30% before halting on the way down?


Lmao.

The first few days the halts made sense and appeared to be automatic. The last couple of days...not so much lol
Posted by sonoma8
Member since Oct 2006
8086 posts
Posted on 1/29/21 at 11:06 am to
Anyone selling at $420?
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18371 posts
Posted on 1/29/21 at 11:06 am to
It’s happening isn’t it?
Posted by Breadstick Gun
Freeport, FL
Member since Apr 2009
10386 posts
Posted on 1/29/21 at 11:06 am to
quote:

GME starting to climb now.


yep, up to $373.50
Posted by teke184
Zachary, LA
Member since Jan 2007
103138 posts
Posted on 1/29/21 at 11:07 am to
Don’t know for sure but “oops my finger slipped” may be in play.

Shutting down trading likely means that requests are stopped but that outstanding trades may be consummated.

Of course, it seems awfully coincidental that they keep throttling purchases but the sells are allowed to go through all at once and drive down the price.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 11:08 am to
3k
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