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re: So I bought some Gamestop(GME)

Posted on 1/29/21 at 2:48 pm to
Posted by DeathValley85
Member since May 2011
17273 posts
Posted on 1/29/21 at 2:48 pm to
quote:

Wow. Sometimes you just have to tip your hat to the Internet


*fedora
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 1/29/21 at 2:48 pm to
Everyone holding their breath?
Posted by slackster
Houston
Member since Mar 2009
85420 posts
Posted on 1/29/21 at 2:48 pm to
quote:

The chairman of interactive brokers said on live tv that they weren’t going to resume normal trading until to stock hit his personal price target


And that’s perfectly within their rights. Does it suck for the pump? Sure, but it happens on the downside too.

Trading platforms do not have to allow you to buy anything. Stocks exchanges have circuit breakers that trip on the up and downside. This has happened before and will happen again.
Posted by biggie
Member since May 2013
87 posts
Posted on 1/29/21 at 2:49 pm to
quote:

Exercise a call on 2/5, on today 1/29? That's possible?


You can exercise most options at any time before expiration.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/29/21 at 2:49 pm to
less go
Posted by xenythx
Member since Dec 2007
32446 posts
Posted on 1/29/21 at 2:49 pm to
I think this rise at the end might cause a momentum of buying.
Posted by boomtapp
Houston, Tejas
Member since Nov 2007
671 posts
Posted on 1/29/21 at 2:50 pm to
Literally no one knows what is going to happen over the next ten minutes. This is amazing.
This post was edited on 1/29/21 at 2:51 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:51 pm to
I can’t wait until 3:00:01 and I can breathe
Posted by DeathValley85
Member since May 2011
17273 posts
Posted on 1/29/21 at 2:51 pm to
quote:

And that’s perfectly within their rights


I feel like you're right...but it's a strange argument to have .

"They are rigging the game" vs "It was rigged already"

Matters all the same to me
This post was edited on 1/29/21 at 2:52 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/29/21 at 2:51 pm to
quote:

that’s perfectly within their rights


lol the inevitable lawsuits will suggest differently
Posted by Who_Dat_Tiger
Member since Nov 2015
18159 posts
Posted on 1/29/21 at 2:52 pm to
$400 after market or at least premarket Monday is my bet
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 1/29/21 at 2:54 pm to
but that's when the real fun begins
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 1/29/21 at 2:54 pm to
quote:

Trading platforms do not have to allow you to buy anything.


Right but to allow it and then suddenly stop when they are in over their heads is effectively changing the rules, pulling the rug, turning out the lights, taking their ball and going home. People got in under concept that “this is how things work”, because it’s been working like that for quite some time. How are you debating that? Whether it’s their right or not is not the point
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:55 pm to
frick here we go
Posted by sonoma8
Member since Oct 2006
7673 posts
Posted on 1/29/21 at 2:55 pm to
Took a dip a 326
This post was edited on 1/29/21 at 2:56 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31353 posts
Posted on 1/29/21 at 2:56 pm to
This is insane. I really thought today would be the massive profit taking and floor falling out.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:56 pm to
HOLD 320
Posted by xenythx
Member since Dec 2007
32446 posts
Posted on 1/29/21 at 2:56 pm to
quote:

This is insane. I really thought today would be the massive profit taking and floor falling out.


Not over yet. HOLD!
Posted by TxWadingFool
Middle Coast
Member since Sep 2014
4403 posts
Posted on 1/29/21 at 2:56 pm to
Hold the line.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 1/29/21 at 2:56 pm to
GO GO GO GO
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