- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
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 fightin tigers
Posted on 1/27/21 at 9:23 pm to fightin tigers
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.
3
Posted on 1/27/21 at 9:27 pm to slackster
quote:They may not. But it's clearly on the table.
They won’t. Not sure why anyone who understands the SEC, Finra, or the Fed would think this.
Posted on 1/27/21 at 9:30 pm to go ta hell ole miss
possibly my favorite thing about tigerdroppings is when people are so confidently and arrogantly dead wrong but double, triple down.
Posted on 1/27/21 at 9:33 pm to fightin tigers
They filed shelf registration in December after they reported. So they do have a shelf of shares they can sell at market price.
Posted on 1/27/21 at 9:36 pm to fallguy_1978
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 on 1/27/21 at 9:36 pm to Nation of Buga
If you think the government and the major hedge funds aren’t in cahoots then you are seriously blinded by ignorance. It’s beneficial for both parties to have each other’s backs. It’s time for a revolution
Posted on 1/27/21 at 9:39 pm to AUCE05
quote:
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.
Oh it wasn't just trading in these stocks. You couldn't even login or access the sites or apps, and it was almost all of them at once for a solid 30 minutes.
Posted on 1/27/21 at 9:42 pm to goofball
quote:The vast majority of this continue will remain sheep with their head in the sand. As long as they can watch their Kardashians and the Bachelor, nothing else matters
If the SEC or Fed steps in to help the Wall Street institutions that shorted GME....
....and cracks down on small retail investors who discussed a stock on a message board.
Would that finally convince some of you that we are all subjects to the ruling class rather than citizens of the USA?
Posted on 1/27/21 at 9:45 pm to USMEagles
quote:
You cannot, in the USA, parlay leaks into stock runs into profit... no matter how shabby your basement is.
Nancy Pelosi Buys Tesla Calls, Stands To Benefit From New Biden EV Plan
So you think Nancy Pelosi had no clue about Biden's plans for switching the federal fleet to electric vehicles?
This post was edited on 1/27/21 at 9:45 pm
Posted on 1/27/21 at 9:48 pm to castorinho
quote:
They may not. But it's clearly on the table.
But it’s not going to be at the expense of retail investors. They’re not going to bail out hedge funds, and there isn’t a tool in the bag that can stop GME from happening. They can delay it, at best.
Posted on 1/27/21 at 9:49 pm to bbrownso
quote:
So you think Nancy Pelosi had no clue about Biden's plans for switching the federal fleet to electric vehicles?
Anyone that has been surprised by a single Biden action simply hasn’t been paying attention.
Posted on 1/27/21 at 9:55 pm to TexasTiger89
quote:
He woke up this morning to it now being worth $200K. This guy is only 23.
And he is about to learn about the progressive tax system...
Posted on 1/27/21 at 9:58 pm to fallguy_1978
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 on 1/27/21 at 10:01 pm to slackster
If they take any action, it's not going to help the retail investor. Otherwise they wouldn't take any in the first place.
Posted on 1/27/21 at 10:01 pm to fightin tigers
quote:This is WAY exacerbated by the extremely short position.
The autist on reddit may not realize what they have started.
Posted on 1/27/21 at 10:04 pm to slackster
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
Posted on 1/27/21 at 10:06 pm to fallguy_1978
quote:
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.
All the commission free sites going down as GME skyrockets and the DJIA falls 600 points in the first half hour is just your typical day in March 2020.
You get what you pay for on those platforms.
Posted on 1/27/21 at 10:09 pm to castorinho
quote:
If they take any action, it's not going to help the retail investor. Otherwise they wouldn't take any in the first place.
I’m not nearly as cynical. See the re-adoption of the uptick rule, for example.
Posted on 1/27/21 at 10:23 pm to slackster
quote:
I’m not nearly as cynical. See the re-adoption of the uptick rule, for example.
Man, you may not be following this thing closely.
I'm usually the "benefit of the doubt" naive guy, but this is pretty clear to me and I have no skin in the game.
Posted on 1/27/21 at 10:23 pm to goofball
I don’t understand why any intervention by anyone is necessary. Is this not a free market? A ton of people bought GME on /r/wallstreetbets and I’m sure the hype picked up beyond that. Everybody shorting it-140% float. It goes up, people buy more, the shorts are buying their spots. It’s like a casino stock. But if it’s a free market, why not let it be just that? If you have visited that subreddit you’ll see this is damn near the only ‘big win’ for them. I believe in passive investing like Index funds and ETFs is best for most people. 11% return over time. But if people want to short a stock and internet culture has people throwing stupid money at a stock-let em do it. I’m sure they’ll give all that money right back in time. Just my opinion.
Page 4 of 14
Popular
Back to top
Follow TigerDroppings for LSU Football News