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Charles Schwab and Ameritrade halted GME trading to protect the scumbags.

Posted on 1/28/21 at 7:22 pm
Posted by Da Sheik
Trump Tower
Member since Sep 2007
7938 posts
Posted on 1/28/21 at 7:22 pm
I suggest pulling your money out of these financial establishment oligarchs who hate the avg American investor.
This post was edited on 1/28/21 at 8:47 pm
Posted by burger bearcat
Member since Oct 2020
8853 posts
Posted on 1/28/21 at 7:24 pm to
Damn and I just opened up a CS account since they seemed somewhat unpolitical and was going ti rollover an IRA. Are any of these institutions dont suck?
Posted by KosmoCramer
Member since Dec 2007
76519 posts
Posted on 1/28/21 at 7:25 pm to
Reading through the posts on r/wallstreetbets, many think the market almost exploded due to lack of shares to trade not just of GME, but everything. Like seconds away from NASDAQ armageddon.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/28/21 at 7:27 pm to
quote:

I suggest pulling your money out of these financial establishment oligarchs who hate the avg American investor.
No, thanks. Besides, I made several trades this morning on Schwab without any restrictions or problems.
Posted by teke184
Zachary, LA
Member since Jan 2007
95601 posts
Posted on 1/28/21 at 7:28 pm to
Sounds like a good time for firms to start calling the fricking shorts then.
Posted by Madking
Member since Apr 2016
47879 posts
Posted on 1/28/21 at 7:29 pm to
Remember when media and TV told us it was only Republicans protecting the corruption on Wall Street?
Posted by Da Sheik
Trump Tower
Member since Sep 2007
7938 posts
Posted on 1/28/21 at 7:40 pm to
Did you try buying GME?
I’ll hang up and listen
Posted by PUB
New Orleans
Member since Sep 2017
18225 posts
Posted on 1/28/21 at 7:41 pm to
Yep
Posted by Robin Masters
Birmingham
Member since Jul 2010
29773 posts
Posted on 1/28/21 at 7:43 pm to
But they totes allow us to have free elections where The People decide.

Posted by Da Sheik
Trump Tower
Member since Sep 2007
7938 posts
Posted on 1/28/21 at 7:46 pm to
Down vote from LSU Russian LMAO
Posted by Old Hellen Yeller
New Orleans
Member since Jan 2014
9417 posts
Posted on 1/28/21 at 7:48 pm to
Schwab was working for me today, albeit a little buggy. Had to attempt some trades multiple times before it would go through.
Posted by C
Houston
Member since Dec 2007
27824 posts
Posted on 1/28/21 at 8:26 pm to
I had trouble logging in first thing this morning but I think it was just them being overwhelmed. I’ve had no issues with any trades the past few days.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/28/21 at 8:26 pm to
I put a limit order in but the price rose quickly and didn’t fill for several minutes and I didn’t want to chase the price so I cancelled the order. Schwab didn’t restrict the order.
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 1/28/21 at 8:38 pm to
They're all gonna do the same thing

That's why it pissed me off so much that so many supposedly Patriotic Americans were against the Capitol storming. Whether it was Antifa, BLM, or Trump supporters. People are going to wish pretty damn soon they would have burnt it down.

This is not going to end well for the average American.
Posted by burger bearcat
Member since Oct 2020
8853 posts
Posted on 1/28/21 at 8:40 pm to
TransAmerica site is bogging down bad right now.
Posted by Musashi
South Louisiana
Member since Dec 2020
371 posts
Posted on 1/28/21 at 8:40 pm to
Schwab was working today. You could buy the short squeeze stocks. There was a point in which I couldn’t search for them though but things returned to normal. Overall I’d be very comfortable with an established brokerage like Schwab compared to some of the newer ones like RH etc...
Posted by Hurricane Mike
Member since Jun 2008
20059 posts
Posted on 1/28/21 at 8:41 pm to
quote:

Reading through the posts on r/wallstreetbets, many think the market almost exploded due to lack of shares to trade not just of GME, but everything. Like seconds away from NASDAQ armageddon.


We're talking about the same people that exaggerated Q posts. Can they do something good? Yes, but most are wackos that blow everything out of proportion. They affected a couple stocks, it's not like they created a flash crash or anything like Wall Street did.
Posted by Da Sheik
Trump Tower
Member since Sep 2007
7938 posts
Posted on 1/28/21 at 8:44 pm to
They restricted GME trades. Did u try buying GME?
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/28/21 at 8:51 pm to
quote:

Schwab was working today. You could buy the short squeeze stocks. There was a point in which I couldn’t search for them though but things returned to normal. Overall I’d be very comfortable with an established brokerage like Schwab compared to some of the newer ones like RH etc...
Same here. I just went back through the messages Schwab posted today regarding trading restrictions and the only one I found related to GME was a tightening of the margin requirements on purchases.

That’s common for any stock that’s having abnormal volatility. I’ve seen Schwab do the same thing regarding Tesla over the years. It lowers the chance of having a margin call or a forced margin sale.
Posted by paladine36
Member since Feb 2013
1478 posts
Posted on 1/28/21 at 9:03 pm to
Peterffy Interview

Just listen to this shite
white house and the hedge funds came down on these apps like a hammer from God
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