Investment & Investing

Restrictions being placed by various trading platforms seem to be dampening things down, GME down 13ish% ($300) shortly after opening bell.

Automatically halted as down more than 10%. Is this the start of the fall? Have BR arranged something with Melvin?

If so it's going to be a crazy day.

WSB are livid as Robinhood have pulled AMC and GME from being tradable

Volume jumped from 5m to 9m within a few minutes.

I don't think BR would want to risk reputational damage if found out to have a deal with Melvin?

'Due to BUY restrictions placed by our intermediary and every major execution venue worldwide, GameStop will be placed in close-only mode. New BUY positions can't be initiated, existing ones can be reduced or closed'

• Trading212 in app
  
  

Robinhood have done the same. GME dropped $200 off pre-market since, it was above 500!

What is going on??

AMC down 30%+ on open, this is wild

They've done the same with AMC. No buying. You can only sell your position and once you do you can't buy back in. Of course it will go down.. and they know that.

What is going on??

The wrong kind of person was making money. Long established players were losing money.

Everyone come and put your money in the market! Wait, no, not like that!

just passed 420

I'm going to buy a $TSLA at this rate

I got some. I'm up. LOLz

https://www.rt.com/business/513851-gamestop-australia-shares-mistake/

Haha

Looks like early doors was a whole load of people realising some profit with limit order sales above $400. And some of the shorters being forced to cover their positions at this price - ouch.

Don't think there's much SELL on the order book for GME right now, not below $500 anyway.

Look at the jump SIGL made on 11th Jan due to people mixing it up with the Signal/Telegram app stuff.

https://www.google.com/search?client=firefox-b-d&q=sigl (and then click on '1 month').

$5 to $40 and back down in pretty much a day.

Cash out at 8 dollars profit? nah. Not cashing out till it gets to 10 dollar profit 🚀🚀🚀

1 share so a whole 60USD

Actually, now +30%

Same thing happened with 'Zoom' last year too https://fortune.com/2020/03/26/zoom-stock-halt-zm-ticker/

https://www.youtube.com/watch?v=60H-NmTDKc4&ab_channel=StockMarketsWithBruce

Some excellent dad energy here. Dude's an ex-trader and explaining the situation beautifully. He also just said that the share interest is still at 60million or so – 10million shares over what's available. The price is only going in one direction... (unless GME issue some more shares)

Anyone else going in for lithium mines atm

+58%

Ok it suddenly went to $0

WTF did they do?

Are you having as much fun as I am? Lolz

What platform did you use?