General Why aren't you dorks talking about gamestonk hilarity?

Welcome to our Community
Wanting to join the rest of our members? Feel free to Sign Up today.
Sign up
BeardOfKnowledge

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
61,792
56,985
Leigh said:
I was using your wording. Yes, they suspended buying because they got loaded with buy orders without enough sell orders to fulfill them.

If you haven't traded, I get that it's confusing. It's confusing to me too and I'm a (newbie) trader
Click to expand...
That still doesn't make any sense. Because they weren't allowing people to buy the stocks that did get sold during that period. They also dont hold all the GME stocks as far as I'm aware.

I'd also like to point out, the fact that any of this would be confusing to you of all people should indicate that the whole thing is a scam.
 
BeardOfKnowledge

BeardOfKnowledge

The Most Consistent Motherfucker You Know
Jul 22, 2015
61,792
56,985
O
kaladin stormblessed said:
on both of the two interviews I've seen now, cnn and cnbc, he's mentioned the collateral requirement at clearing houses

in terms of the "liquidity problem" question by the cnbc tool:
my interpretation is that the level and/or direction of trading on these stocks was not expected within the normal course of business. so the broker had to temporarily suspend one side of the action since it didn't have cash on hand to support more buys

but that doesn't mean the firm isn't liquid. it may have plenty of money set aside for emergencies on short term money market instruments. but those funds may not be available on T0 (takes a day or 2 or 3 to clear into cash, depending on what type of short term product we are talking about)

doesn't mean the firm as a whole has liquidity issues. just means they were not set to handling this amount an/or direction of market activity
Click to expand...
I just watched the CNBC one. There's absolutely no chance that he's making those statements in a dank room, wearing a sweaty t shirt because he's being held at gunpoint.
 
SoupCan

SoupCan

how bout dat
First 100
Jan 18, 2015
2,675
3,219
Instead of selling your sell orders couldn't you halt and adjust the price to something like 42069
 
M

member 1013

Guest
CornPop said:
That still doesn't make any sense. Because they weren't allowing people to buy the stocks that did get sold during that period. They also dont hold all the GME stocks as far as I'm aware.

I'd also like to point out, the fact that any of this would be confusing to you of all people should indicate that the whole thing is a scam.
Click to expand...
Cock tease
 
ShatsBassoon

ShatsBassoon

Throwing bombs & banging moms
First 100
Jan 14, 2015
18,604
33,624
www.commondreams.org

'Cry Me a River': Sanders Hits Back as Billionaire Investor Whines About Potential Tax Hikes Amid GameStop Fiasco | Common Dreams

"Oh look, another billionaire is mad that he might have to pay more taxes while children in America go hungry and veterans sleep on the street."
www.commondreams.org www.commondreams.org

'Cry Me a River': Sanders Hits Back as Billionaire Investor Whines About Potential Tax Hikes Amid GameStop Fiasco
"Oh look, another billionaire is mad that he might have to pay more taxes while children in America go hungry and veterans sleep on the street."
 
4

4112

Guest
ShatsBassoon said:
www.commondreams.org

'Cry Me a River': Sanders Hits Back as Billionaire Investor Whines About Potential Tax Hikes Amid GameStop Fiasco | Common Dreams

"Oh look, another billionaire is mad that he might have to pay more taxes while children in America go hungry and veterans sleep on the street."
www.commondreams.org www.commondreams.org

'Cry Me a River': Sanders Hits Back as Billionaire Investor Whines About Potential Tax Hikes Amid GameStop Fiasco
"Oh look, another billionaire is mad that he might have to pay more taxes while children in America go hungry and veterans sleep on the street."
Click to expand...
 
You must log in or register to reply here.
Top Bottom