The Stock Market, Investments, and Investing Thread
(02-03-2021, 10:02 PM)Contrarian Expatriate Wrote:
(02-03-2021, 07:28 PM)SC87 Wrote: Trading platforms shouldn't be able to restrict buying or selling.

As someone who was an active day trader, I can tell you they all do periodically for legitimate reasons.  They place restrictions on the numbers of trades in and out of certain stocks in one day, they restrict trades using yet to settle funds in your account (freeriding), and they often have restrictions on trading penny stocks.

But I agree that a short squeeze should not be one of those reasons.

GME might get to my target below $30 much much sooner than I anticipated.  Classic bubble pop as well as a pump and dump by the media. 

The way bubbles work, usually it goes below the price it all started. Considering it all begin the beginning of the year, in the high teens, that's actually the place it will probably go to flush out all the amateur traders. They must lose most everything before it finds a bottom

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RE: The Stock Market, Investments, and Investing Thread - by akms76 - 02-04-2021, 04:43 PM

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