GameStop & AMC - Available for Trading

This only really benefits them if they sell off some of their shares like a rights issue.
The higher stock price doesn’t help their cash flow so most of the time this can be irrelevant.

It can also be a bad thing as if they used their increased balance sheet to get more debt this could send them down faster.

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Or issue more stocks, with these higher valuations.

(Finally someone not emotional and with knowledge.)

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Hi David, can you confirm if $BBBY has been prevented from having new positions (long or short) in CFD’s? I currently have open positions but it seems that I am unable to open more short positions.

  1. strong buy sentiment → price rises
  2. brokers remove buy button but leave sell button
  3. price drops
  4. add buy button back → price shoots up

totally not market manipulation to bail out people who shorted a stock >100%. someone please explain to me how this is legal

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There are a multitude of scenarios on how this could play out, and I won’t claim that I know which it will be if even any of the ones I mentioned.

All scenarios have very large assumptions and will almost certainly play out very differently

1: Gamma squeeze with a short squeeze following
The gamma squeeze indeed happens, forcing the short squeeze as well and GameStop doesn’t manage to issue any shares in time. Retail manages to sell directly to covering hedge funds. Also assumes that when the time comes regulators/brokers also function normally. this scenario is likely if the rumours that hedge funds couldn’t cover because the volumes were too low could were true. This is the best scenario (especially if hedge funds lied about covering) for retail. Not necessarily for GameStop themselves.

2: Squeezes with a share offering
The squeezes happen (if the hedge funds didn’t actually cover the price would even rocket further) but then GameStop also issues shares. In this scenario, GameStop could offer shares at, bellow or above market price to the market or directly to troubled hedge funds. If issued at market it could become a fight between retailers and hedge funds for those shares (really difficult to say what would happen) or if offered directly to hedge funds (even if offered at above market price) this also might not end well for retailers. The best scenario for GameStop themselves as they got some fundamental value out of this.

3: Squeezes don’t happen
Hedge funds are already much less exposed and stay in way longer than expected or short even more now, market makers already did their delta hedging correctly before the end of today, regulators step in or a multitude of other things which caused a crash which scares out all :page_facing_up: :raised_hands: and large losses occur. :gem::raised_hands: are left as bag holders and GameStop price returns to normal, GameStop couldn’t raise capital in time and only got media attention from this.

4: Squeezes don’t happen share offering
Same as above but GameStop manages to get a share offering in in time (maybe even causing the above) and profits, or doesn’t manage to offer shares in time and still offers shares after this whole thing is over.

For some this might be interesting:
GameStop Corp., NYSE:GME | Short Interest | Flagged Changes | Largest Shorts | Cost To Borrow - ORTEX (just open in incognito if u used your free page views)

Last confirmed number short interest was 61m and the current estimate is 38m (I don’t know how they came up with this estimate, it doesn’t say). We honestly just don’t know until the exchange confirms it. Ortex was far off before (in both directions) and this estimate would be in tone with Melvin Capital among others actually being out. Still a lot of shares short and the possibility for a gamma squeeze today but if the funds actually managed to cover that much that surely isn’t good news for retailers, not game-breaking but surely not good. So take this number of shares short with a shovel of salt.

Also would find it difficult to imagine market makers just waiting around and not preparing, am quite skeptical of a gamma squeeze happening today but we’ll see.

It might still moon it might crash, nobody knows at this point. The only certainty is volatility.

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So, I see that alot of people are saying to put a Sell Limit on your GME & AMC stock. What does this actually do? Apart from sell your shares when the market hits that price?
Is it something to do with people shorting your shares?

It depends if you own them or not, but most likely it is based on the fact that having a market order (via a sell limit that gets assigned a market order number) prevents the broker from lending your shares taking them off the market. If you just buy and hold with no other market order then your broker might lend your share to derivatives traders (like CFDs => in a normal market environment this is not a bad thing as it allows brokers to make some money and offer product for free :wink:).

Let’s hope it will not get closed again!

This means that it was not the decision of T212 to close it ?

About GME:

"The problem — forget about the insider selling — eventually the company works against you because they’re sitting with over $1 billion in debt. So if you want to take the stock higher and the company says tomorrow, 'hey, we’re going to issue 30 40, 50 million shares, you can’t blame them. They’re operating a business, and someone’s hijacked their story.”

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Quick question:
Are limit sell orders active after hours?
In other words if the price of the stock reaches the limit in after hour or premarket times, does the sell get executed?

I had a Facebook limit buy executed in after hours yesterday. I had placed it 10 minutes before market close and it executed about 5 minutes after close at 265, slightly less than the closing price of 265.10. Wish it had not since price today is even less.

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Exactly as we said above…

You can’t blame them if they know they are looking at bankruptcy in the future they have nothing to lose by trying to raise some capital now while this is happening which obviously causes the stock to drop meaning more people need to buy into it just to keep it at the same levels.

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Hello i am new here but I couldn t open today any BUY orders and all of my friends too. There isn t anymore a Live Chat option to ask questions like before. I wrote an email tried to call the customer service and so on.Now I found this community and just want to get an answer. It wasn t only Gamestop or AMC it was not possible to buy anything!

Thanks

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No you are unable to trade in after hours or pre market, a slipped order may have a different time stamp but it still would have executed during opening hours

and this evening indices could not be bought? What is this?

T212 is trolled nicely on reddit! and for a reason! Even new members are not able to open an account!! Do u think they will ever come back!

They are not able to open an account as there are too many new applications being made so they have stopped while they catch up?

There’s no point selling more tickets when there will be no seats

So what is it that makes you put restrictions on buying silver cfd when it’s on the up? Your intermediary again?
Can anyone tell me where to go to actually be able to buy silver and not just lose on sells…
Removing comments when the have some agreement ain’t a good look

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Good luck getting an answer every question I post gets removed!

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