GameStop & AMC Entertainment In Reduce-Only Mode

what platforms can we use that don’t use interactive brokers?

Yeah. I guess you’re right. T212 remains one of the best EU broker I know though. 0 commissions, 0 exchange rate. I would be pissed if the company took a serious reputation hit just because of those 2 f*cking stocks and their lousy IB partners, you know what I mean… We’ll see :firecracker:

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$NAKD Naked Brand buy orders are rejected with no info!

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I’m sorry but if you normally make great burgers but don’t make the burgers themselves your still responsible for the burger being crap if the supplier screws up

Yes people I’m hungry excuse the metaphor

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Really disappointed about the amc suspension, cant believe lobbying won

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I am still holding amc, and will remain so

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@David when will be allowed to start trading again on these stocks? Some transparency would be nice

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Surely there should be an opt-out option. We choose to bear the risk. I have not been able to buy the stock for no reason, when I easily would have at these prices. Am I going to receive some compensation for this or what?

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Interactive Investor (ii) is working fine

You gotta take into account the company size and the lack of competition for the services that T212 needs to exist. IB is a massive company so they can do what they want and I’m not sure T212 has a plan B if they were to tell IB to go fuck themselves.

So yes you are right, T212 is responsible for their services but it’s not easy to deliver when your partner is bigger than you, has zero competition and screws up shamelessly every time the market encounter unusual volatility.

I wouldnt mind a burger as well :grinning_face_with_smiling_eyes:

I know right! It’s the lockdown I think it’s making me crave crap food

The system can’t do this though, they just can’t legally pick and choose what when and how we can buy or sell.

I feel like a sheep today

If buy restrictions are in place then sell restrictions should also be in place. Anything else is manipulation. Good luck with the court case.

Either way it doesn’t apply to them only to us.

They are basically saying stop ā€œthemā€ from trading while we make our money back

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my sell order for 1 stock isn’t getting executed for 10 minutes now, the hell?

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Same.

I’ll carry this heavy bag around until 212 let us buy again, probably when all the options expire tomorrow EOD.

Then watch the run up next week (He said with half-hearted optimism).

That’s for sure :+1:
I don’t really understand why they did that. Any clear explanation given ?

Nothing, they don’t even owe an answer apparently

@AJ86 what makes you think it will run up next week when the options actually expire tomorrow?

The fine from regulators is less than what they stand to lose in the free market

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Last time I checked, I didn’t sign up to use a managed brokering service - so you’re surely providing me a different service as to what was stated/I paid for.

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Theres also the element that the short sellers will owe the money to IB and in turn to t212 and in turn to us, funny how it all works isn’t it. Without us there is no short options

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