GameStop Suspension

Yes Game may or may not have gone over the top but the idea of short selling should be banned. So if the hedge funds experience loss like we do, all is good…let the GAME begin :rofl: :joy:

Why do you believe short selling is wrong? I get that a bunch of greedy hedge funds shorting more than 140% of shares is mental but there is a lot of “positive short selling”.

There are good activist short sellers that expose hidden fraud, whether that be in dodgy foreign companies listed on US exchanges defrauding investors by manipulating accounts, falsifying revenue etc. Or it be a company like Nikola that lied about their product and misrepresented its capabilities. I encourage you read some of such reports from activist short sellers. An awful lot of work goes into them (most good ones are 20+ pages of financial analysis, on-the-ground evidence from factories, “office buildings” etc.) and without the ability for those researchers to profit, it wouldn’t take place and the fraud would continue right under everyone’s noses.

Look what they did just now to:

### reddit wallstreetbets

Well I’m sat here at 23.49 and it’s been a crazy day - I was sat there working and watching Bloomberg - I stayed well away from the markets today, just concentrated on Forex (had a crazy day one of my best ever) I don’t think this carnage and outage was unique to T212 there seemed to be many other institutions having issues. However T212 need to do better, just too many issues of late e.g my 2 Factor Auth just stopped working today…why!

This was the day the little guy stuck it on the big guy and watching some financial news feeds today I can tell you they don’t like it one bit. The Nasdaq and TD Ameritrade both restricted trading today…and the regulators are already making noises about how they can stop this happening in the future.

They can manipulate the market, but the small guy gets shut down…irrespective of what they do next, something changed today, you can smell the fear - I look forward to the next instalment.

Oh and I don’t hold a position in GameStop.

bitcoin is the single best investment anyone could have made over the last ten years, hardly comparable

Saw this on twitter, don’t know where they got it from and can’t see it myself but it makes sense. The mods have temporarily set the community to private before to clean up after an influx of new accounts, I guess if this screenshot is real then they’re just trying to make sure Reddit don’t have an excuse to ban them.

I just made a post :slight_smile:

WHY AMC IS DOWN AFTERHOURS: Hedge fund managers, Short sellers, and Market Makers are using their extended hour trading to scare retail traders (You) off. Most retail traders (You) lack the ability to trade before and after the market opens/closes. This is why it is currently down. Once retail traders (You) are able to get back in at market open tomorrow, this will again go up. This is an attempt to scare ppl away from the stock. It will happen every single evening for the next several days so be prepared for this. If it is to stressful for you, please put away your phone/computer and check again

If you want to know what is happening to AMC please click on the link below :slight_smile:

No your right, for those that bought in 10 years ago, they’ve seen some magical returns. For those people that bought in at the 20k high in 2017 and saw the value drop 80%, it wasnt such a great investment. I suspect we are in a similar bubble here and will see a similar or worse drop, hence the comparison. Whether it’s a good comparison or not that’s down to opinion.

Here’s another example from 2008

https://www.google.co.uk/amp/s/amp.ft.com/content/0a58b63a-4294-3e07-8390-c3aabef39a26

This was driven more by market makers than retail user demand, so didn’t see it as quite the same.

Definitely not a bubble :slight_smile: supply and demand

67.4b traded in last 24hrs

:rofl::rofl::rofl: :rofl::rofl:20 characters long

Do you really believe crypto is a bubble market?

I don’t know is an honest answer. It’s high volatility, and with multiple variations out there, how do you place value in a single unit denomination of any.

We could even create a trading212 coin today - how much would that be worth?

All boils down to liquidity really. If T212 had a token (which I’ve suggested before) to trade against shares and stocks instead of using cash bypassing the FX fees we incur, fixed supply of tokens and people using it rather than cash the sky’s the limit.

On average there is around $140 billion plus transacted in cryptocurrency. Bitcoin is the main crypto used to trade against those with a 62% dominance in market.

It’s a safer, faster, cheaper way to transact cross borders and internationally.

Governments/Central Banks across the world just print money out of thin air with nothing to back it and more people are starting to realise it can’t go on forever. That’s the real bubble

So you censored the community? What a champs

Just seen that Trading212 restricted GME only to Sell. So you can’t buy but “force you” to sell. I never believed the conspiracy crap but this here we are. I have bought a big chunk of GME so guess how this feels like.

I’ve backed them up throughout this sort of crap before but it’s now evident that they are only allowing normal slow trading, anything out of the ordinary and they stop you from making any money

I’m already checking othwr brokers/apps. This is so disgracefull!

does this mean my pending orders wont go through when the market opens?

You don’t have to sell. You just can’t buy more.

Nobody is being forced to sell. If you read the message it says no new positions can be opened. You are free to sell what you have, or hold it, just not buy more.

The restriction will be lifted when the crazy stops.