Current Events > GameStop Trading Should Be Halted for 30 Days, Says State Securities Regulator

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David1988
01/27/21 10:10:41 PM
#1:


https://www.barrons.com/articles/gamestop-trading-should-stop-for-30-days-says-state-securities-regulator-51611768563

I agree, we should give these institutional investors a chance to recoup their losses from the bets they placed.

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Irony
01/27/21 10:11:26 PM
#2:


No

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ToPoPO
01/27/21 10:11:26 PM
#3:


AMC let's GO
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David1988
01/27/21 10:12:02 PM
#4:


They already froze trading on GME and AMC on platform like TDtrade

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Grubhub
01/27/21 10:12:33 PM
#5:


Shut the fuck up, State Securities Regulator

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BignutzisBack
01/27/21 10:13:41 PM
#6:


They're going to pull some shit for sure like emergency regulations. Hopefully the people in on GME here come away with some coin but I see the big wigs closing the loophole because they're douchebags

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TheMikh
01/27/21 10:14:44 PM
#7:


maybe hedge funds should stop shorting beyond their means

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MACisBack
01/27/21 10:14:47 PM
#8:


BignutzisBack posted...
They're going to pull some shit for sure like emergency regulations. Hopefully the people in on GME here come away with some coin but I see the big wigs closing the loophole because they're douchebags

This

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Orchestrion
01/27/21 10:14:50 PM
#9:


State Securities Regulator Is a Giant Bitch, Says Me

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21WIVES_CHILL
01/27/21 10:15:08 PM
#10:


This happens often with penny stocks.... just weird how they havent done this before it to $40.
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tremain07
01/27/21 10:15:39 PM
#11:


Rich people screw over poor people all the time through shady backroom deals and insider trading
This is fine
Poor people manage to go by the rules to fuck over the greedy rich and make them suffer the consequences of their own game
NOOOOOOOOOO YOU CAN'T DO THAT!

More rules for thee not for me bullshit by the elites. Fuck'em all!

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#12
Post #12 was unavailable or deleted.
Abiz_
01/27/21 10:16:29 PM
#13:


BignutzisBack posted...
They're going to pull some shit for sure like emergency regulations. Hopefully the people in on GME here come away with some coin but I see the big wigs closing the loophole because they're douchebags
Only way you close this "loophole" is to make it so they can't short stocks over 100%.
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theAteam
01/27/21 10:18:39 PM
#14:


This is why I haven't gotten back in after selling. These fucks have limitless ways to try and weasel their way out of having to own up to the consequences of their decisions. Using the media and going through voices like this jamoke to artificially put selling pressure or even using regulation as a means to stop their bleeding.

They aren't remotely playing by the same rules.

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David1988
01/27/21 10:19:24 PM
#15:


Just shows how the government bends over backwards for these people. Meanwhile, the ordinary people gets less than a measly $2000. The major issues facing this country arent a Democrat vs Republican issue, its blatant bullshit like this that happens at every level when the bottom line of those at top are in question.

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Veggeta X
01/27/21 10:20:02 PM
#16:


Eat the rich

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Abiz_
01/27/21 10:21:28 PM
#17:


David1988 posted...
the ordinary people gets less than a measly $2000.
Actually wouldn't be surprised if you see people get less than 600 next time. They don't want the poor people doing fuck wallstreet with vengeance 2.
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Dreepapult
01/27/21 10:22:03 PM
#18:


tremain07 posted...
Rich people screw over poor people all the time through shady backroom deals and insider trading
This is fine
Poor people manage to go by the rules to fuck over the greedy rich and make them suffer the consequences of their own game
NOOOOOOOOOO YOU CAN'T DO THAT!

More rules for thee not for me bullshit by the elites. Fuck'em all!
^ exactly

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ToadallyAwesome
01/27/21 10:22:53 PM
#19:


Whats also interesting is that if they do freeze it that then we only have a free market as long as things go according to plan. Not trying to ape the Joker quote but it fits all too well

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BilalPowell
01/27/21 10:23:34 PM
#20:


We can't call many of these redditers poor people anymore.

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21WIVES_CHILL
01/27/21 10:24:54 PM
#21:


BilalPowell posted...
We can't call many of these redditers poor people anymore.

You do realize that the other half did lose money right?
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untrustful
01/27/21 10:25:20 PM
#22:


I guess instead of dumping their money into gamestop stocks, they should've dumped money on their congressional representatives to fix a system that will only let gamestop stock go so far.

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Returning_CEmen
01/27/21 10:27:40 PM
#23:


Marx warned us of this, Capitalism alienates us from our profits!
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3PiesAndAFork
01/27/21 10:41:37 PM
#24:


What are the chances this doesn't go through? Shorting stocks as always been a massively risky proposition.

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21WIVES_CHILL
01/27/21 10:42:56 PM
#25:


They do have a system in place for this. They halt trading for any stocks showing big signs of volatility. Reversal is coming soon and shorters are going to be coming in big this week.
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21WIVES_CHILL
01/27/21 10:44:00 PM
#26:


3PiesAndAFork posted...
What are the chances this doesn't go through? Shorting stocks as always been a massively risky proposition.

That's what stop losses are for.... but most people dont even have any sort of stop loss measure in places for any open positions.
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ScazarMeltex
01/27/21 10:44:41 PM
#27:


It's bullshit that once again a bunch of gamblers are going to get someone to bail out an investment they made that blew up in their faces. There will be regulations put in place to make sure this can't happen again, rather than force the people who made bad bets face up to the fact that they made bad bets.

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ToPoPO
01/27/21 10:46:08 PM
#28:


ScazarMeltex posted...
It's bullshit that once again a bunch of gamblers are going to get someone to bail out an investment they made that blew up in their faces. There will be regulations put in place to make sure this can't happen again, rather than force the people who made bad bets face up to the fact that they made bad bets.

Yeah and then when you want student loans forgiven they go "YOU KNEW WHAT YOU WERE GETTING INTO PAY UP"
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BignutzisBack
01/27/21 10:49:24 PM
#29:


21WIVES_CHILL posted...
They do have a system in place for this. They halt trading for any stocks showing big signs of volatility. Reversal is coming soon and shorters are going to be coming in big this week.

Wut, what do you mean reversal

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tremain07
01/27/21 10:50:39 PM
#30:


BignutzisBack posted...
Wut, what do you mean reversal
Basically the rich dicks get all their shit back instead of facing up to what they screwed up

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SPE
01/27/21 10:50:49 PM
#31:


So theyre pretty much admitting that trading is sort of a game so a few elite people can make money, and the common man isnt supposed to.

the stock market is no different from a casino I guess

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#32
Post #32 was unavailable or deleted.
theAteam
01/27/21 10:52:14 PM
#33:


SPE posted...
So theyre pretty much admitting that trading is sort of a game so a few elite people can make money, and the common man isnt supposed to.

the stock market is no different from a casino I guess

We can make money, just not control what direction things are going. The funds always have the advantage except this time they do not.

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BilalPowell
01/27/21 10:52:36 PM
#34:


SPE posted...
So theyre pretty much admitting that trading is sort of a game so a few elite people can make money, and the common man isnt supposed to.

the stock market is no different from a casino I guess
It's pretty easy for the common man to make money. Just buy a stock at random, make sure it has no lawsuits or bankruptcy and sell in a year. Or just buy the S&P 500.

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CM_Ponch
01/27/21 10:55:13 PM
#35:


ToPoPO posted...
Yeah and then when you want student loans forgiven they go "YOU KNEW WHAT YOU WERE GETTING INTO PAY UP"
This needs to become the rallying cry

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21WIVES_CHILL
01/27/21 10:56:25 PM
#36:


SPE posted...
So theyre pretty much admitting that trading is sort of a game so a few elite people can make money, and the common man isnt supposed to.

the stock market is no different from a casino I guess

No, it's only gambling if you're randomly buying stocks and expecting it to go higher without having any sort of other reference as a basis to your decision (level 2s, SPY/QQQ market timing, resistance and support areas, longer TFs, etc).

If the stock market was gambling, then it would be safe to say that everyone who has some sort of retirement account is also gambling.
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Bio1590
01/27/21 10:56:35 PM
#37:


David1988 posted...
Just shows how the government bends over backwards for these people. Meanwhile, the ordinary people gets less than a measly $2000. The major issues facing this country arent a Democrat vs Republican issue, its blatant bullshit like this that happens at every level when the bottom line of those at top are in question.

What a weird post to make from someone who was firmly planted to Trump's asshole for the last 5 years.

Guess you really are trying to hide who you are using this renaming huh
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SPE
01/28/21 8:37:04 AM
#38:


21WIVES_CHILL posted...
No, it's only gambling if you're randomly buying stocks and expecting it to go higher without having any sort of other reference as a basis to your decision (level 2s, SPY/QQQ market timing, resistance and support areas, longer TFs, etc).

If the stock market was gambling, then it would be safe to say that everyone who has some sort of retirement account is also gambling.

the moment hedge funds lose and the little guy wins they fucking close trading and securities regulators intervene.

Id not be surprised if they change rules to make this kind of WSB stuff illegal too.

its just as rigged as a casino


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Human_Username
01/28/21 8:50:58 AM
#39:


David1988 posted...
https://www.barrons.com/articles/gamestop-trading-should-stop-for-30-days-says-state-securities-regulator-51611768563

I agree, we should give these institutional investors a chance to recoup their losses from the bets they placed.
So people that lose cash on lottery tickets or "get rich quick" schemes also deserve to be reimbursed... Right?

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Tactical_Spork
01/28/21 8:57:06 AM
#40:


America is broken and no vote will ever change that

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ThunderTrain
01/28/21 8:58:23 AM
#41:


When congressmen made money after getting briefed about Coronavirus that's cool. When normal people fuck the system to be able to pay off their debts and make outrageous amounts of money that's terrible and needs to be changed.

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FabIe
01/28/21 9:03:39 AM
#42:


"If poor people are worried about only getting a $600 stimulus, they should invest it instead of spending it."

"WAIT NO NOT LIKE THAT"

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ElatedVenusaur
01/28/21 9:09:58 AM
#43:


"Won't anyone think of the millionaire hedge fund ghouls who got defrauded by a bunch of Internet trolls?"
I'm sad there are people who would unironically believe that statement(minus the "ghouls"), as though this isn't standard practice and it's only being cracked down here because the wrong people are getting screwed.
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Doom_Art
01/28/21 9:10:20 AM
#44:


I wish people would stop being morons with this

This is a usual thing that happens when there's big moves.

It's not the evil gubmint out to stomp on you

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gunplagirl
01/28/21 9:12:59 AM
#45:


FabIe posted...
"If poor people are worried about only getting a $600 stimulus, they should invest it instead of spending it."

"WAIT NO NOT LIKE THAT"
Right?

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RetsuZaiZen
01/28/21 9:13:45 AM
#46:


He can go pound sand

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