I don't even get the play here, the purpose of the people doing the gamestop thing is to fuck with them, closing the market is more enticement than a threat imo.
Nah, the purpose of them buying the stock is because hedge fund managers were shorting the stock and causing average investors to lose money during a time when many are out of work. It is a flex of will, money, and numbers. Moreover, it will force the SEC to regulate hedge fund managers who are culprits behind recent crashes, but who are consistently given taxpayers money to bail them out.
Exactly; the people doing this are mostly people doing it because they can do it. Halting the market is just further encouragement it's having the intended affect.
I don't even get the play here, the purpose of the people doing the gamestop thing is to fuck with them, closing the market is more enticement than a threat imo.
Nah, the purpose of them buying the stock is because hedge fund managers were shorting the stock and causing average investors to lose money during a time when many are out of work. It is a flex of will, money, and numbers. Moreover, it will force the SEC to regulate hedge fund managers who are culprits behind recent crashes, but who are consistently given taxpayers money to bail them out.
prob would be seen that way!
Wallstreetbets is the 4chan of wallstreet
Exactly; the people doing this are mostly people doing it because they can do it. Halting the market is just further encouragement it's having the intended affect.