NASDAQ just said people can shut down trading of specific stocks whenever they feel like it, interesting
(media.patriots.win)
posted ago by andrewjackson45
+163 / -0
Comments (8)
sorted by:
DEFAULT COMMUNITIES
•
Front
All
General
AskWin
Funny
Technology
Animals
Sports
Gaming
DIY
Health
Positive
Privacy
They've always done this....nothing new Just dont think they've ever seen a crowdsourced manipulation of a security like this before...
It's kind of a game changer. And it is really a big deal. It's legit not cool to go around short squeeze sniping...then again, I've never liked short selling. It's un-American somehow to me....
I'm fine with futures and options trading and what not....but short selling actual shares...not a fan
its not cool to go out of your way to short businesses affected by lockdowns, GME was like 140% short they deserve this
Yea the hedge fund guys getting short squeezed? Sure ... I guess. I mean. They got burned hard. It wont ever happen again now... As I said. Naked shorts are kind of a bullshit idea to begin with. Im fine w/ derivative securities (options etc) if people want to gamble. Imagine the margin call they woke up to...panic and doom ensues...
shorts had a purpose, a traded corp could borrow money agaist shares to get a rush of cash to save the company.
with interest rates so low, it is now cheaper for a corp to just borrow money directly and have it be tied to our monetization policies and not their stock
i agree, shorts are antiquated
$TWTR
Doesn't that mean NASDAQ is accepting liability for deciding to/not to close trading on a stock?
Translation cannot have serfs rising beyond their status.
Dont care wont stop buying the sweet sweet amc and gme