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  1. #21
    https://twitter.com/robinhood/status...86505873625091
    mrgoodkat, cookie09, bdw and 4 others like this.

  2. #22

    Join Date
    Feb 2019
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    3,240
    Quote Originally Posted by Elefant&Castle:


    I heard RobinHood app is rebranding anyway - they are going to be "Sheriff of Nottingham Capital Management" from tomorrow
    aw451, alexdown, foxwendal and 1 others like this.

  3. #23

    Here is the founder and chairman of IB being interviewed about the trading stop in GME.
    Weird camera angle in his home setup.

    https://youtu.be/kV_P8wnY854


  4. #24

    Join Date
    May 2012
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    1,186
    Quote Originally Posted by foxwendal:
    it has no impact on whether or not you can sell the stock

    [...]

    you can still sell as you like and it’s up to your broker then to recall the borrow from the counterparty and cover the borrow for their client elsewhere.
    ...but this is based on the assumption that the broker can in fact cover the borrow with stocks from somewhere else...what if it can't? (those are extraordinary circumstances, it seems)

  5. #25

    Join Date
    Dec 2002
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    薄扶林
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    - They're allowing trading and GME etc are up 50% in off-hours trading.
    - RH says the freezes were due to capital requirements etc ... no clue what buggery this is

    https://www.cnbc.com/2021/01/28/robi...customers.html

    https://www.cnbc.com/2021/01/28/robi...ter-hours.html


  6. #26

    Join Date
    Jan 2010
    Posts
    6,452
    Quote Originally Posted by Elefant&Castle:
    Are we now supposed to take financial advice from AOC?

    2 weeks ago she was all for private companies being allowed to with whoever they want.
    Last edited by mrgoodkat; 29-01-2021 at 09:02 AM.
    shri and foxwendal like this.

  7. #27

    Join Date
    Dec 2009
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    311
    Quote Originally Posted by alexdown:
    ...but this is based on the assumption that the broker can in fact cover the borrow with stocks from somewhere else...what if it can't? (those are extraordinary circumstances, it seems)
    Worst case scenario, the borrowing counterparty has to buyback the stock. risk of recall (which the broker always retains the right contractually) and stability of the borrow a real thing they have to manage and consider for their short exposure which, like the bitcoin lending market, drives the rates up for how much they're willing to pay for securing a borrow. "stable" stock positions (longterm buy and hold positions in wealth management or pension funds for example) have higher value in the lending market.
    shri likes this.

  8. #28

    Sold at the bottom

    One more - days range in gme: 112.25 - 483.00

    https://twitter.com/555Sunny/status/1354854993946406917

    shri likes this.

  9. #29

    Join Date
    May 2012
    Posts
    1,186

    Ibkr chairman saying they stopped trading to "protect the clearinghouse and the brokers" because "the other side of the trade" doesn't have the money to pay their losses

    https://youtu.be/7RH4XKP55fM

    shri, Sage and AsianXpat0 like this.

  10. #30

    Join Date
    Jan 2010
    Posts
    6,452

    **delete**


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