T212 just been useless, will check back this evening, hoping that Corsair hits $50-60 as be the second time its done it, first time I doubled up and hoping to get reasonably close again, I also say to myself though as I've watched many shares go insane, only NIO I was part off and let run for it and always say to myself when you see another share doing something crazy stick a grand in it for a few days and see how it plays out, but I always for some reason forget this and just sit back and watch and then couple of days later kick myself.
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- Thread starter mcast123
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T212 just been useless, will check back this evening, hoping that Corsair hits $50-60 as be the second time its done it, first time I doubled up and hoping to get reasonably close again, I also say to myself though as I've watched many shares go insane, only NIO I was part off and let run for it and always say to myself when you see another share doing something crazy stick a grand in it for a few days and see how it plays out, but I always for some reason forget this and just sit back and watch and then couple of days later kick myself.
Soldato
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- 25 Nov 2005
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Yes, though different exchanges/countries may apply different rules (unsure about that).
Not really, if they have to cover, they buy then sell straight away and take the loss. the only people who'll be holding the bag near the top are the late retail people not knowing that its insane price for something worth 10/20 bucks, maybe its worth 30/40 if there is a legit turnaround play happening
Soldato
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- 3 Oct 2009
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Imagine being the guy that started it all off. He's probably on around 40m right now from a 50k investment. As of yesterday still holdingI'm tense with GME and i have a whole £100 riding on them
I think I'd have to be hooked up to a defib if I had £10000 on them like some people do...
If the broker calls them on it, they have to buy and give the shares back, right? Then the broker can hold or sell.
The main market maker is citadel, they aren't going to sit there and just eat losses
yes - but since the broker makes fees off the "Loaned" shares, they don't often call them in....If they do, the the shorter will just go elsewhere next time and give the fat fees to someone else.
Mental. I'm half glad that isn't me because my heart just wouldn't be able to take the strain of seeing me losing a couple of million, then gaining a couple of million 2 minutes later. The only way i'd get through it is by being drunk
Soldato
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- 12 Feb 2006
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Not a fan of these t212 purchase delays. Put in an order while it's well under my purchase limit, and it's taken so long it jumps right back well above.
Just since 2:30 for me, I did manage to fund just before it all kicked off.
Soldato
- Joined
- 25 Nov 2005
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- 12,716
it booted me about 10mins after NYSE opened and won't let me back on. the live page starts to load the the website then says I need to logback in and that's the problem....
they had like a week almost to get better servers it's not hard they probably just don't care and see it as a "small surge" so suck it up and deal with it.
hope they lose tons of customers.
you can already tell if there's an actual stockmarket crash anyone in 212 is basically screwed, cos you think logging in now is bad
This is a pretty unique scenario so I guess it's up to the broker to see where this is going as they'll make more capitalising on the received shares than on interest; but they're probably all billionare buddies to some extent.
They've eaten billions already but I assume they have some sort of strategy in place to limit losses.
