Yes, to stabilize the price. And you can't necessarily blame the platform, you blame the clearing house. If the clearing house, Apex, for instance, won't take buy orders, what power does the brokerage have? none. Your last statement makes it seem like you're okay with this whole idea taking peoples' money who had no part in it. That's sad and something that should have been thought about in advance, if it was a concern at all.
I agree. But at some point there will no longer be any buyers at $500 and everyone will start selling. One thing I know is the fall is fast and furious. It the people holding the stock are committed to it, why not let the stock freeze for a minute? We already know the fund can’t meet the margin. Not even close. The way I see it the people dying to get in at $500 will just lose it all once the true market price settles and this “war” ends. More people will lose money. Just my opinion.
Yes, to stabilize the price. And you can't necessarily blame the platform, you blame the clearing house. If the clearing house, Apex, for instance, won't take buy orders, what power does the brokerage have? none. Your last statement makes it seem like you're okay with this whole idea taking peoples' money who had no part in it. That's sad and something that should have been thought about in advance, if it was a concern at all.
I agree. But at some point there will no longer be any buyers at $500 and everyone will start selling. One thing I know is the fall is fast and furious. It the people holding the stock are committed to it, why not let the stock freeze for a minute? We already know the fund can’t meet the margin. Not even close. The way I see it the people dying to get in at $500 will just lose it all once the true market price settles and this “war” ends. More people will lose money. Just my opinion.
it is not ok to shut down buying to save billionaire’s asses