Because the only folks making buckets of money are our dear frens, pedes, patriots, and WSB folks they despise. GEOTUS provides, yet the demons lurk in our way.
All stocks that rise or fall a certain % of the previous day's closing price within a certain amount of time get halted due to volatility. Some halts can be short but the more volatile jumps or dips cause longer halts.
DWAC is what is called a SPAC, a Special Purpose Acquisition Company. Also sometimes called a blank check company. The reason for this name, is that the company is formed solely for purpose of raising capital to merge or acquire other companies. They trade on the reputation of known business leaders (like Trump), and are given a lot of leeway with what to do with the money. SPAC's typically have 2 years to invest the money, or they must return the capital raised to investors.
Each broker may have different rules about investing in SPAC's, you would have to check with yours.
To anyone invested in GME, and are tempted to sell some to buy into DWAC, I would hold off on that. If you have spare funds set aside, and can buy DWAC, great(!), but I would not sell any GME, if it were me.
GME IS THE MOASS. We can all sense DWAC is playing a role in the show, but that does not take away from the fact that GME is the Moon Rocket.
It wasn’t stopped by RH or any other broker. It was automatically halted because the volatility triggered a circuit breaker. This is a standard procedure.
Only cucks use RH
We use several to monitor market manipulation. RH is a hotbed of corruption.
...also, TRUE!
Halted for 15 min for all exchanges.
Still frozen. Phuc.
No, they say they aren't freezing it. Don't believe those lying eyes, racist!
Dunno who "they" are but NASDAW says so: https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts#
I use fidelity as well as Robin Hood and fidelity was being a cuck yesterday with trading. They’re all sketch lol
They only fuck the consumer traders, not the big brokerages. We are at the mercy of tyrants, and the fall guys for the same.
Solid advice, and certainly we have. We still check in on corruption to know what's up, and RH is a hotbed of corruption.
It’s not just RH
True, but there is no halt for brokerages, just consumer traders.
im new to this why do they Halt this?
Because the only folks making buckets of money are our dear frens, pedes, patriots, and WSB folks they despise. GEOTUS provides, yet the demons lurk in our way.
All stocks that rise or fall a certain % of the previous day's closing price within a certain amount of time get halted due to volatility. Some halts can be short but the more volatile jumps or dips cause longer halts.
That's the lie we tolerate.
That's the lie we have been told and chose to tolerate.
It's not RH. The markets halted, and continue to halt every couple of minutes.
Can I buy DWAC from Canada? its not available on WealthSimple...
Good question! Would need to dig to see what markets it is listed on. Guessing just NASDAQ, but would need to read up.
There was some info posted yesterday u/Blurpy has the 411
DWAC is what is called a SPAC, a Special Purpose Acquisition Company. Also sometimes called a blank check company. The reason for this name, is that the company is formed solely for purpose of raising capital to merge or acquire other companies. They trade on the reputation of known business leaders (like Trump), and are given a lot of leeway with what to do with the money. SPAC's typically have 2 years to invest the money, or they must return the capital raised to investors.
Each broker may have different rules about investing in SPAC's, you would have to check with yours.
To anyone invested in GME, and are tempted to sell some to buy into DWAC, I would hold off on that. If you have spare funds set aside, and can buy DWAC, great(!), but I would not sell any GME, if it were me.
GME IS THE MOASS. We can all sense DWAC is playing a role in the show, but that does not take away from the fact that GME is the Moon Rocket.
Diamond Hands.
Pretty hard to find in the UK too.
Switch to Interactive Brokers.
It wasn’t stopped by RH or any other broker. It was automatically halted because the volatility triggered a circuit breaker. This is a standard procedure.
A trading halt was in effect.