they DS is trying to figure out how to stop the Trump train since it will send all their favorite social media company's straight down the drain
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Maybe they didn't hear for the first 6 years but THIS TRAIN HAS NO BRAKES
The automated “circuit breaker” halts are 10 minutes. I’ve been involved in them in several different stocks and it’s always 10 looong minutes.
Not true.
https://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts
A normal automated halt is 5 minutes.
From Investopedia….
Special Considerations The table below outlines the acceptable trading ranges used to regulate individual securities within the current system of circuit breakers. If trading outside of these bands persists for 15 seconds, activity is halted for five minutes. The reference price is calculated using the average price over the previous five minutes but the maximum allowed pause is 10 minutes.
I’ve had to sit and wait through 10 minute halts many times, on many different stocks. I keep a lot of cash in my brokerage, so that when I see a stock that’s shooting up parabolic I can instantly buy, then quickly resell. I’ve been lucky taking advantage of that volatility, but I have to deal with trading halts when doing that. I’m not arguing with whatever the rule claims, I’m just saying in my real life experience it’s always been 10 minutes.
exactly. i think they screw with the order book to bounce from low bids to high asks with the market orders so they can trigger the longer breaks when they want to. i've sat through plenty of ten minute breaks and nearly everytime the bid/ask spread seems like it would be impossible to come up with.
This is serious fuckery.
Maybe DWAC is meant to crush the social media DS while GME is meant to crush the DS hedge funds, banks, and even Bezos for their fuckery over the years?
that's exactly what's going on... truth media starts calling out the DS on all their propaganda without any censorship and where are people gonna go for their content? when a decent movie comes out...oh yeah AMC is part of it too :)
In order to have a "trade" you need a buyer willing and able to buy, and a seller willing and able to sell. Trading is halted when these two people can't be matched up. This isn't manipulation, it is just trying to maintain an orderly market.
Right now as you can see, there are a lot more buyers than sellers.
yep. i can't wait for the trump press conference about this one. maybe it will be Jr?
Trump Draino I like the sound of that