GameStop episode 4: A new Hope of stonks

[MECCA1000]

Any of you heard rumors that Nokia bout to be next to get this same run?

 

[Mook]

Any of you heard rumors that Nokia bout to be next to get this same run?

They stopped us from trading that too

 

[Jimmy from Linkedin]

It's not the brokerages doing this, it's the clearing houses they use. They have no control over this. Clearing houses like Apex changed the status for those tickers to Closing Only Order status. You can still sell and close out options contracts. You just can't buy or open.

whoa.

how'd you find out about this?

 

[beenz]

 

[CreepyMcCreeperson]

 

[Breh13]

The game was never fair.

socialism for the rich, capitalism for the poor.

 

[Dr. Acula]

 

[MasterOfAllHeSurveyz]

whoa.

how'd you find out about this?

It's common knowledge if you've been trading longer than the advent of COVID like most of the people complaining. Heck, I got this in my email before I locked in my last order for GME.

 

[newworldafro]

Isnt Cammamal's affiliated with this app?

 

[newworldafro]

It's not the brokerages doing this, it's the clearing houses they use. They have no control over this. Clearing houses like Apex changed the status for those tickers to Closing Only Order status. You can still sell and close out options contracts. You just can't buy or open.

Interesting.

 

[Why-Fi]

wait they are selling peoples stock automatically?

 

[Professor Emeritus]

Out in the open with it.

 

[GoldenGlove]

This is fukked up, I didn't have a position in any of these but this goes to show you how the systems in place are designed for the wealthy. Once the middle class started cracking the code, these institutions went scrambling.



These muhfukkas got played and needed to get saved after losing billions in the matter of days

 

[malleymal]

Damn... this is crazy to see play out. I am not touching this until we get some shyt in order. Good luck to you brehs in the middle

 

[julesocean]