Sales halted (periodically evidently,)on GameStop, AMC, etc

Just in case you’re not aware in the US, it’s evidently ok for a hedge fund to game the system with short sells, but when hundreds of thousands of individual investors, the markets will freeze, or cancel your sell orders without notifying you.

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Screenshot from the Cash app, taken after the hedge fund was allowed to exit the stock

The hedge fund that was the target of this last particular attempt claimed to have closed out positions yesterday (although there’s some debate as to whether they did, or whether they just said they did to drive stock prices down.) Everyone who helped drive the price of stock up is finding out today that the markets have spoken, no profit, ability to sell or get out, or anything for you.

Or not, story developing…

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Paul E King

Paul King started with GoodAndEVO in 2011, which merged with Pocketables, and as of 2018 he's evidently the owner. He lives in Nashville, works at a film production company, is married with two kids. Facebook | Twitter | Donate | More posts by Paul | Subscribe to Paul's posts

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