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Bullboard - Stock Discussion Forum GameStop Corp GME

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across... see more

NYSE:GME - Post Discussion

GameStop Corp > Can someone explain to me how it’s legal
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Post by Francesco93 on Feb 24, 2021 4:46pm

Can someone explain to me how it’s legal

For GME to be halted until 4pm after a quick rally then turn around and un halt it soon at 4pm hit so that it can run to $150 and who knows where to by open tomorrow? Deliberate attempt to not allow any retail to participate in purchasing shares?
Comment by TotalCorruption on Feb 24, 2021 4:52pm
None of what the banksters do is ever legal! That's the whole point of what this community is doing! And I LOVE IT!! 
Comment by NeedAPool on Feb 24, 2021 4:53pm
It clearly looks like they have set this up to allow institutions to cover their short positions without the added pressure of the retail traders. The stocks are going up but nowhere near as fast as if this was happening prior to the after hours. Yet they will continue to investigate the Reddit folks!!!  The system is designed by and designed for a very select group of people. We are not ...more  
Comment by TotalCorruption on Feb 24, 2021 4:56pm
Correct Needapool! But NOW the old boomers are getting in too! We sorry to say mostly have more $. I bought in today just prior to halt & will continue to support the cause. I don't give a rat if I lose some $ in the process. How's it go lol? #eattherich?!
Comment by NeedAPool on Feb 24, 2021 5:06pm
I have no issue with people making money and getting rich! That's why I work and that's why I invest. It's also why people buy lottery tickets. BUT...when the deck is stacked in the favour of a select few, it is beyond frustrating. And then when some other group finds a loophole, or workaround, the rules are changed to help the greedy! It's nothing short of disgusting.  ...more  
Comment by whateveryousay on Feb 24, 2021 5:50pm
Obama tried to get a handle on Wall street corruption as part of the bail out package.I guess that didnt work out as planned now the big banks and brokerage houses have control of the markets nothing is regulated.At least nothing was until like you say someone else tried to get in the corrupt game.
Comment by TradingStock on Feb 24, 2021 6:26pm
This post has been removed in accordance with Community Policy
Comment by Francesco93 on Feb 24, 2021 8:23pm
Gotta say this comment is a little ridiculous... small investors lose anything.. I invest what I can afford to lose... nothing more and I continue to add to what I can lose from profits I make with my original what I can lose money lol... do I add additional money in to yes all the time why because I can lose it and it's never margin..  I think more people need to worry about purchasing ...more  
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