RE:RE:RE:Monday????? You failed to mention the part where GameStop and AMC on Friday both rallied while Blackberry continued lower what Robinhood did was completely criminal and caused Blackberry shares to crash and not recover... it just simply scared people that had gone long into selling.
NOMOREROLLBACKS wrote:
07:40 ET - In the News Also In the News (C-*SEC) U S Securities and Exchange Commission Also In the News (C-TD) Toronto-Dominion Bank The Globe and Mail reports in its Friday edition that small investors had been cheering their remarkable success in driving up the share prices of a motley group of companies, forcing hedge funds with huge short positions to back down and buy the stocks. The Globe's David Berman and Clare O'Hara write that now, several popular on-line trading platforms in the United States and Canada imposed strict limits on stock trades, ostensibly to save unsophisticated investors from making rash moves. Some smaller players, however, see it as Wall Street getting its way, again. GameStop, the video-game retailer that has emerged as the central character in this brazen conflict between amateurs and professionals, rose as high as $483 (U.S.) in early trading on Thursday, marking a bizarre 2,300-percent increase since Jan. 12. GameStop shares ended the day down 44 per cent. BlackBerry fell 42 per cent in New York and AMC Entertainment fell 57 per cent. Rising concern over the extraordinary surge in volatility and the role of vocal investors prowling chat rooms had already drawn the attention of the White House and the Securities and Exchange Commission. Robinhood and Interactive both imposed trading limits. In Canada, TD followed suit. TD FOR CAD LISTING FOR BB HAS HAD NO RESTRICTIONS. I BOUGHT 560 SHARES FOR $10,000 UNDER $18 CAD FUNDS SAME STICK AS US T. BB