Log In
Register
Home
Topic RSS
Facebook
Twitter
Email this9:20 am
September 7, 2018
Offline
Bud said
My finger is on the sell button. A few brokerages have already shut down preventing their clients from trading. Im a bit worried I won't be able to access my stocks given the long wait times on the phone.
I was not aware any brokerages have "shut down". While discount brokerages such as iTrade may have long wait times on the phone these days, there is no problem buying or selling - you do your buy or sell order(s) online - you only need an agent for something unique. Perhaps you deal with a full service broker and you cannot reach your rep. That is unfortunate (and unusual) if full service reps are not responsive.
10:14 am
September 11, 2013
Offline
I've heard of some USA cheap rate brokers not executing trades requested by redditors, etc, not heard of any shutting down either.
Bud, I'm guessing there are better forums than this one if you're looking for answers on this thing.
2:41 pm
February 20, 2018
Offline
canadian.100 said
That is unfortunate (and unusual) if full service reps are not responsive.
Actually it is the full service brokers and their assistants who are more responsive lately. It's unfortunate many have gotten out of the stock pickin' business for managed as more investors could use a sound board or second opinion from someone with access to info.
If the discounters can't handle the business by now without glitches its been goin on for years excuses then they should be required to hand over certificates or some evidence our investments can be withdrawn easier.
Investors with hundreds of thousands now have to reconsider their weighting in stocks they are not as hard an asset as they use to be.
5:21 am
September 7, 2018
Offline
Bud said
Actually it is the full service brokers and their assistants who are more responsive lately. It's unfortunate many have gotten out of the stock pickin' business for managed as more investors could use a sound board or second opinion from someone with access to info.
If the discounters can't handle the business by now without glitches its been goin on for years excuses then they should be required to hand over certificates or some evidence our investments can be withdrawn easier.
Investors with hundreds of thousands now have to reconsider their weighting in stocks they are not as hard an asset as they use to be.
Have read your post a few times - I really do NOT understand clearly what your points are.
5:59 am
February 20, 2018
Offline
Seems those for a broader bear market are cheering Gamestop the market seems to fall when it goes up. It's hard to know who's driving it it was suggested the fake news is trying to divide them by promoting a fake "kid silver rally".
10:59 am
February 20, 2018
Offline
The Gamestop promo is over wonder whats next on the docket.
12:29 pm
February 20, 2018
Offline
The entire fake news is claiming silver is the new gme not so the redditers have been blocked by wall street from buyin that name in greater volume. They can but once volume goes way up they will be shut down again. Does anyone see wallstreetbets talkin about silver much I dont except for ads.
Im finding not only is the investment news as unreliable as ever, and they have the nerve to charge, but they are now blocking public data unless one pays and often paid data is incomplete. Seems as the internet is movin toward a subscription model it's becoming less relevant.
9:06 am
February 20, 2018
Offline
Im confused if the market is so hot how could there not be enough liquidity for short sellers to sell their longs when they needed to raise cash.
"Channel checks" use to be illegal (watch s.a.c galleon frontline doc) they would hire consultants who'd contact employees pay them a fee for inside info. Now analysts dont even hide they call shop floor employees direct at companies they cover for information.
Share buybacks use to be illegal sec changed rule 25yrs ago. The main reason stocks r where they r listed companies pump their own shares for insiders on automatic sell to index funds.
Please write your comments in the forum.