What's your thoughts on the recent buy blocks on GME, BB etc from stock brokers? Do you think they are blocking people for they're own good or have they been pressured from hedgefunds / media to drive price back down?
Me personally, I don't think brokers have ever had people's safety in mind as such, so why now? I understand it is very unique situation but the brokers doing this favours price to move one way, which is ideal for the hedgefunds that have massive shorts on this stock.
Would a strong stern warning explaining current market volatility be more suited? As all traders (or most) know the risk that comes with trades like this
What's your thoughts on the recent buy blocks on GME, BB etc from stock brokers? Do you think they are blocking people for they're own good or have they been pressured from hedgefunds / media to drive price back down?
Me personally, I don't think brokers have ever had people's safety in mind as such, so why now? I understand it is very unique situation but the brokers doing this favours price to move one way, which is ideal for the hedgefunds that have massive shorts on this stock.
Would a strong stern warning explaining current market volatility be more suited? As all traders (or most) know the risk that comes with trades like this
Thoughts?