so gme can drop at the speed of light without a halt, but as soon as it rises...halt?
You bet your ass
Got back in on amc and I have to hold all day or else I'm a pattern day trader lmfao in at 7.99 let's take this ride
I'm looking for $75 - $100 tbh
Do u know if the hedgies shorted this stock?
Do u know if the hedgies shorted this stock?
AMC? Yes. It's the second most shorted stock currently I'm pretty sure.
AMC? Yes. It's the second most shorted stock currently I'm pretty sure.
So if we buy, it can increase the stocks so that and then they'll make another loss?
I’m awake! Ether!!!!
ETHEREUM
can someone more educated than me explain how a stock can just halt like that?
Circuit Breaker Halt: Volatility Pause Code: LUDP
A halt on a Volatility Pause is one of the most common types of circuit breaker halts in the market. If a stock moves up or down too quickly within a 5min period it can cause an automatic circuit breaker halt that will pause trading for 5min.
This helps smooth volatility in the market and prevent flash crashes. It forces traders to take a 5min time out, research the stock, news, etc. Often times if a stock is spiking up and is halted, it will reopen higher.
Inversely, a stock selling off will often open lower.
I have seen examples where a stock spikes up 10% in 2min and gets halted for 5min, reopens and immediately spikes another 10% and gets halted a 2nd time for 5min, reopens and spikes another 10% and gets halted for 5min a third time, reopens, sells off 10%, and gets halted going back down.
can someone more educated than me explain how a stock can just halt like that?
When the price increase or decreases too much in a 5 minute period. Can't remember the threshold for it to trigger though