Last time freetrade’s FX partner let them down plus their US partner reduced volume to a fraction, in both cases they worked through the nights and weekend to engineer solutions and stayed transparent on twitter and on here. You don’t need to worry about them.
And through it all the sell function was fine even when buy was disabled.
I imagine if they need to they’ll lift the sell limit but it can’t be above EU expansion or SIPP rollout in priority to the business.
You would assume that any problems encountered last time have been addressed - particularly the FX partner issue.
Arguably the issue for Freetrade in all of this is that it literally has thousands of customers who own Gamestop shares. $GME is one of the most popular shares traded on this and similar platforms in recent times. IF the stock rockets, people will want to take profit along the way. If the sell button is switched off or limits aren’t sufficient then people who have invested their money in good faith could find themselves missing out on a once in a lifetime opportunity. I am absolutely sure that Freetrade does not want that.
wow
i suspect a lot of freetrades new business and street cred depend on this.
with that communication, i’m very, very concerned.
if it turns out the FX provider is Barclays whom have been exposed, there may be legal repurcussions.
I noticed that when GME is down all people flock here to complain about the 25k or accusing freetrade to be part of some sort of conspiracy. When GME is up much less nagging.
Do you think this is a coping mechanism or some sort of unconscious stress relief technique?
I don’t know but either way it’s pretty exhausting 
just curious tbh
GME is down? I’m 138.97% up. If it stuck at the current ‘down’ position, I’d still be quids in. GME isn’t even down much today -0.01%. As for stress, wait until you see what will happen if it really goes up.
There is a certain irony that I bought £20 on GME when it was already overpriced a week ago, not because I was expecting it to go up, but because I wanted to be part of whatever it turns out to be. And after the drops yesterday, GME is now my best performing stock.
Ironically, it’s the ultimate market hedge, Ralf.
I meant down for the day, anyway just a pattern that I have noticed most likely I am wrong.
Congratulations on your profit, hope the future will bring more green candles for you.
Just a word of caution, I think would be better to say “if it really goes up” instead of “when”. Could be misleading people to think that is the only possible outcome.
Certain subreddits won’t be able accept it, but I think any sort of truly significant squeeze is unlikely at this stage. The line that those who absolutely need the squeeze to happen cling to, that hardly anyone is selling, is becoming more tenuous now - as I said a few posts up, making this stock very boring, with suppressed upward momentum and a slow gradual bleed downward, is proving fairly effective as expected. A small but growing number of people in retail are tired of just waiting for something exciting to happen again, and the bona fide hard data just isn’t there anymore to promise anything spectacular for the foreseeable - plenty of shares are being made available to borrow (i.e. to sell short) at little relative cost, and some bearish sentiment is creeping back in under the radar (at least in terms of anticipating huge short-term gains again anytime soon).
My focus is now squarely on the business transformation currently underway, which holds much more solid interest right at this moment and is legitimately worth getting excited about. There are obviously still bears around that too though, still stuck on the whole bricks & mortar thing rather than how hard they’re looking like going for it in the online marketplace, speedy delivery and so on. Early days, but it’s not looking bad at all to me.
I’ll be very pleasantly surprised if the price hits even $200 again anytime soon, but hopefully the more it bobs around the sub-150 mark the more it’ll attract buyers in from various angles like with previous dips, and we might get a decent push if enough buying pressure ever turns up again. With any luck a whale might trigger something and then the FOMO chain reaction can kick off once more
Dear Stockholder:
We invite you to attend our Annual Meeting of Stockholders on Wednesday, June 9, 2021 at 10:00 a.m., Central Daylight Time, at our corporate headquarters located at 625 Westport Parkway, Grapevine, Texas 76051. At the annual meeting, you will be asked to:
(1) Elect six directors, each to serve as a member of the Board of Directors until the next annual meeting of stockholders and until such director’s successor is elected and qualified;
(2) Provide an advisory, non-binding vote on the compensation of our named executive officers;
(3) Ratify our Audit Committee’s appointment of Deloitte & Touche LLP as our independent registered public accounting firm for our fiscal year ending January 29, 2022; and
(4) Transact such other business, if any, as may properly come before the annual meeting and at any postponement or adjournment of the annual meeting.
Only stockholders of record as of the close of business on April 15, 2021 (the “record date”) are entitled to vote at the annual meeting and any postponement or adjournment thereof. Please see pages 9 – 12 for additional information regarding attendance at the meeting and how to vote your shares. This proxy statement provides information that you should consider when you vote your shares.
Your vote is important. Even if you plan to attend the annual meeting, we request that you vote your shares as soon as possible by following the voting instructions contained in this proxy statement.
The Nominees for CEO are as follows:
George E. Sherman - Current CEO
Alain (Alan) Attal - Former Chewy COO
Lawrence (Larry) Cheng - Co-Founder & Managing Partner of Volition Capital
Ryan Cohen - Former CEO, Founder of Chewy
James (Jim) Grube - Former Chewy CFO
Yang Xu - Senior Vice President of Global Finance and Treasury at The Kraft Heinz Company
Interestingly, as others shareholders have pointed out, the disclosures on page 26/27 indicate that the actual total tradable float of GME is 26.7M:
Napkin Math: 70,771,778 total shares
Top 6 institutions (removed RC)- 45.8%
Insiders- 16.5%
= 62.3% of shares or ~44.1M
70.8M total - 44.1M= 26.7M Shares Available (float estimate)
(reddit)
This is an incredibly small float.
In my assessment, it is statistically probable that retail investors own over 100% of the float, given the levels of buying that have occurred in the last 6 months. Since the Bloomberg terminal also reports institutions as owning well over 100% of the float, this would suggest a notable disparity in the reported short numbers.
In other words. Serious tendies.
Fair point, well made. I will adjust. And, for the record, I am still in the IF camp. Lots has to align before the conditions are right.
Something still doesn’t seem right about this whole situation.
Even if what that “napkin calculation” is true, then what? Surely the fact that normal people can go off and buy shares right now means that the hedge funds could also buy shares right now. The fact that they’re not doing that kind of suggests they don’t really need to, or at least not with any great urgency.
Even if retail investors did own all the stock, then what? It’s still not worth anything until someone is prepared to buy at whatever price they’re offering, and if they can buy the shares right now, but choose not to do so (even if it was in small quantities to keep it quietish), I don’t see how the squeeze will force the price higher later on. If nobody is buying, nobody is buying…
And even if the end-goal is for the SEC to get involved and discover that yes, more people own shares than actually exist, still then what? How can they decide a price at that point to compensate people who bought shares but never received them?
yep it is a F$%£ed up situation! Frankly it should be illegal to short and only REAL shares should exist and be swapped for the current price etc 
I do understand the attempt to screw the HF’s as they are just vultures who make a struggling business face a bigger uphill task but not sure this will actually end in such a dramatic scenario sadly. I got my 1 share at sell order for 2k just in case but happy to keep it long term as a normal share hoping GME turn it around.
Personally, I won’t be waiting that long as I only have 0.2 shares, and if things ever do get crazy, fractional shares will probably be first to get screwed over because we don’t really own anything. So, if by some miracle it reaches double what I paid, I’ll sell half. And then I’ll just watch and see what happens beyond that.
But I’m not interested enough in the experiment to buy a whole share. I treated my £20 buy in just like a ticket to a movie for the experience of being involved rather than an investment.
So, how do we vote with Freetrade? Can we get a proxy vote control number, or do we have to go via freetrade support?
you cant t&c
Directly from the t&c
If you elect:
So how do we do?