I canāt be certain and definitely donāt quote me on this but my gut says Freetrade will make this right, maybe this month free?
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We can only hope for something like that. Very frustrating.
Have you actually READ what theyāve said. This is not FreeTrade but their partner
I can now see that this isnāt an issue on Freetradeās end however I do hope that they are applying a lot of pressure to their providers.
Itād be fantastic if this could be resolved by market closingā¦
This is a Freetrade responsibility. They need to ensure the continuity of their business and services to their customers, no one else. Sole-suppliers are a such a typical risk to manage that I am astounded that such a critical operation was exposed in this way.
Whilst the comms are good, the impact of this is quite substantial to those traders involved. Good intentions or not, the end result is looking to be similar to Robinhood.
Well no, no it doesnāt.
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No, FT on TV could honestly state they have done everything they could. They have lost out on a lot of revenue because the BIG BANK let them down. They are victims too here. We are the little people and little Freetrade against the big institutions. The big banks will pay their fines and continue as normal.
That is why crypto is gathering pace.
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GME volume 2 days ago was 178 million, it would probably be higher today, but itsā¦44milion. Thatās how much this has been reduced.
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I am not happy with the services being provided by freetrade. I like this stock. I will buy this stock. I will hold this stock 
. Free markets are not meant to only be free for the rich.
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I know. How is that even possible?! Arenāt the people who made the decision to overshort GME supposed to be sophisticated investors?!
Iām all for short sellers. I think they bring true value to the table by identifying fraud and risking their money with a short position. I see them as private detective who funds himself, a watchdog that provides important information to everyone else. If memory serves Enron happened because short sellers noticed something was off.
Short sellers are often demonised, depicted as being the bad guys. I donāt buy into that idea for I believe the ethos, the real one, or the one that should be the real one, is positive and useful to everyone, even if only for the action of identifying fraud.
What I donāt get is how come it is possible to short 120-140% of float. Arenāt these people knowledgeable enough to know that is very risky?! No common sense?! Arenāt they supposed to know theyāre going to get sodomised if they are caught with their pants down?! Are we talking about toddlers here?!
Precisely. And whereās the root of it?! Isnāt the overshorting?! Isnāt there almost no limit to how much money can be gained?! Is it ok to overshort the stock of a company, with what I can easily conceive as market manipulation, with what appears to be an attempt to bring a company to its knees, but itās not ok to when seeing the king is naked (that is overshort), to buy and keep buying the fabric that would allow the king to cover himself?!
This is the main issue. And is not to be overlooked. Thou shalt not overshort.
Bad companies should be allowed to go bankrupt so good companies can thrive. Iām not overshort. Iām not their mommy. I feel no sympathy whatsoever. If anything I feel sorry for those short sellers who want to do their job, the real one. Itās the ability to sell naked shorts that causes the issue. It is illegal but it still happened. How can that be?! If overshorting is possible, then the consequence must also be possible. There must be balance. Not double standard. I understand they are fighting for survival. I didnāt dig the hole. Those who overshorted did. And those people are not simpletons. They were aware of the risks. Yet they persisted.
There are no free lunches. Or so I am told. But Iām no hedge fund manager who decided to short GME in an overshort that lead to the creation of an opportunity for a short squeeze
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Well if you consider the apes with bananas analogy that people have been using to explain short selling. itās possible to borrow the same banana twice, and sell it twice.
Not saying itās right, but itās not impossible
Best part isā¦ the hedge funds KEEP SHORTING THESE STOCKS!!
Loads of short positions on GME have been closed over the past few days, but short interest is still at ~115%.
Itās absolutely outrageous. The hedge funds are literally making it worse every day - risking the entire economy; they do not give a **** about anyone besides themselves and their pockets.
Eh? I lost 30% of my fund value PURELY Zbecause my order to sell would not execute. I donāt mean was in a ling queue - it just disappeared on more than ine occassion. I was 25% in profit but it all stuck for long enough to go down 50%. This was not the risk I had envisaged. Sorry if my wrath is misdirected at you but I think you should be aware of peoples upset and sensitivities. It is not all our fault where we were geared up for it.
Actually overshorting reminds me of something else. A very common practice amongst american airlines: overbooking a flight.
I think is bad practice
Edit: might be a cultural idiosyncrasy
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Lmfao youāre going to whinge for Ā£10 off ?
Ffs 
With respect, if thereās limited people buying and plenty people selling then the price will tank - when the price is overinflated, then this is to be expected.
Absolutely, Iām sorry to hear itās caused losses (for me included, Iām not sitting pretty from this) but with the instability cause by the whole process there was always going to be the danger of scenarios like this happening.
Whether they should be happening or not is a whole other story - but as the saying goes, play with fire youāre gonna get burned.
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You are correct. Citadel are invested heavily in, Robinhood
Still incorrect though to say Citadel owns Robinhood, the actual facts are damning enough, no need to undermine them with misinformation.
IG restricting new trades on Monday - ārestrictions will be reviewed regularlyā.
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