Any part-time Day Traders here taking advantage of the Covid-19 volatility?
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  1. #1
    Senior Member Reputation points: 30747
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    Question.... So is this legal what the trading platforms are doing? Stopping the ability for a person to purchase shares, and only give them the ability to sell shares they already own?

    That in turn hurts the stock price. So it could be said that I am realizing losses due to the activity that the platforms are engaging in.

    Perhaps a Class Action Lawsuit in the making?

  2. #2
    Senior Member Reputation points: 39236
    Join Date
    Oct 2014
    Location
    Naples, FL
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    470

    Quote Originally Posted by Winning View Post


    Question.... So is this legal what the trading platforms are doing? Stopping the ability for a person to purchase shares, and only give them the ability to sell shares they already own?

    That in turn hurts the stock price. So it could be said that I am realizing losses due to the activity that the platforms are engaging in.

    Perhaps a Class Action Lawsuit in the making?
    ...doesn't seem like it is legal. BUT (and not to get political here), they also shut up the POTUS, which was a 1st in history. Maybe what I've been saying about online platforms being quasi-governments is really truer than even I thought... they decide the "districts", the "levels we can play on"... the "areas/hoods" we can go to/live in...

    Maybe all of this destruction of the system is just that... destruction.

  3. #3
    There's a bigger purpose behind all of this... The market manipulation being exposed is something that will have to be fixed
    Michael Christman
    Direct - (718)701-1805
    mike@gandgfunding.com

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