$AMC Entertainment (AMC.US)$ noob question here. im in with ...
$AMC Entertainment (AMC.US)$ noob question here. im in with lsdi. it keeps saying. circuit breaker. I googled that. is that also something they could do to AMC/gme to halt trading when these rip?
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Lmoonfmoong : Should have been here tuesday
Logan Arciba Lmoonfmoong: Nah fr. Ain’t nothing we were able to do
Rayne2ravageOP Lmoonfmoong: I was. I saw all the halts. but this is my first time seeing the status circuit breaker.
disassembly line : just means it reach the threshold for the raising / lowering of price in X amount of time. means theres HEAVY volume
Ken Griffin Charity : Who’s “they”? Circuit breakers on individual stocks with a price above $3 will be halted for 5 mins when a price decline/increase of more than 5 percent below/above the average price of the stock over the immediately preceding five-minute period occurs.
Big Swing : that's for Thier protection not ours!
Big Swing : too bad there is no pause button in real life huh?
disassembly line : long story short: the circuit breaker is supposed to "protect" the retail consumer (specifically)...but as you can clearly see it doesnt help anyone except those with high frequency trading algos (and very deep pockets)