GM stock is why naked short selling should be legal

[bond_trad3r]

How does this POS trade up when they publicly state that it's going bankrupt before the next trading day begins?

So annoying!

 

[TM1982]

Quote from bond_trad3r:

How does this POS trade up when they publicly state that it's going bankrupt before the next trading day begins?

So annoying!

Why do you care?

 

[nutmeg]

fwiw, one thought I had is that margin requirements change throughout the day, requiring people to do what they don't want to do.

 

[bond_trad3r]

Quote from TM1982:

Why do you care?

Good News. GM is tanking.

I guess it was just some idiots pre-market trying to play a recovery game.

 

[noob_trad3r]

What if GM goes to 1 penny, Can someone buy all GM stock and pretty much become the CEO?

 

[noob_trad3r]

I put in an order do you think it will get filled?


05/29/2009 Extended Hours
EH Buy
100
GM
Limit Day 0.0100 --
Open Change Cancel