I think IB is the biggest bubble that needs to burst

For years, they have been allowed to exist with non-existent customer service, slow, error-prone, bug-ridden software, unscrupulous execution policy, unfair margin policies. Their google review score is 1.7/5. Everybody who's ever used their service had nothing positive to say and yet their shares are trading at $60.XX??!! If GME was trading at $4 because supposedly nobody wanted to go to their stores, how can a company that everybody hates can fetch a stock price of $60.XX??!!

If you want to short a stock, short IB! It's time IB gets brought down to the value that it deserves if you want to talk about bursting bubbles.
If everybody hates them, why/how do they make money?

GME on the other hand, is losing tons of money.

If you want to short IB, go for it!
 
Back when I joined IB in 2012, they were the cheapest broker around. But now there are several "commission free" brokers that that get paid by HFT bros for order flow so that the HFT bros can front run you.

For all the crap that you receive, all the fees that they charge you for just holding a position, for all the profit that you lost due to their forced liquidation, their commission is the most expensive of them all, even more expensive than full-service brokerages.
 
Oh look!! IB has has puts!! Don't need to short them, just need to buy puts. They are already more expensive than calls. If you don't have the balls to short its shares, at least you have the guts to buy the puts? :sneaky:
 
Why would it be a bubble?
Chart and fundamentals don't look like a bubble

Do you really think everything that you are getting is worth $1000/a share commission and all the fees that they charge you?? And the way that they ban your trading when there is a high chance of you winning, you think their stock is worth $60.xx??

Its shares have already tanked 5%. It's already starting...
 
Do we really need this crappy API??! Half of the time it doesn't connect. And when it connects, it doesn't even process the data right. API is outdated.
You didn't answer the question: What other broker offers a comparable API?
 
IB only has value when everybody THINKS it has value, hence it's bubble. When push comes to shovel, they don't even allow you to trade. Whatever reason they give is bulls***.
 
For years, they have been allowed to exist with non-existent customer service, slow, error-prone, bug-ridden software, unscrupulous execution policy, unfair margin policies. Their google review score is 1.7/5. Everybody who's ever used their service had nothing positive to say and yet their shares are trading at $60.XX??!! If GME was trading at $4 because supposedly nobody wanted to go to their stores, how can a company that everybody hates can fetch a stock price of $60.XX??!!

If you want to short a stock, short IB! It's time IB gets brought down to the value that it deserves if you want to talk about bursting bubbles.



Ahem home depot....yep ask anyone about home depot and their service. Nothing but bad experiences from most customers, but the stock. Historical high after Historical highs.
 
You didn't answer the question: What other broker offers a comparable API?

A broker should be more than an API. If you just want API, there are other alternatives like 3rd-party softwares. And a majority of IB's clients don't use API. Looks like it's just you. LOL
 
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