This order can't be canceled. We placed it to mitigate the risk to your account.

kmiklas

kmiklas

I thought this was very thoughtful and considerate.

I appreciate my broker looking out for me, and placing orders on my behalf with no option to cancel.

I never really did fully understand this "risk" thing.
 

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Sorry. I must have misunderstood the "I appreciate my broker looking out for me, and placing orders on my behalf with no option to cancel."

I saw this passed around and the author doesn't say if it was a margin call. If it was a margin call, it was legit, legal, and probably required.
 
What a rigged setup - I'm short via a spread too and want GME to close below 70 by March expiration but more importantly I'd like to have a somewhat fair marketplace. Tin foil guys are saying that the short funds talked to their clearing house buddies and limited new GME trades to closing only. If all retail can do is close out their longs - it's no surprise the stock fell big time today. It's this type of shit that gets wallstreet a super bad reputation and will stick us all with a financial transaction tax.
 
IamTheCasino said:
No, 2008 is what gives wallstreet a bad rep. Idiot.
More...
Thanks for the name calling. You're right shit like 2008 gave them a bad rep (although I don't want to give the folks who oversized their house and income projections a free pass either) - but that's more than 10 years ago and time eventually helps people to forget. However messing with the integrity of the marketplace makes everyone unhappy and may be enough of an ammonition to say "nothing changed in 10 years we need to revisit those proposals".
 
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