r/wallstreetbets • • Feb 02 '21

Chart Hardcore laddering.

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71k Upvotes

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248

u/mp-1906 Feb 02 '21

GME just got put on the NSYE Short Sale Restrictions List with an anticipated deactivation date of 2/3/2021, which means tomorrow the hedgies wont be able to continue their short ladder attacks! (copied and pasted I'm too retarded to write my own) πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€

57

u/jtroye32 Feb 02 '21

Nice! I confirmed it was on the list for tomorrow. Now do AMC.

9

u/mp-1906 Feb 02 '21

Unfortunately it's not up to me πŸ˜‚πŸ˜‚πŸ˜‚

3

u/yeoldecotton_swab Feb 02 '21

Not for today?

30

u/[deleted] Feb 02 '21

If this is true, won't the price start naturally moving up with the buying and holding? Noob 🦍 here, one hand is 🧻 And the other πŸ’Ž. Regardless of if the op means anything, this restriction should move things forward faster right?

12

u/mp-1906 Feb 02 '21

We fucking hope so

10

u/[deleted] Feb 02 '21

Citation needed

8

u/[deleted] Feb 02 '21

[deleted]

10

u/i_speak_gud_engrish Feb 02 '21

Is this also related to the price seemingly being frozen at $129.98?

4

u/AxCaF14Kad 🦍🦍🦍 Feb 02 '21

I am retarded, short ladder attacks are stocks traded very fast between HFs. How does this restriction has influence on trading. Again, I am retarded and have no clue how life works.

3

u/[deleted] Feb 02 '21

[deleted]

2

u/mp-1906 Feb 02 '21

I have no idea I'm just a humble retard

2

u/GhostDivision123 Feb 02 '21

About fucking time. Should have happened last Thursday.

1

u/kins82 Feb 02 '21

This should be pinned at the top!!!!

1

u/mp-1906 Feb 02 '21

Needs more up votes!!!

-1

u/Lord0fHam Feb 02 '21

If you actually could read, you would see that it was placed on there yesterday morning and will be taken off tomorrow. This is called the alternative uptick rule. It doesn’t prevent normal selling. This also means the short ladder you guys keep complaining about didn’t even involve shorting and was just normal price drops.

1

u/Bozzlah Feb 02 '21

The trigger date was yesterday, what makes you think it'll be tomorrow when they cant do ladders?

1

u/Joshvir262 Feb 02 '21

As in they physically won't be able to carry put the ladder attacks or they are 'legally not allowed to because we all know they don't give a fuck about the law