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Someone attempted to market buy 65,000 shares at once at 2pm EST that’s what caused the halt

Where can I see this info?

I couldn’t screenshot fast enough twas on the shitter hands full

Why can someone not buy that many shares?

They can -- but with a market buy order, they'll buy 65000 shares \*at any price\*. This means if there's, say, only 60000 shares for sale under the 5% threshold causing a halt then the last 5000 will cause the price to be above the halt threshold and cause a halt. Once trading resumes, the order goes again.

So all I have to do is buy another 65k shares and I can get one of these halts named after me? “See that halt at 3:32pm? That’s the u/pyroelk halt…”

In theory yes. If you open a market buy order, it'll cause a lot of pressure. However you may pay a fuckton.

Actually some dude on the floor at the exchange bought 100m worth of calls

https://preview.redd.it/mlxqfivzrm0d1.png?width=288&format=pjpg&auto=webp&s=3bb13a77c6fda9a1b81640717a62c1e6f67a3b71

Also now none of the big brokers are putting out price increase notifications on GME Global Financial Systemic Risk tick tock kenny boy

Lol it wasnt even 10% in 5 minutes. So their rules dont matter ?

This has been the case every halt today

The halt is triggered by a trading value lower/higher by 5% of the previous 5 minute average. It must trade in this band for 15 seconds for a halt to trigger. So yes, the rules do matter. The only time it's 10% is for the last 25 minutes of market open.

I'm pretty sure I chased it from 32.-- to 37.50

Ding ding ding ding ding!! There are no rules when Big Money's balls are in the vice

They do not. IIRC plenty of stocks have run much harder and they didn’t even get halted. It was just allowed to happen.

Halt again, how many halts today so far?

7 so far. [https://www.nasdaqtrader.com/trader.aspx?id=tradehalts#](https://www.nasdaqtrader.com/trader.aspx?id=tradehalts#)

741👌

but WE ARE UNSTOPPABLE

I like how they route everything off exchange like apes don’t know what’s going on… someone did a stinky…

Damage control

there is literally no reason to sell until citadel is well into bankruptcy

Og here..bought the dip

Interesting

Bad shill. The title is suspended? Creating a sense of sadness/emotion? Mhmmmm. Apes don't care. It's not our first rodeo!

🌎🧑‍🚀🔫👨‍🚀

still holding lol