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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Weather Man" data-source="post: 16568653" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Robinhood's GameStop buy limit now down to 1; more stocks limited (update)</strong></span></p><p>Jan. 29, 2021 2:07 PM ET<a href="https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGME" target="_blank">GameStop Corp. (GME)</a><a href="https://seekingalpha.com/user/51784941/profile?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name" target="_blank">By: Kim Khan</a>, SA News Editor<a href="https://seekingalpha.com/news/3656315-robinhood-limits-gamestop-purchases-to-2-shares-from-5#comments" target="_blank">37 Comments</a></p><ul> <li data-xf-list-type="ul">Update 2:21 p.m. ET: Since the story was first posted, the Robinhood limit on GameStop is now down to 1.</li> <li data-xf-list-type="ul">Among new limits on other stocks: AMC 10 shares, (NASDAQ:<a href="https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">AAL</a>) 5, (NASDAQ:<a href="https://seekingalpha.com/symbol/AMD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">AMD</a>) 1, (NYSE:<a href="https://seekingalpha.com/symbol/BB?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">BB</a>) 5, (NASDAQ:<a href="https://seekingalpha.com/symbol/BBBY?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">BBBY</a>) 2, (NASDAQ:<a href="https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">KOSS</a>) 1, (NASDAQ:<a href="https://seekingalpha.com/symbol/MRNA?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">MRNA</a>) 1, (NYSE:<a href="https://seekingalpha.com/symbol/NOK?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">NOK</a>) 20, (NASDAQ:<a href="https://seekingalpha.com/symbol/WKHS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">WKHS</a>) 3</li> <li data-xf-list-type="ul">#####</li> <li data-xf-list-type="ul">Robinhood (<a href="https://seekingalpha.com/symbol/RBNHD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">RBNHD</a>) has further limited the amount of GameStop (NYSE:<a href="https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">GME</a>) customers can add to their accounts.</li> <li data-xf-list-type="ul">Investors can now only add <a href="https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">2 shares</a> via the platform, down from <a href="https://seekingalpha.com/news/3656111-robinhood-allows-buying-gamestop?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">5 at the start of the day</a>.</li> <li data-xf-list-type="ul">Customers are venting their <a href="https://twitter.com/WreckWallStreet/status/1355221226797588480?s=20&source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">displeasure</a> on Twitter.</li> <li data-xf-list-type="ul">Many received an alert saying: "This order will exceed the maximum allowed GME shares you can hold at this time. You currently have 5 shares purchased or pending - including this order - which exceeds the limit of 2 shares."</li> <li data-xf-list-type="ul">Other stocks have also had their allowance cut. AMC (NYSE:<a href="https://seekingalpha.com/symbol/AMC?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">AMC</a>) is down to 25 from 115 and Koss (<a href="https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">KOSS</a>) is down to 10 from 25.</li> <li data-xf-list-type="ul">GME is up about 50%, paring gains in afternoon trading, but enthusiasm is <a href="https://seekingalpha.com/news/3656243-gamestop-buyers-take-over-and-other-highly-shorted-consumer-stocks-rally?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">spreading to other consumer names</a>.</li> </ul><p>[ATTACH=full]1686137[/ATTACH]</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16568653, member: 137766"] [size=6][b]Robinhood's GameStop buy limit now down to 1; more stocks limited (update)[/b][/size] Jan. 29, 2021 2:07 PM ET[URL='https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGME']GameStop Corp. (GME)[/URL][URL='https://seekingalpha.com/user/51784941/profile?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name']By: Kim Khan[/URL], SA News Editor[URL='https://seekingalpha.com/news/3656315-robinhood-limits-gamestop-purchases-to-2-shares-from-5#comments']37 Comments[/URL] [LIST] [*]Update 2:21 p.m. ET: Since the story was first posted, the Robinhood limit on GameStop is now down to 1. [*]Among new limits on other stocks: AMC 10 shares, (NASDAQ:[URL='https://seekingalpha.com/symbol/AAL?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']AAL[/URL]) 5, (NASDAQ:[URL='https://seekingalpha.com/symbol/AMD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']AMD[/URL]) 1, (NYSE:[URL='https://seekingalpha.com/symbol/BB?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']BB[/URL]) 5, (NASDAQ:[URL='https://seekingalpha.com/symbol/BBBY?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']BBBY[/URL]) 2, (NASDAQ:[URL='https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']KOSS[/URL]) 1, (NASDAQ:[URL='https://seekingalpha.com/symbol/MRNA?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']MRNA[/URL]) 1, (NYSE:[URL='https://seekingalpha.com/symbol/NOK?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']NOK[/URL]) 20, (NASDAQ:[URL='https://seekingalpha.com/symbol/WKHS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']WKHS[/URL]) 3 [*]##### [*]Robinhood ([URL='https://seekingalpha.com/symbol/RBNHD?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']RBNHD[/URL]) has further limited the amount of GameStop (NYSE:[URL='https://seekingalpha.com/symbol/GME?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']GME[/URL]) customers can add to their accounts. [*]Investors can now only add [URL='https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']2 shares[/URL] via the platform, down from [URL='https://seekingalpha.com/news/3656111-robinhood-allows-buying-gamestop?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']5 at the start of the day[/URL]. [*]Customers are venting their [URL='https://twitter.com/WreckWallStreet/status/1355221226797588480?s=20&source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']displeasure[/URL] on Twitter. [*]Many received an alert saying: "This order will exceed the maximum allowed GME shares you can hold at this time. You currently have 5 shares purchased or pending - including this order - which exceeds the limit of 2 shares." [*]Other stocks have also had their allowance cut. AMC (NYSE:[URL='https://seekingalpha.com/symbol/AMC?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']AMC[/URL]) is down to 25 from 115 and Koss ([URL='https://seekingalpha.com/symbol/KOSS?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']KOSS[/URL]) is down to 10 from 25. [*]GME is up about 50%, paring gains in afternoon trading, but enthusiasm is [URL='https://seekingalpha.com/news/3656243-gamestop-buyers-take-over-and-other-highly-shorted-consumer-stocks-rally?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']spreading to other consumer names[/URL]. [/LIST] [ATTACH=full]1686137[/ATTACH] [/QUOTE]
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