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Palantir is up like 25% today but if they were dropping that much there would have been a circuit breaker to stop the losses
But never the gains. Those are always honest and legitimate. Those losses though :nono:
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@jack I think you misunderstood.
I don't want the circuit breaker. Let the fucker fall through the floor.
But regardless, it doesn't matter much anymore except to watch the securities disintegrate before your very eyes.
In Dodd Frank they added a new rule that says they can cancel/reverse any trades. The Big Short will never happen again.
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@feld this is a “ban shorts” level analysis good job it’s awful in a new way rarely seen outside of economists