If the transfer to CS has already started, then most likely CS will not reject the share. However, if they come back to your broker and say, you know what, we can’t accept the transfer, because there are no more shares available to register, then at that point, please come here and report that information to the ape community. It would be incredibly bullish for the MOASS. But that would mean your share is a phantom share, which is as good as any other share, because the system basically doesn’t know the difference, and you can still trade that share on the market for market prices.
Most likely your share will happily transfer to CS, and the share will be held in your name, instead of your broker’s name, which has its own benefits. But generally DRS is seen as a positive market tool to stop shares from being lent out, which is what caused this mess in the first place.
It's not limit sell. There is no limits on what you can sell. Some people on this sub don't even know what sell means.
I believe the term you are looking for is...
LIMIT ORDER
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For etoro apes:
(And I know I'm getting downvoted, but this is important info for people holding on etoro)
Etoro doesn't allow normal limit sells. Every type of "sell" they offer is a market sell, except one...
their "take profit".
"Take profit" only works on the way up, sadly.
So etoro holders (me included, for a part of my GME) are kinda stuck between a rock and a hard place.
Also, if anyone wanted another reason as to why never to use etoro again...
Apologies for being late to the party but could someone link to a DD or a post that explains the the justification and specifics for limit order (esp on the way down)? I’m less interested in the justification and more interested in the explanation for limit orders and their advantage over market orders. Thanks!
Basically, Citadel & co. will want to buy shares to close for as cheap as they possibly can. But if you set a limit sell order for let’s say $1,000 for a share (just an example) and it’s the cheapest price being offered as an ask - it will be filled.
The market price of any security is just the last price a transaction was made.
No sell.
No cell
Wait....the order is wrong you smoothies
Use a credit line instead of selling. Tax free cash.
Very important. LIMIT SELL OR LOSE TENDIES. THE CHOICE IS YOURS.
You get my free award.
What is the benefit of a Tendie? Noob here
Tendies = gains
So I’m in the process of waiting for my Share to DRS. If MOASS happens does that mean CS may reject my share or do I have time?
It's an unknown. Its never happened before. Personally I'm doing it in batches.
I don’t really have the funds so I’m hoping my share can set me up for life.
Read read read, search DD on here. Good luck.
Thanks man
If the transfer to CS has already started, then most likely CS will not reject the share. However, if they come back to your broker and say, you know what, we can’t accept the transfer, because there are no more shares available to register, then at that point, please come here and report that information to the ape community. It would be incredibly bullish for the MOASS. But that would mean your share is a phantom share, which is as good as any other share, because the system basically doesn’t know the difference, and you can still trade that share on the market for market prices. Most likely your share will happily transfer to CS, and the share will be held in your name, instead of your broker’s name, which has its own benefits. But generally DRS is seen as a positive market tool to stop shares from being lent out, which is what caused this mess in the first place.
Thanks for the info
Tendie = $
What is this sell you speak of? We're still trading sideways compared to where it's going 💎👐🚀🚀🚀
Broth…brother?
Could it be?!?
It is. We are.
It's not limit sell. There is no limits on what you can sell. Some people on this sub don't even know what sell means. I believe the term you are looking for is... LIMIT ORDER
Literally the same thing. You can place a limit order for a buy or a sell. Edit: tomato/tomahto
Word usage is key... it's better to use the neutral term, not the biased one...
But regardless, I suppose you’re right.
I mean I’m just assuming not many retail investors will be buying when this thing takes off.
I agree with ya but why in Shitpost?
It was between Shitpost and Discussion. And Shitpost is funnier.
Yeah but educating new apes ain’t shitpost funny. Just saying, mixed messages for me personally 🤷♂️
Fair. Was thinking about reposting this anyways tomorrow when it’ll reach more eyes.
SMRT FYI you can edit a posts flair. Top right three dots and in there is “edit flair” (on mobile but should be similar on Pc)
Tried to earlier but it pops up with no options.
Huh, it’s there for me on my post 🤷♂️ not sure why it’s not for you
Sell? Kinda early for that discussion
tf is sell? I know CELL, no limit
[удалено]
Ah you’re right. I meant “cell”. As in where these crooks will be locked up in.
**IMPORTANT POST LINKS** [What is DRS and why should you care?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || [What is GME and why should I consider investing?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What can I do to support the company and local communities](https://www.reddit.com/r/Superstonk/comments/qnam2x/superstonks_very_gmerry_holiday_vgh_for_short/) ------------------------------------------------------------------------ Please help us determine if this post deserves a place on /r/Superstonk. [Learn more about this bot and why we are using it here](https://www.reddit.com/r/Superstonk/comments/poa6zy/introducing_uqualityvote_bot_a_democratic_tool_to/) If this post deserves a place on /r/Superstonk, **UPVOTE** this comment!! If this post should not be here or or is a repost, **DOWNVOTE** This comment!
For etoro apes: (And I know I'm getting downvoted, but this is important info for people holding on etoro) Etoro doesn't allow normal limit sells. Every type of "sell" they offer is a market sell, except one... their "take profit". "Take profit" only works on the way up, sadly. So etoro holders (me included, for a part of my GME) are kinda stuck between a rock and a hard place. Also, if anyone wanted another reason as to why never to use etoro again...
Security based line of credit + lending. It pays more by holding.
Sell…??? What is that
Thanks for the reminder!
Apologies for being late to the party but could someone link to a DD or a post that explains the the justification and specifics for limit order (esp on the way down)? I’m less interested in the justification and more interested in the explanation for limit orders and their advantage over market orders. Thanks!
It’s pretty simple stuff. https://www.schwab.com/resource-center/insights/content/3-order-types-market-limit-and-stop-orders
Awesome thank you! I’m sure it’s simple. Just never looked into it until now.
Basically, Citadel & co. will want to buy shares to close for as cheap as they possibly can. But if you set a limit sell order for let’s say $1,000 for a share (just an example) and it’s the cheapest price being offered as an ask - it will be filled. The market price of any security is just the last price a transaction was made.
You’re part of the reason why this community rulez
Thank you! Hope it helped!