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I’m waiting for an explanation why Starbucks is on the restricted list. It’s not volatile.
by tempsy 6y ago
I’m waiting for an explanation why Starbucks is on the restricted list. It’s not volatile.
- tedunangst 6y agoThe collateral requirements depend on net buys vs sells. I'm guessing RH was tapped to the limit, and the buy limits were applied to anything with unbalanced orders. That applied to a bunch of stocks then, some that were up, and some that were down and looked cheap. (SBUX and AMD were among those down after earnings last week.)
- tempsy 6y agowhatever the reason it’s clear they can’t handle whatever volume they are seeing right now. who would continue to use them at this point. most momentum trades are crowded - this implies any new crowded trade will have to be restricted.