Full Quote:
> There are two different ways to look at this. What’s a reasonable return for what Simmons is worth, and what’s a reasonable expectation for what he can get back in a trade right now, at this time of the year? The two are pretty far apart, which is why I think Daryl Morey and the Sixers are likely to try to call Simmons’ bluff on not reporting to camp and not settle for whatever they can get right now.
> Earlier in the offseason, it was reported that Simmons only had a few select teams that he wanted to go to, but sources have told me that is not the case, and he has imposed no such trade restrictions on the Sixers. That would open things up quite a bit, as the teams who would be most interested in Simmons are rebuilding teams in non-glamour markets, which would value not only Simmons’ ability to raise their floor and help get them closer to playoff contention but also the fact that he is under contract for four more seasons.
Watch the clip:
https://reddit.com/link/p9i4n1/video/vfj47sbz6yi71/player
u/ringingbells brought to our attention last week that CNN has grossly misreported the facts surrounding the January trade restrictions.
CNN Business writer Matt Egan wrote in his article dated February 1st, 2021 That Vlad Tenev simply bargained with the NSCC to lower the deposit requirement from $3B to $1.4B.
But that's simply not the truth. The writer is quoting Vlad from a video call on the voice meeting platform ClubHouse, in a chat hosted by Elon Musk, which has been reposted to Youtube here for your reference. The chat which Matt Egan is quoting goes into more detail:
In the conversation, Vlad says NSCC reduced the deposit requirement to $700m (not the $1.4B figure reported by CNN) in direct return for restricting trading in certain securities (like GME) - A statement also not reported by CNN.
Report the truth, CNN. Even Gary Gensler thinks the number was 1.4 billion. CNN's lies are a gross manipulation of the truth of what happened in January, and the article should be redacted and corrected.
More on this by u/ringingbells:
[Robinhood & Other Brokers Would Have Defaulted January 28, 2021 - The NSCC, as an enabler, saved them, while sacrificing retail, in allowing them to alter their margin charges by freezing stock buying - top priority: protecting too-big-to-fail clearinghouse - Retail's fault the NSCC didn't prepare](https://www.reddit.com/r/Superstonk/comments/p5k1lw/robin
... keep reading on reddit ➡Let's show them what we're made of: retards.
FINAL EDIT: I chatted with a TDA representative who clarified everything. When a DRS transfer is initiated they place a 2 week restriction on the account so that it is Open Only, i.e. you can't sell your shares during the transfer window. This actually makes sense so no reason to be concerned.
EDIT 2: SEVERAL PEOPLE HAVE COMMENTED SAYING THEY ARE NOT SEEING SIMILAR RESTRICTIONS WHEN THEY TRY TO OUT IN A SELL ORDER. AT THIS POINT THIS IS MOST LIKELY SOMETHING SPECIFIC TO MY ACCOUNT. I’LL UPDATE PRE-MARKET MONDAY AFTER TALKING WITH THE TRADE DESK.
So, I was trying to do a screen recording to show how to set up a conditional limit sell order on TDA and at the submission screen I received a notice that my account was restricted to “OPENING ONLY ON GME”.
A. K. A. can’t sell any shares. Obviously I’m not trying to sell now, but I don’t want to see this during MOASS. Can any other apes who have TDA try to enter a sell order and see if this is unique to my account for some reason??
EDIT:
/u/Majestic_Beyond3441 is able to put in a sell order. Looking like this might be something specific to me, but I probably won’t know until Monday. I’ll update when I figure something out.
Got an email today stating this:
“A violation occurred on 12/13/2021 due to day trading activity. As a result of this violation, your account has been restricted from day trading for 90 calendar days.”
What gives? I had 28k in my account a couple weeks ago. I’m holding a call on Amazon that lost most of its value so my account is down 10k. I have NOT done any trading since a week ago when I closed another long call I had. So why am I restricted?
On the OSRS Wiki I saw the following;
New Free-to-play accounts have trade restrictions in place until the account's logged in time surpasses 20 hours of game time, 10 or more quest points are acquired, and reaching 100 total level
Does that mean all 3 requirements should be met or just the 20hrs + 100 ttl level? Can someone please clarify.
From the Athletic’s Sixers offseason report. Some other interesting tidbits:
On Simmons value:
“Add that all together, and if the Sixers do have to trade Simmons in the next month or two, I think the kind of package you’re looking at is a few picks, maybe a pick swap, a useful (but not star-level) player in return and salary-cap filler, with the goal of packaging some of that stuff in a second deal closer to the deadline to ultimately get the player the Sixers want.”
On the Embiid/Drummond fit:
“This concern is probably a little bit overblown. Obviously, Embiid and Drummond had a little bit of a (very one-sided) rivalry earlier in Embiid’s career, which included taunting by Embiid both on the court and on social media. That being said, I never got the sense that there was anything there on a personal level. Earlier in his career, Embiid had a pattern of targeting some of the traditional — and largely overrated — centers who came across his path, with Drummond and Hassan Whiteside being the primary recipients.
But I don’t think Morey and Doc Rivers would have signed Drummond if Embiid’s “beef” ran any deeper than that, and I don’t think Drummond would have signed in Philly for the minimum if he had too big of a problem with Embiid’s antics in years past. And if Drummond does wind up having a problem, then it’s only a minimum contract, and they can move off it pretty easily.“
On Paul Reed:
“ Reed has enough hustle, length and a nose for the ball that he should be able to contribute defensively, even if he’s not quite as quick in space as you would want in a pure switch five. I think the key is going to come down to how he plays offensively. Reed averaged 22.3 points and shot 44.4 percent from 3-point range down in the G League, which was intriguing. The 3-point shot would be especially beneficial, as the Sixers could really use a stretch five on their roster.
I think the concern that some have within the organization is whether he can play within a defined, structured role in the offense. Some of his decision-making and shot selection during summer league left something to be desired, and I think Rivers might have a quick hook if he tries to do some of that in games.”
Howdy, title kinda speaks for itself but allow me to elaborate. I made my account a good few years ago around mid 2018, and finally hopped onto the game at Christmas this year to play with a friend who was more than eager to introduce me to the game, only to find my account is trade-locked. Initially this didn't seem like too much of a problem send a ticket and wait for it to be discovered and either sorted or questioned, riiiight up until I learnt more about the game. These are a list of things that, for some inexplicable reason, I am not allowed to do for who knows what reason while the 'urgent' ticket waits to be resolved.
- Disassemble Unique or higher items.
- Trading between players or purchasing from the auction house (this is a given, considering).
- Gifting NPCs cubes. (Why?)
- Any sort of profession advancement.
Luckily I had a friend who could mail me the high grade crystals needed for story mode, but what else am I barred from doing until this issue is resolved, if ever at all? Is there something I should know that this prevents me from doing in the future that will completely spoil the game? I'm already a little burnt out from feeling locked to just running dungeons and dailies, with the occasional monster coliseum, knowing full well there are fun side options to pad the time and relax a bit.
I apologise for ranting, and any advice would be greatly appreciated.
Hi all,
I’ve got two TDA accounts, and individual and a Joint. The individual has incurred a 90 day restriction due to day trading and the account dropping below 25k.
If I take the money in it and transfer it to my other Joint account then will the Joint account also have the 90 day restriction? Or will I be able to freely open and close new positions in the 90 day account?
Thanks!
So, I currently do not have $25,000 in my account and I am kind of new to stocks. Can someone explain in made easy for dummies about all these margin and trading pattern rules? Thanks
Watch the clip:
https://reddit.com/link/p9jsj1/video/mxyne5cwtyi71/player
u/ringingbells brought to our attention last week that CNN has grossly misreported the facts surrounding the January trade restrictions.
CNN Business writer Matt Egan wrote in his article dated February 1st, 2021 That Vlad Tenev simply bargained with the NSCC to lower the deposit requirement from $3B to $1.4B.
https://preview.redd.it/nnv3xw71uyi71.png?width=800&format=png&auto=webp&s=d8a645495f2174bcdb50a8fb8427139c1955bebd
But that's simply not the truth. The writer is quoting Vlad from a video call on the voice meeting platform ClubHouse, in a chat hosted by Elon Musk, which has been reposted to Youtube here for your reference. The chat which Matt Egan is quoting goes into more detail:
In the conversation, Vlad says NSCC reduced the deposit requirement to $700m (not the $1.4B figure reported by CNN) in direct return for restricting trading in certain securities (like GME) - A statement also not reported by CNN.
https://preview.redd.it/g948jwr6uyi71.png?width=672&format=png&auto=webp&s=1072938f48fe15f411a586369a4b360688064b25
Report the truth, CNN. Even Gary Gensler thinks the number was 1.4 billion. CNN's lies are a gross manipulation of the truth of what happened in January, and the article should be redacted and corrected.
More on this by u/ringingbells:
[Still Blaming Vlad Tenev? How many times do I have to post this. THE DTCC, ENABLED BY THE SEC, SAVED ALL THE BROKER
... keep reading on reddit ➡
