AI
BlackBerry execs sold shares as Reddit-driven rally started
https://www.marketscreener.com/news/latest/BlackBerry-execs-sold-shares-as-Reddit-driven-rally-started--32309898/?countview=0
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https://www.marketwatch.com/investing/stock/KOSS/options
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https://www.marketwatch.com/investing/stock/BB/options
Three BlackBerry executives, including the chief financial officer, sold $1.7 million of the telecoms technology firm's stock in the early days of this month's meteoric share price rise, filings with securities regulators show.
The executives sold their holdings on Jan. 20 at prices ranging from $12.63 to $13.01, nearly double what the stock had been trading at a week earlier.
BlackBerry shares climbed as high as $28.77 in New York on Wednesday and ended trading on Thursday at $14.65.
Chief Financial Officer Steve Rai sold almost 33,000 shares, his entire position in the company, according to a filing made with the U.S. Securities and Exchange Commission on January 21, in a trade valued at $428,731.
Mark Wilson, the company's chief marketing officer, sold 78,500 shares, worth $991,455, according to a filing.
Billy Ho, who leads divisions within Blackberry, sold $259,000 of shares.
All of the executives have sold stock periodically over the past year. The disposals at the start of the Reddit-driven rally represent the largest for the executives in the last year, according to filings.
Koss : Robinhood restricts buying of fractional shares in GameStop, other hot stocks
https://www.marketscreener.com/quote/stock/KOSS-CORPORATION-9831/news/Koss-Robinhood-restricts-buying-of-fractional-shares-in-GameStop-other-hot-stocks-32308976/
a practice that has encouraged smaller investors by reducing the size of the amount they have to bet
Charles Schwab, TD Ameritrade Haven't Halted Any Stock Trading This Week
https://ih.advfn.com/stock-market/NYSE/charles-schwab-SCHW/stock-news/84205101/charles-schwab-td-ameritrade-havent-halted-any-st
Charles Schwab Corp. said Friday that neither Charles Schwab & Co. nor TD Ameritrade halted buying or selling any stocks this week.
The financial company said neither firm restricted buying or selling basic options, though both firms did adjust margin requirements on select stocks to ensure clients had sufficient assets to pay for stock purchases. Both firms also restricted certain advanced options strategies, it said.
In recent days, certain stocks, including GameStop Corp. and AMC Entertainment Holdings Inc., have become part of what is being called a "short-squeeze," with volumes jumping and prices fluctuating wildly.
Schwab said both firms put in place some restrictions on certain types of options transactions to help mitigate risk. For example, they aren't allowing clients to sell naked call options in order to mitigate an unlimited risk situation. These decisions are based on risk and volatility and are made on an individual security basis.
Both firms, as normal course of business, review and alter margin requirements in highly volatile securities. As margin requirements increase, clients are required to hold more equity in their accounts to make trades in these securities.
For GameStop, for example, both firms changed the requirement to 100%, thereby removing margin from the security. This process began Jan. 13, and since that time, clients have been restricted from using GameStop as collateral for a margin loan; before Jan. 13 clients could do so in a limited way.
https://www.marketscreener.com/news/latest/BlackBerry-execs-sold-shares-as-Reddit-driven-rally-started--32309898/?countview=0
1Y1d_
https://www.marketwatch.com/investing/stock/KOSS/options
1Y1d_
https://www.marketwatch.com/investing/stock/BB/options
Three BlackBerry executives, including the chief financial officer, sold $1.7 million of the telecoms technology firm's stock in the early days of this month's meteoric share price rise, filings with securities regulators show.
The executives sold their holdings on Jan. 20 at prices ranging from $12.63 to $13.01, nearly double what the stock had been trading at a week earlier.
BlackBerry shares climbed as high as $28.77 in New York on Wednesday and ended trading on Thursday at $14.65.
Chief Financial Officer Steve Rai sold almost 33,000 shares, his entire position in the company, according to a filing made with the U.S. Securities and Exchange Commission on January 21, in a trade valued at $428,731.
Mark Wilson, the company's chief marketing officer, sold 78,500 shares, worth $991,455, according to a filing.
Billy Ho, who leads divisions within Blackberry, sold $259,000 of shares.
All of the executives have sold stock periodically over the past year. The disposals at the start of the Reddit-driven rally represent the largest for the executives in the last year, according to filings.
Koss : Robinhood restricts buying of fractional shares in GameStop, other hot stocks
https://www.marketscreener.com/quote/stock/KOSS-CORPORATION-9831/news/Koss-Robinhood-restricts-buying-of-fractional-shares-in-GameStop-other-hot-stocks-32308976/
a practice that has encouraged smaller investors by reducing the size of the amount they have to bet
Charles Schwab, TD Ameritrade Haven't Halted Any Stock Trading This Week
https://ih.advfn.com/stock-market/NYSE/charles-schwab-SCHW/stock-news/84205101/charles-schwab-td-ameritrade-havent-halted-any-st
Charles Schwab Corp. said Friday that neither Charles Schwab & Co. nor TD Ameritrade halted buying or selling any stocks this week.
The financial company said neither firm restricted buying or selling basic options, though both firms did adjust margin requirements on select stocks to ensure clients had sufficient assets to pay for stock purchases. Both firms also restricted certain advanced options strategies, it said.
In recent days, certain stocks, including GameStop Corp. and AMC Entertainment Holdings Inc., have become part of what is being called a "short-squeeze," with volumes jumping and prices fluctuating wildly.
Schwab said both firms put in place some restrictions on certain types of options transactions to help mitigate risk. For example, they aren't allowing clients to sell naked call options in order to mitigate an unlimited risk situation. These decisions are based on risk and volatility and are made on an individual security basis.
Both firms, as normal course of business, review and alter margin requirements in highly volatile securities. As margin requirements increase, clients are required to hold more equity in their accounts to make trades in these securities.
For GameStop, for example, both firms changed the requirement to 100%, thereby removing margin from the security. This process began Jan. 13, and since that time, clients have been restricted from using GameStop as collateral for a margin loan; before Jan. 13 clients could do so in a limited way.
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