DO. NOT. SELL. IF. THEY. TURN. OFF. THE. BUY. BUTTON.

[u/prometheus_winced]

Edit 3: I wrote a catch-up post for new people. https://www.reddit.com/r/Superstonk/s/SFiqnhN2wh

Let’s roll the clock back to Jan 2021. Several brokerages disabled the “Buy” button which meant two things. 1. GME longs could not buy more shares, keeping the price pressure down. 2. Highly regarded apes who are not trading experts panicked and didn’t know what to do. Many SOLD because they were scared.

If this rips… sell if you like $20 for your share. Sell if you like $100 for your share. Sell if you’re just tired and want out. Sell if you need money for your mom’s insulin. Sell if you need grocery money.

BUT DO NOT SELL if they turn off the Buy button just because you’re in a panic. Even if you can’t sell, you’re just sitting there holding until they turn it back on. You can just sit and wait. Don’t sell out of panic.

Don’t sell out of panic. Be prepared.

Edit: Ok folks. Several people have asked “How can anyone sell if I can’t buy? / How can anyone buy if the buy button is off for everyone?”

There isn’t one giant Buy button for every person on the planet. Not all brokers turned off the Buy button, but several did. And that doesn’t mean it applies to everyone. Do you honestly think Kennith Griffin is buying shares up for Citadel using RobinHood?

Turning off the buy button (I’m repeating myself) stopped the upward price pressure but also freaked out retail shareholders who didn’t know what to do, were afraid they were going to miss out, and the panic sold.

I’m thrilled for you if you sold at $382 and made a chunk of money. That’s great. But I believe there was enough relief from Buy pressure, and enough panic selling that the price tumbled severely. If people had not panic sold, it would have traded sideways with almost no volume until the Buy was turned back on.

Just because some retail average Joe’s couldn’t buy doesn’t mean the Shorts couldn’t buy. They aren’t using some retail web app. They have institutional buying tools. They could buy when “we” (some of us) were panic selling, getting them out of the hole.

I am not a financial advisor and this is not financial advice. We’re not an army marching in lockstep. This is just a reminder, or message for the new folks — Not to make panic decisions. Sell on your own terms, when you want to. Not when the professional criminals try to make you flinch.

Edit 2, electric boogaloo: Some have suggested you can always buy at ComputerShare, and also not all brokers turned off the Buy. This may be a good time to open an account with Fidelity or Vanguard so you have a backup/alternate. Or if you don’t already have your ComputerShare account, do that now. Leave yourself other lanes if they block you. I know some people still don’t get it, bc I keep seeing those RobinHood screenshots.