The online trading platform Robinhood is moving to restrict trading in GameStop and other stocks that have soared recently due to aggressive buying by smaller investors.
Among the restrictions announced by Robinhood on Thursday, investors would only be able to sell their positions and not open new ones in some cases, and Robinhood will try to slow the amount of trading using borrowed money.
Is that not illegal?.. oh, that's right, it's only illegal if it's not the rich.
Looks like we no longer have a free market.
That’s stupid. Just let it play out. You can’t save people from themselves. If they want to burn money on a doomed company, let them do it.
Can you say antitrust lawsuit? Sure, I knew you could. It’s a beautiful day in the neighborhood.
Anyone out there who still naively thinks this game isn't rigged?
Use cashapp
🚨 SUE RobinhoodApp FOR MARKET MANIPULATION 🚨 P.S RETWEET and remember DON’T SELL!
Why?
Before I was just in it for the money but then they pissed me off so now I’m in it to stick it to Wall Street. Not selling no matter what, committed to seeing this to the end. If I lose $2000, I lose $2000 for the chance to bankrupt hedge funds. $2000 goddamn well spent.
This is when we find out Robin Hood was the sheriff all along!
Isn’t restricting trading classic market manipulation? How is this legal?
So it’s almost like the rich, and those at RobinhoodApp are picking the winners and losers. Free market, eh?
artificially suppressing the market unacceptable
ask vladtenev why plz
More like “Reverse Robinhood” steal from poor amd give to the rich
Fucking all regular Americans
RIGGED
Lawsuit
They are the one for 10 percent of my loss no one is buying stock right now on these app everyone is selling that might cause market to crash
Breaking laws and going to be facing some large lawsuits. They cost us millions of dollars
Seems a bit sus to me
Oh, the rich 1% and hedge funders don’t want you to make money! Many people must go to jail or face trial for this!