announcing that it would resume trading in the blacklisted stocks, Robinhood said: "We'll continue to monitor the situation and may make adjustments as needed." The start-up added that its earlier decision to restrict trading — which angered many users — was necessary in order to comply with capital requirements mandated by the SEC for broker dealers.
The decision followed retail investors flocking en masse to some of the market's most heavily-shorted names, forcing hedge funds and those on the other side to rush to cover their losses. This, in turn, drives share prices even higher. Investors turned to popular forums like Reddit's WallStreetBets board to discuss their trades.
DanielaCambone
stoolpresidente
They cancelling all orders as soon as they’re placed.
Let the people trade SaveAMC
Hi everyone The big question whois lending your shares to short a company. Plus getting 15% a day interest off your yes your shares. This is fraud . As who ever is lending your shares you paid for. Needs your permission. robinhoodapp
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GameStop and AMC move higher after Robinhood removes trading restrictions placed on the Reddit-favored stocksGameStop and AMC shares rose Friday after Robinhood removed restrictions on the 'meme' stocks pumped by Reddit traders in recent weeks. When was it at 78% lol Why are you all still using Robinhood?!? Click this link, get 4 free stocks for signing up
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