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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Robinhood Will Restart ‘Limited’ Trading In Meme Stocks GameStop, AMC As Reddit Rally UnravelsIn a tweet thread Thursday afternoon, billionaire Robinhood cofounder Vlad Tenev backtracked on the firm's decision to stop trading of the meme stocks that rattled markets this week. Why? Are only hedge funds able to make money? AMC and GameStop are literally still in business lmaooo Everyone remember: The squeeze hasn't even happened yet. This friday, ITM contracts are being exercised, which means the squeeze might happen tomorrow. If it does, it takes 5-6 days for shorts to cover their positions. Doesn't happen in just an hour. Takes days.
Source: Forbes - 🏆 394. / 53 Read more »
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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Stocks making the biggest moves in the premarket: GameStop, Koss Corp, Wayfair & moreThe stocks making the biggest moves in premarket trading include GameStop, Koss Corp., Wayfair, and more. I think a $CCIV squeeze is in the cards. You forgot Tandem Diabetes (TNDM), up 11% after a strong quarter and estimate beating revenues and profits.
Source: CNBC - 🏆 12. / 72 Read more »
Robinhood lifts trading restrictions on all stocks, including GameStopOnline brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop Corp and AMC Entertainment Holdings Inc, according to an update on its website. The problem is ever trusting Robin Hood again. yeah... they are going under, once they lose all the lawsuits. 👍 Some judge somewhere will care that they screwed over regular people and protected evil hedge funds. 👎 Of course. They won
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