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Robinhood restricts trading in GameStop, other names involved in frenzy


BUtterfield 8

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4 minutes ago, JusKeepBreathin said:

If Twitter can kick Trump out. Robinhood can justify this. Use another trading site if you don't like it. 

I mean obviously the CAN, they just did. It's just so counter to what their branding has been, that anyone should be able to trade. They caved under pressure, obvi, and it's gross

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I need someone to make a long video explaining everything bc I don’t understand any of it lmao

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JusKeepBreathin
Just now, Morphine Prince said:

Nope. Regular people buying a stock is not a crime.

 

You said market manipulation.  I said both are bad and both are crimes. Just like insider trading.

"Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr.
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Morphine Prince
Just now, JusKeepBreathin said:

You said market manipulation.  I said both are bad and both are crimes. Just like insider trading.

I meant Robinhood is committing market manipulation. Can’t wait for them to be sanctioned. 

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BUtterfield 8
1 minute ago, weed said:

I need someone to make a long video explaining everything bc I don’t understand any of it lmao

Wall Street hedge fund bet GameStop stock will go down, Reddit saw this and made the price go up by buying, so Wall Street loses billions lol

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JusKeepBreathin
Just now, LaLa said:

I mean obviously the CAN, they just did. It's just so counter to what their branding has been, that anyone should be able to trade. They caved under pressure, obvi, and it's gross

They didn't cave. They depend on a health market. So do millions of people on the verge of retirement. 

"Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr.
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StarstruckIllusion

Imagine actually restricting people from buying stocks... like WHAT. AOC is on the case tho 

 

 

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JusKeepBreathin
4 minutes ago, Morphine Prince said:

I meant Robinhood is committing market manipulation. Can’t wait for them to be sanctioned. 

That's not how it works. Market manipulation is what the people buying Gamestop in droves are doing. Try again.

They are creating a false appearance of price. There is no gains in profit in the company to reflect such a growth in stock price. And they are only trading it because of information they have received on the internet. I don't know how broad the definition of insider trading is but it's almost there. 

"Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr.
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4 minutes ago, BUtterfield 8 said:

Wall Street hedge fund bet GameStop stock will go down, Reddit saw this and made the price go up by buying, so Wall Street loses billions lol

How does that work lol what does the bet even mean, how’d they lose money idk. Idek what a hedge fund is lmao :rip: I gotta research sksks

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Mr Ricky
3 minutes ago, JusKeepBreathin said:

That's not how it works. Market manipulation is what the people buying Gamestop in droves are doing. Try again.

They are creating a false appearance of price. There is no gains in profit in the company to reflect such a growth in stock price. 

And there's no need to halt every 15 minutes, once the stock drops to terrify people into selling their stocks. And reach to a point people get desperate to sell it. It's manipulation and not only by Robinhood, but also by WS self. 

Crossfit
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3 minutes ago, weed said:

How does that work lol what does the bet even mean, how’d they lose money idk. Idek what a hedge fund is lmao :rip: I gotta research sksks

Here's a quick explainer

 

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Nickypie101

I sold my two gamestop stocks last week for 70... I’ll never forgive myself. Anyways yeah it’s bs for them to be placing restrictions on the “free market”

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Morphine Prince
6 minutes ago, JusKeepBreathin said:

That's not how it works. Market manipulation is what the people buying Gamestop in droves are doing. Try again.

They are creating a false appearance of price. There is no gains in profit in the company to reflect such a growth in stock price. And they are only trading it because of information they have received on the internet. I don't know how broad the definition of insider trading is but it's almost there. 

Nope. They are free to buy whatever they want. 

They are mad because these hedge funds have lost them billions. 

Robinhood and other apps are under pressure by these investors to restrict OUR access to stocks. Free market my ass. 

Rich people commit insider trading every single day and absolutely NOTHING is done about it. 

In fact, they have remain US SENATORS (Kelly Laufleur from Georgia) 

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