Robinhood restricts trading in GameStop, other names involved in frenzy

[StarstruckIllusion 53,565]

1 minute 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. 

The same thing is happening to Tesla tho... so like the market has always been a clown show. It just naked classism for people to suddenly be mad when the little guy, rightfully claps back against shorting a company 38% over what’s actually possible. 

[Gagaloo911 12,959]

Ridiculous.

Everyday people doing what those on Wall St do EVERYDAY and suddenly it's a huge issue.

Can't have regular people making money on Wall St, that's only for the elite billionaire class after all 

[JusKeepBreathin 19,311]

3 minutes ago, Mr Ricky said:

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. 

The sad part is that those Reddit "heroes" could be using that power to invest in companies that are saving our environment.

But here they are causing ruptures in our economy. 

[JusKeepBreathin 19,311]

3 minutes ago, StarstruckIllusion said:

The same thing is happening to Tesla tho... so like the market has always been a clown show. It just naked classism for people to suddenly be mad when the little guy, rightfully claps back against shorting a company 38% over what’s actually possible. 

Not the same thing with Tesla who has the best selling luxury vehicle in the US and it also produces the batteries of solar paowered homes. it's growth actually help our econoy. There is profit to back up share growth. Tesla takes that money and reinvests it into it's company.

Gamestop is on the verge of bankruptcy. What you are doing is putting money in the pockets of the Gamestop CEO which it can take and run. Nice work disrupting Wall Street guys.

 

[FATCAT 60,888]

23 minutes ago, JusKeepBreathin said:

I know that part. I meant there was no reason as to why it was being purchased so quickly.

I mean, that's the stock market? It's all just educated bets and coordinated shorting. 

[FATCAT 60,888]

3 minutes ago, JusKeepBreathin said:

The sad part is that those Reddit "heroes" could be using that power to invest in companies that are saving our environment.

But here they are causing ruptures in our economy. 

Ruptures in the economy? It's hedge funds, they literally don't have a net benefit. The shorting scheme is literally just a way for them to print money,

[StarstruckIllusion 53,565]

1 minute ago, JusKeepBreathin said:

The sad part is that those Reddit "heroes" could be using that power to invest in companies that are saving our environment.

But here they are causing ruptures in our economy. 

???

Not this stereotype that all poor people do w money is waste it... 🙃

Using funds to purchase rent or end student debts is valid and literally helps the economy. Stocks aren’t everything. Let’s not generalize what hundeds of thousands are gonna do w their money... that’s a bit much.

These are people who are more likely to understand the impact of charity, so they’re more likely to donate some money to those too

[StarstruckIllusion 53,565]

7 minutes ago, JusKeepBreathin said:

Not the same thing with Tesla who has the best selling luxury vehicle in the US. There is profit to back up share growth.

Gamestop is on the verge of bankruptcy.

 

No I’m not talking about how the companies are doing, I’m talking about how investors are playing with their stocks. Tesla was just chilling and crickets all pandemic long and now suddenly their stocks are extremely over valued and Elon suddenly became the richest man on earth, even tho they haven’t announced any new revolutionary profitable ventures. 

[JusKeepBreathin 19,311]

2 minutes ago, StarstruckIllusion said:

No I’m not talking about how the companies are doing, I’m talking about how investors are playing with their stocks. Tesla was just chilling and crickets all pandemic long and now suddenly their stocks are extremely over valued even tho they haven’t announced any new revolutionary profitable ventures. 

Wrong. Strong earnings made Tesla go up. Gurl..I...

There is no point...

[Morphine Prince 109,682]

 

[StarstruckIllusion 53,565]

PLEASEEE this is everything

I feel like it’s thread worthy on it’s own, but not in this context. RH ****ed upppp

[Ziggy 14,050]

37 minutes ago, JusKeepBreathin said:

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

But Trump broke the Twitter guidelines. Even if you don’t agree with his getting the boot, there was real reason that could be backed up by the public guidelines. This move doesn’t really violate anything. It’s a deliberate *change* of rule. Completely different story.

[JusKeepBreathin 19,311]

1 minute ago, Ziggy said:

But Trump broke the Twitter guidelines. Even if you don’t agree with his getting the boot, there was real reason that could be backed up by the public guidelines. This move doesn’t really violate anything. It’s a deliberate *change* of rule. Completely different story.

Valid point. I can agree with this.

[Ziggy 14,050]

14 minutes ago, StarstruckIllusion said:

???

Not this stereotype that all poor people do w money is waste it... 🙃

Using funds to purchase rent or end student debts is valid and literally helps the economy. Stocks aren’t everything. Let’s not generalize what hundeds of thousands are gonna do w their money... that’s a bit much.

These are people who are more likely to understand the impact of charity, so they’re more likely to donate some money to those too

And also there’s threads showing that they are wanting to do just that. How they can take this money and donate it.

[bionic 50,111]

Hedge funds complaining about Redditors manipulating the stock market in response to the hedge funds manipulating the stock market like