Yup. Robinhood is part of the system. RH was probably strong armed by Wall Street to block investors from being able to buy, or else Wall Street would block RH from doing an IPO.
So much shadiness. And here Americans love to chastise Chinese stocks for manipulation when Reddit completely exposed how fraudulent America markets are. |
I dont have an RH account. Forced selling is tortious interference in contracts. |
the refunds will be had via class action lawsuits at fractions of unrealized gains.
wonder if they just calculated the damage of lawsuit and destruction of the platform vs actually holding the bag on these shorts and decided the bagholding was worse. |
I trade through my bank (not robinhood) and they've locked the platform so I can't trade or see my portfolio. That's BS. I don't own GME but I should be able to make expensive mistakes if I want to! Let alone see my regular boring portfolio. |
This morning? Probably not. |
ok. so what other stocks are shorted like crazy and have the potential to ramp up like gme did? what would you buy today to play around with in your fun account? amc, tok, koss have been thrown around, but it looks like they already peaked. |
Ponzi scheme those who got in early and got out have all your money and when it tanks you can't unload it. |
figuring it out all week probably. |
check your brokerage agreement, there is an arbitration clause. |
a classic pump and dump is playing out like a classic pump and dump. This is absolutely shocking |
not really a pump and dump. short float has only dropped 20% today and still sits at 122%. most of the calls are still in the money. theyre still gonna have to buy ~15 to 20,000,000 shares starting tomorrow if this holds
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You have no idea what you are talking about - Signed WSB investor with Diamond Hands who bought in November. |
Citadel refusing to fill RH buy orders on a stock they have an interest in is illegal. That's straight up manipulation. Refusing to sell or placing high limits is not illegal and is normal market behavior. |
why? Citadel has no obligation to fill any orders |
Vanguard and Fidelity have not blocked any orders. They have huge liquidity and are not owned by hedge funds.
I bought 50 more AMC @ $7.50 on the dip. I never trusted Robinhood; Revenge of the Bogleheads. |