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Political Discussion
Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This has been discussed on the Money forum for days. But what I don't understand is how they can stop the trading. Is that legal?[/quote] Trading hasn't stopped. Robinhood and other platforms aren't doing it. Watch what happens as the late coming reddit, crowdsourced, populist short squeezers lose their shirts. Yeah. Hedge funds lost a bunch of replaceable billions. The squeezers will lose the money that they can't replace.[/quote] What you don't get is that a ton of people don't care about the money. This is guerrilla class warfare. Redditors want to stick it to the elites who got bailouts in 2008 and who have now gotten more wealthy during the pandemic while the middle class constant continues to get trampled on. No one bailed out the middle class in 2008. This is payback. The money irrelevant. [/quote]
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