Reply to Robin Hood just ended trading on GameStop and AMC

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[quote=Anonymous][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]

You've got it backwards, friend.  The redditors can afford to lose some fun money.  The hedge funds cannot afford to lose billions.  [/quote]

Wall Street is furious that the little guy has figured out how to manipulate the market just like they’ve been doing for 50+ years.

Sauce for the goose.

Of course you can bet Congress will come to their rescue, with bailouts and new laws to protect hedge funds from being hurt again by ordinary people. Schumer will be all over this. Wall Street is his lifeblood. [/quote]

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