Reply to Robin Hood just ended trading on GameStop and AMC

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]E*Trade is restricting trades in Gamestop.  Time to figure out how to widen the conspiracy theory to include them:

https://www.bloomberg.com/news/articles/2021-01-28/e-trade-restricts-purchases-of-gamestop-amc-shares

[/quote]

It's true. I just tried to buy 4 shares of AMC with my own money on e-trade(no margin) and it's a no go:

"Opening orders for this security cannot be accepted online at this time. For assistance with placing this order, please contact Customer Service at 1-800-ETRADE-1 (1-800-387-2331)".

This is absolutely ridiculous![/quote]

And now that you know this isn't a Robin Hood conspiracy, here's your next tidbit.  Melvin Capital and Citron already closed their short positions.  So yay, the hedge funds were defeated.  Now a whole bunch of people are holding securities they bought at prices over $100.

So, the redditors are like QAnon.  They are inside the capitol.  What do they do next?  Where's the end game for the person who posted this morning about how he can pay for his sister's college?  Will he soon be posting about how he lost his savings?[/quote]

NP.

F@@@ you pp. Equating everyday Americans, again crushed under the heel of big business to seditionist traitors. Hedge funds tried to bankrupt GameStop to make a buck. A bunch of small time investors banded together to make sure they paid for their continued destruction of American companies for profit.

Most of them literally do no gaf about the money. The subreddit is one post after another saying they don’t care if they lose as long as they drive the lesson home. I myself, a woman who had never been to the subreddit before today, spent $100 on Nokia and amc just in solidarity with them. Do not care if I lose all of it. There are a lot of us. And we’re not committing effing train you elitist wealth inequality championing apologist for the billionaires.[/quote]

LOL there were some small investors at the beginning but to manipulate the stocks took billions of dollars. This was way out of the reach of individual investors. This was other hedge funds jumping in. Do not believe Fox News hype. This was done by your elites. [/quote]

I’m the pp “billionaire” who spent $100. I would have walked across shards of broken glass to vote for Biden. But sure keep trying to profile me.

A lot of you really don’t seem to understand that a lot of this is built on vengeance not greed. Just because you always act in the interest of profit doesn’t mean others do[/quote]
NP.  This is very interesting.  You actually are a seditionist, metaphorically speaking.  Like them, you are angry at an unfair system so you struck back in a strong and unexpected way.  And you did in fact scare the crap out of the powers that be, without any deaths or physical injuries.  Well done. [/quote]

She is not a seditionist. She is more like a voter who is voting for change. She is letting her $100 speak for her just like a vote would.

[/quote]
Not the same as a voter.  They expect you to vote and they don't expect any change to result.  But she changed something.  She introduced a new risk.  It will be harder for short sellers going forward.  It happened once, it can happen again.[/quote]

[b]If any group is like the seditionists here, it's the hedge funds. They don't care that cheating can destroy faith in the financial system and bring it down. They want to win at all cost. [/b]

[/quote]

+1. 
Seditionists: "We don't like the free and fair election outcome. We are going to overthrow it, under the cover that it was "stolen.""
Robinhood: "We don't like the free and fair price of GME stock. We are going to stop allowing our customers to buy it, under the cover of protecting them."[/quote]

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