Robinhood, TD Ameritrade halt orders on Gamestop, AMC, other "short squeeze" targets (healthcare, crimes)

[Icy Tea]

This is a conspiracy! I demand an investigation! Turn those machines back on!

[roadrat]

Now we know why certain Dem pols were talking about neo nazis on reddit, they will soon be de_platformed by bezo's or one of the other tech lords.
How dare the proles make sport of the nobility.

[twinArmageddons]

Originally Posted by Ponderosa

This blocking of trades to protect wealthly investors' holdings is despicable. It is everything that is wrong with so-called "capitalism" a game rigged for the privileged.

Exactly.

Also, I will also say it's pretty refreshing to see people on both sides of the aisle agree on an issue for once:

****ing over the stock overlords.

[godofthunder9010]

I think everyone who is not in on the Big Brother stock trading giant company bullcrap is on the same page on this one. Now what do we do about it?

[Annandale_Man]

Originally Posted by Ponderosa

This blocking of trades to protect wealthly investors' holdings is despicable. It is everything that is wrong with so-called "capitalism" a game rigged for the privileged.

Part of the "blocking" is to prevent the computer programs that enter automatic trades based on the run up from artificially raising the price.

[Bitey]

Originally Posted by Annandale_Man

Part of the "blocking" is to prevent the computer programs that enter automatic trades based on the run up from artificially raising the price.

IOW, to keep the "wrong people" from gaming the system.

[twinArmageddons]

Originally Posted by Annandale_Man

Part of the "blocking" is to prevent the computer programs that enter automatic trades based on the run up from artificially raising the price.

Because we can't have the wrong people gaining money from the stock market.

That's the reason.

Period.

[roadrat]

Originally Posted by Annandale_Man

Part of the "blocking" is to prevent the computer programs that enter automatic trades based on the run up from artificially raising the price.

Bullship! The automatic trades are not being run thru apps like robinhood, this is the big tech lords protecting there hedge fund buddies, all with the blessings of the fed and Dems.
Us peasants have been sold into slavery.

[elan]

Poor peons, the overlords have spoken.

[Adric]

Let the hedge funds eat the risk they created and fail.