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

[Winterbeard]

Originally Posted by _McLuvin

Now that the rabbit has the Gun, they wanna regulate.

That's a lovely way of putting it.

[Malloric]

Originally Posted by Winterbeard

Have they tried giving their boot straps a good tug?

Maybe work a second job?

That's pretty drastic. Maybe they could join the sharing economy and AirBNB the second yacht though.

[Adric]

Originally Posted by greywar

Im hearing some reports that robinhood is now selling peoples gamestop stocks for them. LOL. I dont think thats going to end how they like.

"We don't trust you with your money. Here, we'll just sell that for you."

[Bettafish]

People's tolerance on unfairness is higher than I thought.

[Malloric]

Originally Posted by Bettafish

People's tolerance on unfairness is higher than I thought.

I don't know that it's the case but especially the newer bunch of online brokers almost always run through a clearing house. If the clearing house isn't selling, then nothing you try and buy through a broker is going to go through no matter what the broker may or may not want to do. That doesn't apply to TD Ameritrade, E Trade and whatnot. They self clear or using a captive entity for clearing rather than Apex or IB or whoever.

Anyway non-regulatory stop orders aren't unheard of. It's just unusual for them to happen because of retail investors action.

[Mathguy]

Originally Posted by kimumingyu

Eat the rich, I say.

Yeah, when Gamestock falls back down under $10....it won't be the rich that have been eaten...they're generally not that stupid.

[8won6]

Originally Posted by Winterbeard

Have they tried giving their boot straps a good tug?

Maybe work a second job?

lol.

[Bitey]

Originally Posted by Dane_in_LA

Has someone suggested that the hedge fund CEOs cut back on lattes and avocado toast?

Maybe they can Learn to Codeâ„¢ for Robinhood or TD Ameritrade.

Originally Posted by anononcty

Here we go right on cue. Senate Hearings on the stock market in wake of GameStop

https://www.bloomberg.com/news/artic...amestop-frenzy

Let's take bets on which target they aim their ire at:

1. The autistic collective who figured out how to work the system to their advantage, or
   
   
2. The retail trade platforms who changed the rules on the fly to shield their institutional bosses from the consequences of losing their bet.

[veuvegirl]

There is a class action lawsuit against Robinhood already. I logged on to buy some stocks and couldn’t access the app until mid-day. They are horrid for stopping the purchase of these sticks to drive the price down. It will be interesting to see how it plays out. I know several people that had significant money on GME, AMC, NOK and BB

[BlakeJones]

Originally Posted by Bitey

It's OK for the plebes to make a dime or two if they get lucky from time to time. But allow them to make serious money, at the expense of the royal class no less? Harumph I say!!

Oh yeah, and in a remarkable coincidence, Discord discovered /wallstreetbets is guilty of "hate speech" at the very moment powerful hedge fund managers took to the news channels to complain about how they're being taken advantage of and "someone needs to do something about it!"

Any lingering doubt about whether the system is rigged have been utterly erased. They can't afford to even try to hide it any more.

Tim Pool I had no idea you were on CD!!

on point as usual