271–280 of 1001 posts
I am in Uk, and Trading 212 has not allowed any purchases since yesterday. Freetrade is the only platform that was still allowing trades. I thibk i will stick by them, despite them taking saubscribtuon payments
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> the powers that rule USA don't realize that soon the only tool left to common people is violence? What's even more concerning to me is that, to platforms looking for an excuse, your comment could be painted as trying to "incite" violence, and used as a justification to ban you.
The WSB sub is almost certainly going to get banned by Reddit. Given the track record Reddit has of keeling over to public pressure, there is no way they are going to stand up to the SEC.
Robinhood doesn't like us? We'll start out own.
Reddit doesn't like us? Let's just kickstart and crowd-source another.
This idea that the common man needs to be protected from himself is paternalistic and condescending. Private equity is the means of collective action and the rich people don't want us to organize without their blessings.
This sort of stuff will put people more and more on edge, there is the deplatforming going on, people asserted their power financially, and now getting that removed too, the powers that rule USA don't realize that soon the only tool left to common people is violence? Even more with some irresponsible newspapers blaming the whole thing on GamerGate and Alt-Right, effectively pushing away people that previously could b…
Listed companies want nothing to do with this.
Restaurants like customers, but imagine a stampede of 1000 people rushing through the doors, it's not what they want.
The populism here is getting ridiculous, I don't think most people have any understanding of what's going on.
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> the powers that rule USA don't realize that soon the only tool left to common people is violence? Do you honestly believe this? Somehow we'll go from not being able to buy certain stocks to violence? Banning collecting rain water on your own property didn't do it. Abject failure of politicians keeping drinking water clean didn't do it? Not being able to buy cheese from unpasteurized milk didn't do it. Can't grow a…
The Federal Government does not have any restrictions on rainwater harvesting. Some states have minor regulations in terms of the amount of rainwater collecting and the means by which it is collected, but most states allow their citizens to collect rainwater while others even encourage it. https://worldwaterreserve.com/rainwater-harvesting/is-it-ill...
This sort of stuff will put people more and more on edge, there is the deplatforming going on, people asserted their power financially, and now getting that removed too, the powers that rule USA don't realize that soon the only tool left to common people is violence? Even more with some irresponsible newspapers blaming the whole thing on GamerGate and Alt-Right, effectively pushing away people that previously could b…
Can someone help me understand Robinhood's POV? This just seems so outrageous that there must be some sane rationale that I'm not seeing. Why do Robinhood, Reddit, Discord, etc feel like they have to respond to this? Whether the investments being made are responsible or not, it doesn't seem like it should be their place to intervene. If the hedge funds over-shorted GME and WSB recognized that and traded against that…
From Schawb “It is not uncommon for us to place restrictions on some transactions in certain securities in the interest of helping mitigate risk for our clients,” from Massachusetts secretary of the commonwealth “It is very clear to anyone looking at the numbers that the whole marketplace is being manipulated here,” he said. I imagine Robinhood's thinking is similar
I don't get this.
I didn't know anything about short selling a few days ago and maybe now is a bad time to learn... but my understanding is that short selling is only legal because it disincentivizes bubbles caused by artificial overestimation of a company. Investors took it too far and short sold over 100% of the stocks in a company, ironically creating ideal conditions for a bubble. As soon as GameStop's stock turned upward, the rampant short selling resulted in a demand for more than 100% the supply of GameStop's stock, resulting in a meteoric rise in price.
But how is this market manipulation? The rise in stock price has nothing to do with an artificial overestimation of GameStop's value. It's just fundamental supply and demand. If anything, the short sellers are the ones who manipulated the market when they started shorting over 100% of the stock supply.
Like I said, I'm a complete noob when it comes to the stock market. Maybe I'm misunderstanding something?
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Ah yes, speculate, and then be outraged from your own unfounded, evidence-less, conclusions... should we storm the Capitol next, because we are dead certain the election was stolen?
You know, one day this sort of thing will happen to you or someone or something you care about, and you will instantly be enlightened on the dangers of unchecked power.
God damn, everyone's lost their minds...
I fear they are about to get a harsh lesson in what happens when the mob you are leading turns against you.
Can someone help me understand Robinhood's POV? This just seems so outrageous that there must be some sane rationale that I'm not seeing. Why do Robinhood, Reddit, Discord, etc feel like they have to respond to this? Whether the investments being made are responsible or not, it doesn't seem like it should be their place to intervene. If the hedge funds over-shorted GME and WSB recognized that and traded against that…
The way to make money in a bubble like this is to sell right before the pop. At some point the word will go out that it’s over—“we won”—and everyone will rush to sell their GME and take profits. It’s not possible for all those people to succeed. Broker apps like Robinhood will be absolutely overwhelmed with sell orders, many of which will run into technical problems and/or no counter parties. A lot of people are goin…
If a broker has a technical problem processing a trade, they deserve to be blamed.