11–20 of 1001 posts
I guess the simultaneous outage wasn’t coincidental. Fidelity did not suffer and outage. I could be wrong but Vanguard was fine too
EDIT
Robinhood's customer(s) are hedge funds like Citadel. I believe it was Citadel who offered Melvin Capital a lifeline. I wonder what the rationale is for TD Ameritrade, and the others?
Yep, as of last night RH had also delisted 1/29 options for GME. 2/6 options are still available, which maybe points to RH hoping/thinking this all unwinds in the next few days. Sign me up for the class action...
If they were just blocking margin trading or trades with unlimited risk that would be one thing. But this smacks of either paternalism or trying to manipulate the market. I hope they lose a lot of customers (or product depending on your POV).
I'm all for "let 'em play" in general but this is not going to end well for a lot of folks...
Wow. First the Discord ban and then this - clearly the billionaire hedge fund managers have been busy pulling strings overnight. Limiting it so you can't buy, you can only sell... Very clearly helping the hedge funds here.
GME was up over $100 pre-market when I got up this morning, so someone somewhere is buying.
Yep, as of last night RH had also delisted 1/29 options for GME. 2/6 options are still available, which maybe points to RH hoping/thinking this all unwinds in the next few days. Sign me up for the class action...
Don't the ToS include a waiver of taking any legal action against RH, class action suits in particular, and a binding arbitration clause in case you really want to make some noise?
How is this not market manipulation?
Yep, as of last night RH had also delisted 1/29 options for GME. 2/6 options are still available, which maybe points to RH hoping/thinking this all unwinds in the next few days. Sign me up for the class action...
Don't the ToS include a waiver of taking any legal action against RH, class action suits in particular, and a binding arbitration clause in case you really want to make some noise?