Wallstreet: Let's fight retail investors by claiming they are manipulating the market! Wallstreet: That didn't work? Let's just blatantly manipulate the market.
It would be more problematic if RH traders couldn't exit their positions. They are just preventing buying. You can easily buy on any other broker.
**** this ****. I closed out my second run on NAKD and put it in AAL. **** these b****es. Will be liquidating my Robinhood positions soon (when it makes sense) and moving over to Chase.
I can enter a pre-market order on Schwab right now on those stocks. RH is protecting their customer. Last year they got blamed for not having adequate controls when some kid offed himself over an options trade.
Move your bags to DeFi Fintech. Thats all I am going to say. Robbing Merlin was level 1. We finna head to level 2.
I was quoting a marketwatch article. Possibly fake news or updated https://www.marketwatch.com/story/g...being-restricted-at-td-ameritrade-11611769804 They got flack for high margin but they dropped margin on these a while back.
On Schwab, it was available to trade pre-market, got restricted around 8:45AM CST, but is now available to trade at 9:10AM CST. Definitely some hijinks going on.
Wallstreet had two options 1: cover their shorts, and take the L 2: blow this into full blown manipulation and make this a national event. They chose 2. The war wages on. Sure retails will lose in the end but the bodies are coming out of the closet. (re: Robinhood citadel melvin connection)