They couldn't even do it under the guise of the SEC. They are calling in favors and texting pictures of dead hookers in a last effort. This will truly change wall street for at least a decade, just like 2008. Lawsuits will be filed. Wall street and Social media will get the regulation hammer. Social media has gotten into every nook and cranny of humanity but when you get it into finance people will actually listen. They don't care if you **** with their democracy but if it hits their wealth...well.
There is a chance this backfires and they provoke investors to gorge spend. I got in on CTRM at 0.39 so I'm gonna be keeping my eye on this.
That's bullshit for rh and others to do this. I mean rh can't even trade for another 10min or so. It looks like Webull is still open atm, but this could wreck things if they start limiting entries.
people finding out there was no barrier to entry into the stock market, the thing people were getting rich off of, now they are trying to bar you from entering. this wont end well.
I saw some really weird stuff on options for the meme stocks too last night and rumors of blocks, like I understand if they don't want to cover further margin/new naked contracts, but I don't think they should be able to block buying w/ cash/stock entry altogether. Of course RH and others are going to state they're protecting you.
Look at these meme stocks tankkk. Seems like everyone needs to take their money out of Robinhood. Are they really not allowing anyone to buy right now? They allow trading at 8am I believe.
Trying to laugh about this but I'm ****ing pissed. I went balls deep into $nok yesterday and I'm bleeding out right now. This is this biggest crock of **** I've ever seen. Your ****ing name is robinhood and you're now ****ing your customers to keep the rich rich and the retail investor down. **** robinhood how do you change the rules midstream? **** robinhood
