This area is for discussions that do not fit into the formal firearms discussions of the website. Common sense and non-controversial contributions are expected. Certain topics are forbidden. See the forum rules for more details.
This is kind of humorous.. Not sure if anyone else has been following this story.
Saagar Enjeti: Wall Street Elites DESTROYED, Beaten By Redditors At Their Own RIGGED Game https://www.youtube.com/watch?v=9ToOGrUQ7ME" onclick="window.open(this.href);return false;
Seems the trading apps are now pushing back and restricting trading by the small investors. https://www.youtube.com/watch?v=KV9PyLaIdj0" onclick="window.open(this.href);return false;
Click Here to file a complaint with the SEC.
Click Here to file a complaint wit with FINRA.
Click Here to file a complaint with Robinhood directly.
Robinhood Financial LLC 85 Willow Road Menlo Park, CA 94025 United States
This morning I, and millions of other retail investors, were blocked from purchasing (entering new buy orders) on the Robinhood platform, without notice. This clear example of market manipulation has forced the stock down from over $500 in after-hours to less than $300 as of this writing. Meanwhile, hedge fund interests are NOT blocked from buying the shares being traded and the lower price obviously benefits them.
We retail investors have followed all the rules and finally stood to gain a LITTLE bit from Wall St and they suddenly change the rules "to protect" us. I am requesting you use your subpoena power and regulatory authority to examine whether Robinhood colluded illegally with any other actors who may have held short positions on these stocks to reduce the number of buyers for $GME and therefore deflate the price. This is market manipulation.
info for form: Robinhood Financial LLC
Address: 85 Willow Road Menlo Park, CA 94025 United States
"Arms discourage and keep the invader and plunderer in awe, and preserve order in the world as well as property. . . Horrid mischief would ensue were the law-abiding deprived of the use of them."
- Thomas Paine
"Malo periculosam, libertatem quam quietam servitutem."
“It’s not that we don’t have enough scoundrels to curse; it’s that we don’t have enough good men to curse them.”–G.K. Chesterton-Illustrated London News, 3-14-1908
Republicans.Hate.You. See2020.
"Avarice, ambition, revenge and licentiousness would break the strongest cords of our Constitution, as a whale goes through a net. Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other." John Adams to Mass Militia 10-11-1798
Equity trading is a game rigged for institutional players. Always has been. Other than buying a low cost fund or stock I companies you research yourself, trying to win, or beat the pros (in a big, or large scale manner) at the game they created the little guy will lose, and the big guy will stomp on your carcass.
Stay in your little 401(k) or investment vehicle while they disgorge big fees for running computers. That’s their plan.