For a real eye opener, see this documentary (free on Youtube) from some of the people who helped create the monster.
Just click this image to watch it: 
Posted on 01/28/2021 10:36:56 AM PST by Onthebrink
Trading app Robinhood on Thursday restricted buying or trading in GameStop stock along with several other formerly obscure stocks that are spiking following a scramble of social media driven trading activity this week.
The popular stock market app informed users that they could close out positions on the highly volatile stocks but could not purchase additional shares.
(Excerpt) Read more at nationalreview.com ...
The big boys got to them pretty quick.
Action-reaction, action-reaction.
The Kleptocrats are very predictable.
They just can’t help themselves.
Wonder if clever folks might be able to take advantage of that somehow...
;-)
Hey Peons
Whatever you do, don’t cost billionaires money
And if billionaires decide to short a stock of a company that you peons work for or buy from, you are suppose to sit back and watch them obliterate the company from existence.
You do NOT go in with a few thousand like minded people with $600 stimulus checks and buy up as much stock as you can so the billionaires Shorts get squeezed
Peons, you are not suppose to do that
Now your forum will be canceled, the brokerage firms will prevent you from acquiring more stock and you all will be investigated by the FTC for you illegal collusion to cost billionaires money.
Biden Whitehouse is sad here, Hunter and his pals lost a lot of money on these shorts. They were suppose to make easy money here. And you peons ruined their day.
A company that built an App for small investors, now limiting small investors capability to react to the market.
A reputation like that doesn’t bode well for the company.
And the company's mission is to "provide everyone with access to the financial markets, not just the wealthy"??
Is this some kind of sick joke?
For a real eye opener, see this documentary (free on Youtube) from some of the people who helped create the monster.
Just click this image to watch it:
A member here posted this:
The Hedge Funds are in trouble. Not just a little financial trouble, but a lot of legal trouble.
What triggered the buying of Gamestop was people on Reddit noticing that short sellers had sold 140% of the actual amount of Gamestop stock. The hedge funds not only sold stock they didn’t have (Naked Short Selling, which is illegal, at least when mere mortals do it), but 40% more than exists.
This is why many brokerage houses have halted retail investers ability to buy Gamestop
Much of the volume of Gamestop trading involves stocks which do not actually exist. The trades cannot be cleared. The trades cannot be settled by the clearing firms..
And once this becomes painfully obvious to the general public, too many uncomfortable questions are going to be asked.
https://www.investopedia.com/terms/c/clearing.asp
If they don’t reverse course and open this up they may not survive the year.
When Ted Cruz and Elizabeth Warren both agree it’s wrong for Robinhood to do this then who’s left to bail them out?
Citadel allegedly is the hedge fund that funds Robin Hood.
Citadel and Melvin are connected.
So it was rigging the game. Lawsuit already filed in NY.
Ted Cruz abs AOC agree it needs to be investigated.
The Ruling Class coalesces to smash the Little People
Biden Approves
Kum-Allah will prosecute
There have been rumors that the same thing has been happening with “paper gold” for many years.
The financial markets are loaded with fraud—everywhere you look (or in the case of .gov “regulators”, don’t look).
Oh, no, the wrong people are making money ...
Thanks for the info.
Bernanke is also involved, somehow.
Robinhood is owned by one of the hedge funds on the losing end of the Gamestop shorts.
Betting the FBI is okay with this because the hedge fund owners are ‘genetic democrats’...
I guess they are telling "average people" that they have a chance to bet the big boys at their game.
Until they actually do it.
But the elections are not rigged.
Why would investment be different than elections or law enforcement?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.