Robinhood blatantly manipulates the market for the elites
Robinhood, the app used by most reddit users on Wallstreetbets (ASB) has blocked all shareholders of GME (Gamestop) from buying new shares. They are only allowed to sell the shares they currently own, not buy new ones.
This is blatant market manipulation and Robinhood will be getting sued.
Our progressive representatives need to make it clear that this type of one sided manipulation is completely unacceptable.
Meanwhile, reddit is striking back at Robinhood. They've lawyered up and are threatening a class action lawsuit.
And the Canadians come to the rescue. They have no such restrictions in Canada, land of the free. They are holding and buying. Europeans are also holding and buying up more GME.
This has become a global revolution against the elites. Robinhood won't exist for very much longer. 56% of their users hold GME stock and many of them are leaving. Add in the class action lawsuit and Wall Street is about to learn not to fuck with us anymore.
EDIT: absoulutely amazing! Since Robinhood blocked purchases of GME, the rest of the world has gobbled up so many shares that GME has doubled from $200 to $400. The hedge funds losses have now gone from 3.7 billion to likely double IN A SINGLE DAY.
Welcome to the Revolution.