4 ms·
Who do you sell to if purchases aren't allowed?
by ngngngng 6y ago
Who do you sell to if purchases aren't allowed?
- Brystephor 6y agoother brokers still allow buying of gamestop stock. This is purely robinhoods decision to block trading using their app. There is no official market wide block.
- ineedasername 6y agoThe problem is that much of the buy demand seems to be on the retail side. But the retailers have shut that down, so you're left selling to a portion of the market that has the lease demand for what you're selling.
- joncrane 6y agoMost other major retail brokers are also locking out GME, AMC, and co. For example Interactive Brokers and Revolut have followed suit. I believe Ameritrade is also restricting trading.