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Exactly. The entire market should be impacted equally. A brokerage making this decision is problematic. I'd fear now the WSB gang turns to class action lawsuit
by conductr 6y ago
Exactly. The entire market should be impacted equally. A brokerage making this decision is problematic. I'd fear now the WSB gang turns to class action lawsuit on RH et al for preventing them from exiting their positions, after ... well, allowing them to enter those positions. You know, the job of a brokerage.
- jaywalk 6y agoRobinhood has not prevented anyone from closing their position. They've only prevented people from buying these stocks.