4 ms·
What upsets me is the fact that selling isn't halted. If only buying is halted, it's obviously going to cause the stock to plummet. Retail investors who bought
by gintoki927 6y ago
What upsets me is the fact that selling isn't halted. If only buying is halted, it's obviously going to cause the stock to plummet. Retail investors who bought AMC, GameStop, Nokia, or Blackberry are going to fear losing a lot of money and sell. If everyone does that, the stock price decreases. It's obvious manipulation in favor of hedge funds shorting the stocks. I really hope Robin Hood gets hit with a class action lawsuit. I don't want to sound greedy because I'm losing money, but the way this is being dealt with is beyond unfair. Losing money for a stupid decision is fine by me, but joining a movement like this and having it shut down by force is absolute bullshit. How can hedge funds be allowed to manipulate the market but we can't come together to fight them?