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If you sell it, someone gotta buy it. But buying on RH is blocked. They're just trying to crash the price.
by clusterfish 6y ago
If you sell it, someone gotta buy it. But buying on RH is blocked. They're just trying to crash the price.
- Mtinie 6y agoRobinhood is one of many brokers. If you sell GME through RH, the buyer can come from anywhere.
- clusterfish 6y agoFirst, RH aren't the only ones blocking GME purchases. Second, if popular trading platforms artificially block demand, it becomes a self fulfilling prophecy, and the stock is going to plunge by this action alone. Given Citadel's involvement, this is blatant market manipulation, and I hope people go to prison for this. Ftr, I never traded individual stocks, so I'm not affected, but this is still bullshit.
- Mtinie 6y agoI misunderstood your initial statement. I interpreted it to mean there would be no buyers, anywhere. Regarding you theory, I don’t know if it’s blatant but I agree it’s suspect.