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Allowing a stock to become sell only will trigger a sell off and this WILL help the short sellers cover ( may be with reduced loss).. Just allowing selling of
by totaldude87 6y ago
Allowing a stock to become sell only will trigger a sell off and this WILL help the short sellers cover ( may be with reduced loss)..
Just allowing selling of a stock makes, free markets a joke.
I am seeing analogies like will apple store sell me a pixel 3a etc. This is not a product robinhood buys or sells , they make my transaction with a bigger shark (Citadel) who is in bed with the hedge fund who shorted ~112% of outstanding shares. When a group of people took advantage and created a squeeze, they block their ability to buy more to strengthen their squeeze.
- totalZero 6y ago> Allowing a stock to become sell only will trigger a sell off and this WILL help the short sellers cover ( may be with reduced loss) Yes. Blocking opening buyers essentially means that closing short-sellers don't need to compete for supply.