@AmericanAir being treated rudely by first class flight attendants is my biggest pet peeve. I don’t mind following requests, but being spoken to nicely is a requirement. 2nd time this has happened, my previous (far worse) issue was disregarded
Think GameStop is wild? Wait 'til you see what the financial industry did to retirement accounts for teachers, nurses, police, firefighters and factory workers in 2008.
Their punishment? 0 jail time, big bailout, and a huge new revenue stream: cheap houses to buy and rent out.
I’ll be hopping on Twitch at 8:30pm tonight to discuss today’s developments with GameStop and retail trading. 👾 Might have a guest or two join - we’ll see.
See you there!
Inquiries into freezes should not be limited solely to Robinhood.
This is a serious matter. Committee investigators should examine any retail services freezing stock purchases in the course of potential investigations - especially those allowing sales, but freezing purchases.
This is unacceptable.
We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.
As a member of the Financial Services Cmte, I’d support a hearing if necessary.
I’m glad this is happening, they should have no right to see me as “somebody they can squeeze out” unless we have the right to squeeze them out too” (3/3)
shared this w/ a friend, his reply “The irony is that brokers sell all your info to the marker makers; your order flow, your account balances, your equity & margin balance, everything.....and retail shorts take incremental risk because of this, so finally the playing field (1/2)
is even & retail can “see” Wall Street and squeeze them out right? Good! Fuck them & fuck their shitty system selling my order flow & margin balance...(2/3)
Wall St. got caught in a bad trade and these institutions are doing everything they can to stop themselves from bleeding even more.
The instruments used are available to everyone, and they worked exactly how they were intended to.
Expect lawsuits.
A letter to the SEC
Your mission is to “protect investors and maintain fair, orderly, and efficient markets”
Yet retail investors on the Robinhood platform are unable to buy any shares of GameStop ( $GME ), BlackBerry ( $BB ), Nokia ( $NOK ) and others.
How is this fair?