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Is there anything wrong with folks buying a stock like GameStop because they want to stick it to hedge funds? No.
Is there anything wrong with Robinhood stopping people from buying $GME or allegedly doing force sells? Likely. @SEC_Enforcement should investigate @RobinhoodApp.
Securities and exchange commission : File a Class Action against Robinhood for market manipulation - Sign the Petition! https://t.co/5eRAGKOAY7 via @Change
The same financial media that allowed shorts free reign to bash stocks to hell for years are now calling folks with $1,000 in a #RobinHood account a cartel.
Trying to illicit sympathy for folks who made billion crushing stocks and pay the lowest taxes rates isn't going to work
Hedge funds are among the most destructive enterprises on Wall Street, often creating self-fulfilling prophecies of business failure that cause thousands to lose jobs while the traders and managers rake in big bucks. Moral of all of this: Hedge funds need much tighter regulation.