During today's short ladder...
•There was 443k shares sold in a single batch at $120 at 11:24:36 AM EST.
• There was 347k shares sold in a single batch at $140 at 11:19:09 AM EST.
Someone took a total loss of $300M from the price an hour prior OR that is a $100M short sale.
4. Subpoena all emails and communications between the hedge funds who were taking huge losses who are investors in Robinhood (example: D1 Capital. D1 was down $4bn on its shorts and only has $200mn investment in Robinhood.
3. Subpoena all emails and phone calls between the Wall Street banks and Robinhood (Robinhood gives its shares to Wall Street banks to lend out to hedge fund clients to short through prime brokerage).
SEC should investigate the following:
1. Did Citadel’s hedge funds (Citadel Global Equities and Citadel Wellington) hold any short positions in stocks heavily owned by Robinhood users? And did they increase them in the past few days?
Check out this article from MarketWatch - Sen. Warren calls for SEC to deal with 'market manipulation' amid GameStop's surge
Thank you @SenWarren https://t.co/9WIjPUt6PL
GameStop and AMC shares tumbled more than 40% as some brokers imposed trading limits. The broader market rallied, with the Dow up nearly 2%. https://t.co/4NgSYzNU3U
@RobinhoodApp im suing you for locking the ability to buy stocks I own shares and options on during work hours. You are illegally manipulating stock prices #amc#nokia#gamstop#wallstreetbets