re: Holding AMC Thread- Diamond hands unite

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Likely? No, not really. Dark pools have a negative connotation but the vast majority of trades there are simply designed to spread out very large blocks efficiently.

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So the hidden nature of those trades, and the ability of MMs to route those trades thru a hidden, and unregulated system does not bother you? Not dark pool, but some MMs were fined for processing their trades before retail, even though the retail orders originated first. If they have the ability to do that, thereby manipulating pricing, then holy shite, dark pools are on on a whole other level!

If the true price is $1500, and it is being hidden thru dark pools, I can easily see why they would do this, especially in case of a stock that is 80% owned by retail. Imagined the FOMO if the stock was just at $100. They are currently routing half of all trades thru dark pools at the current level. IMO, every trick in the book will be used to keep the price down, and lower it. The alternative is Armageddon for them.

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Robinhood and others did that because of capital requirements. I know it’s not a great story, but it’s almost certainly the case. No different than you buying and selling in a day and having to clear funds by settlement in your own account. They had to raise a ton of extra capital from investors during that ordeal. They were about to be fricked. It wasn’t nefarious Citadel pressure or some BS.

Look, I’m no fan of payment for order flow. I think Robinhood is a net negative and ultimately hurts retail investing long term, but that’s a story for another day. I’m no fan of hedge funds either. I have said time and time again I want y’all to kill it. I truly do, even if I think your logic is loopy.

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This is where I 100% disagree. Their was a reason why congressional hearings were called. The move to restrict buying during an upswing, stunk to high Heaven. Especially considering that RH's major source of revenue was from institutions like Citadel who had extremely and substantial losses if people continued to have the ability to buy. Did you also forget that Vlad gave different excuses on different days, during the outcry? He finally settled on the "capital requirements" excuse.

At the end of the day, you have MM's like Citadel, who had a large investment that was going south. They also had the ability to influence brokers who they were paying for order flow. At the very least, an MM should not be in this kind of conflict of interest. It's telling that you have politicians like AOC, Maxine Waters, AND Ted Cruz on the same side of an issue.