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re: Robinhood has turned off buys for GME, NOK, AMC

Posted on 1/28/21 at 9:39 am to
Posted by Chero987
Member since Jan 2021
215 posts
Posted on 1/28/21 at 9:39 am to
Probably a good idea to move to a Fidelity or Schwab. They try that with their customers, they’ll lose million $+ portfolios quickly.
Posted by AUjim
America
Member since Dec 2012
3812 posts
Posted on 1/28/21 at 9:40 am to
I will say that for those moving, Schwab has been solid for me through this, other than the mass outage of everyone yesterday morning...But I could still buy/sell what I want.

Posted by LSUisKING12
Baton Rouge
Member since Sep 2010
323 posts
Posted on 1/28/21 at 9:41 am to
Is Schwab working for you today?

I can log in but can’t trade at all. You can’t even get in through their phone lines either.
This post was edited on 1/28/21 at 9:42 am
Posted by supadave3
Houston, TX
Member since Dec 2005
32170 posts
Posted on 1/28/21 at 9:41 am to
quote:

'm moving my Robin Hood to webull as well. But I have to close out my margins first.


I’m working now and just not looking at this shite again until tonight. See where we’re at then but I’m done with Robinhood forever.

Gotta concentrate on the job for the next 9 hours or so though or I’ll be cashing out all that shite to pay bills. Haha
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 1/28/21 at 9:41 am to
Big fan of Schwab
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 1/28/21 at 9:42 am to
This is manipulation by Robinhood. They are collaborating with the short hedges and allowing them to cover before the retail longs get in. By Robinhood delaying the retail longs the short hedges won't get squeezed.
This post was edited on 1/28/21 at 9:44 am
Posted by Chad504boy
4 posts
Member since Feb 2005
178947 posts
Posted on 1/28/21 at 9:43 am to
I've mastered the art of buying high and selling low like fugg.... i'm outtie.
Posted by Tigersaint09
St Petersburg
Member since Dec 2013
1127 posts
Posted on 1/28/21 at 9:45 am to
Submit a complaint to the SEC here

SEC
Posted by Joehat
New Orleans West
Member since Jun 2011
1099 posts
Posted on 1/28/21 at 9:46 am to
Someone or a bunch of people are going to jail. I used house money I gained on TSLA options to just stock up on NOK and AMC options yesterday. Unbelievable.
Posted by dhuck20
SCLSU Fan
Member since Oct 2012
23211 posts
Posted on 1/28/21 at 9:49 am to
Me watching this without owning any of them

Posted by K9
wayx....BOBO IN '19 &lt-- oops
Member since Sep 2012
26844 posts
Posted on 1/28/21 at 9:51 am to
I bailed. Probably will regret it but I'm new to this and have no clue what the move is.

frick these ppl man
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
48570 posts
Posted on 1/28/21 at 9:53 am to
Nokia volume nearly at 500 million 90 minutes in.

AMC at 263 million.
Posted by supadave3
Houston, TX
Member since Dec 2005
32170 posts
Posted on 1/28/21 at 9:56 am to
My BB and Nokia are bleeding right now and I should be booking tickets to Maui.

So fricking infuriating.
Posted by PUB
New Orleans
Member since Sep 2017
20867 posts
Posted on 1/28/21 at 10:01 am to
Corrupt Wall Street was on the phone all day yesterday with their criminal Yellen who ran the Federal Reserve scam. Those trading platforms probably got a call threatening jail time if they did not comply.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59252 posts
Posted on 1/28/21 at 10:04 am to
I got some AMC @ $12 this morning hoping the Robinhood crowd would find a work-around. Going to hold it for a day or two to see if they do. If not, oh well.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11958 posts
Posted on 1/28/21 at 10:05 am to
Is CNBC melting about the market manipulation this morning?

I'm guessing since their buddies aren't losing money they don't care all that much about who's holding the bags.
Posted by flyAU
Member since Dec 2010
24900 posts
Posted on 1/28/21 at 10:05 am to
AMC is coming back
Posted by flyAU
Member since Dec 2010
24900 posts
Posted on 1/28/21 at 10:06 am to
I’ve had a $6k swing in my accounts in 5 mins. Shoot me.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 1/28/21 at 10:08 am to
quote:

AMC is coming back


According to Fidelity orders tons more people buying than selling right now. Was down to $2.4B and now back up to $3.4B for Mkt cap.
Posted by elprez00
Hammond, LA
Member since Sep 2011
31554 posts
Posted on 1/28/21 at 10:08 am to
I don’t have any real money invested in this. I was trying to flip a few hundred dollars to buy a new shotgun. So I don’t have real dollars at stake and this is still infuriating.

You’re effectively watching the end of Trading Places but after the crop reports were released the Dukes were allowed to shut down the market.
This post was edited on 1/28/21 at 10:09 am
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