Started By
Message

re: RobinHood has begun to automatically sell GME shares of some customers “for own good”

Posted on 1/28/21 at 2:08 pm to
Posted by DreauxB2015
Member since Nov 2015
7861 posts
Posted on 1/28/21 at 2:08 pm to
Just like Spygate ended with people going to jail ? At some point people need to realize there's a club and you aint in it. Trump tried to tell you everything is rigged didnt he?
This post was edited on 1/28/21 at 2:09 pm
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
18764 posts
Posted on 1/28/21 at 2:08 pm to
quote:

Anyone still thing we’re nowhere near civil war?


Eh, this is a weird one though, the majority of these young kids are lefties, and conservatives are on their side on this.... so who is fighting who then?
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
70203 posts
Posted on 1/28/21 at 2:09 pm to
RH is gonna get someone legit killed.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
70203 posts
Posted on 1/28/21 at 2:09 pm to
This isn't Red vs Blue, it's Swamp Purple vs. Green
Posted by lsu1919
Member since May 2017
3244 posts
Posted on 1/28/21 at 2:10 pm to
quote:

Even if that’s the case RH will cease to exist. There is no way back for them after today.


There are absolutely some backroom deals going down. RH is toast. Whoever owns/runs them is positioning themselves to not get completely shut out in the future.

Posted by teke184
Zachary, LA
Member since Jan 2007
101682 posts
Posted on 1/28/21 at 2:10 pm to
Probably.

My guess it that it will be someone at one of RH, Melvin Capital, or Citadel who cost someone hundreds of thousands, if not millions, to save their own asses.
Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
30706 posts
Posted on 1/28/21 at 2:10 pm to
quote:

It will: the Redditors will be declared “financial terrorists” or some horseshite and the Hedge Fund guys will go untouched.




if Biden wants unity between the right and the left, then he orchestrated this beautifully.

shite will hit the fan like nothing we've seen.
Posted by boosiebadazz
Member since Feb 2008
82565 posts
Posted on 1/28/21 at 2:10 pm to
quote:

Is this the folks who are trading on margin?

likely


Makes more sense if RH loaned them the money by which to make the trades.

Criminal if not.
This post was edited on 1/28/21 at 2:11 pm
Posted by Nosevens
Member since Apr 2019
14443 posts
Posted on 1/28/21 at 2:12 pm to
I’m more than sure those 4500 were bought prior to the three day surge . Stock was so depressed (3.60 not very long ago) because of metrics in company but also because it had 140% of short shares . Anything over 100% is called Naked Shares and is illegal which these hedge funds were already guilty of
Posted by Chillini
Member since Sep 2012
3153 posts
Posted on 1/28/21 at 2:13 pm to
quote:

I agree with all of this thread, but nothing screams working class/poor like 4500 shares at an average of $118.00 (531000.00).

What’d he buy in at? Just because someone can afford a significant trade doesn’t mean they are part of the club. Elite don’t touch RH.
Posted by Figgy
CenCal
Member since May 2020
8840 posts
Posted on 1/28/21 at 2:14 pm to
Us Barbarians need to be at the gates of these elitists.
Posted by Chewbacha
North LA
Member since Mar 2011
176 posts
Posted on 1/28/21 at 2:14 pm to
This is possible. I took it as RH was selling out investors at whatever their entry point was. I may have been wrong. Definitely wrong on RH account either way.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
18310 posts
Posted on 1/28/21 at 2:15 pm to
I don't believe that.
Posted by teke184
Zachary, LA
Member since Jan 2007
101682 posts
Posted on 1/28/21 at 2:16 pm to
If RH loaned them the money and the trades had NOT been at a loss, it is questionable whether they could force a sale.

If these people bought high on margin then had the stock crash, theoretically RH could make the sale for them. IF RH didn’t cause the crash through restricting sales of the stock.
Posted by Ailsa
Member since May 2020
3563 posts
Posted on 1/28/21 at 2:17 pm to
Posted by ArmyHogs
Your mom's house
Member since Feb 2012
9609 posts
Posted on 1/28/21 at 2:18 pm to
Did the Capitol protest on the 6th not teach these morons a damn thing? People are past peaceful protesting on Wall St. They are after blood now.
Posted by Ailsa
Member since May 2020
3563 posts
Posted on 1/28/21 at 2:20 pm to
Some were confused why Citadel paid Yellen over $800K for "speeches"



https://twitter.com/zerohedge/status/1354886376743968771
Posted by deathvalleytiger10
Member since Sep 2009
8253 posts
Posted on 1/28/21 at 2:21 pm to
quote:

If these people bought high on margin then had the stock crash


Agree, but if the screenshot is indeed legitimate, wouldn't they just say they sold the shares due to the margin contract?

The wording makes one think they just did it on their own.
Posted by teke184
Zachary, LA
Member since Jan 2007
101682 posts
Posted on 1/28/21 at 2:23 pm to
And I’d agree with you.

I’m just taking a Devil’s advocate position to see if there IS a way to justify selling it around 200 points below the daily high without the owner’s input.
Posted by Prominentwon
LSU, McNeese St. Fan
Member since Jan 2005
94367 posts
Posted on 1/28/21 at 2:26 pm to
So what happens with GameStop, the company as a whole, from here?
first pageprev pagePage 3 of 8Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram