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15
skuls308 15 points ago +15 / -0

No, You can sell but you can't buy.

RH cancelled my orders I put in for GME last night. Today it is banned.

13
CMUBigGuy 13 points ago +13 / -0

That's absurd. That is market manipulation. You can only sell a stock, but not buy it. You've gotta be kidding me.

4
utfanx2 4 points ago +4 / -0

How can you sell if nobody is allowed to buy?

6
ProdigalPlaneswalker 6 points ago +6 / -0

not all platforms are stopping buy orders

...

however the market size of buy orders is being artificially constrained by the platforms that are banning them.

spez: it's like the election fraud where they don't have to interfere in all 50 states, just enough in some states to push things in the direction they want

5
anon2309011 5 points ago +5 / -0

Melvin got bailed out by Citadel. Citadel owns the RobinHood app.

Robinhood is buying the stocks for those that are panic selling.

3
Libertas_Vel_Mors 3 points ago +6 / -3

Good to see they didn't totally fuck over their customer base... thank you for letting me (well, everyone) know.

21
OhNoes 21 points ago +21 / -0

They did fuck over their base.

Banning buy orders but allowing sell orders is a direct and illegal manipulation of the market at the expense of everyone who isnt an overleveraged cunt fund with a short position.

9
Libertas_Vel_Mors 9 points ago +9 / -0

Precisely. I didn't expect it from the likes if IKBR and Robinhood, but I'm not really surprised.

4
anon2309011 4 points ago +4 / -0

The Melvin capital hedge fund got bailed out by Citadel for 2.5b.

Citadel owns the Robinhood app.

Robinhood won't allow anyone to buy GameStop, but only sell it to Robinhood, aka back to Melvin.