Everyone knows (or should) why they set the clock to tomorrow for preventing buys. But forcibly selling shares? What. The. Fuck?
Robinhood (and anyone else that does this) just lost a metric fuck-ton of customers; on top of that, I bet lawyers everywhere are sharpening their knives and pre-positioning filings for obscene amounts of class-action money.
Man... I'm not impacted by this, but I genuinely feel bad for those who are. That's some next-level assholery going on right there (and possibly illegal?)
I’m not surprised. Do you remember the time when this same company had an incident where their app “froze” for like 12 hours and people couldn’t sell anything? People lost hundreds of thousands of dollars......
No, if you currently have GME, hold the line and don't sell. People selling is exactly what they want. Delete robinhood after that.
Edited to add that if you were to transfer from robinhood to another broker like Fidelity, robinhood will charge $75 for the transfer. Don't let them have that money.
You can do whatever you want if you are part of the elite. It’s really incredible to see in real time. There are no laws or rules for the elite, and the little people have nobody in their corner to protect what is left of their Constitutional rights.
Previously I would have recommended guiliani but apparently he's taking some time off to spend time with his bartender and to sell cigars. He's been doing that for the last 6 months too but this time he's not getting paid the boatload of money.
Exactly. I shorted all the cruise lines during the 09 crisis, they went up a bit. I held knowing what was coming. What I didn't see coming was wall street forcing me to cover at the peak claiming there were no shares available to short, closing my position at a loss, only to watch all the stocks take epic shits for the next week's/months as wall street shorted them down to dust. It's rigged.
Terminate service from Robinhood. Your stonks should still be holding afterwards, I would imagine, since you no longer go through them. That’s just my first thought. Idk if that’s possible but may be worth looking into.
The Democrat Owning Billionaires MUST be protected. They are THE KINGS OF THE WORLD, after all. What do you think they have spending hundreds of millions buying Democrats for?? Robinhood's biggest customer is Citadel, owned by Ken Griffin and Steve Cohen, the two huge Billionaires that could be utterly bankrupted by this.
RobinHood has violated SEC regulations before: In December, Robinhood agreed to pay $65 million to settle Securities and Exchange Commission charges that it did not execute trades at the best prices for its customers because of agreements to send its order flows to certain firms.
When you see someone with a home a bit better than average, now know how hard it is to move up one leg of the ladder. The machine keeps you down if it can.
Doesn't matter if you win, just get the suit going so they have to defend their blatantly illegal action in court, and show their full hand of hypocrisy to the pedes who still aren't awake.
Marc Mezvinsky (born December 10, 1977) is an American investor and managing director at TPG Capital. He has served previously as vice chairman at Social Capital. He is the husband of Chelsea Clinton, daughter of Bill Clinton, the 42nd President of the United States and the 67th U.S. Secretary of State Hillary Clinton.
This should be a lesson to everyone to never trade stocks via an app. That being said I would love to see what Trump would have done to a company selling users stocks against their will “for their own good” This scum hates the idea that normal Americans can get rich and join their “exclusive club”.
This was setup to fail from the get go, you're using THEIR paper money, worst comes to worst and the printers can't keep up, they just make the dollar 2.0 and make old bills invalid. The solution is simple, crypto.
If you find you’re wondering why all of the troops are still in DC look no further than this post.
Hour by hour it’s all becoming more and more clear. What a fucking spicy timeline!!
Everyone knows (or should) why they set the clock to tomorrow for preventing buys. But forcibly selling shares? What. The. Fuck?
Robinhood (and anyone else that does this) just lost a metric fuck-ton of customers; on top of that, I bet lawyers everywhere are sharpening their knives and pre-positioning filings for obscene amounts of class-action money.
Man... I'm not impacted by this, but I genuinely feel bad for those who are. That's some next-level assholery going on right there (and possibly illegal?)
Oh it's illegal, the communist are panic reacting, bad move for them. Of course the communist control the courts sooooo..
Maybe we ignore the courts?
Tony Roman did
He was supposed to be in court when he made the badassest video ever.
I like the way you think fren
People always forget that Crispus Attucks was 6 years before 1776
It's EXTREMELY illegal. (Not that anyone with the power to do anything about it cares, since it benefits the elites and hurts the proles)
Funny how tyranny always comes under the guise of safety.
Always
"It's for your own good"
I think Mao's minions used that phrase a lot (and Pooh's still do today), if memory serves...
Holy hell that's wrong. That is an absolute violation of volition for their customers
I’m not surprised. Do you remember the time when this same company had an incident where their app “froze” for like 12 hours and people couldn’t sell anything? People lost hundreds of thousands of dollars......
I remember that... nothing is a coincidence. Some rich scumbags likely stole billions from retail investors during that.
just as expected from RH
There should be exactly zero people using Robinhood left by the end of the day.
No, if you currently have GME, hold the line and don't sell. People selling is exactly what they want. Delete robinhood after that.
Edited to add that if you were to transfer from robinhood to another broker like Fidelity, robinhood will charge $75 for the transfer. Don't let them have that money.
Thing is, it appears they're about to sell that stock for you, whether you want them to or not.
OPs pic only mentions options, not actual shares, unless I missed something.
$75 beats losing your shares to the funds they're trying to bail out.
You also can't access your options for a time after. And this is a short squeeze, not a long-term.
Transfer your long terms. Don't fuck with the GME/BB/AMC/NOK w/e
It's not just robinhood. All the major platforms stopped your ability to buy these stocks today.
YOU CANT FUCKING DO THAT
WHAT THE FUCK??????
"You will own nothing and like it"
The honorable Hawaiian judge Smails
You can do whatever you want if you are part of the elite. It’s really incredible to see in real time. There are no laws or rules for the elite, and the little people have nobody in their corner to protect what is left of their Constitutional rights.
It is for your own 'safety'
This is just doublespeak.
It's not about "volatility." It's about protecting the elites who siphon off wealth and generate nothing, all while screwing the little guy.
How is this different from stealing?
Literally no difference...
WSB should by hiring the best LAWYERS IN NYC to 'sue the bejesus out of ROBING HOOD.
Like the law matters anymore hahaha
Someone did file a class action lawsuit against Robinhood today in NY
Previously I would have recommended guiliani but apparently he's taking some time off to spend time with his bartender and to sell cigars. He's been doing that for the last 6 months too but this time he's not getting paid the boatload of money.
"It's different when we do it."
Exactly. I shorted all the cruise lines during the 09 crisis, they went up a bit. I held knowing what was coming. What I didn't see coming was wall street forcing me to cover at the peak claiming there were no shares available to short, closing my position at a loss, only to watch all the stocks take epic shits for the next week's/months as wall street shorted them down to dust. It's rigged.
RIGGED
That's fucked up, and exactly why I haven't bothered to try to play the advanced level game.
Terminate service from Robinhood. Your stonks should still be holding afterwards, I would imagine, since you no longer go through them. That’s just my first thought. Idk if that’s possible but may be worth looking into.
This is the only way to hurt robinhood admittedly.
I deactivated my account a little earlier after hearing about this. I hadn’t even linked anything or made any moves but if it’s like that, fuck them.
Did you get your full amount of money back or did you lose $75 on a transfer fee?
The Democrat Owning Billionaires MUST be protected. They are THE KINGS OF THE WORLD, after all. What do you think they have spending hundreds of millions buying Democrats for?? Robinhood's biggest customer is Citadel, owned by Ken Griffin and Steve Cohen, the two huge Billionaires that could be utterly bankrupted by this.
Can a Broker Sell Your Stocks Without Permission? https://www.investopedia.com/ask/answers/03/091903.asp
RobinHood has violated SEC regulations before: In December, Robinhood agreed to pay $65 million to settle Securities and Exchange Commission charges that it did not execute trades at the best prices for its customers because of agreements to send its order flows to certain firms.
Robinhood sold out. Welcome to the machine.
When you see someone with a home a bit better than average, now know how hard it is to move up one leg of the ladder. The machine keeps you down if it can.
Great! Now when gas hits $8 per gallon you know which houses to go to when you need to siphon gas for your car.
Or burn down.
Whatever works best for ya!
Sue, Sue, Sue; Launch that lawsuit into space.
Doesn't matter if you win, just get the suit going so they have to defend their blatantly illegal action in court, and show their full hand of hypocrisy to the pedes who still aren't awake.
Marc Mezvinsky (born December 10, 1977) is an American investor and managing director at TPG Capital. He has served previously as vice chairman at Social Capital. He is the husband of Chelsea Clinton, daughter of Bill Clinton, the 42nd President of the United States and the 67th U.S. Secretary of State Hillary Clinton.
What the fuck!
Good thing I moved everything to E-Trade early this month.
THIS IS ALL BECAUSE THE SHORTS ALL CLOSE FRIDAY AT 5pm
HAHAHAHAHAHHAHAHA
"In addition, we will cast your vote for Joe Biden if you are unable or chose not to"
Robinhood on Google play if you want to leave a review
https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en_US&gl=US
Thye won't publish a contact email address, from what I can tell. perhaps you can find one to email them.
https://robinhood.com/us/en/support/
Lol, Google is notorious for bulk removing negative comments/reviews in situations like this. I expect them to do this
Just bombard the typicals.
[email protected] [email protected] [email protected] [email protected]
Troll linkedin for employees: standard formats usually are:
[email protected] First Initial [email protected]
How many times does RH have to screw ppl over before they learn....
Absolute scum
Oh. My. Lord. The rage will be for real.
They are acting like this is an Amazon price mistake. and cancelling the order prior to shipping.
Yeah I cashed out of all the stonks. I will take my monies and buy physical brass and lead. That market seems to be going to the moon.
In case anybody was wondering if America is a free market economy, let this be proof of what it actually is or has become.....
options is different than stock though. You have a contract when you buy an option. They are just executing that contract.
Don’t use Robinhood! Use Charles Schwab.
FILE YOUR DAMN FINRA COMPLAINTS EN MASSE.
isn't this literally illegal unless you sign a contract for someone to broker your investments?
Is that in their TOS somewhere that they can do this?
Hrm, im on etrade. They haven't stopped trading. Time to dump some money into it.
"Help reduce risk" GET...THE...FUCK...OUT! Banana Republic.
These are options, not shares
https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_mobile/public/inline-images/2924F9F8-4F70-49DC-A048-554258FE0E7F.png?itok=kB69jWhO
This is the notice that a Rh user got. How can you tell it is an option?
https://www.zerohedge.com/markets/you-can-not-purchase-additional-shares-robinhood-reportedly-removed-shuts-down-buying
This should be a lesson to everyone to never trade stocks via an app. That being said I would love to see what Trump would have done to a company selling users stocks against their will “for their own good” This scum hates the idea that normal Americans can get rich and join their “exclusive club”.
They don't even have to follow through with this. They can just float the idea which will probably scare plenty of people into selling.
This was setup to fail from the get go, you're using THEIR paper money, worst comes to worst and the printers can't keep up, they just make the dollar 2.0 and make old bills invalid. The solution is simple, crypto.
JUST FUCKING SELL ON ROBINHOOD RIGHT NOW ... AND BUY ON OTHER PLATFORM/WITH YOUR BROKER !
Boomers? It's these newfags who are running the show now.