GME

[Winchester]

[John Galt]

from what i'm reading citadel has huge shorts on GME, and forced robinhood to stop allowing market traders. this makes a lot of sense, because you can still buy through fidelity (although all the brokerages are being hammered and you can't log on easily) for example, but robinhood stopped it

which just goes to show how it's all still controlled by the big boys. the hedge funds/short sellers are all sitting on ~71 billion in losses so far this year, lol f**k get wrecked. if in the end the regulation comes in to stop this, i'm all for it, if it stops the actual problem and not retail investors who just LIKE THE STOCK

[Winchester]

Sounds like WSB wants to burn Robinhood to the ground next, lol.

I really hope you're right John, I really want to see the hedge funds/short sellers eat it.

[John Galt]

yeah, i'll be closing out of my robinhood account after this. i learned a valuable lesson: i should have many accounts so i can easily switch when shit like this happens. too many are trying to sign up for others right now and their servers are breaking

[John Galt]

lol on WSB:

>It's not just Robinhood. It's every Citadel affiliated broker. It's Citadel.

>>Indeed, Melvin was isengard but now we've woken up Mordor.

meanwhile



edit:

[JockandBallTorture]

[JockandBallTorture]

[John Galt]

not sure that's really "fidelity" and not just nyse

http://www.nasdaqtrader.com/Trader.aspx?id=TradeHalts

GME has had 18 halts today

[Kane]

Question - doesn't this type of mass coordination between individual investors still count as pump and dump?

[John Galt]

we just like the stock, there's no coordination, unless people watching CNBC is "coordination"

it's not a pump and dump either, it's a short squeeze and it has to specifically to do with hedge funds shorting stocks. by holding it will go interstellar