Dafak? Is tat even legal?

Robinhood CEO:

"Please forget this happened going forward........ Please? "
KEK 🤣🤣🤣

This post has been edited by xenogearz88: Jan 29 2021, 09:08 AM

For Big money, it is legal for them ; but if retailers do it, it is a crime

https://twitter.com/i/events/1354872291872526336

Now users are suing Robinhood

Apparently, 212 can't open or close position. Not sure about 212 but eToro can open buy position.

This post has been edited by whyamiblack: Jan 29 2021, 09:19 AM

Kudos to the autistics in WSB.

The one in Malaysia knows only to sell his stuff to buy swimming suits to send to girls and ask donation to buy a gaming chair

some people in USA are in big shit because of what happened in the last 12 hours...

when Pipit find a way to make money, they shut them down....guess what, Pipit will gather together.....next step will be interesting....

We are now in 'The French Revolution of the Finance world'

where do I buy GME now? I can spare 100 dollars and will watch it go to 0 if it comes to it.

How much helang lost so far?

Got rumor saying they are projected to lose 70b 😂

Lots of you guys are feeling lucky yea.

Time to gamble then.

I signed up eToro yesterday but didn't receive SMS verification code, you can try and see can or not

Nah robinhood screwed up.
Fuck these colluders

Ya think they triggered more instead.

Investors watching with popcorn may need to watch out.

Have you verified your account?

Those that wanna buy can buy from eToro. They said they will allow to buy today after blocking the trade yesterday. However there is also a loophole if you’re unable to open a position. Just copy someone (find someone with 100%) allocation and the position will be opened

now helang can feel the wrath of pipits

f the squeeze had continued Citadel and Point72 would have had to bail out Melvin Capital again (which is odd since it was CNBC that also reported yesterday that the hedge fund had closed its shorts [fake news by CNBC]... which apparently was not exactly true).

And while $2.75 billion may be pocket change for Ken and Steve, $5 billion starts to look like real money. And what if it has to be followed by $10 billion, $20... and so on. On the other hand, if they did not throw more good money after bad, not only would their initial investment be wiped out, but once Melvin was forced to start selling its longs to fund its margin calls - which also happen to be the names contained in the Goldman Sachs Hedge Fund VIP basket biggest longs for Citadel and Point72 - that's when the real carnage would take place as everyone would scramble to frontrun the upcoming liquidation.

The result would have been billions in losses for Citadel and Point72.

[this could trigger the long awaited stockmarket crash in US - maybe]

article from ZH. comments in brackets are mine.

Yesterday got block? I managed to open another position yesterday

According to financial data analytics firm Ortex, short-sellers - mostly hedge funds - are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies just in 2021 alone!

Add puts and other underwater derivatives, and the real loss will be even greater. And just as striking: Ortex data showed that as of Wednesday, there were loss-making short positions on more than 5,000 U.S. firms.

ZH

I wanted to verify, but then at 80% it will asks for my phone number, but for some reason I just don't receive the SMS code