/biz/ - Business & Finance

[Anonymous No.27251336]

Robinhood now restricting trading for 50 companies

[Anonymous No.27251362]

[Anonymous No.27251420]

>>27251336
Kek I knew this would happen. Why not just restrict trading on any company that's shorted and only allow buying on companies that will make them money?

[Anonymous No.27251430]

>>27251336
Thanks for the list, buying everything there, plus holding my GME, plus buying physical silver. I will move my entire 401k into this shit. Fuck hedgies.

[Anonymous No.27251470]

Imagine still not leaving them.

[Anonymous No.27251493]

>>27251336
Is this illegal?

[Anonymous No.27251582]

>>27251362
thanks just bought 100k slv

[Anonymous No.27251648]

>>27251493
Their ToS says they own your ass.

[Anonymous No.27251686]

>>27251648
Fuggg

[Anonymous No.27251702]

>>27251493


I need to know how many are also on Citadels short list

[Anonymous No.27251722]

>>27251582
SLV is not the one, FUCK SAKE

[Anonymous No.27251819]

>>27251336
And yet people continue using this shit service. It's not like there aren't dozens of alternatives

[Anonymous No.27251835]

WHERE ELSE DO I GO TO ANON?????

[Anonymous No.27251868]

This is the most important thing you’ll read today. DO NOT SELL THE SPIKE MONDAY. Normies will fuck themselves trying to sell then buy the dip. Except, they will limit your buy to 1 share and fuck you into oblivion. DO NOT SELL.

[Anonymous No.27251898]

>>27251336
>First Majestic Silver
Oy Vey, they know that we know that they know.

[Anonymous No.27251931]

I asked this in another thread, but NOK is something I've been watching for awhile. I'm thinking of buying tomorrow. Are the finns larping or is there value beyond larp?

[Anonymous No.27251934]

Americans are seriously fucked lel

[Anonymous No.27251944]

>>27251702
>>27251835
You can’t escape https://www.reddit.com/r/RobinHood/comments/l80dza/what_is_citadel_and_where_do_i_go_to_get_away/

[Anonymous No.27251977]

>>27251336
They messed up by not just admitting they have a liquidity issue. Allowing instant trading before deposits clear presents risks. There was a mass influx of new sign ups and RH didn’t have the reserves to actually buy the shares. The clearinghouse clamped down because they are over leveraged. Instead of limiting buys, they should have suspended instant trading and said your funds have to clear before you can buy. They didn’t because that would have broadcast a liquidity issue, but now they look crooked rather than broke.

[Anonymous No.27251978]

>>27251336
(((They))) are afraid.

DSTOQ.COM
soon.jpeg

[Anonymous No.27251988]

>>27251648
ToS aren't above the law

[Anonymous No.27252056]

>>27251336
Are all those companies overshorted?
Smokescreen to hide how they manipulated certain invested stocks?
Good investments wallstreet wants you not to know about?

[Anonymous No.27252059]

>>27251336
It's to disguise the GME manipulation. This way they can say "oh but it's not only GME it's also all these other stocks goy".

[Anonymous No.27252070]

>>27251944
We seriously and unironically need institutions to come fight with us. There's tons for them to gain.

[Anonymous No.27252171]

Stupid fucking Zoomers, Jooinhood was set up to front run Zoomers by the big HEdgefunds who gave them seed money to even exist. They are using Jooinhood to restrict the Zoomers from trading while they unwind their positions. They don't even give a shit that it's illegal since the fines will be minuscule compared to the money they can save. Basically they are going to unwind while Jooinhood users go broke.

Final Warning, Get the fuck out of Jooinhood and get into a real brokerage like Fidelity.

[Anonymous No.27252183]

>>27251977
>admitting they have a liquidity issue.
This was massively retarded. Also, why can the jewish firms just decide to raise the collateral from 2% to 100% randomly and instantly? That was autistic.

[Anonymous No.27252369]

>>27251420

I don't get how what RobinHood is already doing is not blatantly illegal?

People want a stock. You're saying they can't get more than 1. WTF?

[Anonymous No.27252568]

>>27252070
>>27251988
They probably work with SEC too, honestly I think they’ll get away with it. They’ve already shown that they don’t give a shit about laws when it comes to retail traders

[Anonymous No.27252686]

>>27252369
It’s a liquidity issue. Deposits often take 3-5 days to clear. You have all these new traders signing up and taking advantage of the instant trading to buy stocks and doge coin. All of a sudden robinhood is extremely leveraged into Reddit PnD schemes without the collateral received, and the clearinghouse is saying we can’t process these trades because we don’t trust you to not go bankrupt.

[Anonymous No.27252901]

>>27252686
Why were they able to raise collateral from 2% to 100%? How is that allowed?

[Anonymous No.27253044]

>>27252686

Yeah, they're a shit broker that operate on slim margins. Expect this shit regularly if you stick with them.

[Anonymous No.27253084]

>>27252568
Even if they don't get away with it as a company, every individual involved will.

[Anonymous No.27253136]

Imagine trusting your money with the broker that went down in March as stocks crashed over 20% and your positions just sat there

[Anonymous No.27253188]

>>27251336
>You are allowed to buy longed stocks
>You are only allowed to sell shorted stocks
>"Democratize finance"

Born just in the right time to see hedgies seethe.

[Anonymous No.27253431]

>>27252901
How is it not allowed? If you only need 2% collateral that is a 50x margin trade. They reached a leverage point where the clearinghouse wouldn’t process anymore trades based on the collateral requirements. If Robinhood is at their max leverage, then any trade at more than a 100% collateral requirement would further increase their leverage. They literally can’t process any margin trading through their clearinghouse until they have reduced their leveraged position

[Anonymous No.27253517]

>>27253084
That’s even worse

[Anonymous No.27253524]

>>27251336
Let them restrict themselves out of business!

[Anonymous No.27253809]

>>27253431
The clearinghouse did a very large change in a very short amount of time, with no notice. That doesn't seem right to me. It wasn't increased by 20% or even 50%, but by 98%. That's insane.

[Anonymous No.27253831]

>>27251336
Seriously? I was gonna reinvest my GME gains into NAKD. Fucking robinjew

[Anonymous No.27254006]

>>27251336
>1 share
lmao

[Anonymous No.27254358]

>>27251336
How about this how about this instead of batching we go attack a stock that they didn't restrict like genius brand or CIDM.

[Anonymous No.27254413]

>>27251362
So are they posting all the heavily shorted stocks for us?

[Anonymous No.27254769]

>>27254413
This is actually really useful. Just let them restrict stocks and use other brokers to buy the stock they restricted.

[Anonymous No.27254851]

>>27254413

It's basically all the stocks that's been talked about as possibithecnext GME

[Anonymous No.27254950]

>>27251336
>Restrictions on General Motors and Starbucks
lmao, what the fuck is this shit

[Anonymous No.27255027]

>>27251336
This is why you keep no less than 3 brokers, count 'em, 3 brokers at any given time.

[Anonymous No.27255152]

Why AMD and Moderna though?

[Anonymous No.27255364]

>>27254950
They're camouflaging what they don't want people buying by adding stuff like that.

[Anonymous No.27255411]

What did Tootsies Roll ever do

[Anonymous No.27255430]

>>27251336
>Robinhood puts out a list of stocks to buy

[Anonymous No.27255497]

>>27251336
How do I short robinhood?

[Anonymous No.27255604]

>>27251336
this really sucks because I honestly love the simplistic design of their website. It's perfect for a retard like me, but I will never use their website or app again

[Anonymous No.27255624]

>>27251336
>still using robinhood

[Anonymous No.27255625]

>>27252070
>2021
>still believing that megacorps actually compete with each other
How nu r u?

[Anonymous No.27255654]

>>27251336
nice """"""""broker"""""""""""" you have there zoomers

[Anonymous No.27255699]

>>27252171
This.
I use TDA and Fidelity without problem, but I'm not a kid either.

[Anonymous No.27256359]

>>27251336
what did aurora do this time I still have a bunch of shares from like 2015

[Anonymous No.27256715]

>>27255699
She's got a little too much to be a model. All that jiggle completely distracted me from the clothes.

[Anonymous No.27256852]

>>27251722
PSLV and IG, right?

[Anonymous No.27257843]

>>27255411
Hedges think Tootsie Rolls are a gross candy that people will eventually stop buying. What they forgot is that based Dots are also a Tootsie product.

[Anonymous No.27258119]

>>27255699
clop clop clop

[Anonymous No.27258229]

This is bullshit. Even Mia Lee (Asian escort who I follow on Twitter and she used to work in finance) is saying this is seriously wrong.

[Anonymous No.27258266]

Nice that they gave us a list to hold in

[Anonymous No.27258304]

>>27251336
Why are people using it?

[Anonymous No.27258306]

>>27258229
So she lost all her money and resorted to suck cocks?

[Anonymous No.27258309]

>>27251336
i like NAKD

[Anonymous No.27258316]

>rolls royce

bullish

[Anonymous No.27258404]

>>27251835
ibkr ($500 min)
fidelity
td ameritrade
etrade
schwab

[Anonymous No.27258497]

>>27258306
No. She used to work in corporate finance but decided to leave and get her MBA. She also recommended buying HIBL.

[Anonymous No.27258507]

>>27251336
>>27251362

THIS IS BECAUSE THE HEDGE FUNDS HAVE SHORTED THEM AND IF PEOPLE PUMP ANY RANDOM STOCK THEY LOSE BILLIONS MORE ON TOP OF GME STOCK

HAHAHAHAHAH THE SYSTEM IS RIGGED

[Anonymous No.27258536]

>>27251336
How long can this realistically go on for? How can they keep restricting people from buying so many different stocks?

[Anonymous No.27258724]

They should make an etf based on this list

Call it AutistShares Melvin ProShort 50

[Anonymous No.27258750]

>>27258536
until the hedge funds make their money back
RobinHood sells DATA to them and if they go under RobinHood loses a lot of money from them.

It's wrong but in their internet to protect the hedgefunds

[Anonymous No.27258845]

>>27255699
Holy F U C K

[Anonymous No.27258893]

So i should probably buy the dip in all of the more fundamentally sound of these companies given that my trading app allows me to, right?

[Anonymous No.27258938]

>>27256715
It’s not high fashion you barney

[Anonymous No.27258997]

>>27252686
>Reddit PnD schemes
It's amazing how easy it is to spot a cryptofag. They literally cannot get the fairly simple concept of shorting and squeezes into their skulls. Maslow's hammer.

[Anonymous No.27259057]

>>27255699
Colonel, I'm trying to sneak around but the clap of my ass-cheeks keeps alerting the guards

[Anonymous No.27259081]

>>27258893
Theoretically wouldn’t you need the buying power of the Robinhood retards for those shares to moon though? These restrictions are bearish on those shares now unless there would be enough coordinated buying power outside of robinhood around the world to buy these.

[Anonymous No.27259155]

>>27251493
I will MAKE it legal

[Anonymous No.27259247]

>>27253809
Because they're a monopoly who gonna stop em

[Anonymous No.27259268]

>>27251988
SEC regulations allow brokers to restrict individuals from buying or restricting how much they can buy, it's for your own good goy.

[Anonymous No.27259436]

>>27251493
This may be a stupid comment but--

How is a brokerage fundamentally different than any other business in the sense that they are selling you something, they control what they sell, and you can't as a buyer demand they sell you something?

It's like walking into a shoe store and there's some limited pairs being released, and the store says, "Limited to one pair per customer". They set the terms. They could have a pair of shoes in the window that say, "Not for sale", "Display purposes Only".

So a brokerage is selling stock, they have stock and are selling it to you, and you can't demand the format in which they do so.

[Anonymous No.27259560]

RKT and RYCEY holder here eat my shit rkt hasn’t even been shilled since September

[Anonymous No.27259665]

>uhhh you can't actually buy these stocks with your hard earned money because mr sheckelstein doesn't like it!
Oh say, can you see, by the dawn's early light
What so proudly we hailed at the twilight’s last gleaming?
Whose broad stripes and bright stars, through the perilous fight,
O'er the ramparts we watched were so gallantly streaming?
And the rockets' red glare, the bombs bursting in air,
Gave proof through the night that our flag was still there.
O say, does that star-spangled banner yet wave
O'er the land of the free, and the home of the brave?

[Anonymous No.27259788]

>>27251362
>5 shares max of the highly volatile RYCEY
Yeah, I'm cashing out, thanks for the memes

[Anonymous No.27260934]

>>27252369
It's just big tech RIGGERS once again finding some random excuses to restrict freedom because big jew Kvetching.

[Anonymous No.27261695]

>>27258306
>Mia Lee
She charges $1k per hour.

[Anonymous No.27262999]

>>27251336
>>27251362

Cashapp
WeBull
Fidelity

Fuck dude you had the weekend to find something new. Don’t stick with a brokerage that limits you.

[Anonymous No.27263532]

>>27251336
They don't have any liquidity to settle these trades with the clearing houses.

[Anonymous No.27263823]

>>27251336
Ahahaha drop these broke faggots. It’s super obvious faggot ass Robinhood is going through some sort of liquidity crisis.

[Anonymous No.27263915]

>>27251336
Shit I actually was thinking of buying 8 AG for 50 each tomorrow if it came to that. Might have done the right thing by not buying it who knows.

SLV has no restrictions and I got 2000 of that :)

[Anonymous No.27263964]

>>27253809
are you implying that the clearinghouse has a vested monetary interest in halting the purchasing, and therefore rising cost, of stocks that were shorted to an absurdly extreme extent?
wow goy that sounds anti-semitic

[Anonymous No.27264276]

>>27259560
RKT is so absurd you deserve to make money that is the gayest company I've ever seen they literally spend 17B a year on advertising and of course all these people want its stock they see it on TV.

[Anonymous No.27264348]

>>27259436
Because they’re very blatantly manipulating the market which is illegal. If they didn’t limit buying gme shares, I’d probably be at $500 a share by now. But it’s okay I don’t give a fuck, when companies show their true colors the way robinhood did, I’ll simply use another broker and shill against Robinhood with instances like the gme debacle and the fact you weren’t able to sell shares back in 2020 March because muh technical difficulties. Robinhood is shooting itself in the foot on this one but hey it’s alright right? Because it’s been proven they don’t give a fuck about their users.

[Anonymous No.27264595]

>>27251835
Fidelity seems to be the solid choice. A bunch of other brokers fucked their users over last week (some more or less than others). Just do your own research and use last week as an example on how shitty a broker can be when faced with a fucked situation.

[Anonymous No.27264737]

>>27252056
All stonks just added to my watchlist.
I Will start buying some and what shows me profit, I will just buy more of it.

[Anonymous No.27264945]

>>27251835
Webull

[Anonymous No.27265030]

>>27251336
Are you tell me that all of these stocks are poisoned with fake shares?

[Anonymous No.27265213]

just use SoFi retards even chamath recommends them

[Anonymous No.27265970]

>>27251336
>AMD
lol. robinhood is toast. my only concern is not getting my cash off fast enough.

[Anonymous No.27266140]

>>27251362
They have also completely delisted Sprott's PSLV.

[Anonymous No.27266145]

>>27251835
Stop living in USA.

[Anonymous No.27266274]

>>27258997
Lets be honest us cryptofags have been in the economics rabbit hole longer than robinhood has existed. We're significantly more sophisticated. You wsb cultists have picked frankly embarrassing cryptos to rally around (DOGE, NANO). You've all take the currency in cryptocurrency completely literally and are not even aware of the rest of the crypto ecosystem.

[Anonymous No.27266323]

>>27251336
To all of you fucking retards who think this is some sort of conspiracy, you have no idea how any of this works. They are doing it to manage their risk not to protect muh hedgies. FYI you are also not allowed to short GME.

t. actually worked at a broker

[Anonymous No.27266337]

>>27264595
Isn't 43% of the 1% was Jewish, rather than 43% of Jews being in the 1%?

[Anonymous No.27266437]

>>27251336
Automatically selling on Monday.

[Anonymous No.27266655]

>>27264276
Yeah I know look at these Faggot’s limiting one of my largest holdings before it’s biggest marketing campaign aka the super bowl. I’m off this dogshit broker once things settle down

[Anonymous No.27266762]

>>27251835
Dough

[Anonymous No.27266866]

>>27251868
Banned from buying GME? Buy GAMR or XRT instead. They're ETFs that both derive about 27% of their value from GME right now. They move similarly to GME and buying options in GAMR or XRT will give you a similar effect to the direction and percentage moves of GME. If you just buy shares of either of the ETFs, you will move in the same direction of GME just at a lower percentage so it may be even safer if you think GME is too risky.
Pic related shows the three charts stacked to highlight the similarity.

[Anonymous No.27268231]

>>27259436
In other countries there is a fuckton of regulations to operate with stocks. You have to consider that companies get their financing through those, they're not just magic internet letters.

Which is why I honestly would be surprised if Robinhood does not get sued to hell and back over this, they have a considerable share of the broker market nowadays and some of those stocks are fucking ridiculous and random as fuck, e.g. why AMD

[Anonymous No.27269141]

Also holy fuck if THIS isn't bullish for DeFi. If you're not balls deep in magic internet money yet now is the time, this shit WILL crash the market as soon as people realize the implications.

You have to realize that the ones who probably suffer the most from this are most public companies. Companies rely on the market to get financing and later on sell more shares, or use their own shares as collateral for debt.

Now? Say Tesla wants to get some money through issuing new shares. They'd effectively be at a whim from Robinhood restricting share purchases of their company, because this WILL cause prices to fall. Citadel has an interest in Tesla's position, most likely, be it through proxy.

All of finance, which relies on market transparency and being able to allocate your portfolio as you fucking wish, can effectively be thrown out of the window now.

Finance is fucking dead, and I can't wait for the first large company to go full DeFi with its stock issues.