I'm going to go to Palo Alto wearing a Karen wig and do a bit in the parking lot all day.
EXCUSE ME. SIR? DO YOU WORK HERE? I WOULD LIKE TO SPEAK TO THE MANAGER.
Same, they canceled my GME and AMC orders. Absolute bullshit, I hope they get a biiiiig class action lawsuit from this.
EDIT: And the cherry on top? I double checked my notification messages this morning and they're claiming I'm the one who canceled the orders!
I had decided, sure, what the hell, I had 500 dollars to Yolo for a chance to fuck the capitalists. I was going for AMC/NOK hoping that if GME made it to the moon, I might be able to ride the coattails of people realizing this shit worked. Worst case scenario, I learn a valuable lesson right?
BUT NOOOOOOOOOO. Class solidarity came in to save the day. The rich will close ranks every time the poors get too close to actually accomplishing something.
It's not over. This could just make the squeeze worse. RH cancels all this stuff to force sell offs. Which causes an increase in people shorting. Which causes retailers to double down on the squeeze.
Ugh, I thought I did something clever by buying when the price dipped after WSB went private. :angery:
you did. if you're buying in now you should hold till friday
(i just learned how short selling worked 2 days ago)
No, I mean I tried buying more last night and they canceled the order.
Thats fucked. I wonder if there is actually a class action case against RH now
Apparently.
https://www.reddit.com/r/wallstreetbets/comments/l6x130/class_action_against_robinhood_allowing_people_to/
well thats why i put the disclaimer in there that i have no clue what im talking about
Check out their reviews on the app-store, we've all conspired to 1 star them. They're literally at 1 star now.
I swear to God soviety... Ahem, society.... Is becoming class concious. These are the fits & spasms of the network coming online
Not sure why Robinhood is so popular with r/WSB and Chapos. It is definitely one of the sketchier brokers. Take a look at its Wiki page, it's filled with controversies and outlines some of the less savory business practices they do (ex. selling order information to high frequency traders). They've always been a pretty iffy broker.
The reason they blew up in popularity was their low-fee/no-fee stock trading and their user-friendly app. Now no-fee trading is the industry standard, so the only advantage they have is a nice app. Their user interface is user-friendly, but their actual policies are not.
Some of us aren't fucking NERDS and don't keep up on all of that. Some of us are in it for the memes - and we suffer the consequences for it - but that doesn't mean you gotta come in here and make it look EASY.
But several other brokers have done the same today. So while sure, RH lead the charge (probably under duress from their legal department telling them the SEC is going to fuck them up for daring to discredit the hegemony), they were not alone. It still supports the narrative I'm arguing for here whether RH was garbo from the get go or not.
I’m going to go to Palo Alto wearing a Karen wig and do a bit in the parking lot all day.
EXCUSE ME. SIR? DO YOU WORK HERE? I WOULD LIKE TO SPEAK TO THE MANAGER.
I did. The elites decided they knew what was best for me, and canceled them on my behalf.