Robinhood raised over a billion in capital in a day last time to fulfill their clearinghouse minimum deposit requirements so Vlad said they would be prepared if it happened again. I guess it depends on their internal risk but they might limit buy orders if it keeps shooting up.
I actually don’t think them stopping people from buying the stock was that bad since it was still available to purchase from other brokers. Now if they had prevented people from closing out of their positions that would have been fucking criminal. Will be interesting to see how much higher this GME bubble can go but I have paper hands so I won’t be getting involved myself lol
-Soulja
It's now been shorted somewhere between 200% to 1000%. They just did a massive short to get the price down below 200 again, and it bounced back within thirty minutes.
They basically have to keep shorting it forever now or the history books on the great 2021 market crash will be really fucking funny
Beautiful, like throwing semtex into the efficient markets hypothesis.
