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Everything posted by abrakamowse
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Lol... DraculHood or directly Transilvania hehehe.. They are saying that probably in the lawsuit the lawyers can argue that there is collusion, because they were in reddit asking others investors to buy... so... the people is going to lose as usual...
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I think it will...
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Here there’s some BS from the CEO of Robinhood
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abrakamowse replied to Leo Gura's topic in Society, Politics, Government, Environment, Current Events
Not sure if I want to cry or laugh ? I think I’m going to laugh lol -
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I don't know but they are already presenting a lawsuit against them, and if the politicians are paying attention maybe they do something. Not sure about that... but is possible. https://thehill.com/policy/healthcare/536320-class-action-lawsuit-filed-against-robinhood-for-restricting-trading
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@Preety_India Robinhood is going to be in big trouble... I think... but who knows?
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They posted it on twitter... :-)
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I agree. I also think there will appear other stock buying apps to fill the void claiming freedom to trade any amount of stocks as users wish. Not sure if that can happen but it would be nice. ?
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Now we are talking! I got now how the devilry is playing here.
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They are doing some changes like a deal with Microsoft to sell games online, like an streaming service if I understood well. They want to go digital. That’s why people is betting on them.
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They are playing with fire and finally they got burned ?
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There should be a different way to invest in companies. The whole Wall Street thing is a big Casino. It’s crazy.
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@Leo Gura It’s Karma ? I really don’t see so bad people buying stock, it is bad IMO to play with short sell and that greedy tactics. I think the comparison you are doing is not valid. Its true that the reddittors are buying stock and adding value to them but is also true that Game Stop did some game changing decisions and people was paying attention to that and decided to buy. Now this actions are punishing Wall Street hedge fund companies, but that’s because of their actions. They know is super risky to do that short selling stuff. Maybe I’m wrong. But I don’t see anything bad in people buying stocks.
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And Wall Street too has a toxic behavior!!!
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And that’s not influencing the “free” market??? They deserve what is happening. That’s what you say @Leo Gura that it will come back and bit them in the ass. It’s happening and it’s biting Wall Street thieves asses!! ?
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The big lesson here: https://www.marketwatch.com/story/why-you-should-never-short-sell-stocks-2015-11-19
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A rope always breaks at its weakest point
