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Shorting has entered the political arena - Printable Version +- MacResource (https://forums.macresource.com) +-- Forum: My Category (https://forums.macresource.com/forumdisplay.php?fid=1) +--- Forum: 'Friendly' Political Ranting (https://forums.macresource.com/forumdisplay.php?fid=6) +--- Thread: Shorting has entered the political arena (/showthread.php?tid=252294) |
Re: Shorting has entered the political arena - pdq - 01-29-2021 Acer wrote: Well, for one, Robinhood, which I thought was supposed to stand on the side of the little investor, somehow decided yesterday that they wouldn’t let their customers buy any more GameStop. Why? Dunno. But the conspiratorial mind could easily think they were knuckling under to pressure from someone. I think the stock market is important and should/must exist. I also think there’s a lot of little ways it’s rigged and that’s not right. PS- I’m not personally involved in either side of GameStop. Re: Shorting has entered the political arena - Bill in NC - 01-29-2021 cbelt3 wrote: They changed the rules on the Hunt brothers when they were trying to corner the silver market. As a result, the Hunt brothers went from billionaires to millionaires. Re: Shorting has entered the political arena - sekker - 01-29-2021 pdq wrote: Well, for one, Robinhood, which I thought was supposed to stand on the side of the little investor, somehow decided yesterday that they wouldn’t let their customers buy any more GameStop. Why? Dunno. But the conspiratorial mind could easily think they were knuckling under to pressure from someone. I think the stock market is important and should/must exist. I also think there’s a lot of little ways it’s rigged and that’s not right. PS- I’m not personally involved in either side of GameStop. This. We absolutely need investments to be equal opportunity. Also, I have no stake in GameStop unless they are somehow mixed in an index retirement fund. Re: Shorting has entered the political arena - Acer - 01-29-2021 pdq wrote: Well, for one, Robinhood, which I thought was supposed to stand on the side of the little investor, somehow decided yesterday that they wouldn’t let their customers buy any more GameStop. Yes, I do acknowledge that this development has wider implications. ![]() Re: Shorting has entered the political arena - Buzz - 01-29-2021 pdq wrote: Well, for one, Robinhood, which I thought was supposed to stand on the side of the little investor, somehow decided yesterday that they wouldn’t let their customers buy any more GameStop. Why? Dunno. But the conspiratorial mind could easily think they were knuckling under to pressure from someone. I think the stock market is important and should/must exist. I also think there’s a lot of little ways it’s rigged and that’s not right. PS- I’m not personally involved in either side of GameStop. Robinhood was/is under-capitalized to play this scenario out at the highest level, and couldn't meet its cash reserve requirements; hence the shutdown while it dug into its credit lines to remain/regain its trading solvency.... If you traded thru Schwab, Fidelity or a real big player, you woulda been fine. == Re: Shorting has entered the political arena - Ted King - 01-29-2021 Buzz wrote: Here is a YouTube video from MSNBC of Stephanie Ruhle explaining the background for what is happening - including what you say about cash reserve requirement. She's a very sharp person who knows her stuff and knows how to clearly explain what's happening (video is about six minutes long): https://www.youtube.com/watch?v=LAHLifZzKmg |