Originally
posted by
SuperFly:
In RL you screw us with trade halts and laddering and hampering our efforts to get ahead.
Here in a game you delete us for being big balled diamond hands bulls
As I saw it ran(run, doubt it) their huge 120% short came back and bit them hard, painfully draining them 5.2b, on an incredibly risky short, with the data being public and someone who then had the platform (reddit) to spread his findings that were public, did his own DD and reported back.. giving even a small group reasonable odds on spending a few bucks with a high return **potential**, the fact that reddit blew up the news still seems pretty clear cut legal, and informed, heres where things began to go in our *nonhedgefund kids* favor.. With the public info the hedgefund got the fist up the ass and they lost more and more, forcing Robinhood to shut down purchases of the stock, thus only allowing sales, driving the price, well down as you could no longer kick the price by demand, giving the hedgefunds a shot at cuttin loses quicker, still at huge loses. After the hedgefunds for the most part cut their loses and exited GME they (Robinhood, AMTD and others) reopened purchases of GME with liquidity at 100%.
If you had yourself took on a huge risk to short at 120% do you think any platform would halt and allow only selling to help you from a deeper grave? The SEC should ask why wasnt this halted from both sells and purchases if there was a true liquidity concern from mainly Robinhood, who Ive read the pounded hedgefund owns a sizeable share in Robinhood.
https://youtu.be/6fs_lyGn4YA