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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by jariel on Thursday January 28, 2021 @09:44AM (#25942436)
No, this is the market defending itself from unwanted shenanigans.

Listed companies want nothing to do with this.

Restaurants like customers, but imagine a stampede of 1000 people rushing through the doors, it's not what they want.

The populism here is getting ridiculous, I don't think most people have any understanding of what's going on.

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by swader999 on Thursday January 28, 2021 @10:10AM (#25942922)
It seems more like big fish stuck in a losing set of trades are pulling whatever strings they can to save themselves.
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by jariel on Thursday January 28, 2021 @10:20AM (#25943089)
They will take a haircut and move on. Some of the plebes rushing the doors are going to get crushed.

Given that a lot of people egging the plebes absolutely 'know better' you have to wonder what their motivations are.

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