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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 aphextron on Thursday January 28, 2021 @09:56AM (#25942638)
>Would be interesting if WSB was allowed to invest in private startups as easily as they can invest in meme stocks.

Not enough liquidity. WSB has very little to do with long term investing. It's just about using the stock market as a casino.

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by sidlls on Thursday January 28, 2021 @11:14AM (#25944146)
Which is more or less how most big investment (hedge) and prop trading firms use it anyway. The key difference here as the same is it always is: which group has the ear of those with power.
[ Parent | on HN ]