Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by mox1 on Thursday January 28, 2021 @10:40AM (#25943535)

So your telling me that 0 of the partners in those SV firms above have the phone numbers of 0 these short selling hedge funds partners in their phones right now?

I'm on the fence whether someone influential actually called the CEO of Discord and asked to have it shut down. I'm 99% certain these people know each other. It's not a could the call be made its more of a was it made.

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by hooande on Thursday January 28, 2021 @11:35AM (#25944456)

I never said this wasn't possible. though it's just as likely as anyone calling anyone.

practically, short selling hedge funds and silicon valley investors don't run in the same circles. yeah, they're socially connected but they have separate networks and cultures. conflating the two because they both involve investing isn't accurate

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by southeastern on Thursday January 28, 2021 @04:11PM (#25949263)

>though it's just as likely as anyone calling anyone.

That's a stretch. I think the point here is that some parties can save billions of dollars in losses, and makes them a little more likely hypothetically. Im all for dealing with the facts, but the facts are just looking at the '08 crisis a lot of Wall st funds have a track record of bending rules for profit. It's not out of this world to imagine 12 years later that the same culture exists

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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by xapata on Thursday January 28, 2021 @11:52AM (#25944726)

Don't they all have the same LPs?

Behind all of these nefarious entities is CALPERS, etc. just trying to keep your pension fund solvent.

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