Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by notahacker on Thursday January 28, 2021 @11:18AM
(#25944228)
And lets be honest, the overlap between retail investors trying to buy meme stocks and people who regarded Parler as their true voice isn't going to be that huge (and the relationship between AWS and Robinhood's compliance teams negligible). Anyone sufficiently motivated to see strong connections between the actions of AWS booting Parler and Robinhood restricting trades is going to be so accustomed to seeing everything through a fact-lite 'us vs the man' lens that it barely matters what corporations actually do. And those tempted by actual violence have had other causes to attach themselves to over the last 12 months anyway.
Also this isn't people 'asserting themselves financially', this is people mug punting on a stock that wealthier and more financially savvy people who got in early are happy to unload their stock to. There will end up being people quite relieved they didn't get to execute their plan to put their life savings into peak-price Gamestop.
Also this isn't people 'asserting themselves financially', this is people mug punting on a stock that wealthier and more financially savvy people who got in early are happy to unload their stock to. There will end up being people quite relieved they didn't get to execute their plan to put their life savings into peak-price Gamestop.