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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 sharkweek on Thursday January 28, 2021 @12:23PM (#25945179)
"This is Wall Street, Dr. Burry, if you offer us free money, we are going to take it."

https://www.youtube.com/watch?v=Cxjdj5_5yNM

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by amrrs on Thursday January 28, 2021 @12:27PM (#25945239)
Everything that's happening is just reminding of the Big Short, Flash Boys and generally what Michael Lewis has been saying
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by dwater on Thursday January 28, 2021 @12:49PM (#25945626)
It reminds me of Reminisces of a Stock Operator (1923) https://en.wikipedia.org/wiki/Reminiscences_of_a_Stock_Opera... Wall Street does not exist so that an individual can invest $100 and make a profit. It exists so that financial institutions can invest $100M and make a profit. It benefits from the illusion of the former though so the public is encouraged to believe that.
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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by StavrosK on Thursday January 28, 2021 @12:44PM (#25945541)
"I'm sorry, are you for real? You want to pay against the housing market and you're worried we won't pay you?"
[ Parent | on HN ]