News for hackers. Stuff that matters.

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 whateveracct on Thursday January 28, 2021 @05:26PM (#25950332)
This entire GME WSB thing is a bunch of people wanting to feel important. That's why there's so much high-and-mighty talk even though the facts of the matter are..pretty boring.
[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by intended on Thursday January 28, 2021 @07:59PM (#25952091)
The facts are supremely boring. Fund gets caught with bad luck. Fund blows up. Life goes on.

Even the amount of billions being transferred here are not interesting.

[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by ric2b on Friday January 29, 2021 @09:07AM (#25957342)
It stops being boring when brokers start directly interfering with the volume by changing what traders are allowed to do in the middle of a trading day.
[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by arminiusreturns on Friday January 29, 2021 @01:18AM (#25954628)
I'd say this is a vast oversimplification of the situation, don't you agree?
[ Parent | on HN ]