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Re:Class Action Lawsuit Filed Against Robinhood by rohitb91 on Thursday January 28, 2021 @05:52PM (#25950682)
Okay, sure, so then block the entire stock for a while. What they did was block one side. They blocked people from buying but only allowed selling. Imagine all the market sells after that tanking the price.
Re:Class Action Lawsuit Filed Against Robinhood by cmdli on Thursday January 28, 2021 @05:55PM (#25950710)
In fairness, you can close out your positions if you are long or short. If you are shorting the stock, you are allowed to buy to close the position.
Re:Class Action Lawsuit Filed Against Robinhood by renewiltord on Thursday January 28, 2021 @06:05PM (#25950819)
Right, I went long by buying to close my short leg on spreads, holding the long leg.