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A comment on Robinhood is said to draw on bank credit lines amid tumult. Parent comment

Re:Robinhood is said to draw on bank credit lines amid tumult by JumpCrisscross on Thursday January 28, 2021 @07:05PM (#25951414)
> They could have just completely frozen trades of these volatile stocks then?

I assume Robinhood also blocked shorting GME. As such, it wasn't blocking buying per se. It was blocking the opening of new positions, long or short.

That's very different from blocking someone from exiting a position that you sold them.

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Re:Robinhood is said to draw on bank credit lines amid tumult by fma on Thursday January 28, 2021 @08:25PM (#25952364)
Most brokers did not allow you to short because there were no shorts to borrow for that trade. This is common for stocks in high demand for shorts, especially one that is 140% borrowed. Unless you're a professional trader and have access to the best brokers, you couldn't short GME even if you wanted to (this is common, and why professionals pay big $ to have access to high demand shorts).
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