Re:Facebook shuts popular stock trading group amid GameStop ...
by ttt0 on Friday January 29, 2021 @01:13AM
(#25954600)
I think this is a mistake. They already issued one correction from "20-member" to "20,000-member". The author seems to have serious problems with numbers. Look at the first paragraph:
> Facebook Inc took down a popular Wall Street discussion group, Robinhood Stock Traders, in a move that its founder on Thursday described as backlash for conversations buoying shares of GameStop Corp and other companies this week.
First, a typo, "buoying". But it also says "this week". So what they meant is probably Jan. 27.
Re:Facebook shuts popular stock trading group amid GameStop ...
by jmalicki on Friday January 29, 2021 @01:24AM
(#25954657)
Not a typo, a totally appropriate word. The conversations buoyed the shares, they did not buy them.
https://dictionary.cambridge.org/us/dictionary/english/buoyi...
Re:Facebook shuts popular stock trading group amid GameStop ...
by ttt0 on Friday January 29, 2021 @01:27AM
(#25954677)
Thanks, English is not my native language.
Re:Facebook shuts popular stock trading group amid GameStop ...
by Thorrez on Friday January 29, 2021 @01:34AM
(#25954708)
Hmm, good point, I didn't think of that possibility. It's a very confusing article, as I mentioned in a different comment: https://news.ycombinator.com/item?id=25954579
They might have decided in many cases to act now, but with this specific case it seems to have been 11 days ago:
>Facebook suspended his group on Jan. 7