Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by jdhzzz on Friday January 29, 2021 @05:14AM
(#25955832)
This is crowd sourcing to create a coordinated attack like DDOS-ing, but how did we get here? Over-shorting. How did we get there? Hedge fund data sharing dinners? So this seems more like a swing back in the other direction. I presume when the dust settles the SEC will claw back these "illegal" gains from the individual investors. Too bad trades aren't settled via blockchain.
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