Discussion

• @zackkanter Zack Kanter on x

  The Robinhood incident is a good reminder to founders: when you don't tell people the real problem because you're worried about how bad it will look, you almost always are rewarded by coming away looking much, much worse. https://twitter.com/...

• @jamessurowiecki James Surowiecki on x

  So it looks like Robinhood did not prohibit customers from buying GameStop or AMC as part of a conspiracy to protect short sellers. It did it because it literally couldn't afford to let them keep trading. https://www.nytimes.com/...

• @rmac18 @rmac18 on x

  If the real reason to limit trading was because it didn't have enough money to cover its ass, Robinhood should have just said that from the get-go. Today's speculation — fed to people who don't exactly thrive on facts — is very much a comms issue. https://www.nytimes.com/...

• @rmac18 @rmac18 on x

  “We stopped trading in certain stocks because if we didn't we would have broken the law and our company would have collapsed” is a pretty compelling argument

• @carnage4life Dare Obasanjo on x

  Today highlights the seductiveness of conspiracy theories. Robinhood didn't have enough funds for collateral on the volume of trades they were seeing on $GME, $AMC, etc. However narrative from politicians, VCs & journalists was bonkers class war hysteria. https://www.nytimes.com/…

• @dellcam Dell Cameron on x

  So every excuse retail brokers made today about market volatility was cover for them running out of cash? Or was it just a coincidence that not every app felt the need to gate all of the same stocks, if any? https://twitter.com/...

• @benthompson Ben Thompson on x

  Important context. I can understand why Robinhood didn't want to talk about what sounds like a liquidity crunch, but setting their brand on fire may not have been the best alternative. https://twitter.com/...

• @gamespot @gamespot on x

  https://twitter.com/... https://twitter.com/...

• @cirnoplusplus Cirno on x

  >This man on Fox News just said that they should “ban social media from talking about short stocks” https://twitter.com/...

• @imranzomg Imran Khan on x

  Tl;dr they're dipping their toes into backing down https://twitter.com/...

• @davidgokhshtein David Gokhshtein on x

  This was the burn of the day. Sponsored by all of us. 🔥🔥🔥 https://twitter.com/...

• @nichboy Nich Richardson on x

  As of there was ever any doubt, but the market is rigged as hell. What a bullshit move. https://twitter.com/...

• @tomgara Tom Gara on x

  Just completely inexplicable that they didn't share this reasoning at 8am this morning. https://twitter.com/...

• @caseyjohnston Casey Johnston on x

  I chime in with a havent you people ever heard of limited trade to protect firms https://twitter.com/...

• @mims Christopher Mims on x

  lots of people are going to see this and declare it a sham but considering that at least two other trading apps that aren't Robinhood also stopped trading in GameStop, seems to me like the most plausible explanation https://twitter.com/...

• @kristineowram Kristine Owram on x

  We have hit peak whatever this is https://twitter.com/...

• @justinkan Justin Kan on x

  Robinhood allowing trades again starting tomorrow: https://blog.robinhood.com/... To be clear, Robinhood is just one brokerage. This is an endemic problem across TD Ameritrade, Schwab, ETrade and more.

• @michaelpachter Michael Pachter on x

  Robinhood will allow trading in heavily shorted stocks beginning tomorrow (reversed prior restrictions) https://blog.robinhood.com/...

• @mizteefranklin @mizteefranklin on x

  Of course they did. That class action lawsuit got them scared. https://twitter.com/...

• @pascalbouvier @pascalbouvier on x

  a fair day's wage for a fair day's work https://twitter.com/...

• @maxwinebach Max Weinbach on x

  Are they doing stock drops lmao https://twitter.com/...

• @bennettjonah Jonah Bennett on x

  Does Robinhood know how it comes off to start their blog post with “This past year, we've seen the financial markets become a voice for the voiceless” and then go on to talk about how they've limited trading *definitely not* to save hedge funds? https://blog.robinhood.com/...

• @jeffjohnroberts Jeff Roberts on x

  Robinhood will let you buy GME again on Friday (though for love of god why would you do that??). Also, says market makers had nothing to do with trading suspensions https://blog.robinhood.com/... https://twitter.com/...

• @yoalexrapz @yoalexrapz on x

  Trump supporters were right. Big Tech, the democrats, Hollywood, and corporate elitists are all rigging this system against us and you idiots let them all trick you into not voting for him because he likes to tweet and drink Diet Coke https://twitter.com/...

• @virushuo @virushuo on x

  so what's next? apple will delist reddit/telegram? LMAO https://twitter.com/...

• @reclaimerrob Rob on x

  @Breaking911 Remember when “half” the country celebrated the censoring and the rest of us with a brain said they would just keep on and get worse with it? Now we get to live in that world where we are treated like 1st graders by everyone with power. We should've fought this immed…

• @caseynewton Casey Newton on x

  Uhh what exactly is going on in these Robinhood Facebook groups https://www.reuters.com/... https://twitter.com/...

• @ggreenwald Glenn Greenwald on x

  This is the template created to demonize and silence anyone challenging elites. It was used against Bernie supporters ("harassers"). It was the excuse Discord used to ban r/wallstreetbets ("hate speech"). Of course institutions of power will coopt it against their adversaries: ht…

• @ggreenwald Glenn Greenwald on x

  Those who have spent years begging and pleading with Silicon Valley to aggressively police speech and content have single-handledly gutted one of the key initial values of the internet: empowering people to compete with corporate & political power centers. This is what you built:…

• @subtooptimus @subtooptimus on x

  The ruling class is so afraid of poor people making money it's ridiculous. https://twitter.com/...

• @ggreenwald Glenn Greenwald on x

  We're already seeing attempts to convert this anti-oligarch Reddit uprising into some sort of racist or neo-Nazi movement. Just find a few stray bad comments and weaponize them. The FBI would love to prosecute a couple Reddit scapegoats with bad posts: https://twitter.com/...

• @brianroemmele Brian Roemmele on x

  They will always find the “right reasons” to censor. And if they don't exist “poison the well” with a paid Gumby to plant the reason. We got the world we paid for. https://twitter.com/...

• @jasonaten Jason Aten on x

  RobinHood is the Facebook of investing. There's a reason it doesn't charge you for trades. It sells information about your trades instead. It's far more lucrative and explains why it's willing to stop you from trading since you're not really a customer-just a user/data point

• @fmanjoo Farhad Manjoo on x

  so isn't it a huge problem for their model that they've got to do this if stocks go viral, and stocks going viral is also kind of part of their model .... https://www.nytimes.com/...

• @northmantrader Sven Henrich on x

  Trading deal going well https://twitter.com/...

• @thestalwart Joe Weisenthal on x

  Between this statement from Robinhood https://blog.robinhood.com/... And this scoop from Bloomberg on them drawing down their credit lines https://www.bloomberg.com/... Becoming a little more clear what happened today.

• @litcapital Litquidity on x

  Might explain why they were quiet today. Tapped into several hundred millions. https://www.bloomberg.com/...

• @balajis @balajis on x

  See statements below. Robinhood seems to have run low on credit due to this insane surge, and would have needed to go long on $X00M worth of GME. Way too risky given guaranteed eventual drop. So they shut it down. 1) https://www.bloomberg.com/... 2) https://blog.robinhood.com/...…

• @gerberkawasaki Ross Gerber on x

  The modern Lehman Bros, BK is coming to Robinhood. Move your money now. We're happy to help. We can get the ACAT going tomorrow. Seen this pony ride before. https://gerberkawasaki.com/ https://twitter.com/...

• @jacob__posts Jacob on x

  you're.. you're thinking of this place all wrong, as if i had the money back in a safe. your money's not here https://twitter.com/... https://twitter.com/...

• @aoc Alexandria Ocasio-Cortez on x

  This is unacceptable. We now need to know more about @RobinhoodApp's decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I'd support a hearing if necessary. http…

• @tedcruz Ted Cruz on x

  Fully agree. 👇 https://twitter.com/...

• @sequoia @sequoia on x

  Sequoia did not pressure Robinhood to halt the trading of any stocks. This rumor is completely false.

• @arkhondh @arkhondh on x

  .@RobinhoodApp's apparently selling people's shares “for their own good” 🙃 Actual insanity https://twitter.com/...

• @robinhoodapp Robinhood on x

  In light of current market volatility, we are restricting transactions for certain securities to position closing only, including $AMC and $GME. Read more here. https://rbnhd.co/...

• @motherboard @motherboard on x

  More than half of all Robinhood users own at least some GameStop stock. They are now unable to freely trade it; the app is only allowing users to close out their positions. https://www.vice.com/...

• @chamath Chamath Palihapitiya on x

  I remember when I met the @RobinhoodApp founders when they were raising their Seed, Series A and Series B. I passed. Why? Optimize for integrity whenever possible because integrity compounds and assholes will fuck you. #DeleteRobinhood

• @slasher Rod Breslau on x

  after delisting GameStop and AMC, Robinhood has gotten over 100,000 1 star reviews in one hour on the app store, now set with a 1 rating. they deserve it https://twitter.com/...

• @jarule Ja Rule on x

  Yo this is a fucking CRIME what @RobinhoodApp is doing DO NOT SELL!!! HOLD THE LINE... WTF 🤬

• @rashidatlaib Rashida Tlaib on x

  This is beyond absurd. @FSCDems need to have a hearing on Robinhood's market manipulation. They're blocking the ability to trade to protect Wall St. hedge funds, stealing millions of dollars from their users to protect people who've used the stock market as a casino for decades. …

• @dellcam Dell Cameron on x

  So many people are trying to read the @RobinhoodApp lawsuit online they've crashed the Southern District of New York's electronic case file website. $GME $AMC $NOK https://twitter.com/...

• @panzer Matthew Panzarino on x

  The wrong people started winning. Simple as that.

• @casey Casey Neistat on x

  everyone complaining about @RobinhoodApp delisting GameStop and I'm over here on @public about to get Bill Gates rich. https://twitter.com/...

• @bgurley Bill Gurley on x

  Official reason for RH actions is “volatility.” Details likely relate to their business model (would Schwab do this due to vol?). We don't have visibility into those payments/terms from their TRUE customer (the exchanges that pay them for order flow). Clarity on that would help. …

• @dellcam Dell Cameron on x

  holy shit https://twitter.com/...

• @rachelmetz Rachel Metz on x

  i think it's a good time to remind everyone that if you're not paying for a service with actual money, you are most certainly paying for it in another way, as this @VICE story by @bigblackjacobin nicely points out. https://www.vice.com/...

• @jason_koebler Jason Koebler on x

  BREAKING: Robinhood has restricted users from buying GameStop, AMC, BlackBerry, Nokia stock. This is VERY CRAZY, I do not see how RobinHood survives screwing its users like this https://www.vice.com/...

• @austin_rief @austin_rief on x

  The Head of Comms at Robinhood has the worst job in startups today. Will be fun dealing with WSB, Dave Portnoy, Chamath and the Twitter mob.

• @vladtenev Vlad on x

  I want to clarify a few things and also explain why Robinhood made the decisions it did to restrict purchasing of certain securities.

• @themaxburns Max Burns on x

  In case you aren't following the Reddit/WallstreetBets/$GME stock market madness, @RobinhoodApp is now selling off many Redditors' shares *whether they want to sell them or not.* https://twitter.com/...

• @poorlyagedstuff Poorly Aged Things on x

  https://twitter.com/...

• @rokhanna Ro Khanna on x

  Yes @aoc. We need an investigation into RobinhoodApp's decision and who influenced that. And this shows the need for a financial transaction tax on hedge fund shorting and SEC regulations on short selling practices. https://twitter.com/...

• @balajis @balajis on x

  We don't know all the facts yet. It is quite possible Robinhood was leaned on by the SEC, a banking partner, or one of many other regulators / regulated entities they are beholden to. We're seeing the limits of fintech vs crypto in real-time. Not your rails, not your stocks. http…

• @tedlieu Ted Lieu on x

  Why are brokerage firms like Robin Hood restricting trading in GameStop? Looks to me like a fear of too much profit going to ordinary investors. Can you explain @RobinhoodApp? https://twitter.com/...

• @film_girl @film_girl on x

  I have too much other stuff to do today but the conspiracy fiction that Citadel blocked GME on Robinhood to get payback for Melvin is sheer stupidity. Good explanation here https://news.ycombinator.com/ ...

• @matthewstoller Matt Stoller on x

  The fake populism is so irritating. Robinhood is shutting off trades because it borrowed too much to press its clients to engage in margin trading. Regulate. https://twitter.com/...

• @markruffalo Mark Ruffalo on x

  Just resign, @tedcruz. https://twitter.com/...

• @dellcam Dell Cameron on x

  Robinhood is still advising users “57% of analysts rate Nokia as a buy” while the stock is gated 😂 https://twitter.com/...

• @arjunsethi Arjun Sethi on x

  Oh shit! This is incredible! https://sheriffofnottinghamapp.com/

• @reddit @reddit on x

  can't wait to explain this week to my therapist

• @bgurley Bill Gurley on x

  Pretty wild to see the splits of opinions on both sides of the GME/RH discussion. I see arguments on both sides. How do people feel about taxing trading? Would cool down speculation and ALSO HFT. Pros? Cons?

• @panzer Matthew Panzarino on x

  Statement below is to counter a reddit rumor started by *checks notes* “Odin19199” — might just go viral now though. Tweets are tricky. https://www.reddit.com/... https://twitter.com/... https://twitter.com/...

• @eddiezipperer Eddie Zipperer on x

  Don't sell what you don't own https://twitter.com/...

• @rbreich Robert Reich on x

  This needs to be investigated. Apparently market manipulation is just fine when it's greedy Wall Street bankers gambling away our entire economy (as they did in 2008), but now that Redditors are rallying GameStop and AMC, it's time to restrict trading? Ridiculous. https://twitter…

• @billpascrell Bill Pascrell, Jr on x

  Many of the greedy hedge fund billionaires in this shady business pay lower taxes than their secretaries by exploiting maybe the most outrageous loophole in the tax code: carried interest. I will soon reintroduce legislation to end it. Hedge fund billionaires get enough breaks. h…

• @robzacny Robert Zacny on x

  Robinhood traded on this idea that it was somehow friendlier and gave you a better deal than older platforms for retail investors. But the mask is fully off now. https://www.vice.com/...

• @bigblackjacobin Edward Ongweso Jr on x

  “They will suicide bomb their own business models to protect the real powers ... When a system approaches a terminal crisis, its institutions will break their own rules to suppress elements that threaten the system's continued viability.” https://www.vice.com/...

• @itsdansheehan Dan Sheehan on x

  Please respect the markets, our app was not designed as a means of stealing from the rich to give to the poor. We here at Robin Hood believe that

• @arjunsethi Arjun Sethi on x

  Robinhood should change their name to Sheriff of Nottingham

• @gartenberg Michael Gartenberg on x

  Should place like Robin Hood “protect” people from making mistakes? https://twitter.com/...

• @jasonaten Jason Aten on x

  It's big customer, by the way—the one it cares about more than you—that's Citadel, which pays for Robinhood's order flow. It also happens to be the biggest investor in the hedge fund that just got bankrupted by the Game Stop short squeeze on RobinHood.

• @emmakinery Emma Kinery on x

  BREAKING: Robinhood customers sue after the site restricted transactions on certain stocks including GameStop https://www.bloomberg.com/... via @business

• @caseynewton Casey Newton on x

  Can't remember the last time I saw so many prominent venture capitalists and tech folks blast a tech company in public as with Robinhood today. The hit pieces are coming from inside the house!

• @reckless Nilay Patel on x

  Lotta people finding out that clicking “I agree” in the Robinhood terms of service means they agree to things

• @fintechfrank Frank Chaparro on x

  Robinhood won't let users buy $GME $AMC or $NOK, but they'll let them buy Dogecoin. Let that sink in for a second.

• @tedlieu Ted Lieu on x

  Dear Robinhood: I'm highlighting @RobinhoodApp because you say your mission is to “democratize finance for all.” Your actions in restricting customers from buying GameStop and AMC stock suggest the opposite. By only allowing people to sell, you are driving down share prices. Why?…

• @pt Parker on x

  Honest Robinhood: “Look, we designed the app to encourage *terrible* investment decisions because it is *highly* profitable for us. We stopped trading because you're probably gonna lose your house anyway, and now we're trying to minimize the lawsuits against us.” https://twitter.…

• @davidsacks David Sacks on x

  When a company takes an action inimical to its stated mission, it should post the government order requiring it, or if that doesn't exist, a well reasoned explanation for why it's changing course. Else its users will assume the worst.

• @sama Sam Altman on x

  fuck robinhood

• @justinkan Justin Kan on x

  SEC should investigate the following: 1. Did Citadel's hedge funds (Citadel Global Equities and Citadel Wellington) hold any short positions in stocks heavily owned by Robinhood users? And did they increase them in the past few days?

• @chimeracoder Aditya Mukerjee on x

  Robinhood's entire business is taking advantage of retail investors, but if you take politicians' and regulators' words and intentions at face value, any regulation to protect retail investors will actually still result in the same end result as what Robinhood is doing today.

• @mattzeitlin Matthew Zeitlin on x

  here's webull on the record saying it was the clearing firm that told them to restrict gme and amc https://twitter.com/...

• @mims Christopher Mims on x

  Also underappreciated that now Elizabeth Warren, AOC, Ted Cruz, Donald Trump Jr. and Ja Rule have all found common cause, and it's that the founders of Robinhood should be investigated (???)

• @salem4congress Salem Snow on x

  So Robinhood & Webull are protecting wealthy investors of corps like GameStop & AMC by blocking working class folks from buying stocks, & Apple is protecting them from bad reviews in the App Store. Y'all realize wealthy capitalists have been rigging everything against us, right? …

• @nope_its_lily Lily on x

  Robinhood is killing GME and AMC. https://twitter.com/...

• @longshorttrader LST on x

  Robinhood, less than 12 hours ago: “There was no liquidity problem” New York Times, now: Robinhood, in Need of Cash, Raises $1 Billion From Its Investors https://twitter.com/...

• @rabbishmuley Rabbi Shmuley on x

  The man who created Reddit's WallStreetBets never imagined community would send GameStop shares into overdrive, nearly topple a hedge fund and leave professional money managers staring at Twitter with mouths agape - what in the world happening on wall st? https://www.wsj.com/...

• @eringriffith Erin Griffith on x

  A good read on the genesis of WallStreetBets and some of the uglier aspects of it https://www.wsj.com/...

• @rwhelanwsj Robbie Whelan on x

  The creator of WallStreetBets, the subreddit where day traders have rallied to take on hedge funds over GameStop, is Jaime Rogozinsky, son of Jacques Rogozinsky, a career public official in Mexico who oversaw a wave of privatizations in the 1990s: https://www.wsj.com/...

• @karaswisher Kara Swisher on x

  Great piece: The man who created Reddit's WallStreetBets never imagined the community would send GameStop shares into overdrive, nearly topple a hedge fund and leave professional money managers staring at Twitter with mouths agape https://www.wsj.com/...

• @schwarz Jon Schwarz on x

  I did not know that Martin Shkreli used to be a moderator for r/WallStreetBets https://www.wsj.com/... https://twitter.com/...

• @zguz Zack Guzman on x

  NEW: The CEO of Webull tell us the decision to join Robinhood in restricting AMC and GameStop trades came from soaring costs to settle its users trades: “It wasn't our choice ... this has to do with settlement mechanics in the market.” https://twitter.com/...

• @webullglobal Webull on x

  UPDATE: GME, AMC, and KOSS are no longer restricted.

• @public @public on x

  We're back. ⚡ Our clearing firm, Apex, has resumed the ability to buy $GME, $AMC, and $KOSS on Public. We appreciate their cooperation and are grateful to our members for their patience and understanding.

• @webullglobal Webull on x

  Due to the extreme volatility in the symbols AMC, GME, and KOSS, our clearing firm will no longer be able to support clearance on these symbols. As a result, Webull is forced to set all transactions in these symbols to liquidate only. (2/2)

• @panzer Matthew Panzarino on x

  Webull CEO says Apex couldn't afford the trade clearance due to volume. Wow. https://twitter.com/...

• @jgreco Jim Greco on x

  The real reasons are always way more boring than the conspiracy theories https://twitter.com/...

• @panzer Matthew Panzarino on x

  Platform analysis from WSB https://twitter.com/...

• @cfarivar Cyrus Farivar on x

  The Dec 2020 settlement in the SEC's Robinhood case is worth a read: “Robinhood's customers received inferior execution prices compared to what they would have received from Robinhood's competitors.” https://beta.documentcloud.org/ ... https://twitter.com/...

• @mathewi Mathew Ingram on x

  We created a business based around allowing people to execute stock trades, but we didn't take into account the cost of actually executing those trades. Our bad https://twitter.com/...

• @matthewstoller Matt Stoller on x

  I'm not sure why most retail brokers suspended trading, but it's likely a financial plumbing problem, as well as collusion. Remember, we never fixed anything after the flash crash in 2010, and Elon Musk openly rigs his own stock. https://twitter.com/...

• @alexeheath Alex Heath on x

  Contrast these updates, explaining why trading has been effected, vs. Robinhood https://twitter.com/...

• @panzer Matthew Panzarino on x

  Apex found coins under the couch to pay for clearing memes https://twitter.com/...

• @panzer Matthew Panzarino on x

  Webull also back (also uses Apex) https://twitter.com/...

• @fmanjoo Farhad Manjoo on x

  pretty interesting https://twitter.com/...

• @newyorkstateag Ny Ag on x

  My office is actively reviewing concerns about activity on the @RobinhoodApp, including trading related to @GameStop stock.

• @senmikelee Mike Lee on x

  We should investigate. https://twitter.com/...

• @carolmassar Carol Massar on x

  *SENATE PANEL TO HOLD HEARING ON CURRENT STATE OF STOCK MARKET

• @rakeshlobster Rakesh Agrawal on x

  Maybe after SEC is done looking at reddit, they'll look at (lack of) regulation for hedge funds. LOL. I crack myself up.

• @jalter Jessica Alter on x

  Another ex of policy and tech cos' futures being inextricably linked. https://twitter.com/...

• @issielapowsky Issie Lapowsky on x

  Honest question though, do we have any hearings yet scheduled to talk about how the Capitol insurrection was planned by domestic extremist groups in broad daylight on social media? Or are we just on to GameStop now? https://twitter.com/...

• @kellymakena Makena Kelly on x

  Incoming Senate Banking Chair @SenSherrodBrown commits to holding a hearing after Redditors cause unprecedented volatility in GameStop stock https://www.theverge.com/...

• @_semahernandez_ Ms. Sema on x

  Still waiting on $2,000 #COVID19 relief checks, but let's rush to figure out why the rigged systems didn't work for Wall Street firms: Senate to hold hearing on the stock market after Reddit GameStop squeeze https://www.theverge.com/...

• @emmakinery Emma Kinery on x

  House and Senate to hold GameStop hearings https://twitter.com/...

• @danrolle Dan Rolle on x

  Translation: There are going to be some serious fines. Like, we are talking a real slap on the wrist here folks. https://twitter.com/...

• @olaasm @olaasm on x

  Don't know how many times people have to say, “If the service is free, you are the product,” but apparently it's a lot. https://twitter.com/...

• @senwarren Elizabeth Warren on x

  I'll be joining @CNBCClosingBell at 3:30 ET to discuss GameStop and the work regulators need to do to prevent Wall Street's market gamesmanship in the future. I hope you'll tune in.

• @hshaban Hamza Shaban on x

  Rep. Maxine Waters, the chair of the House Financial Services Committee, will hold a hearing to examine trading around GameStop and other stocks, with a focus on short selling, online trading platforms, gamification and their systemic impact on capital markets & retail investors …

• @elwasson Erik Wasson on x

  BOOM: incoming Chairman @SenSherrodBrown announces Senate Banking hearing on the stock market in wake of Gamestop situation

• @cnbc @cnbc on x

  AOC and Ted Cruz lead bipartisan criticism of Robinhood over GameStop trading freeze https://www.cnbc.com/...

• @iansherr Ian Sherr on x

  When Ted Cruz and AOC agree on something, watch out: https://twitter.com/...

• @khoustephanie Stephanie Whitfield on x

  An investor shared these screen grabs this morning showing Robinhood is limiting purchases of Reddit stocks: AMC, Blackberry, Nokia and GameStop #khou11 https://twitter.com/...

• @jbarro Josh Barro on x

  I guess Robinhood's thinking is shutting off access to the bubble won't cost them as many customers as letting even more customers go broke in the bubble?

• @lklatt11 Logan Klatt on x

  Weird...I don't remember seeing this when the rich were pumping Bitcoin a month ago https://twitter.com/...

• @devlinbarrett Devlin Barrett on x

  GameStop - the debacle that gives everyone in finance the chance to show who they really are https://twitter.com/...

• @themaxburns Max Burns on x

  Reaching out to @RobinhoodApp for confirmation that they appear to be selling retail investors' shares in $GME whether they want to sell or not. If you're a part of WallstreetBets and you've experienced this, let me know in the comments. https://twitter.com/...

• @ashbennington Ash Bennington on x

  And just like that, an entire generation of young traders have moved to Crypto and DeFi... Robinhood, Interactive Brokers Clamp Down on High-Flying Stocks https://www.bloomberg.com/...

• @tomzellerjr Tom Zeller Jr on x

  Interesting how the forces incessantly clamoring for unregulated financial markets suddenly demand interventions when ordinary people beat them at their own game. https://www.bloomberg.com/...

• @bw @bw on x

  UPDATE: Some of the stocks that can't be bought on Robinhood right now: GameStop AMC Nokia BlackBerry American Airlines Bed Bath & Beyond Castor Maritime Express Koss Naked Brand Sundial Growers Tootsie Roll Trivago https://www.bloomberg.com/...

• @ashbennington Ash Bennington on x

  There are risks in trading crypto too, obvi. (Indeed risk & uncertainty is the point of trading.) But the probability of having your next trade gated by an arbitrary + capricious decision of 1 company is FAR lower in a decentralized marketplace. https://twitter.com/...

• @themaxburns Max Burns on x

  If you want a good benchmark for how completely @RobinhoodApp and other trading platforms screwed up, @AOC and @tedcruz are united in demanding a full investigation into today's ban on retail investment in $GME, $AMC and others. https://twitter.com/...

• @brianroemmele Brian Roemmele on x

  “We stopped you from buying for your own good. Now we will sell for your own good. You are just a commoner and you play nice and simply do not belong at the grown up table. We have charts and degrees, you have memes. We work for Nottingham and not for you”—Love Much @RobinhoodApp…

• @tomwarren Tom Warren on x

  I've never seen such an active Discord server as r/WallStreetBets. Discord struggles on a desktop PC (i9-10900K) and my iPhone just burns through battery and gets super hot. There are still dozens of people joining every second. I bet the Discord dev team is learning a lot here h…

• @debostic Daniel Bostic on x

  Hate speech is what they accuse you of when you challenge the ruling elites Screw these oligarchs. Seriously. https://twitter.com/...

• @davidsacks David Sacks on x

  I think you all know by now that WallStreetBets' real crime was not hate speech but rather wounding powerful insiders, who are supposed to be competitors but always come together to crush outsiders. Ok, now do Parler. https://twitter.com/...

• @maxkennerly Max Kennerly on x

  For a brief moment, the stock market served its nominal purpose: distributed sources contributed needed capital to a business that provides something people want. DON'T BE ALARMED! Wall Street swiftly intervened to contain this outbreak of capitalism and restore kleptocracy. http…

• @jefftutorials Jeff on x

  A bizarre turn of events in less than 24 hours. https://twitter.com/...

• @tomwarren Tom Warren on x

  scoop: Discord is no longer banning r/WallStreetBets — it's helping them. Discord employees are now working directly with the subreddit's mods to improve the server. Details here: https://www.theverge.com/... https://twitter.com/...

• @kressaty Jonathan Kressaty on x

  Never be surprised when platforms that are good at platforming actually grow. https://twitter.com/...

• @mmasnick Mike Masnick on x

  Everything comes back to content moderation over and again forever. https://www.theverge.com/...