Discussion

• @ashkan Ashkan Karbasfrooshan on x

  Hmm... are these two people not the same person?! #RobinHood https://www.techmeme.com/... https://twitter.com/...

• @nytimestech @nytimestech on x

  “IF HE'S STILL IN, I'M STILL IN,” over 100 different followers wrote about a Reddit user who helped fuel this week's frenzy in GameStop. https://www.nytimes.com/...

• @kellen_browning Kellen Browning on x

  Reached by phone Thursday, Mr. Gill's mother Elaine confirmed that he was Roaring Kitty. “I'm proud,” she said, before hanging up. https://www.nytimes.com/...

• @bgurley Bill Gurley on x

  Michael Lewis in @nytmes (2001) on Jonathan Lebed: https://nytimes.com/... He's the precursor to DeepF**KingValue profiled today in @wsj: https://www.wsj.com/...

• @ampressman Aaron Pressman on x

  Contrast and compare the RoaringKitty profiles by our two leading daily financial publications: NYT: Mr. Gill's mother, Elaine, confirmed in a brief phone call that her son was Roaring Kitty. “I'm proud,” she said, before hanging up. https://www.nytimes.com/...

• @carnage4life Dare Obasanjo on x

  /u/DeepFuckingValue just posted his $GME gains (including $13M cash) and I'm struck by how this one Reddit user could create a viral exit from the stock by posting that they've sold which would then impact the whole market. How would Liz Warren fix this? https://www.reddit.com/..…

• @sarthakgh Sar Haribhakti on x

  “Mr. Gill's obscene username on Reddit's WallStreetBets forum is supposed to reflect a belief in value investing—buying shares of companies that are inexpensive relative to the underlying business.” Guys this was value investing all along https://www.wsj.com/...

• @davidjlynch David J. Lynch on x

  “I support these retail investors, their ability to make a statement.” Keith Gill, the man who led the GameStop mania, talks to the Journal. https://www.wsj.com/... via @WSJ

• @autismcapital @autismcapital on x

  Deepfuckingvalue is going to have an interesting weekend. https://twitter.com/...

• @seattletimes @seattletimes on x

  How a man known as “Roaring Kitty” helped fuel the frenzy around GameStop. His $53,000 investment in the company briefly reached $48 million in value. https://www.seattletimes.com/ ...

• @hshaban Hamza Shaban on x

  “After Thursday's market close, his E*Trade brokerage account, viewed by the Journal, held around $33 million, including GameStop stock, options and millions in cash.” https://twitter.com/...

• @nytimes @nytimes on x

  When reached by phone, Keith Gill's mother, Elaine, confirmed that her son was Roaring Kitty. “I'm proud,” she said, before hanging up. https://www.nytimes.com/... https://twitter.com/...

• @nathanielpopper Nathaniel Popper on x

  NEW: The Roaring Kitty Rally The story of the young day trader from Massachusetts who, over the course of some two years, helped turn GameStop into a global phenomenon from his basement office, the Kitty Room. W @Kellen_Browning https://www.nytimes.com/...

• @marklittlenews Mark Little on x

  Hello Roaring Kitty ... “Fast-talking and cracking jokes in between analyzing stocks, Mr. Gill sipped beer, brandished cigars and told viewers he sometimes used a Magic 8-Ball to guide his investments.” https://www.nytimes.com/...

• @nytimes @nytimes on x

  A Reddit user known as “Roaring Kitty” has helped fuel the GameStop frenzy. At one point, his $53,000 investment in the company was worth $48 million. Keith Gill, a former financial educator for an insurance firm, is the man behind the username. https://www.nytimes.com/...

• @gelles David P Gelles on x

  WSJ talks to Keith Gill who led the GameStop market rally. They also talk to his mom “The first thing that I had asked him when this craziness started was: is this illegal or anything dishonest? He said, 'No mom, it's not,'” recalled Ms. Gill https://www.wsj.com/...

• @rkrigney Ryan K. Rigney on x

  The Redditor who started the GME trading frenzy (and made $50 million) spoke to the Wall Street Journal and unsurprisingly he looks like A GAMING GOD https://www.wsj.com/... https://twitter.com/...

• @eliotwb Eliot Brown on x

  The guy who started this whole Gamestop thing was a star cross country/track runner from MA and ran a 4:00 mile (after high school) https://www.wsj.com/...

• @austinhunt Austin Hunt on x

  by far the most impressive thing about r/deepfuckingvalue is that he used to run a 4-minute mile https://www.wsj.com/...

• @lucasmtny Lucas Matney on x

  Up $33,000,000 and counting. Wild profile from @JAVerlaine & @GunjanJS https://www.wsj.com/...

• @chrislhayes Chris Hayes on x

  Incredible that his home setup looks *exactly* how you would think. https://www.wsj.com/...

• @srussolillo Steven Russolillo on x

  The trader known as DeepF—ingValue on the WallStreetBets forum helped turn the investing world upside down. Turns out he's just a regular dude. A 34-year-old dad in Boston who used to work in marketing. “I didn't expect this.” $GME $AMC $BB https://www.wsj.com/...

• @rxfaro @rxfaro on x

  Long hair. Head band. Multiple monitors. In a basement. I wouldn't have pictured him any differently. https://twitter.com/...

• @phatmike9 Mike Hydzik on x

  This guy hits $33 million off of GameStop stock and his main dream is to build an indoor track/field house in his hometown. @JCUXCTF need to get one of these guys in the pipeline. https://twitter.com/...

• @davecbenoit Dave Benoit on x

  Roaring Kitty was a track star from Brockton. And then he bought some GameStop shares. https://www.wsj.com/...

• @wsj @wsj on x

  In his first interview, the investor who helped direct the world's attention to GameStop tells us his motive was education and value investing, and that he might buy a house with his profits. “I didn't expect this.” https://www.wsj.com/...

• @jasonzweigwsj Jason Zweig on x

  Whatever you think of the WallStreetBets flash mobs, you have to read this story by my pals @GunjanJS and @JAVerlaine. https://www.wsj.com/... via @WSJ

• @emanuelderman Emanuel Derman on x

  He's a long distance runner ... wants to build an indoor track ✔️ https://www.wsj.com/... via @WSJ

• @robinhoodapp Robinhood on x

  We've received questions about Robinhood and the mechanics behind your trades. https://rbnhd.co/jan-29 https://twitter.com/...

• @louwhiteman Lou Whiteman on x

  Captain of the Titanic: “We've received questions about why your feet are wet...” https://twitter.com/...

• @brooke Brooke Hammerling on x

  And THIS is a masterclass in how not to communicate as a company. Maybe 2 days ago it would have been fine but at 11PM ET on a Friday night to drop this? And to be glib and not address the seriousness of the last 2 days? NOPE. https://blog.robinhood.com/...

• @ourielohayon Ouriel Ohayon on x

  Good explanation but it comes down to one issue. Centralized finance rails is not fit to serve well open finance. Settlement day+2 in 2021 is unimaginable in the age of real time internet. Robinhood (and others) should and must do a better job at disclosing those risks earlier ht…

• @piercejohnston Pierce Johnston on x

  Robinhood CEO yesterday: we had plenty of money to cover the deposit requirements Robinhood today: we didn't have enough money to cover the deposit requirements https://twitter.com/...

• @joshelman @joshelman on x

  But slowing down for a sec - if you have been part of the speculation, questions, or impacted by the market this week, worth reading: https://blog.robinhood.com/...

• @jason @jason on x

  This is an exceptionally well written explanation of what happened this week. 👏 @RobinhoodApp 👏 There is no conspiracy Robinhood wants you to trade, but they have requirements being the #1 app while GameStop $gme became the #1 nationwide story is unprecedented—and hard! https://t…

• @ourielohayon Ouriel Ohayon on x

  Tl;dr: trading Day+2 has caused used us massive liquidity risks and we had to pause certain stocks. https://twitter.com/...

• @bgurley Bill Gurley on x

  Does the amount of margin your customers are using (and you are allowing) directly impact the mandated deposit levels? https://twitter.com/...

• @pitdesi Sheel Mohnot on x

  The Robinhood response is a good explanation of what happened. It is ~40 hours late, bad PR. They should have sent out an email with a TL;DR and linked to this article for a longer explanation. Their deposit requirements went up 10X due to the volatility https://blog.robinhood.co…

• @amir Amir Efrati on x

  In other words you're saying this could happen again, right? https://blog.robinhood.com/... https://twitter.com/...

• @barbariancap @barbariancap on x

  I think this is the only actual number in this post “our clearinghouse-mandated deposit requirements related to equities increased ten-fold” https://twitter.com/...

• @qtrresearch @qtrresearch on x

  New Robinhood blog just out says clearing houses raised deposit requirements for them 10x this week and that individual securities accounted for “hundreds of millions” in deposit requirements https://blog.robinhood.com/... https://twitter.com/...

• @edbott Ed Bott on x

  I am reminded of this lyric from the Neville Brothers ' song, Sons and Daughters, which never fails to just hit me in the gut: “It's freedom of speech - as long as you don't say too much.” https://twitter.com/...

• @starfire2258 Sean Hollister on x

  “Pray I don't alter it any further.” https://twitter.com/...

• @reedgalen Reed Galen on x

  Robinhood acting more like the Sheriff of Nottingham. https://twitter.com/...

• @erichreimer Erich Reimer on x

  Stock rationing, much wow, so very! (Views my own; not of DoD) https://twitter.com/...

• @wheatpond Eric on x

  upcoming RH IPO: a brokerage app that doesn't let you trade stocks 🤨 https://twitter.com/...

• @doctorow @doctorow on x

  There is no shortage of takes about what's going on with Gamestop (and other surging stocks), Robinhood and Reddit's r/wallstreetbets, many of them contradictory - at least on the face of them. But I think it's possible for most of these takes to be right. Here's how. 1/ https://…

• @jwherrman John Herrman on x

  it turns out that manipulating reddit is a pretty good test for your ability to manipulate bigger systems https://www.nytimes.com/...

• @lifewinning Ingrid Burrington on x

  “to always seem like you might be joking, well beyond the point at which you should be taken seriously, is to guard yourself against accurate interpretation and evaluation.” This sentence is possibly the last 20 years in summary https://www.nytimes.com/...

• @rashaabdulla Rasha Abdulla on x

  This is escalating so fast! https://twitter.com/...

• @can Can Duruk on x

  regardless of whether reddit/wsb is behind the gme, another lesson should be about the mob rule. robinhood was all about democratization till the mob turned on them and no one else (you think only rh blocked trades? so did schwab and td) https://twitter.com/...

• @dcherring Dennis Gamestomp Herring on x

  now fancy that. https://twitter.com/...

• @awealthofcs Ben Carlson on x

  My favorite part of this story is the Roaring Kitty GameStop guy is a CFA See - the CFA is worth it! https://www.reuters.com/... https://twitter.com/...

• @frankpasquale Frank Pasquale on x

  “Among its unspoken rules was an expectation that users upvote pro-Trump content regardless of its quality, because doing so would make it visible to users elsewhere on the platform, or force Reddit to intervene, inviting” cynical cries of censorship. https://www.nytimes.com/...

• @reckless Nilay Patel on x

  Ah yes the little guy https://www.reuters.com/...

• @cwarzel Charlie Warzel on x

  here, @jwherrman gets at a defining dynamic of the last decade which is how things that are very real are also increasingly absurd and nihilistic (and it still scrambles a lot of brains) https://www.nytimes.com/...

• @senwarren Elizabeth Warren on x

  Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don't help GameStop's workers or customers and could lead to market instability. Today I told the SEC to explain what exactly it's doing to prevent market manipulation. https://www.warren.senat…

• @timcast Tim Pool on x

  It sounds like Warren is trying to protect the hedge funds https://twitter.com/...

• @paulportesi Paul Portesi on x

  The SEC couldn't find Madoff even after getting the answers to the test. I am short the SEC. SEC said it's seeking to identify potential misconduct in the recent stock market mania and will review decisions by brokerages to halt buying of certain shares https://www.bloomberg.com/…

• @patrickvontrapp Patrick Leijon on x

  The people on the Left attacking Warren for this letter are gonna look like idiots when the $GME bubble pops. The stock could go to $1000, but it's going to pop and innocent / novice investors will be left holding the bag. https://twitter.com/...

• @icodrops @icodrops on x

  The Securities and Exchange Commission (SEC) may take a closer look firms like Robinhood and their actions amid a period of elevated activity around stocks like GameStop (GME). https://www.sec.gov/... https://www.theblockcrypto.com/ ... https://twitter.com/...

• @hshaban Hamza Shaban on x

  The SEC responds to the GameStop chaos and the trading platforms restricting the buying of high-flying stocks: Agency says it will act to protect retail investors from manipulative trading and will review actions that may have disadvantaged investors https://www.sec.gov/... https…

• @jessefelder Jesse Felder on x

  'In pursuing possible manipulation of stock prices, the SEC said it's focus would be on protecting “retail investors.” It cautioned that market participants “should be careful to avoid” illicit schemes.' https://www.bloomberg.com/...

• @w7voa Steve Herman on x

  Comment from regulator on @GameStop, @RobinhoodApp, et al. https://twitter.com/...

• @davidshepardson @davidshepardson on x

  “The Commission will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities” https://twitter.com/...

• @thestreet @thestreet on x

  Securities & Exchange Commission Statement: “The Commission is closely monitoring and evaluating the extreme price volatility of certain stocks' trading prices over the past several days.” https://www.sec.gov/... $GME $AMC $BBBY

• @adrianna_mdz Adrianna Mendez on x

  “Hey guys invest in stocks” “No, wait, not like that.” https://twitter.com/...

• @tubegrowth YouTubeGrowth on x

  @Techmeme This Is What Happens When Elon Musk Changes His Twitter Bio to #Bitcoin https://www.youtube.com/...

• @business @business on x

  JUST IN: The SEC said it's looking at potential misconduct and will review decisions by brokerages to halt buying of certain shares https://www.bloomberg.com/... https://twitter.com/...

• @bloombergtv Bloomberg TV on x

  Press Secretary Jen Psaki points to the SEC's statement in response to a question about GameStop trades this week https://www.bloomberg.com/... https://twitter.com/...

• @fercany Fercan Yalinkilic on x

  SEC is “working closely with our regulatory partners, both across the government and at Finra, including the stock exchanges, to ensure that regulated entities uphold their obligations to protect investors and to identify and pursue potential wrongdoing,” https://www.bloomberg.co…

• @nekiasnba @nekiasnba on x

  yeah let's see Saban wiggle his way out of this one https://twitter.com/...

• @business @business on x

  The SEC said it's seeking to identify potential misconduct in the recent stock market mania and will review decisions by brokerages to halt buying of certain shares https://www.bloomberg.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/...

• @jarule Ja Rule on x

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

• @thenewsoncnbc @thenewsoncnbc on x

  The astronomical rally in GameStop has imposed huge losses of nearly $20 billion for short sellers this month — but they're not budging. https://www.cnbc.com/...

• @stephenpunwasi Stephen Punwasi on x

  Elon Musk is anti-establishment for the crowd that tries to stick it to Amazon by shopping at Walmart. https://twitter.com/...

• @yunli626 Yun Li on x

  GameStop short sellers have suffered a mark-to-market loss of $19.75 billion year to date, according to @S3Partners Still, most are holding onto their bearish positions or they are being replaced by new hedge funds willing to bet against $GME https://www.cnbc.com/...

• @jbarro Josh Barro on x

  I can't believe this is a real chart https://www.cnbc.com/... https://twitter.com/...

• @means_tv Means Tv on x

  Wall Street is melting down over GameStop's price, but was perfectly cool with Tesla's stock going from $60 to $860 in the course of a year after Elon Musk broke both windows of a Tesla truck on stage https://twitter.com/...

• @hshaban Hamza Shaban on x

  According to Robinhood's investing page, people who already own GameStop are restricted from buying any additional shares. And customers looking to open a new position in GameStop can only purchase 1 single share. AMC is limited to 10 shares. https://robinhood.com/... https://twi…

• @sts_news Lee Vinsel on x

  I keep thinking of a quote, which apparently John Adams never said but they put in his mouth in the miniseries: “A mob is no less a mob because they are with you.” https://twitter.com/...

• @nfergus Niall Ferguson on x

  Who could ever have foreseen a world in which online networks disrupt established hierarchies? https://www.wsj.com/...

• @jeremyjojola Jeremy Jojola on x

  NEW: I just learned a Colorado man named Chance Daniels has filed a lawsuit against Robinhood and other online brokerage firms over the GameStop saga. It sounds like it could potentially be a class action lawsuit. #9NEWS

• @theauthorguy Christopher Moore on x

  Toad you. https://twitter.com/...

• @tomaskenn Thomas Kennedy on x

  Now @RobinhoodApp is going so far as to seize people's assets and sell them without their permission. This is criminal. https://twitter.com/...

• @octofinance OctoFi on x

  OctoFi did not pressure @sequoia to pressure @RobinhoodApp to halt the trading of any stocks. This rumour is completely false. But any rumours #wallstreetbets should #DeleteRobinhood and trade Stocktopus tokens in #DeFi is irrefutable. https://twitter.com/...

• @netnobody @netnobody on x

  Robinhood is like a Doctor who prescribes painkillers for depression. https://twitter.com/...

• @helenkennedy Helen Kennedy on x

  This is some bullshit. https://twitter.com/...

• @mims Christopher Mims on x

  Anyway, I fully expect to get pillaged for years to come for articulating what seems to me an absolutely uncontroversial view. Who says discourse is dead? Huzzah! https://www.wsj.com/...

• @pkafka Peter Kafka on x

  “Both are what philosophers call “closed epistemic systems,” worldviews that are unaffected by information that contradicts them. It's confirmation bias on steroids. It's also the logic of a cult, achieved with some of the same psychological tricks.” https://twitter.com/...

• @mims Christopher Mims on x

  Why stonks now? Short version: People are still stuck at home seeking the next shiny object. Qanon fizzled. The energy that gathered rioters to the capital is at a lull. Bitcoin seems positively staid. But: $GME! https://www.wsj.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/...

• @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/...

• @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…

• @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

• @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/...

• @tedlieu Ted Lieu on x

  These new restrictions on trading suggests that @RobinhoodApp has liquidity problems. Robinhood's CEO Vlad Tenev denied the company had liquidity issues. Was he telling the truth? @SEC_Enforcement should investigate. https://twitter.com/...

• @wongmjane Jane Manchun Wong on x

  Might as well limit trading in all stocks and shut the app down What's even the point of Robinhood anymore https://twitter.com/...

• @thedextriarchy Adi Robertson on x

  For all our convenience's sake, here's the CourtListener backup of the Robinhood lawsuit https://www.courtlistener.com/ ... https://twitter.com/...

• @llchristyll Christy Thornton on x

  Attention: Robinhood's actual customers are hedge funds like Citadel (using techniques perfected by Bernie Madoff) — and its users are the product https://www.vice.com/...

• @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/...

• @mrjustinbarclay Justin Barclay on x

  It's incredible.. I agree 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/...

• @gamespot @gamespot on x

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

• @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/...

• @cnbc @cnbc on x

  GameStop shares closed 68% higher today, bringing their gain for the week to 400%. https://www.cnbc.com/...

• @cnbc @cnbc on x

  Shares of GameStop surged 400% this week. “This GameStop situation is the craziest I think I've ever seen,” one market pro says. https://www.cnbc.com/... https://twitter.com/...

• @tanvim Tanvi on x

  My worry is — and correct me if I'm wrong because Idk anything about “MARKETS” and “STOCKS” — that a lot of these small investors are going to lose their money bc of this. No? https://twitter.com/...

• @thenewsoncnbc @thenewsoncnbc on x

  The Reddit-fueled GameStop mania is putting hedge funds in a position they don't often find themselves in — playing defense. And in some cases, it's changing the way they do business. @LesliePicker reports. https://www.cnbc.com/... https://twitter.com/...

• @cnbc @cnbc on x

  We're just starting to see the “power” of a burgeoning class of retail investors in the market, @nytimes reporter @TaylorLorenz says. https://www.cnbc.com/... https://twitter.com/...

• @teroterotero Tero Kuittinen on x

  Apparently being angry at Robinhood for not allowing you to buy Nokia is not acceptable and people feeling this way must be erased https://twitter.com/...

• @webullglobal Webull on x

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

• @shwoolley Shane Woolley on x

  I thought the hand was supposed to be invisible? https://www.cnet.com/...

• @zguz Zack Guzman on x

  UPDATE: #Webull has re-opened buy orders on GameStop, AMC and Koss https://twitter.com/...

• @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.

• @ayeshaasiddiqi Ayesha A. Siddiqi on x

  thinking about people with ‘bad’ ‘credit scores’ https://twitter.com/...

• @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)

• @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/...

• @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/...

• @arjunkharpal Arjun Kharpal on x

  The Reddit frenzy has sent #dogecoin, a cryptocurrency started as a joke, up 800%. It started at Reddit group “SatoshiStreetBets” which bills itself as the crypto version of “WallStreetBets”. They're trying to push doge to $1. Right now it's $0.071 https://www.cnbc.com/...

• @kofinas Demetri Kofinas on x

  When money is free, price becomes infinitely elastic. https://www.cnbc.com/...

• @jennfranconews Jennifer Franco on x

  Robinhood restricted trading in cryptocurrencies on Friday, as the price of bitcoin and a meme-inspired token rose sharply. https://www.cnbc.com/...

• @orcainthecourt Venezuelan fisherman on x

  Robinhood=Scum. Whatever WSB selects they will restrict and tamper with until they get the outcome they want. RIP Doge. https://twitter.com/...

• @alltheway08 @alltheway08 on x

  Buying crypto on Robinhood is ill advised. If you can't get it off their platform you're probably buying IOUs. https://twitter.com/...

• @tomwarren Tom Warren on x

  Robinhood is now restricting cryptocurrency trading. It comes as Dogecoin, the joke cryptocurrency, has soared more than 300% over the past 24 hours. Bitcoin is also up, and @elonmusk has #bitcoin in his profile. Details here: https://www.theverge.com/... https://twitter.com/...

• @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.

• @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/...

• @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. …

• @jonesonthenba Nate Jones on x

  And that's fine, but they did a horrible job communicating that to the public, which left the door open to all sorts of conspiracy theories. They saw this coming days before their action, but didn't properly communicate it to/educate their customer base. https://twitter.com/...

• @lookner Steve Lookner on x

  With Robinhood in an apparent cash crunch, and lots of angry customers over their trading restrictions, have to wonder if cash crunch is being made even worse by customers withdrawing their money to take it somewhere else https://www.nytimes.com/...

• @rhinosoros Dwight Rhinosoros on x

  If you screw up when you're rich people throw money at you. https://www.wsj.com/...

• @jamessurowiecki James Surowiecki on x

  Vlad Tenev had to sell off a chunk of his company at a fire-sale price in order to raise a billion dollars in emergency cash, and Dave Portnoy is still insisting that Robinhood was at the center of some sinister scheme. https://twitter.com/...

• @danprimack Dan Primack on x

  Hearing that the Robinhood $1 billion is not 100% done. Mostly done, but commitments still coming in.

• @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/...

• @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/...

• @nope_its_lily Lily on x

  Robinhood is killing GME and AMC. 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/...

• @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

• @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/...

• @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/...

• @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/…

• @northmantrader Sven Henrich on x

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

• @timmaughan Tim Maughan on x

  this is what class solidarity looks like https://www.reuters.com/...

• @rachblevins Rachel Blevins on x

  Facebook: Someone is censoring free speech, and it doesn't involve us?? This won't stand! Facebook literally took down the group “Robinhood Stock Traders” for no apparent reason after the platform banned users from buying GameStop stocks, etc. https://www.reuters.com/...

• @damiengayle Damien Gayle on x

  Plutocrats closing ranks to shut down the people. https://www.theguardian.com/ ...

• @paulnuki Paul Nuki on x

  Not sure about the rights and wrongs of this. But interesting that it takes five years or more for Facebook to ban groups undermining democracy and about 48 hours to ban a group that threatens big capital. https://www.theguardian.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/...

• @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/...

• @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/...

• @virushuo @virushuo on x

  so what's next? apple will delist reddit/telegram? LMAO 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/...

• @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…

• @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:…

• @ryan_browne_ Ryan Browne on x

  New from me: Freetrade - the UK's answer to Robinhood - told users that it's disabling buy orders of US stocks. The app has seen a surge in activity this week as a result of wild volatility in stocks like GameStop and AMC. https://www.cnbc.com/...