Robinhood has stopped allowing users to buy GameStop, AMC, BlackBerry, and Nokia stock. bit.ly/2YmW80G
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. vice.com/en/article/m7a…
Correction to a statistic cited in the preceding tweet:
Correction to a statistic cited in the preceding tweet:
@motherboard Wow it's almost like capitalism is a tyrannical system structurally arranged to benefit a select few
@motherboard After years of telling us to pull ourselves up by our boot straps, once we find a way to do it by playing their own game they want to stop us.
@motherboard Half of all @RobinhoodApp users own some $GME? Really? Seems high.
@motherboard The game has always been rigged for the rich elite. Nobody who is middle class will profit from Wall Street. They turn the game off when you do.
@motherboard @seanonolennon Very hard on the 'Homeys' here. They bot the old ^Sunset Magazine^ building near SRI-international. Evrrybody's been curious of how #RobinHood would manage to take from the Rich, though...fj7
@motherboard Big Tech, Big Media, Big Pharma, Big Banks, Big Government, Big Brother. The world we live in.