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GameStop stock is bringing the country together. https://t.co/HlKVa2N3Tc
— Hayley Jones (@HayleyCJones) January 28, 2021
Alexandria Ocasio-Cortez, Rashida Tlaib, and Ted Cruz have all signaled they're willing to investigate Robinhood for freezing customers out of GameStop stock while it skyrocketed. https://t.co/NlB7IUb6I7
— VICE (@VICE) January 28, 2021
reality is shattering https://t.co/A48rOs4QFT
— Matthew Gault (@mjgault) January 28, 2021
AOC, Ted Cruz Agree: Robinhood's GameStop Stock Ban Is 'Unacceptable'https://t.co/L8eXXjWIk1
— Katie Drummond (@katiedrumm) January 28, 2021
In a rare show of bipartisan support, Senator Ted Cruz retweeted @AOC’s call to investigate Robinhood.
— Motherboard (@motherboard) January 28, 2021
“Fully agree,” he said in his tweet. https://t.co/Apo3MvAyLK
In headlines you'd never expect to read news:https://t.co/fbHxsZ3xbY
— VICE TV (@VICETV) January 28, 2021
This morning, Rep. @RashidaTlaib also publicly called on the Financial Services Committee to launch an investigation. https://t.co/2mENw54wQK
— Motherboard (@motherboard) January 28, 2021
"As a member of the Financial Services Committee, I’d support a hearing if necessary," @AOC tweeted earlier today.
— Motherboard (@motherboard) January 28, 2021
"Inquiries into freezes should not be limited solely to Robinhood. This is a serious matter." https://t.co/2mENw54wQK
Webull also back (also uses Apex) https://t.co/4sV1HkPEMo
— Matthew Panzarino (@panzer) January 28, 2021
The Dec 2020 settlement in the SEC’s Robinhood case is worth a read:
— Cyrus Farivar (@cfarivar) January 28, 2021
"Robinhood’s customers received inferior execution
prices compared to what they would have received from Robinhood’s competitors.”https://t.co/wvkL21xV53 pic.twitter.com/QSZPtbjOof
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:
— Zack Guzman (@zGuz) January 28, 2021
"It wasn't our choice ... this has to do with settlement mechanics in the market."pic.twitter.com/Micz5U6SRc
Apex found coins under the couch to pay for clearing memes https://t.co/bIX4uhpbKU
— Matthew Panzarino (@panzer) January 28, 2021
We're back. ⚡
— Public.com (@public) January 28, 2021
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.
Webull CEO says Apex couldn't afford the trade clearance due to volume. Wow. https://t.co/o9liIEHPIg
— Matthew Panzarino (@panzer) January 28, 2021
UPDATE: GME, AMC, and KOSS are no longer restricted.
— Webull (@WebullGlobal) January 28, 2021
The spectacular rise of GameStop’s stock from a surge of buying by small investors has rattled markets & DC, w/some lawmakers demanding that regulators step in & others threatening action against brokers that suddenly kneecapped retail traders(via @kelmej)https://t.co/7U3KywJc5h
— Victoria Guida (@vtg2) January 28, 2021
I regret to inform you that Donald Trump Jr. said some stuff I pretty much agree with. And you probably will too. https://t.co/ldEi4zig7J
— Ben White (@morningmoneyben) January 28, 2021
GameStop furor unites AOC, Trump Jr. and Ted Cruz
— Jon Cooper ?? (@joncoopertweets) January 28, 2021
Stocks in the video game retailer and other struggling companies saw huge rallies that blindsided some of the most powerful players on Wall Street. https://t.co/dbqD8Cw03H
https://t.co/Q99s2NcHPW@AOC @tedcruz and @DonaldJTrumpJr found common ground today in bashing Robinhood after Reddit's GameStop rally led Robinhood & other broker-dealers offering online trading apps to cut off retail access to trading, citing "volatility."
— Kellie Mejdrich (@kelmej) January 28, 2021
GameStop furor unites AOC, Trump Jr. and Ted Cruz https://t.co/YfYLyxG7MC via @politico
— Stephanie Beasley (@Steph_Beasley) January 28, 2021
"Robinhood doesn’t exist to make money from its customers. They exist to allow hedge funds to make money by giving them access to what Robinhood customers are buying and selling a fraction of a second in advance."https://t.co/nV1KY8ABIz
— Nathan Taylor (@ntaylor963) January 28, 2021
I am extremely doubtful of it being consumer protection; that would be suspend all trading, not allowing selling but not buying.
— Niall Murphy (@niallm) January 28, 2021
Allowing selling is hedge fund protection, not consumer protection.https://t.co/3cyekk1b0p is pretty good on this.
Robinhood announces it is no longer allowing users to buy $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD or $NOK. They can only close positions. https://t.co/DHD5FVF2Qv pic.twitter.com/NZXt37HBNF
— Samuel Oakford (@samueloakford) January 28, 2021
Never be surprised when platforms that are good at platforming actually grow. https://t.co/4f1SJN2Lmj
— Jonathan Kressaty (@kressaty) January 28, 2021
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
— Jason Aten (@JasonAten) January 28, 2021
Is this... unity? pic.twitter.com/7d5USiDpqI
— Brian Ries (@moneyries) January 28, 2021
For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino while everyone else pays the price.
— Elizabeth Warren (@SenWarren) January 27, 2021
Feels like we are mere hours from someone with hundreds of thousands of followers succumbing to the temptation for engagement and calling for harm to people at Robinhood
— Kyle Russell (@kylebrussell) January 28, 2021
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 pic.twitter.com/dK18RhMt2C
— Tom Warren (@tomwarren) January 28, 2021
the Robinhood app sure didn't give a shit about volatile stocks when it was the little guys losing all the money
— dan seifert (@dcseifert) January 28, 2021
We should investigate. https://t.co/1CRvL4fLs5
— Mike Lee (@SenMikeLee) January 28, 2021
here's webull on the record saying it was the clearing firm that told them to restrict gme and amc https://t.co/b4TUfUNrCE
— Matthew Zeitlin (@MattZeitlin) January 28, 2021
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.
— Aditya Mukerjee, the Otterrific ? ?️? (@chimeracoder) January 28, 2021
This! But I also think people who have their financial life in order — they can cover bills easily, have an emergency fund, and contribute enough to a retirement account — can set aside some "dumb money" to day trade with and scratch that itch (one I personally don't have) https://t.co/na7VzNvi8H
— Tanza Loudenback (@notsoTan_za) January 28, 2021
$AMC up over 240% now! https://t.co/5oLh1RfSXj pic.twitter.com/RTXTfJmpHu
— Joe Weisenthal (@TheStalwart) January 27, 2021
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
— Dr. Bilbo Succulous, Finance Expert (@ItsDanSheehan) January 28, 2021
this is class warfare https://t.co/3M0gFMZzpK
— Heather Anne Campbell (@heathercampbell) January 28, 2021
Ted Cruz and AOC agree....that showcases how bogus all of these actions taken against $AMC buyers are
— Matt Jones (@KySportsRadio) January 28, 2021
I hope they combine and accomplish something worthwhile https://t.co/kST4FgNb8g
I guess Robinhood’s thinking is shutting off access to the bubble won’t cost them as many customers as letting even more customers go broke in the bubble?
— Josh Barro (@jbarro) January 28, 2021
We don’t know all the facts yet. It is quite possible Robinhood was leaned on by the SEC, a banking partner, or one of many other regulators / regulated entities they are beholden to.
— balajis.com (@balajis) January 28, 2021
We’re seeing the limits of fintech vs crypto in real-time. Not your rails, not your stocks. https://t.co/553tRc4BIy
The 10 most heavily shorted stocks in the Russell 3000 entering the year are now up an average of 223% YTD.$GME
— Charlie Bilello (@charliebilello) January 27, 2021
Data via @ycharts pic.twitter.com/aF6B0jzhc5
You might think they developed a rationale more elaborate or persuasive than “in light of current market volatility” in the linked blog post, but that is not the case. https://t.co/YL7QbpYbnC pic.twitter.com/74jqqEVRJA
— southpaw (@nycsouthpaw) January 28, 2021
BREAKING: SEC releases statement on "ongoing market volatility," saying it is working with "our fellow regulators to assess the situation and review the activities of regulated entities, financial intermediaries, and other market participants" https://t.co/yt6IViqKAu pic.twitter.com/qxSrUIq1sc
— CNBC Now (@CNBCnow) January 27, 2021
*SENATE PANEL TO HOLD HEARING ON CURRENT STATE OF STOCK MARKET
— Carol Massar (@carolmassar) January 28, 2021
So GME seems to have literally broken retail investors access to the market right now. Trading212 down. ETrade down. Robinhood in the US down. Ameritrade down. If you aren't following this story you need to start, it is crazy.
— Jason Mountford (@jmountfordfp) January 27, 2021
I think this is halfway to really understanding what the GameStop pump is doing.
— Ryan Broderick (@broderick) January 27, 2021
If our economy is hooked up to an internet dominated by corporate-owned social platforms that incentivize virality, then, at certain point, commerce and virality just become the same thing. https://t.co/AU95qRWJdn
One of our sprinters posted this — difference in app responses when a user clicks a risky stock ($GME).@RobinhoodApp offers "buy" or "trade options" while @public warns the user that the stock is "considered risky and could lead to financial loss." pic.twitter.com/e4cI2BAhZi
— Scott Galloway (@profgalloway) January 28, 2021
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? https://t.co/PnieCb4F1R
— Ted Lieu (@tedlieu) January 28, 2021
— Ben Thompson (@benthompson) January 28, 2021
Yellen: I prefer not to comment
— Christopher Mims (@mims) January 28, 2021
AOC: https://t.co/8gAOdPjtAD
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.
— Jason Aten (@JasonAten) January 28, 2021
Should place like Robin Hood “protect” people from making mistakes? https://t.co/8ORp4VUnZ9
— Michael Gartenberg (@Gartenberg) January 28, 2021
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.
— Elizabeth Warren (@SenWarren) January 28, 2021
An investor shared these screen grabs this morning showing Robinhood is limiting purchases of Reddit stocks: AMC, Blackberry, Nokia and GameStop #khou11 pic.twitter.com/ScgBJkgyTM
— Stephanie Whitfield (@KHOUStephanie) January 28, 2021
wallstreetbets subreddit just went private pic.twitter.com/1xtcc00u9e
— Rod Breslau (@Slasher) January 27, 2021
We Are Doing This For Your Own Good, Not For the Benefit of the Stonk Men Who Pay Us Fees https://t.co/gtMeIQ0i96
— Jack Holmes (@jackholmes0) January 28, 2021
Robinhood restricts buying $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK which effectively lowers their prices by cutting off a large segment of buyers.
— Dare Obasanjo (@Carnage4Life) January 28, 2021
Hard to argue this isn’t a form of manipulation. Can’t wait for the leaked email threads. https://t.co/zdoUgFQdCX
Robinhood's bio is 'Democratizing Finance for All'. But any successful centralized organization eventually needs to toe in line to the oligarchical rules. Robinhood doesn't have a choice but to censor, neither does Twitter. Full stack decentralization is the only way. https://t.co/Xl7qvnlqxP
— Riva (@rivatez) January 28, 2021
Gamestop is such a Rorschach blot. Everyone sees whatever they want to see. Interest rates! Decentralisation! The great recession! Social change! Shorts are evil! Content moderation! Give me the writer and I will tell you their take.
— Benedict Evans (@benedictevans) January 28, 2021
I am surprised Robinhood considers it one of their responsibilities to protect their users from making stupid decisions.
— Nicholas Carlson (@nichcarlson) January 28, 2021
Especially since ,mostly, day-trading is a stupid decision.
— Haymarket Books (@haymarketbooks) January 27, 2021
Crypto and WallStreetBets have the same spirit: a vision of truly free markets where *everyone* plays by the same rules.
— balajis.com (@balajis) January 28, 2021
We’re all seeing the thumb on the scales for stock prices today. And we’ll see it for dollar prices tomorrow. https://t.co/PXrNrg0RGn
the wallstreetbets discord needs to be heard to be believed.
— jpa (@josephpalbanese) January 26, 2021
it’s the modern day version of being on floor of NYSE. pic.twitter.com/QqKIz94yvU
Feel like it's my duty to say one of the Robinhood cofounders had a band in college named The Institute for the Advancement of Funk and Soul
— Eric Freeman (@freemaneric) January 28, 2021
Rephrased: “in light of Citadel failing would mean no money for us, we have decided to put our thumb in the scale so Citadel stays solvent” https://t.co/DHY3VUy7hf
— Bert JW Regeer (@bertjwregeer) January 28, 2021
>This man on Fox News just said that they should “ban social media from talking about short stocks” pic.twitter.com/lYs54F2Yu3
— cirno++ (@cirnoplusplus) January 27, 2021
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 (???)
— Christopher Mims (@mims) January 28, 2021
— Poorly Aged Things (@PoorlyAgedStuff) January 28, 2021
fuck robinhood
— Sam Altman (@sama) January 28, 2021
New: there is it; Robinhood hit with class action lawsuit after blocking trades of GameStop stock. Says deprived retail investors https://t.co/7krupWJisn
— Joseph Cox (@josephfcox) January 28, 2021
What a disaster of a statement from Robinhood https://t.co/0PgjG102Vi
— Tom Gara (@tomgara) January 28, 2021
Robinhood is still advising users "57% of analysts rate Nokia as a buy" while the stock is gated ? pic.twitter.com/rgJoRT5b4Z
— Dell Cameron (@dellcam) January 28, 2021
Apparently the Dow is down because “Some investors may have had to liquidate long positions to cover their unraveling short bets on GameStop stock and others. All three major U.S. indexes in the red”
— Horace Dediu (@asymco) January 27, 2021
The "dump" part of the "pump and dump" has begun.
— Artem Russakovskii (@ArtemR) January 28, 2021
This is where all the new "investors", I mean gamblers, discover they just gambled away their 401ks and house down payments. pic.twitter.com/BSmRcmQx4c
More than half of all Robinhood users own at least some GameStop stock.
— Motherboard (@motherboard) January 28, 2021
They are now unable to freely trade it; the app is only allowing users to close out their positions. https://t.co/DgN1H496wx
The Head of Comms at Robinhood has the worst job in startups today.
— Austin Rief ☕️ (@austin_rief) January 28, 2021
Will be fun dealing with WSB, Dave Portnoy, Chamath and the Twitter mob.
lmao GameStop hits 230 after hours and is now worth more than $10 billion. WSB, reddit, and gamers, the internet is undefeated pic.twitter.com/hKbWmCYa9r
— Rod Breslau (@Slasher) January 26, 2021
The WallStreetBets manipulation of $GME is now the best template for how one could monetize an influence operation.
— Alex Stamos (@alexstamos) January 27, 2021
lol “We’re committed to helping our customers navigate this uncertainty.” https://t.co/31LqI8kTpz
— Matt Novak (@paleofuture) January 28, 2021
A bizarre turn of events in less than 24 hours. https://t.co/xqvavykGOK
— Jeff (@JeffTutorials) January 28, 2021
Imagine Crypto-brokers deciding to suspend trade b/c the coins are too volatile! https://t.co/7LxKQrkmLQ
— Marcelo Calbucci (@calbucci) January 28, 2021
BREAKING: Robinhood customers sue after the site restricted transactions on certain stocks including GameStop https://t.co/HirFkwCwQs via @business
— Emma Kinery (@EmmaKinery) January 28, 2021
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.
— David Sacks (@DavidSacks) January 28, 2021
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 pic.twitter.com/08xziBvP88
— Dell Cameron (@dellcam) January 28, 2021
Robinhood is a free app. There ain't no such thing as a free lunch https://t.co/2xi4KLbV0W
— Tom Warren (@tomwarren) January 28, 2021
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. https://t.co/CGkJxVfzkv
— Rashida Tlaib (@RashidaTlaib) January 28, 2021
how it started: how it's going: pic.twitter.com/MIMqeU3HwG
— Tim Fernholz (@TimFernholz) January 28, 2021
Robin Hood stepping in and defending the rich to help them steal from the poor is some ironic role-reversal. https://t.co/m4PzuBJErM
— Ari Cohn (@AriCohn) January 28, 2021
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 thishttps://t.co/mUujOjoUu8
— Jason Koebler (@jason_koebler) January 28, 2021
Robinhood should change their name to Sheriff of Nottingham
— Arjun Sethi (@arjunsethi) January 28, 2021
they can say they’re trying to protect the average person all they want, but this wreaks of collusion between the media, wall street, and tech to manipulate the market and protect a handful of powerful rich people. it’s also looking like a trend. https://t.co/YXRAxnhnfC
— Mike Solana (@micsolana) January 28, 2021
BOOM: incoming Chairman @SenSherrodBrown announces Senate Banking hearing on the stock market in wake of Gamestop situation
— Erik Wasson (@elwasson) January 28, 2021
When Ted Cruz and AOC agree on something, watch out: https://t.co/w4vSge0Z2c
— Ian Sherr (@iansherr) January 28, 2021
Companies like @RobinhoodApp @etrade and @TDAmeritrade are now hand-in-hand with hedge funds screwing everyday people over.
— Sawyer Hackett (@SawyerHackett) January 28, 2021
People decided to play the big hedge funds’ game, and they took their ball and went home. https://t.co/yzsz8xisOY
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?
— Bill Gurley (@bgurley) January 28, 2021
What happened here (i.e., GMS)?
— Scott Galloway (@profgalloway) January 27, 2021
--It's about sex...
--Specifically, young men not having (enough) sex
--Sex leads to relationships, obligations and guardrails (don't get in fights, we need you. Don't gamble your paycheck, we need to save for a house)
Fully agree. ? https://t.co/rW38zfLYGh
— Ted Cruz (@tedcruz) January 28, 2021
I think I must be missing something, because this sounds virtually suicidal for the company itself. Even if their TOS is written to deflect the inevitable lawsuits, who’s going to keep using an app that locks you out of trading “volatile” stock when everyone else is still going?
— Julian Sanchez (@normative) January 28, 2021
The Reddit GameStop thing is worth it alone to make people say hilarious things like this pic.twitter.com/qijymHeced
— Quinn Slobodian (@zeithistoriker) January 27, 2021
WOW Class action complaint against @RobinhoodApp has been filed https://t.co/8XUjN8qGY6
— Josh Feldberg ? (@JoshFeldberg) January 28, 2021
This is unacceptable.
— Alexandria Ocasio-Cortez (@AOC) January 28, 2021
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. https://t.co/4Qyrolgzyt
i can report from the telegram channels that the nazis appear to be trading gamestop and amc as well
— Ali Breland (@alibreland) January 27, 2021
lol pic.twitter.com/b266dZduDP
— . (@cloud_opinion) January 28, 2021
With stocks soaring while millions are out of work and struggling to pay bills, it’s not news that the stock market doesn't reflect our actual economy. https://t.co/MeYHM8b8Cw
— Elizabeth Warren (@SenWarren) January 27, 2021
SEC should investigate the following:
— Justin Kan (@justinkan) January 28, 2021
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?
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!
— Casey Newton (@CaseyNewton) January 28, 2021
Biden team is "monitoring the situation" around GameStop.
— Jennifer Epstein (@jeneps) January 27, 2021
Robinhood was never what it pretended to be. It built its business on selling Wall Street Bets order flow to the hedge fund Citadel. In the moment of truth, we learned which customer it cares about the most.
— Tyler Winklevoss (@tyler) January 28, 2021
AOC and Ted Cruz lead bipartisan criticism of Robinhood over GameStop trading freeze https://t.co/OX7r8u3Gh9
— CNBC (@CNBC) January 28, 2021
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://t.co/HrJROqCyzf pic.twitter.com/zt05YurE6G
— Tom Warren (@tomwarren) January 28, 2021
Lotta people finding out that clicking "I agree" in the Robinhood terms of service means they agree to things
— nilay patel (@reckless) January 28, 2021
checks out pic.twitter.com/zhEYhBXUuu
— Brian Wagner (@bhwags) January 28, 2021
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://t.co/mYX8Ab3JwH
— Ro Khanna (@RoKhanna) January 28, 2021
Yo this is a fucking CRIME what @RobinhoodApp is doing DO NOT SELL!!! HOLD THE LINE... WTF ?
— Ja Rule (@jarule) January 28, 2021
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 pic.twitter.com/eDNDuPrj8r
— Rod Breslau (@Slasher) January 28, 2021
It’s too perfect that the Reddit boom is in movies, video games, and soda pic.twitter.com/gQEZU5Bp88
— Matthew Zeitlin (@MattZeitlin) January 27, 2021
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://t.co/NN6xZa1EnC
— parker (@pt) January 28, 2021
Good.
— Ryan Brown ? (@Toadsanime) January 28, 2021
Don't let anyone get away with trying to so brazenly keep wealth and stocks for the rich the moment normal people managed to get a taster. https://t.co/eQJzQdozCo
Part of the GameStop absurdity and chaotic revelry is seeing news outlets publish Reddit usernames with a straight face pic.twitter.com/BGaGbE9Wdj
— Hamza Shaban (@hshaban) January 27, 2021
The Stonk Squad is on the case https://t.co/V1aizna6g3
— Matthew Panzarino (@panzer) January 28, 2021
Ja Rule has entered the Gamestonk chat https://t.co/ctTL1jj1Gl
— Heidi N. Moore (@moorehn) January 28, 2021
just an insane arc for RH
— rat king (@MikeIsaac) January 28, 2021
they went from the beloved subreddit trading app that "democratized" retail investing to, uh, not great outlook
so much for the planned IPO?https://t.co/Lm0ME5Oq20
THEY DID IT: $GME was the most traded equity on the planet today w/ $20b in volume, more than $SPY, $AAPL and even the Mighty $TSLA. Surreal. pic.twitter.com/UxJPttsg4t
— Eric Balchunas (@EricBalchunas) January 26, 2021
holy shit https://t.co/YkQ8tp9vIJ
— Dell Cameron (@dellcam) January 28, 2021
Wow.. This is crazy. They're not allowing anyone to buy the stock on Robinhood? If they were pressured by the powers that be I'd say this is becoming a more successful version of occupy wallstreet. God damn. Other apps are still allowing it apparently. https://t.co/YXiASSSAPL
— Ross O'Donovan (@RubberNinja) January 28, 2021
This isn’t Robinhood making the markets safer. This is just Wall Street picking winners. Nothing good is going to come of this.
— Matthew Green (@matthew_d_green) January 28, 2021
everyone complaining about @RobinhoodApp delisting GameStop and I’m over here on @public about to get Bill Gates rich. pic.twitter.com/sDJHSV9Sdl
— Casey Neistat (@Casey) January 28, 2021
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://t.co/682yG7ZiqX
— Ted Lieu (@tedlieu) January 28, 2021
The wrong people started winning. Simple as that.
— Matthew Panzarino (@panzer) January 28, 2021
— (Wo)Cox (@HOLYSMKES) January 28, 2021
Blockbuster Video is a membership-based video entertainment service that preparing the launch of a cutting edge streaming service that will have *huge* potential both in the US and China pic.twitter.com/aTkBui72MK
— Tom Gara (@tomgara) January 27, 2021
— Joe Weisenthal (@TheStalwart) January 27, 2021
And Robinhood confirms it is not letting people buy GameStop stock https://t.co/rDqIGsCR3o pic.twitter.com/TCEM6aJBAv
— Joseph Cox (@josephfcox) January 28, 2021
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://t.co/CdJMjGAeFH
— Robinhood (@RobinhoodApp) January 28, 2021
JUST IN: Robinhood says it’s “restricting transactions for certain securities to position closing
— Rebecca Jarvis (@RebeccaJarvis) January 28, 2021
only” for companies including GameStop bc “of recent volatility”.
$AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOKhttps://t.co/Pcx1NGhfhK
.@RobinhoodApp's apparently selling people's shares "for their own good" ?
— Dogecoin (@ArkhonDH) January 28, 2021
Actual insanity pic.twitter.com/WYomDRm7uy
Robinhood is killing GME and AMC. pic.twitter.com/JDwcQIVKbk
— Lily (@nope_its_lily) January 28, 2021
Yada yada yada we control you for your own sake. https://t.co/Ua9Xqiq0KQ
— Andy Holloway (@andyholloway) January 28, 2021
So when individuals figure out how to use the internet against the old money regime, it takes less than 24 hours to shut them down. But when racist nazi white supremacists use it to spread hate, violence, and insurrection, well, that’s just free speech. Got it. https://t.co/EmXY73bvqc
— Duff Goldman (@duffgoldman) January 28, 2021
tfw the casino realizes you can count the cards. https://t.co/OWrrF2ffVd
— Micah Grimes (@MicahGrimes) January 28, 2021
Wealthsimple hasn't confirmed with us how much growth its seen, but one source familiar with the company listed it as "?." #FinTech https://t.co/75QFjTNHJt
— Douglas Tr0n Soltys (@tron) January 28, 2021
When Yale-educated men in button-downs engage in these behaviors, they become the Masters of the Universe. Yet, when anonymous online avatars and energetic YouTube personalities do so they are cast as immature, basement-dwelling kids.https://t.co/jNsbtpXHLe
— Jill Carlson (@jillruthcarlson) January 28, 2021
Democratize finance? Nah, Robinhood democratized leverage.https://t.co/jNsbtpXHLe
— Jill Carlson (@jillruthcarlson) January 28, 2021
GameStop and the Real Market Manipulators https://t.co/NXOEQULAwU
— ?? MackAttack XRP ?? (@MackAttackXRP) January 28, 2021
That didn't take long https://t.co/QbyIIbBw2g
— Tina Davis (@tina_davis) January 28, 2021
Lawsuits have been filed in both New York and Chicago federal courts today against Robinhood Markets, Inc., accusing the company of manipulating the market and causing financial damage to investors unable to trade their stocks freely #Robinhood #GME https://t.co/rqaPGK1w65
— Brendan Gutenschwager (@BGOnTheScene) January 28, 2021
This is going to be an exciting discovery process https://t.co/hC4Px2dMpl
— Metodi ? Filipov (@mfilipov) January 28, 2021
Robinhood Customers Sue Over Removal of GameStop (GME) Stock https://t.co/8GwEcpvYXI
— Asher Wolf (@Asher_Wolf) January 28, 2021
Robinhood Customers Sue Over Removal of GameStop (GME) Stock - Bloomberg https://t.co/jY51gbF74c
— Prosper Mwedzi (@prosmoon) January 28, 2021
And the lawsuits are starting to be filed:https://t.co/Z3RJfqQsSg
— NBA ? Momo (@ShameenYakubu) January 28, 2021
"Tax the rich": Not a lot of sympathy in Washington for hedge funders walloped by GameStop stock surge https://t.co/1tJPoPzz2G via @nbcnews
— Dareh Gregorian (@darehgregorian) January 28, 2021
Robinhood hit with class action lawsuit - https://t.co/3RXDn0dRWt
— Simon Wardley (@swardley) January 28, 2021
Opinion | As Reddit's /r/wallstreetbets plays the market, Robinhood announced it is “restricting transactions for certain securities to position closing only.”
— Adweek (@Adweek) January 28, 2021
This hasty decision will follow the Robinhood brand forever, says @AustinonSocialhttps://t.co/iC5219ftaO
we don't know a lot about what happened behind the scenes @RobinhoodApp this morning.
— Austin Braun (@AustinOnSocial) January 28, 2021
but we do know: they screwed over a lot of people, but they permanently screwed their brand even more.
my latest in @Adweek: https://t.co/vCuXSF6hQM
Breaking down Robinhood vs. Public response, courtesy of the quick-thinking @AustinOnSocial @Adweek ??????https://t.co/XX2ObgBp04
— Ko Im, MS (@koimtv) January 28, 2021
Robinhood no longer allows users to buy GameStop, AMC, BlackBerry shares https://t.co/bfN4FjICCd via @mashable
— Keisuke Kogure (@keysket) January 28, 2021
プラットフォームすごいww
Robinhood no longer allows users to buy GameStop, AMC, BlackBerry shares https://t.co/Dz4AE6YH8Z
— FutureShift (@futureshift) January 28, 2021
AOC, Rashida Tlaib, Ro Khanna (and Ted Cruz) are lambasting Robinhood and calling for a probe as to its "market manipulation." Lots of small investors are losing their shirts. Yeah, it was a laughable, absurd get-rich-quick scheme. BUThttps://t.co/BEBqGGp1aZ
— Arun Gupta Four Seasons Total Geoengineering (@arunindy) January 28, 2021
AOC and Ted Cruz lead bipartisan criticism of Robinhood over GameStop trading freeze https://t.co/OX7r8u3Gh9
— CNBC (@CNBC) January 28, 2021
I see a class action lawsuit here.. https://t.co/dxuwN64KgQ
— Gregory Mannarino (@GregMannarino) January 28, 2021
#classactionlawsuit on @RobinhoodApp $SPY $QQQ $DIA
— naashonomics (@naashonomics) January 28, 2021
Financial Services Committee, called Robinhood’s move “beyond absurd” and demanding a hearing on “Robinhood’s market manipulation.” https://t.co/2mSS6B4WD0 pic.twitter.com/fDw8DmVmau
"This is unacceptable." https://t.co/YYOUXAiBmr
— VICE (@VICE) January 29, 2021
Alexandria Ocasio-Cortez, Rashida Tlaib, and Ted Cruz have all signaled they're willing to investigate Robinhood for freezing customers out of GameStop stock while it skyrocketed. https://t.co/Apo3MvAyLK
— Motherboard (@motherboard) January 29, 2021
Undoubtedly, regulators will react and adjust the rules.
— Ed.C.Sutton (@EdCSutton) January 29, 2021
Key is, this story needs to be told correctly so reaction is directed at right people.
'Hedgefund got caught being greedy by internet sleuths. Greed= bad, studious observation=good & rewarded'https://t.co/U28yDe2w9R
GameStop furor unites AOC, Trump Jr. and Ted Cruz https://t.co/wwR1ad5fCA
— 陈小平 (@MJTVxchen15) January 28, 2021
So @Robinhood makes money by selling data to hedge funds, which is why the ended up choosing hedge funds. Their retail investors aren't their customers they're a data set. https://t.co/GFh3QZkVvw
— ken robinette baplan (@BenKaplanPhoto) January 28, 2021
Toronto #FinTech @Wealthsimple appears to be riding high on a wave of trading frenzy amid the ongoing short squeeze of #GameStop by retail investors. The startup’s platform just hit #1 overall on Canada's App Store. @isabelle_kirk + I have the full story: https://t.co/kxTvQZdBFx
— ???? ????? (@shua_scott) January 28, 2021
SEC may sue Gamestop traders. Gamestop traders sue Robinhood. We just need Robinhood to sue SEC and we complete an infinite circle of suing. https://t.co/fNEZcr2KDX https://t.co/6BS4qUINww $GME #wallstreetbets
— Shane Shixiang Gu 顾世翔 (@shaneguML) January 29, 2021
Already happened. Two lawsuits, a complaint, etchttps://t.co/e14YFXFn5b
— Machop (@GrayMachop) January 28, 2021
In a lawsuit, Robinhood user Brendon Nelson of Massachusetts said the company removed GameStop from its trading platform in the midst of an ‘unprecedented stock rise,’ depriving individuals of the ability to invest and manipulating the market. https://t.co/jjETFx0A6N
— Tim O'Brien (@TimOBrien) January 28, 2021
Robinhood Customers Sue Over Removal of GameStop (GME) Stock - Bloomberg https://t.co/u6N5dnHVxa
— ?????? ?????? (@bigendiansmalls) January 28, 2021
Robinhood hit with class action lawsuit after it restricts GameStop stock via @engadget #EatTheRich #RobinHood #RobinhoodApp https://t.co/bLgsWbvxpN
— PROGRESSIVES 4 (@Democratic_Rep) January 29, 2021
All day, Reddit users were threatening to file a class action lawsuit against Robinhood after the trading platform restricted the purchase of certain stocks.
— Matthew Keys (@MatthewKeysLive) January 29, 2021
One person, Brendon Nelson, made good on that threat. https://t.co/q9zSNUCLho
That, as they say, escalated quickly:https://t.co/UnDWVlhS26
— Dana Wollman (@DanaWollman) January 28, 2021
??両党からロビンフッド批判の声
— Yuto Haga (@Yuto_gahagaha) January 28, 2021
コルテス民主党下院議員
クルーズ共和党上院議員
両氏中心に公聴会開催に繋げる見込み
AOC, Cruz Rip Robinhood's Decision on GameStop, Prompting Senate Banking Committee Hearings - CNBC https://t.co/0H4eYdTLzA