Can they get done here? They're a private entity and if they want to stop people trading I'd assume they can. Although, I've not read their terms so maybe they are liable for something...

Ultimately they had to draw down the entirety of their $200m credit lines just to cover themselves due to the surge in activity related to the trades so I can partly understand putting holds on trading specific shares.

As has been mentioned, wall streeters kicking up fuss about this are being massively hypocritical. Although it does raise the issue that was already coming to a head about 'retail' average joes now being able to pile in to the stock market en masse. On the one hand it's a win for accessibility to markets, on the other it's got the potential for a massive f*** up written all over it. Will simply amplify the boom and bust cycle. Tesla is certainly being driven by it to some extent.

I've heard the collusion argument put forward today, it's nonsense. Hedge funds are exactly the same thing – a group of people, entities or companies gaming together to invest or short stocks. No different. The problem lies in the reasoning behind the investing – the average robin hood or etoro user won't be investing based on financial information, just feeling or FOMO. Like betting.

Further – the whole thing is a joke anyway – massive corporates are making just as much money off this (pensions, other hedge funds) as redditors would like to think hedge funds are 'losing' money. Further, although a lot of the people throwing $40 in are doing so on ideological merits rather than profiteering ones, this is basically the same as cryptos in that the more people you get to join in, the higher the price goes.

Finally, RH get paid large sums by high frequency traders for all these transactions, so I severely doubt they'd put a hold on things unless it would affect their ability to maintain the platform.

Did you know? 98.0000001% of people are morons.

Only daisies are asleep before eleven on a Friday night.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

GameStop and AMC: UK trading platform IG stops new trades - [Link]

One thing I've noticed about americans they love to sue people its crazy how they just sue people over everything other there i have a theory its the only way people get successful out there the american dream where you can knowingly eat a beef steak and sue the people who sold it to you claiming your a vegan.

Andy Ngo in an interview about Antifa.

[Link]

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

Did you know, Kev, that it's only a sitting president ( one that's in power ) that can be tried for impeachment?