{"id":970,"date":"2021-01-28T14:30:28","date_gmt":"2021-01-28T19:30:28","guid":{"rendered":"https:\/\/american-review.org\/sentiment\/?p=970"},"modified":"2021-02-21T01:50:10","modified_gmt":"2021-02-21T06:50:10","slug":"robinhood-might-be-in-deep","status":"publish","type":"post","link":"https:\/\/american-review.org\/sentiment\/2021\/01\/28\/robinhood-might-be-in-deep\/","title":{"rendered":"Robinhood might be in deep."},"content":{"rendered":"\n<p>Rumors are coming out about what happened today. The events sound fishy. Employees at Robinhood are saying the company CEO was receiving calls from the White House pressuring them to restrict trading on GME and AMC.<\/p>\n\n\n\n<p>Is Robinhood restricting free trade because big firms told them to do it? <\/p>\n\n\n<p><script async=\"\" src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display:block; text-align:center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-4082025517969876\" data-ad-slot=\"1064297943\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n\n\n\n<p>Not only Robinhood but other stock trading services blocked or are still blocking users from buying GameStop stock. Meanwhile, Citadel, a $35B dollars hedge fund, has or had massive short positions in GameStop.<\/p>\n\n\n\n<p>An investigation into trading platforms that are blocking users from buying the stock FOR NO REASON must happen. Hedge funds have manipulated stock markets for a long time with massive sums of money. However, today&#8217;s events were more blatant than ever.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"725\" src=\"https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/complaint-1024x725.jpeg\" alt=\"\" class=\"wp-image-972\" srcset=\"https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/complaint-1024x725.jpeg 1024w, https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/complaint-300x212.jpeg 300w, https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/complaint-768x544.jpeg 768w, https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/complaint.jpeg 1170w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/american-review.org\/sentiment\/2021\/01\/28\/market-manipulation-coming-from-brokerages-and-firms-against-meme-stocks\/\">Understand more about what happened in previous article.<\/a><\/p>\n\n\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This didn\u2019t age well <a href=\"https:\/\/twitter.com\/RobinhoodApp?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@RobinhoodApp<\/a> <a href=\"https:\/\/t.co\/srDccJ2q4r\" target=\"_blank\">pic.twitter.com\/srDccJ2q4r<\/a><\/p>\n<p>\u2014 King Bach (@KingBach) <a href=\"https:\/\/twitter.com\/KingBach\/status\/1354873194906148866?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">January 28, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n\n\n\n<p>People buy and trust stocks because they think it is a free market. If this event goes unchecked, it may be hard to call our market free market anymore.<\/p>\n\n\n\n<p>Are our apps rigged?<\/p>\n\n\n\n<p>Check out what some Robinhood users think of the app:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"652\" height=\"834\" src=\"https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/image.png\" alt=\"\" class=\"wp-image-980\" srcset=\"https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/image.png 652w, https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/image-235x300.png 235w\" sizes=\"auto, (max-width: 652px) 100vw, 652px\" \/><\/figure>\n\n\n\n<p>This afternoon Robinhood released the following statement: <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>&#8220;<em>An update on market conditions<\/em><br><em><br>It\u2019s been a tough day, and we\u2019re grateful to you for being a Robinhood customer. In light of the extraordinary market conditions this week, we temporarily limited buying for certain securities this morning. Starting tomorrow, we plan to allow limited buys of these securities. We\u2019ll continue to monitor the situation and may make adjustments as needed. This was a temporary decision made to best continue serving you, and was not an easy one to make. We know it\u2019s led to frustration and confusion, and wanted to provide some clarity. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearinghouse deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. These requirements exist to protect investors and the markets and we take our responsibilities to comply with them seriously, including through the measures we have taken today. To be clear, this decision was not made on the direction of any market maker we route to or other market participants. The past year in particular has shown us that the financial markets are for everyone\u2014not just institutional investors and hedge funds. We\u2019ve seen a new generation enter the market, and they\u2019re sparking conversations about what it means to be an investor. We stand in support of you, our customers. Democratizing finance for all means giving more people access, not less. We\u2019ll keep monitoring market conditions and will update this Help Center article with the latest changes. We also published a blog post regarding today\u2019s events. Thank you again for being a Robinhood customer. We\u2019re so grateful for your support.<\/em>&#8220;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The statement sounds like they don&#8217;t realize they are about to go out of business. The statement also sounds like they didn&#8217;t answer anyone&#8217;s questions or address any concerns.<\/p>\n\n\n\n<figure class=\"wp-block-embed-reddit wp-block-embed is-type-rich is-provider-reddit\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"reddit-embed-bq\" style=\"height:500px\" ><a href=\"https:\/\/www.reddit.com\/r\/AmericanReviewOrg\/comments\/l7bfxp\/robinhood_might_be_in_to_deep\/\" target=\"_blank\" rel=\"noopener\">Robinhood might be in to deep<\/a><br> by<a href=\"https:\/\/www.reddit.com\/user\/American-Review-Org\/\" target=\"_blank\" rel=\"noopener\">u\/American-Review-Org<\/a> in<a href=\"https:\/\/www.reddit.com\/r\/AmericanReviewOrg\/\" target=\"_blank\" rel=\"noopener\">AmericanReviewOrg<\/a><\/blockquote><script async src=\"https:\/\/embed.reddit.com\/widgets.js\" charset=\"UTF-8\"><\/script>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Rumors are coming out about what happened today. The events sound fishy. Employees at Robinhood are saying the company CEO was receiving calls from the White House pressuring them to restrict trading on GME and AMC. Is Robinhood restricting free trade because big firms told them to do it? Not only Robinhood but other stock [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":"","beyondwords_generate_audio":"","beyondwords_project_id":"","beyondwords_podcast_id":"","beyondwords_hash":"","beyondwords_error_message":"","beyondwords_disabled":"","publish_post_to_speechkit":"","speechkit_generate_audio":"","speechkit_project_id":"","speechkit_podcast_id":"","speechkit_hash":"","speechkit_error_message":"","speechkit_disabled":"","speechkit_access_key":"","speechkit_error":"","speechkit_info":"","speechkit_response":"","speechkit_retries":"","_speechkit_link":"","_speechkit_text":""},"categories":[53,425,260],"tags":[279,400,404,407,403,408],"class_list":["post-970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-stocks","category-tech","tag-business","tag-gme","tag-manipulation","tag-robinhood","tag-stocks","tag-wall-street"],"jetpack_featured_media_url":"https:\/\/american-review.org\/sentiment\/wp-content\/uploads\/2021\/01\/Robinhood-RIP.jpg","_links":{"self":[{"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/posts\/970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/comments?post=970"}],"version-history":[{"count":0,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/posts\/970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/media\/978"}],"wp:attachment":[{"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/media?parent=970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/categories?post=970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/american-review.org\/sentiment\/wp-json\/wp\/v2\/tags?post=970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}