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Reddit rally for GME stock, Robinhood closes trading.

Submitted by Putt, , Thread ID: 195892

Thread Closed
29-01-2021, 05:10 AM
#1
Interested to see opinions. As a response to the extreme and perhaps dangerous 2400% rally of GME / Gamestop over the last fwe days, Robinhood pulled the stock entirely from the platform, only allowing users to close positions & not open long or short positions.

A plaintiff from r/wallstreetbets has filed a class-action suit accusing Robinhood of market manipulation. A number of people have come forward in support of the meme trading community stating that even when trading is dangerous and illogical, the free market should facilitate it.

What do we think - should the markets be truly free even in situations like this or should the markets be managed to stop what has been called a 'reddit ponzi scheme'?

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