Normal everyday folks sticking it to the Man! We can't have that! Time to shut down Robinhood, just like Parler etc.
It will be interesting to see who started all this going, and whom gets left holding the bag.
Nasdaq CEO Adena Friedman told CNBC Wednesday that the exchange monitors social media chatter, and will halt trading if they match the chatter with unusual activity in a stock.
Friedman said the Nasdaq's role as a "self-regulatory organization" is to make sure activity in the market is "legitimate" and to root out manipulation in the market. She did not detail what kind of technology the Nasdaq uses to "evaluate social media chatter," but she said if the Nasdaq can match unusual trading with social media activity, the exchange will halt the stock and potentially engage with the SEC to evaluate and investigate.
LONDON (Reuters) - Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies so far this year, data from financial data analytics firm Ortex showed on Thursday.
https://www.reuters.com/article/us-retai...9X1SW?il=0
Now that GME has been blocked from being bought by Schwab, Robinhood, and TD Ameritrade it is down $100 (30%).
It will be interesting to see who started all this going, and whom gets left holding the bag.
Nasdaq CEO Adena Friedman told CNBC Wednesday that the exchange monitors social media chatter, and will halt trading if they match the chatter with unusual activity in a stock.
Friedman said the Nasdaq's role as a "self-regulatory organization" is to make sure activity in the market is "legitimate" and to root out manipulation in the market. She did not detail what kind of technology the Nasdaq uses to "evaluate social media chatter," but she said if the Nasdaq can match unusual trading with social media activity, the exchange will halt the stock and potentially engage with the SEC to evaluate and investigate.
LONDON (Reuters) - Short-sellers are sitting on estimated losses of $70.87 billion from their short positions in U.S. companies so far this year, data from financial data analytics firm Ortex showed on Thursday.
https://www.reuters.com/article/us-retai...9X1SW?il=0
Now that GME has been blocked from being bought by Schwab, Robinhood, and TD Ameritrade it is down $100 (30%).