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one odd thing about this story: if RH clients bought $1b of GME, that would require at most $100m of collateral if they needed $1b, then that means that RH clients bought... a lot of GME

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Silent Cal

@KralcTrebor

Jan 29, 2021

Ok - here's my best explanation of why @RobinhoodApp restricted trading in the short-squeeze stocks. Spoiler: the story isn't the Ken Griffen called Janet Yellen who instructed DTCC to raise margin on Robinhood to force them to shut down the speculative buying. Here goes ...

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2:44 PM · Jan 29, 2021Twitter Web App

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So which one to buy now?

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Saw some stats that 40% of RH monthly users hold GME

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What about for Options? How is that calculated

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Apparently near-100% collateral was needed

wsj.com

GameStop Trading Restrictions Blamed on Wall Street’s Clearing Firm by Online Broker

A number of brokerages have limited trading in a handful of popular stocks.

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Prob to cover other stocks too

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Lots of odd things. Like r/wallstreetbets omitting that call options don't have to be executed on exchanges. Fidelity and 8 other investors own 50M shares that I'm sure they would be happy to unload at a discount. Meanwhile, redditors want 1 moon each. 🚀🚀

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