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Help me out. Do people taking this line genuinely not understand that the actual business is worth $10-$20/share, and if none of the clearing issues, rule changes and mechanics had happened, it might have gone to the moon but would still have been back at $10 in a week or two?

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Max Burns

@themaxburns

· Jan 28, 2021

Wow, @RobinhoodApp does in fact seem to be closing out $GME positions on behalf of retail investors, arguing it's for their own good. Never seen folks *forced* to sell their stock to protect a hedge fund before. Absolutely wild. twitter.com/555Sunny/statu

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Arthur B.

@ArthurB

Jan 28, 2021

Liquidating those positions may be in the customers' best interest, but it's still a giant no-no for a broker to take this kind of liberty with their customer's portfolio.

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and

You can’t know what else the client has going on with their global portfolio outside of your platform. You could have just killed their hedge. Have to assume 0 visibility and leave it up to the client to manage themselves. Broker/Exchange exist to provide access & price discovery

10:23 PM · Jan 28, 2021Twitter for iPhone

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and

And the timing to liquidate the position is definitely not in the customers interest.