Obviously, insider trading is legal, outsider trading is not.
they can say they’re trying to protect the average person all they want, but this wreaks of collusion between the media, wall street, and tech to manipulate the market and protect a handful of powerful rich people. it’s also looking like a trend.https://twitter.com/RobinhoodApp/status/1354805613566410756 …
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i wonder how much of this was just citadel et al threatening to not run orders for them anymore. big enough players in any game functionally define the rules of engagement
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Ken griffin is the apex predator
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It’s disgusting
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If they paused everything maybe. But they ONLY allows selling. This forces downward pressure. This is manipulation
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Citadel is their main customer of order flows. Citadel is bailing out Melvin who can fail on this short squeeze. “Capitalism”
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With each day, their vulnerabilities are becoming more clear - this is what’s keeping us from going to space.
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Cronyism will be the death of our prosperity
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can't bite the hand that feeds you!
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The Feds should be breaking down their doors...
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