Wall Street
S&P 500 slid 2.6% on Wednesday, when short sellers were forced to sell off other holdings to raise funds to cover their losses. Hedge funds Point72 and Citadel bailed out Melvin Capital with a nearly $3 billion cash infusion. By Thursday, trading app Robinhood which was reportedly heavily used to fuel the GameStop trading frenzy, restricted buying of Reddit backed stocks.
In light of current market volatility, we are restricting transactions for certain securities to position closing only, including $AMC and $GME. Read more here.https://t.co/CdJMjGAeFH
— Robinhood (@RobinhoodApp) January 28, 2021
Finally the little people took on the big hedge scammers.
I am making a good salary from home $1200-$2500/week , which is amazing, under a year back I was jobless in a horrible economy. I thank God every day I was blessed with these instructions and now it’s my duty to pay it forward and share it with Everyone, Here is what I do…-> bit.ly/2NRkLAH
Hope some of those elites yelled. Piglosi, etc go down with the market.
Scrap Robinhood & all within Wall St realm, Chap 7 ALL.
Rigged market to elites
WRONG.
Make fair & =.
No more investor games
TOO Much at stake & make Elites LOSE More
Purge Wall St then
Force new changes.
Or we Investors LOSE
Congress will jump into action to help Wall Street. The more they help the more they get campaign money or money for giving worthless speeches.