RobinHood wtf?

Prudential
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Morgan Stanley
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Jan 28, 2021 37 Comments

Is blocking buy positions even legal? There’s a class action lawsuit in SDNY against you guys for this.

You do realise that blocking buy trades for retail investors (RobinHood users) artificially reduces demand causing prices to go down... a form of manipulation. Will be closing all my accounts (atm 20k value) tied with rh 1) shitty uptime 2) does not support “free market.” I guess it’s free until your user base starts making money.

Disclaimer: I did not buy the memes stocks but it seems they can do this to any stock any day and get away with it

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