You are reading a single comment by @dicki and its replies.
Click here to read the full conversation.
-
I’d caution against having too much faith in retail investors who still use robbing hoods after the bs they pulled earlier in the year.
-
I'm pretty sure that most retail brokers will do this, and always have done this - otherwise the cost per transaction makes retail share trading entirely (even more) pointless.
Eseman
NotThamesWater
@dicki
gme could really go to the moon today after the latest news about robinhood broke last night, it seems all people using robinhood are actually only holding cfd's not real shares, so the 20mn+ shares bought and held by wallstreetbets people were never filled in the market, or most of them weren't
i believe they were saying that robinhood do this for all their positions, people were advised to move shares out of robinhood asap and force them to purchase shares in the market to transfer to other brokers, obviously if this is the case with all shares robinhood could well be fucked so if you are holding positions with robbing hoods might be a good time to start thinking about moving cash and positions out in case they do go tits up and lock your cash and shares up
if people start using other brokers ( non cfd brokers ) then real shares will start trading on the exchanges and the squeeze might happen, previously citadel bought shares in dark pools and sold on the open market so all the upwards pressure didn't really happen
today could see the start of a new part of the gme story
*i'm not invested in gme, just been watching with interest for a couple of weeks now
this is not financial advice, do your own reasearch and have a read about it,
#diamondemoji #diamondemoji #diamondemoji #diamondemoji #diamondemoji
#rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji #rocketemoji