UPDATE: RH IS AUTOMATICALLY SELLING SHARES
https://twitter.com/primordial_oops/status/1354865278111404036
Some brokerages are imposing new rules on trading stocks like #GameStop. Pete Hegseth sounds off - he says they're trying to change the rules in order to protect Hedge Funds! #VarneyCo
https://twitter.com/Varneyco/status/1354866836874145801
>Gonna need more sauce on this.
Agree
Looking now to see if others are reporting RH selling automatically
>Twatter replies (same as /pol/ OP takedowns) are saying maybe margin call normal.
>Others saying it doesn't say margin call in the letter.
>Developing…
This is normal business if you get a margin call…if the shares weren’t bought on margin then I would have to see the individual circumstance. But it is normal business to liquidate in the event of a margin call if the stock holder is losing equity like crazy.
https://twitter.com/Brennan20061424/status/1354867911618404356
Robinhood must die
https://twitter.com/stoolpresidente/status/1354879276814897152
But you couldn’t buy anything period. They forced the price to crash so hedgefunds could cover their shorts. There will need to be a full investigation into the events of today. Phone records, surveillance, the works
https://twitter.com/stoolpresidente/status/1354879875925082117