We have quite inspiring times going on right now, where the internet is fighting against Wall Street short positions by messing with select stocks, however, Wall Street has messed back in illegal ways in which I hope there will be class action lawsuits involved.
Robinhood famously shut down trading of stocks, and then when they returned they limited customers to 1 share a piece in a purchase. This is market manipulation, and should blatantly be illegal. Ameritrade and other companies did similarly.
This morning E-trade is giving people grief trying to buy AMC stock. E-trade kept out of the anti-retail wars happening last week, but it seems their masters called in.
And there was a rumor this was all coordinated by the White House.
These brokerages and the White House should have been have received subpoenas by congress if we had a functioning republic, but it’s just another show that we are not a nation of laws, we are a nation of the political and corporate class that hates the “peasants”.
How long can things last like this before the people realize they have the power to do anything?