I believe GME was supposed to bankrupt the hedge funds on Friday. Suicide weekend, and military taking over today.
Robinhood and all of the retail investor apps were not supposed to stop trading. That wasn't part of the plan since it would have been extremely illegal to stop trades on specific stocks. They knew this was bigger and a catalyst for allowing Q military to take control, and so those risks outweighed stopping Q.
Q now has to approach this through some other means now, but I can't see how they do anything soon (like within the year).
They should know. NCSWIC. They won this battle, but not the war.
Hedgies are still in big trouble as of this morning
Yep, even if gamestop stays at 200/share, I gotta think they will be hurting. Hats off to all those guys holding the line on that stock, they truly are heroes.
I don't know if the silver thing is going have the effect we are all hoping it will but the run on it has been absolutely massive. I think we may find out just how undervalued it's been for all these years.