He basically said we did everything the government allows us to do. Robinhood isn’t the only who firm who halted trading in the meme stocks. Congress and all the other firms should also be on trial here.
The second a company laid people off to make profit goals for Wall St., we should have swarmed it like ants and dragged the CEO out like a grasshopper.
To get citadel and Robinhood to pay for their crimes and admit the truth? To get changes to the market and have SEC to stop the criminalization of other immoral investments? To stop hedge funds from being able to bet using less than 30% margin using 140% of float? Or how about to payback all the users that r stuck in Robinhood or can’t transfer out? Or pay back the investors that invested on stocks (not GME or AMC) and lost money due to market manipulation? And the biggest one: how about to stop allowing Citadel to FrontRun users trades and stop them from betting or shorting or investing into short sellers bc they own 40% of Robinhood and get paid for Payment for Order Flow which would be 1000% illegal cuz it’s called CONFLICT OF INTEREST. There you go. Reasons for this hearing.
JP Morgan pumped it you plonkahs. They can see where all the money is placed from RobinHood and Melvin Capital. They planted the idea on the WSBs Reddit too, the analysis is crazy high level, too high level for plebs like us. Then ignorant people accept the lie from the media. Wakey-wakey sheeple, no amount of independent individuals can squeeze a stock like that, but a bank with unlimited money and visibility of all players can. Problem, reaction, solution. The solution is a Blockchain DEX, which actually aids any bank to make yet more money from you in the Stock Market. That's what's actually happened and will happen going forward, it's what the media should report on, but they are not truthful or to be trusted, and we all know that, and have for years, yet here we are lapping up this nonsense. There really is no hope for the 99%
At what point was the decision made to halt buying securities? What exactly was the criteria to choose these particular securities? Why was an email not sent to all clients/customers of your decision prior to halting on Jan 28? Why was your statement following the halts on Jan 28th not reflective of liquidity problems as stated today? We don't need regulations, we need transparency.
They almost ALL sell customers order flow information to high frequency firms like Citadel. Fidelity and Vanguard some of the very few who don't. The rest are all beholden to Apex Clearinghouse, Citadel, or whoever is buying up the order flow information off the broker.
@@FinalMythology sad but true. I suppose it's how they can offer a no commission platform. I use vanguard for my larger investment portfolio. Can't say enough good about them.
@@FinalMythology vanguard charges fees on their etf's and other products offered. It's more of a long term hold platform rather then a day trading platform.
Robinhood back in may of 2020 closed out any trades on a stock (Nano) when it was going through the one up over 500% in a day and halted the trades almost instantly. This is nothing new, the company is sketchy, and I will be getting myself off the platform to webull very soon. Their prices are slightly higher than current prices so they get a cut from your trades since there is no fees. They also purchase market order trades at candle wick prices not body. So if the price is at $50 and it wicks to let's say $75. You're paying $75 per share or coin. Just keep this in mind when trading! Always use limits.
If you only allow to sell, you force the markets in your direction, down, interactive brokers are doing this exact thing to me right now with Russian stocks.
He basically said we did everything the government allows us to do. Robinhood isn’t the only who firm who halted trading in the meme stocks. Congress and all the other firms should also be on trial here.
The second a company laid people off to make profit goals for Wall St., we should have swarmed it like ants and dragged the CEO out like a grasshopper.
What’s the point of this hearing
To get citadel and Robinhood to pay for their crimes and admit the truth? To get changes to the market and have SEC to stop the criminalization of other immoral investments? To stop hedge funds from being able to bet using less than 30% margin using 140% of float?
Or how about to payback all the users that r stuck in Robinhood or can’t transfer out? Or pay back the investors that invested on stocks (not GME or AMC) and lost money due to market manipulation?
And the biggest one: how about to stop allowing Citadel to FrontRun users trades and stop them from betting or shorting or investing into short sellers bc they own 40% of Robinhood and get paid for Payment for Order Flow which would be 1000% illegal cuz it’s called CONFLICT OF INTEREST.
There you go. Reasons for this hearing.
@@HotBoii91 No, just to pretend like something is going to happen.
@@seekeroftruth45 yea I agree wit u now. 2 months now nothing. It’s all a rigged show
@@HotBoii91 Its the same in politics. Nothing will change unless there is money to be lost.
pull your money out of robinhood
They're dragging the wrong person. Put the FED in the hot seat.
Lol... Fed doesn't regulate securities or securities trading
@@IshhTheFish True, FED is only in the business of printing money for the stock market so that big banks and corporations can donate to politicians.
@@jaym9846 what's that have to do with Robinhood companies blocking of free trade ?
JP Morgan pumped it you plonkahs. They can see where all the money is placed from RobinHood and Melvin Capital. They planted the idea on the WSBs Reddit too, the analysis is crazy high level, too high level for plebs like us. Then ignorant people accept the lie from the media. Wakey-wakey sheeple, no amount of independent individuals can squeeze a stock like that, but a bank with unlimited money and visibility of all players can. Problem, reaction, solution. The solution is a Blockchain DEX, which actually aids any bank to make yet more money from you in the Stock Market. That's what's actually happened and will happen going forward, it's what the media should report on, but they are not truthful or to be trusted, and we all know that, and have for years, yet here we are lapping up this nonsense. There really is no hope for the 99%
Should made it so you can’t sell, only buy
That would have been hilarious
At what point was the decision made to halt buying securities?
What exactly was the criteria to choose these particular securities?
Why was an email not sent to all clients/customers of your decision prior to halting on Jan 28?
Why was your statement following the halts on Jan 28th not reflective of liquidity problems as stated today?
We don't need regulations, we need transparency.
Did he wear a wig today?
🤣🤣🤣🤣🤣
Switching over to E-trade. Just saw the commercial before watching this video.
nice platform. Been using it for years.
They almost ALL sell customers order flow information to high frequency firms like Citadel. Fidelity and Vanguard some of the very few who don't. The rest are all beholden to Apex Clearinghouse, Citadel, or whoever is buying up the order flow information off the broker.
@@FinalMythology sad but true. I suppose it's how they can offer a no commission platform. I use vanguard for my larger investment portfolio. Can't say enough good about them.
@@robl3415 Is Vanguard good? And I'm not sure why they have to do this when those other two don't have to.
@@FinalMythology vanguard charges fees on their etf's and other products offered. It's more of a long term hold platform rather then a day trading platform.
I transferred my funds to fidelity.
You do realize Robinhood immediately bailed out the Richest that lost the most amount of money during this chaos right? Lol
Hairhood
Can people opt out of this entire system and go to Mars?
and do what exactly on Mars?
@@alexm566 Make babies and eat poo potatoes, of course.
@@payradokz I missed the "and" when I read this first and was really confused
Robinhood back in may of 2020 closed out any trades on a stock (Nano) when it was going through the one up over 500% in a day and halted the trades almost instantly. This is nothing new, the company is sketchy, and I will be getting myself off the platform to webull very soon. Their prices are slightly higher than current prices so they get a cut from your trades since there is no fees. They also purchase market order trades at candle wick prices not body. So if the price is at $50 and it wicks to let's say $75. You're paying $75 per share or coin. Just keep this in mind when trading! Always use limits.
Why cant we have two stock markets!!!
One for top 20% and another for rest of us.
Robinhood taking peoples money
Tenev you SHADY
If you only allow to sell, you force the markets in your direction, down, interactive brokers are doing this exact thing to me right now with Russian stocks.
I miss real men who dressed out of respect for Congress. Tgey look like senior dance.
Blame their parents
Lol
Appearing before congress means using a webcam in your parents basement nowadays? What a joke.