This depends heavily on how fast the other platforms take in the new users. Most of the Zoomer crowd will likely shift to other zoomer broker apps like Cashapp and Webull or smth.
https://robinhood.com/us/en/support/articles/changes-due-to-recent-market-volatility/
So the rules for RH today are that if you have equal to or more than the amount of shares in the left hand column, you will not be allowed to purchase that stonk. If you have less than that you can buy up to...
This would be in line with the conversion of Silver something or other's class A shares. Converted to 44M pleb shares at $13.50... I only read it on Marketwatch this morning I didn't think it happened instantly.
I've never ever heard of brokers refusing to trade certain stonks for the benefit of big wall street before. But I wouldn't be shocked if it happened in the past.
In desperate times, overvaluation, elitism, and greed....
Some retards with brilliant diamond hands, a sentient meme, and a relic from a bygone era brought it all down.
They drew the ire of the Discord woke leadership because the first rule of the server was "1. No Gay Shit." This was a rule because it let them ban trolls from the server for spamming gay porn. Which happened a lot as you can imagine.
Reddit the company is completely irrelevent.
I've been trying to get this across. They could smash WSB subreddit which was just a place to post lulz and it would accomplish nothing. They smashed the "official" discord only for hundreds to immediately be created after it.
There's nothing they...
The "official" WSB discord was nuked by Discord. But as I said they did nothing to stop the other 3 WSB related ones I am on. That are all experiencing rapid growth.