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by imagica 1967 days ago
They could add lots of disclaimers and dozens of I agree and I know what I am doing checkboxes but not allowing to buy certain stocks but only to sell them is like a partially blocked intersection with the only open road leading to a ravine. Not cool RH, not cool. It's really an insult to the legend of Robin Hood, he was robbing the rich and giving to the poor not the other way around.
1 comments

Would you have preferred that if they were unable to take new buy orders, that they also prevented people who already owned from having the ability to sell it? While everyone else "sold ahead of them" and the users lost money "because Robinhood wouldn't let me sell"?

Robinhood may be able to control what happens on their own platform (typically heavily based on regulation), but that doesn't mean they can stop buy/sell activity on the whole market.