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by dragontamer 1135 days ago
> Is it possible that you lost money following WSB

Nope. Try again.

> The price targets of $1000 for GME would have been met should they not have disabled the buy button

I do pity you that you're so deep in the conspiracy theories that you can't see reality.

GME stopped going up because the short squeeze ended. WSB mods needed to keep the story going so they sold you another lie.

Robinhood literally ran out of money trying to support the insane GME upswing and y'all turn it into a conspiracy theory about buy buttons being disabled.

Do you know what T+2 settlement is? That means Robinhood (or the various middlemen Robinhood uses) needs to hold your money (and stock) for 2-days before the transaction is actually settled. The WSB members were buying so hard that Robinhood (and their middlemen) literally ran out of cash and couldn't buy more stock.

Sure, it was fixed a day later when trades settled and cash opened up again. But this is how WSB takes a normal event and turns it into a conspiracy theory.

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But sure, whatever. You can keep believing the conspiracy theories/lies. Meanwhile, there's ya know, Congressional investigations into this, and questions about what regulations need to change here that have the answers.

But people prefer to trust lies on Reddit over the investigations these days, amirite?

1 comments

Sorry, no this is factually incorrect, I have already linked you to an article detailing why the momentum stopped. For what ever reason, the ability to buy was stopped on many more brokers than just Robinhood. In the UK, we also had Trading212 turn off the buy button. That is not up for debate, that is historical record.

You're the one currently engaging in conspiracy theories, I hope you see the irony in that.

I have a buy order on my brokerage account for GME that went through.

Explain that. I purchased GME literally during when WSB was filling conspiracy theories about not being able to buy the stock.

So I know the truth here. I literally bought the stock to prove my coworker wrong on that day.

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Lemme ask you again. Do YOU know what T+2 settlement is? This is the law of the USA. It has implications for the trading of US stocks like GME.

> You're the one currently engaging in conspiracy theories, I hope you see the irony in that.

You're commenting on an article about how WSB moderators literally executed a rug pull and pump-and-dumped a Cryptocoin.

The evidence is pretty clear. The question is if you're willing to see it.