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Communism is when you can only buy one share of a stock (lemm.ee)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 day ago (1 children)

I'm not entirely sure about that. Those people could always just buy GameStop from somewhere that's not robinhood. this mightve been something that they were financially forced to do, bc this trade limiting just seems like something that would lose them money

[–] [email protected] 4 points 12 hours ago

I'm not entirely sure about your take. If we say that this is fine and allowable, then you give a few large firms a huge lever to control the market with. If robinhood can limit investment to a specific stock, so could everyone, and at that point you allow them to decide the market through collusion, because you wouldn't need too many places to get on board to seal a companies fate.