General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Debany Doombringer
TheQuartering
comments
Comments by "Debany Doombringer" (@debanydoombringer1385) on "RobinHood App DESTROYED In Hours! 100,000 Negative Reviews REMOVED By Google \u0026 Class Action Lawsuit" video.
Robin hood is selling people's stock without their permission. Below market value at that.
13
I've been thinking the last couple of days "Is this the unity you meant Joe?".
3
Yes some of the Founding Fathers owned slaves. How is this new information?
2
So hedge funds short sold 140% of Gamestop's stock. Jeremy explains what that is in the video. A subreddit caught wind of it and purchased the stock driving the price up. Others found out and joined in driving the price from a low of $4 to a high this morning of around $450. The hedge funds HAVE to buy the stock back because it's just a loan. People are refusing to sell their stock to keep the price up. Companies, like RobinHood, made it to where individuals that had bought GME through them couldn't buy more and could only sell in an attempt to scare people to sell to drive the price back down. When that didn't work, other hedge funds sold their shares back and forth to drive the price down artificially. Then RobinHood sold individuals GME stocks without their permission at the lowest price to keep the big hedge fund Melvin from losing as bad as they would have. I do not believe they managed to get enough stocks to cover all of their short. Edit to add: There were millionaires made from this and many normal people made money.
2
The employees would have been hurt more once these hedge funds ground their stock to zero to turn a quick buck.
1
I don't think there was insider trading, but the rest yes.
1
Because "it's a big club and you ain't in it" Carlin. It will be cheaper for them to pay the lawsuits. That's why.
1
Join the lawsuit if you tried to purchase GME or any of the others. And when their stock drops, short them muhaha
1
It was at around $450 at opening this morning. I hope some got theirs then.
1
I can confirm
1
Yes. They make money when the stock goes down. If I get a loan for $1000 Canadian dollars and the exchange rate is 1:1, I have $1,000 US dollars. The exchange rate changes and now Canadian money is worth .50 to each US dollar. I can exchange my money back into Canadian and I just turned my $1000 Canadian money into $2000 Canadian money. Now I pay back my $1000 loan to the Canadian bank and pocket the other $1000.
1