TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Robinhood closing user positions in $GME against their will

62 pointsby lunchbreakover 4 years ago

3 comments

erentzover 4 years ago
I don’t know how well validated this is, I’ve only seen the same screenshot multiple times, no others. While if there is a margin call RH would have the right to sell down positions to meet the call, in this case it’s not clear if that’s the reason. It would also be problematic because they and many other brokers first manipulated the market by preventing purchases or the stock, causing it to tank, leading to them selling at a price below what it otherwise would have been.
评论 #25948905 未加载
guerrillaover 4 years ago
Is this really legal? This is the fourth report of such a thing I've heard.
评论 #25948866 未加载
评论 #25948654 未加载
评论 #25947576 未加载
aneemzicover 4 years ago
I don't think you understand what closing a position means.