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The stock market has been as wild as ever with short-sellers on stocks like Gamestop have watched a group of redditors and retail stock buyers squeeze them out of their positions which has resulted in skyrocketing prices.
The same has also been done for stocks like AMC Entertainment and Nokia, which has led to some complaints on Wall Street for regulation.
Funny, right?
Well, it looks like at least one app has taken the side of Wall Street and not the ordinary folks after reports that the Robinhood app has delisted Gamestop, AMC, and Nokia, prohibiting app users from buying and selling the stock.
Dave Portnoy of Barstool Sports sounded off on Twitter this morning.
I will burn @RobinhoodApp to the ground if they shut down free market trading.
— Dave Portnoy (@stoolpresidente) January 28, 2021
$Amc $Nok $gme pic.twitter.com/1kCK9URwsL
— Dave Portnoy (@stoolpresidente) January 28, 2021
The good news for those who want to get in on the madness — though it does come at a major risk — is that the Cash App is still an easy way to get involved and will also allow you to buy percentages of shares instead of a full share.
So, be careful, but happy trading.
