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This past year saw riots all over the country in the face of rising political tensions. Now, in the first month of 2021, we're seeing an online revolt on the heels of Robinhood and other brokers restricting or outright blocking you from trading certain stocks.
For some background, GameStop, as well as other highly shorted stocks including AMC and Nokia, have been targets of a short squeeze.
GameStop was the first of a group of stocks targeted by retail investors from a subreddit called "WallStreetBets," self-described "degenerates" who banded together to "stick it" to Wall Street.
Now, about a week since the start of the GameStop short squeeze, the news of Robinhood banning some trades has ignited a firestorm.
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| January 28, 2021 | IWe've all heard the common phrase "actions speak louder than words", right?
Continue Reading… | | | | January 26, 2021 | It's no secret that airlines took a beating in 2020. Business and leisure travel dried up thanks to the COVID-19 pandemic...
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