Quote:
Originally Posted by premier3is
This has got to be the dumbest post I've seen today.
If you think what the brokers did today was legal to stop the purchasing of stocks with your OWN money, you're licking billionaire asses for sure.
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Coordinated trading to manipulate the price of stocks is price manipulation.
If you think being a cog in a large wheel is what protects you - that may be true, but brokerages don't have that luxury, and if this continues I expect every single brokerage to block these manipulating trades. How exactly they will decide what's a manipulating trade is a hard problem and I don't envy their position, but in the short term blocking everyone works.