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Amnesia on 31 January 2021
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Bofferbrauer2 said:

My god Robinhood, what are you doing???

So the hedge funds want to cover their losses by shorting AMD, so they can get a double whammy: money from both the increase between the original buy and the short, and from the shorting itself.

So, what does Robinhood do to protect their big money? Limit your buys of AMD shares to exactly 1 per day. One. Share. Per. Day. OF AMD. A stock that has been Ryzen since even before Zen got released in 2017, so practically 5 years straight. And which has a HUGE fanbase on the internet.

That will go over well...

https://hothardware.com/news/amd-robinhood-gamestop-gme-shorts-wallstreetbets

Robinhood is not independent and is mostly payed by the hedge funds Citadel. 65,5% of the transactions on RH are made by Citadel.

They have just shut down their "own tool" last week because they could easily ask for it.