Stock drops 371 Points (-77%) as Robinhood, Interactive Brokers, Webull, ban Stock & Options
An in depth look into Stock and options when brokers like Robinhood, Interactive Brokers, TD Ameritrade’s thinkorswim, Apex clearing house brokerages Tastyworks and Webull as well as other stock and options brokers banned retail investors from buying stocks and options in GME, AMC KOSS and other heavily shorted stocks. The question is, who was pulling the strings on multiple brokers to ban clients from buying $GME and causing panic selling as well as margin liquidations? By locking out investors, brokers took away the bid for the stock. The market makers then orchestrated a drop of 371 points, 77% with ONLY 8 million shares traded triggering multiple trading halts. It was brutal, especially, when GME stock only moved 10-30 points on similar volume on previous trading days. A full comprehensive investigation is necessary. Also investigators must take a close look at what happened to the options during that time.
