Cousins!

Social media users are currently calling out the popular free stock-trading app of Robinhood after the platform put a direct stop on the purchasing of major profitable profiles such as Game Stop and AMC Entertainment Holdings!

Yo this is a fucking CRIME what @RobinhoodApp is doing DO NOT SELL!!! HOLD THE LINE… WTF 🤬

— Ja Rule (@jarule) January 28, 2021

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Here’s what we know; Robinhood decided to take action and stop all buying and trading of specified stocks after a group of Reddit users deriving from Wall Street Bets attempted to mix things up drastically and drove up the stock prices for a couple of companies.

the f#ck boyz ain't letting up. Every stock that was steadily going up, is now being shorted. Not a free market and damn sure not a fair one. MOFOS like Fidelity, TD Ameritrade and Robinhood are purposely crashing their systems so that you can not save your F#cking skin.

— IRON🎲 (@LowlifeTrader) January 28, 2021

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Basically meaning that a few amateurs created their very own algorithm in the stock world mainly Wall Street and created a major frenzy. Robinhood is usually praised for allowing the purchasing of stocks without fees which is a easy way to allow prices to go way up.

I hit the 1 star rating so many times on Robinhood on the App Store I think I just broke my thumb

— Hank (@DeionHD) January 28, 2021

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However the app has now set a directive to block the purchasing and trading of those highlighted stocks recently under the guidelines of “recent volatility,” noting that users can close out their position but cannot buy more stock reports Buzz Feed.

Unfortunately what’s happening with the stocks is further proof that you can’t beat the master using the master’s tools. Capitalism is capitalism and it’s gonna do what it does and in order for it to sustain itself there has to be a poor and working class and greed.

— Deja L. Jones, M.Ed (@DejaLJones) January 28, 2021

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“We continuously monitor the markets and make changes where necessary. In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOM. we also raised margin requirements for certain securities,” read a statement from the app.