[VIDEO] The fallout from "short-selling", Tim Pool discusses how he intended to buy more shares of Nokia and only finds that he can only change his position and sell his Nokia shares. He may lose some money in doing so.
He uses this Robinhood app to make his investments and Robinhood is blocking some trades in light of these random short selling that drives up the prices of certain stocks. If you stop the trading or the purchase of certain stocks that probably weren't doing great in the first place all you could do is causes those shares to go down in price.
From Tim Pool, Robinhood has already cut off for example Game Stop and AMC Theatres - oh man I wouldn't mind buying some of those shares. And it seems if you listen to Timcast this is a Bernie & Trump revolution brewing i.e. the people are using their money as their virtual burning pitchforks, they're fed up.
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