This morning, almost every major brokerage halted trading on the most volatile stocks, including GameStop, BlackBerry, Bed Bath & Beyond, Nokia, and AMC Theaters.
We’re in a situation where major trading platforms are blocking retail investors – us – from placing trades, while allowing hedge funds and institutional investors to drive prices.
That is not a free market.
When you don’t let people buy, and you don’t let people sell, you’re locking people out of the game entirely.
Yesterday, I was worried that grandma and grandpa would make the wrong investment choices and irrationally bet their life savings away. Now, they’re prohibited from making any choice. 🤯
We deserve the right to make our own trading decisions.