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Strategies & Market Trends : (Buying) Options
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To: petal who wrote (28)2/18/2021 11:53:20 PM
From: FIFO_kid21 Recommendation

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MulhollandDrive

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Robinhood and the recent push towards zero commission brokers is now making their money from selling trading information so their customers can front run trades. They can do it because of Citadel's ability to subpenny stocks priced over $1. An individual can only subpenny stocks priced under $1 and some trading platforms even don't allow for that.

As far as I am concerned it is fraud but that is how the entire system works.

As for GME no stock should ever be on the reg sho list because it is counterfeiting the shares outstanding. The company affected and long holder should have the ablity to sue to recover any financial damages.

Unfortunately, given the immunity of the SEC they have not cared about this issue for quite some time as similar instances have been raised in the past (i.e OSTK) and this session by congress is just another acting exercise to show an appearance of justice.
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