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IPFS News Link • Stock Market

Reddit Rebellion Routed As Brokers Help Hedgies Hammer Most-Shorted Stocks

• https://www.zerohedge.com, by Tyler Durden

But, that was not to be allowed by the powers that be.

Best day of the year for stocks as retail brokerages (most egregiously Robinhood) did all they could do to stop WSB'rs from continuing the carnage.

It was a reverse Robinhood move!

Brokerages all appeared to go offline at around the same time this morning as the upside momo was ignited, which was odd given that volume was significantly less than yesterday's at the time...

The Top 10 Most-Shorted names in the Russell 3000 dropped an average of over 30% today as retail investors were in many cases barred from trading by their brokerage firms...

And that was enough to erase all of yesterday's damage in the hedge fund baskets and unwind the gains from the soaring most-shorted stocks...


thelibertyadvisor.com/declare