• About
  • Contact
  • Give
Newsletter
NOQ Report - Conservative Christian News, Opinions, and Quotes
Wednesday, May 18, 2022
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts
No Result
View All Result
NOQ Report - Conservative Christian News, Opinions, and Quotes
No Result
View All Result

Robinhood forcibly selling shares of GameStop without users’ consent

If this isn't illegal, then something is very wrong with the system.

by CQ Livingston
January 28, 2021
in News
Robinhood forcibly selling shares of GameStop without users' consent
TOP Prepare Now

Reports are coming in that Robinhood, the stock broker app, is forcibly selling shares of GameStop on behalf of some of its users. The transactions cannot be canceled and it is being positioned as mitigating “unreasonable risk” on behalf of the company as well as the investor.

Billionaire hedge funds have been taking a huge hit after a Reddit group started buying up GameStop shares in an effort to counter a massive amount of short positions. This prompted a “short squeeze” that sent the stock skyrocketing. As the dominos fell, GameStop reached a high of over $400 dollars per share, more than 10,000% higher than its low point earlier this year.

Now, it appears Robinhood and other brokers are cutting the losses of the billionaires by limiting the gains of small investors.

Robinhood

Robinhood selling peoples' shares without permission. These people are sick! pic.twitter.com/XQ8AKtrbxO

— sleepy (@FilipJackson) January 28, 2021

In case you aren't following the Reddit/WallstreetBets/$GME stock market madness, @RobinhoodApp is now selling off many Redditors' shares *whether they want to sell them or not.* https://t.co/80epBFI2Ov

— Max Burns (@themaxburns) January 28, 2021

This move to protect big investors was predictable and the stock prices are now plummeting. At the time of this article, the stock had lost $180 per share in a matter of hours. The blatantly unfair and potentially illegal move by Robinhood and others prompted a rare moment of agreement between conservative Senator Ted Cruz and progressive Congresswoman Alexandria Ocasio-Cortez.

Prepper Organics 1

Fully agree. 👇 https://t.co/rW38zfLYGh

— Ted Cruz (@tedcruz) January 28, 2021

Robinhood now faces multiple class-action lawsuits as it was the preferred method through which Reddit users launched this barrage against Wall Street.

Robinhood is now targeted by multiple class action lawsuits.

The company is being accused of 'stealing from the poor to give more to the rich.'https://t.co/0KYEeAkKgp

— Kyle Becker (@kylenabecker) January 28, 2021

Fortunes made overnight are being lost even faster. Robinhood and others are protecting hedge funds facing an embarrassing defeat at the hands of the “little guys.” Wall Street is rigged as badly as the 2020 election.



COVID-19 lockdowns are taking down an independent news outlet

Nobody said running a media site would be easy. We could use some help keeping this site afloat.

Colleagues have called me the worst fundraiser ever. My skills are squarely rooted on the journalistic side of running a news outlet. Paying the bills has never been my forte, but we’ve survived. We have ads on the site that help, but since the site’s inception this has been a labor of love that otherwise doesn’t bring in the level of revenue necessary to justify it.

When I left a nice, corporate career in 2017, I did so knowing I wouldn’t make nearly as much money. But what we do at NOQ Report to deliver the truth and fight the progressive mainstream media narrative that has plagued this nation is too important for me to sacrifice it for the sake of wealth. We know we’ll never make a ton of money this way, and we’re okay with that.

Things have become harder with the coronavirus lockdowns. Both ad money and donations that have kept us afloat for a while have dropped dramatically. We thought we could weather the storm, but the resurgence of lockdowns that mainstream media and Democrats are pushing has put our prospects in jeopardy. In short, we are now in desperate need of financial assistance.

The best way NOQ Report readers can help is to donate. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal as well. We need approximately $17,300 to stay afloat through March when we hope the economy will be more open, but more would be wonderful and any amount that brings us closer to our goal is greatly appreciated.

The second way to help is to become a partner. We’ve strongly considered seeking angel investors in the past but because we were paying the bills, it didn’t seem necessary. Now, we’re struggling to pay the bills. This shouldn’t be the case as our traffic the last year has been going up dramatically. June, 2018, we had 11,678 visitors. A year later in June, 2019, we were up to 116,194. In June, 2020, we had 614,192. In November, 2020, we hit 1.2 million visitors.

We’re heading in the right direction and we believe we’re ready talk to patriotic investors who want to not only “get in on the action” but more importantly who want to help America hear the truth. Interested investors should contact me directly with the contact button above.

As the world spirals towards radical progressivism, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report going.




American Conservative Movement

Join fellow patriots as we form a grassroots movement to advance the cause of conservatism. The coronavirus crisis has prompted many, even some conservatives, to promote authoritarianism. It’s understandable to some extent now, but it must not be allowed to embed itself in American life. We currently have 11,000+ patriots with us in a very short time. If you are interested, please join us to receive updates.

[yikes-mailchimp form=”1″]



TOP Z-Stack



They’re Trying to Shut Us Down

Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.

For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We just launched a GiveSendGo page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.

Thank you and God bless!

JD Rucker

Tags: Alexandria Ocasio-CortezAOCFeaturedGameStopRedditRobinhoodTed CruzTop StoryWall Street

Bypass Big Tech Censors



My Show

The Midnight Sentinel

Our Sponsors

MyPillow Promo Code NOQ

MyPatriotSupply
Z-Stack Life
Our Gold Guy

Shows

The Pandemic Treaty's REAL Threat

Kathy Barnette Can Win in November

Falling on the Sword for Dr. Mehmet Oz
Is Trump Losing Touch With His Base?

The Israel Vaxx Study

Bypass Big Tech Censors


RSS The Federalist

  • Tax Documents Further Expose Black Lives Matter Organization As Racist Multimillion-Dollar Grifter Project
  • Biden’s Acting NIH Director Refuses To Condemn Chemically Castrating Kids Despite Irreversible Damage
  • Spending Mindlessly On Ukraine Is A Threat To U.S. National Security
  • Tucker Carlson’s Solemn Call For Racial Unity Puts Race-Baiting Left To Shame After Buffalo Shooting
  • Justice Clarence Thomas: The Left’s Scorched-Earth Tactics Could Destroy American Institutions Like The Supreme Court

RSS The Blaze

  • Rep. Cawthorn concedes in North Carolina congressional GOP primary; Fetterman wins Democratic U.S. Senate primary in Pennsylvania, but GOP results not yet clear
  • Former NYC Mayor Bill de Blasio reportedly has his sights set on a bid for US Congress
  • Brian Broome says he thinks 'conservatives couldn't care less about whether or not mothers of color terminate pregnancies'
  • Squires: The Buffalo shooting was motivated by race hatred — and the media response is motivated by outrage inequity
  • Chuck Todd says Republicans are using the First Amendment to 'appease the white supremacist movement'

RSS PJ Media

  • The Morning Briefing: Gen. Michael Flynn Punches Back at His Government Tormentors
  • The Media's Big Lie About the 'Great Replacement Theory' and Conservatism
  • Pumping Up Prices
  • PA GOP Senate Primary Too Close to Call With 'Tens of Thousands' of Mail-in Ballots Still Outstanding
  • Embattled Rep. Madison Cawthorn Defeated in N.C. Primary

RSS National File

  • Dr. Oz Builds Small Lead Over David McCormick in Race That is Too Close to Call
  • John Fetterman Wins PA’s Democratic Senate Primary
  • Doug Mastriano Wins PA’s GOP Gubernatorial Primary
  • ‘Commie as F***’: Twitter Engineer Brags About Censoring the Right
  • Deceptive Ad Accuses Kathy Barnette of Supporting BLM

RSS Townhall

  • Mass Shootings – A Dark Mirror to a Broken Culture
  • Liberate DC Children From Government Schools
  • America's Next Wars: Lose One, Hold One?
  • Iran Affirms Death Sentence for Swedish Scholar, but Inconsistent Responses Persist
  • The Media's Big Lie About the 'Great Replacement Theory' and Conservatism

RSS RedState

  • Biden Lied About Mass Shooting in Dallas, Falsely Attributing It to 'White Supremacy'
  • SHOCK: Madison Cawthorn Loses Primary Race in North Carolina
  • BREAKING: Trump-Backed Ted Budd Wins Big in NC Republican Senate Primary
  • Why Is Everyone Freaking out About Kathy Barnette?
  • You Might Be the 'Extremist Party' If...
  • About
  • Contact
  • Give

© 2021 NOQ Report

No Result
View All Result
  • Home
    • About
    • Give
  • News
  • Opinions
  • Quotes
  • Around the Web
  • Videos
  • Podcasts

© 2021 NOQ Report

>