{"id":179480,"date":"2021-01-28T16:52:15","date_gmt":"2021-01-28T16:52:15","guid":{"rendered":"https:\/\/gamerant.com\/robinhood-gamestop-amc-delisting-review-bombing\/"},"modified":"2021-01-28T16:52:15","modified_gmt":"2021-01-28T16:52:15","slug":"robinhood-delists-gamestop-and-amc-gets-review-bombed","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/01\/28\/robinhood-delists-gamestop-and-amc-gets-review-bombed\/","title":{"rendered":"Robinhood Delists GameStop and AMC, Gets Review Bombed"},"content":{"rendered":"

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While most gaming fans have grown used to the contemporary forms of gaming community drama, like Twitch feuds and\u00a0inefficient\u00a0deodorant\u00a0usage, it seems that 2021 is bringing many new things to the table. Most recently, a sudden attempt at “short squeezing” tied to GameStop<\/a>, and led by an entire subreddit.<\/p>\n

For those still unfamiliar, GameStop has been the hub of much controversy in the past several weeks<\/a>. Thankfully for the company though,\u00a0the controversy has little to do with anything it has done; rather, and simply put, clever amateur investors have flipped the table on a good number of people by instigating a rise in GameStop’s stock prices.<\/p>\n

RELATED: AOC Weighs In on GameStop Stock Situation<\/a><\/strong><\/span><\/p>\n

This effort was effectively organized and led by a Reddit subforum known as r\/WallStreetBets<\/a>, and led to similar events with a number of other similarly “shorted” companies, like AMC. Stock prices have been skyrocketing out of control for some days now, and it seems the investing and stock-trading app Robinhood has effectively decided to pick sides. The company has placed restrictions on stocks, including GameStop and AMC, citing “a volatile market” as the primary concern. Practically speaking, though, it means\u00a0it’s trying to help investors save some skin.<\/p>\n

As pointed out in the tweet below, Robinhood was bombarded with negative reviews immediately upon\u00a0delisting GameStop, AMC, and others. Needless to say, the\u00a0investors who theoretically\u00a0triggered the short squeeze are upset that Robinhood would want to protect the investors shorting the stock<\/a>. While both actions are generally considered unfavorable, hedge funds generally tend to short stocks without a worry, relatively speaking. Bluntly, people are upset that Robinhood is suddenly so quick to act when “the little guy” finally gets a break.\u00a0Many have taken to pointing out the irony of the fact that\u00a0Robin Hood is supposed to be the voice of the people anyways,\u00a0not\u00a0a\u00a0champion of royalty.<\/p>\n