Conservative firebrand Candace Owens fearlessly stepped into the fight between Robinhood and GameStop traders, comparing Robinhood halting stock traders from buying shares in the company to Big Tech shutting down social media platform Parler.
Chaos ensued this week on Wall Street as Reddit investors went on a short-sell frenzy and bankrupted billionaire hedge funds. Robinhood is being clobbered by just about everyone for their decision to halt trading for a number of companies whose stock prices skyrocketed after Reddit users bought their shares. The tech company is being accused of market manipulation and there are calls for an investigation swirling around.
Owens took to Twitter and ripped into the company, comparing Robinhood’s moves to the de-platforming of conservative social media app Parler by tech giants such as Amazon, Apple, and Google.
“The #RobinHood scandal reminds me of when millions of Americans organized to flee Facebook & Twitter for Parler—and then a bunch of crooks (Google & Apple) shut it down by pretending that the competition was illegal,” Owens voiced on Thursday. “Wall Street & Big Tech are criminal, colluding enterprises.”
(Source: Fox News)
On Friday, Google reportedly removed nearly 100,000 negative reviews against the Robinhood app after infuriated investors slammed them with complaints, according to the New York Post. GameStop and AMC shares cratered on Thursday after Robinhood and WeBull halted the “Reddit rally” as politicians criticized the blatant attempt to help Wall Street. GameStop shares fell by more than 50 percent on Thursday morning after that happened.
On Thursday, Robinhood’s Android app sported a one-star rating that was based on nearly 275,000 reviews. By noon on Friday, the number had dropped to 176,000 as Google allegedly purged the bad reviews. Suddenly, Robinhood’s rating bounced back to roughly four stars. According to the New York Post, Google did confirm to The Verge and Gizmodo that it removed some of the Robinhood reviews.
The #RobinHood scandal reminds me of when millions of Americans organized to flee Facebook & Twitter for Parler—and then a bunch of crooks (Google & Apple) shut it down by pretending that the competition was illegal.
Wall Street & Big Tech are criminal, colluding enterprises.
— Candace Owens (@RealCandaceO) January 28, 2021
Owens, who is no wallflower by any stretch of the imagination, tweeted out on Friday that those on Reddit who are trading stocks could become targets of corrupt, powerful enemies out there.
“Have they started referring to Redditors as domestic terrorists and deleting their profiles by the millions yet? That’s always my favorite part.” Owens tweeted apparently referring to Facebook and Twitter which have recently purged thousands from their platforms. Democrats, the media and Big Tech have started labeling those on the right as domestic terrorists as well. For good measure, Owens used the hashtag #Robinhood.
Have they started referring to Redditors as domestic terrorists and deleting their profiles by the millions yet?
That’s always my favorite part.#Robinhood
— Candace Owens (@RealCandaceO) January 29, 2021
“Also— have they connected this somehow to Donald Trump and white supremacy? Because the rise of white supremacy is um… definitely to blame,” she added, apparently mocking the left endlessly here because race and Trump always seem to be the go-to for the left when they are looking for someone to blame for just about anything.
Robinhood at the moment seems to be getting away with this brazen manipulation, but it is costing them customers and the whole scenario has uncovered major weaknesses in the stock market. It was okay when billionaire hedge fund owners played the game, but when little Reddit traders decided to level the playing field, the big boys suddenly changed the rules. Owens is dragging them into the light for it.
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