Robinhood preventing people from buying certain stocks seems like blatant market manipulation, no??

I guess I don’t get what the game plan is? They’re going to play whack a mole with every emerging meme stock? How’s that okay???

This situation feels like when people gained the ability to self-publish online and all the old gatekeepers freaked out and the platforms couldn't handle what they've started. Robinhood needs to explain what the "rules" are on their platform and apply a consistent standard.

Are they going to re-list certain stock once a certain threshold is met? Why can you still sell your stock when you're not allowed to buy more? What "triggers" are there for them to unlist stocks? They need to be able to articulate all of these.

Looking at what's happening today and it seems to me that Robinhood also didn't think this through! And it seems like, according to them, the stock market isn't meant to scale in the way they've been enabling so far! https://twitter.com/alplicable/status/1354269688327327744

Most people in my daily life are just focused on the current GME hype. The more interesting part for me is the discovery of a new dynamic & the ability of a mass of loosely organized people to move the market. That's not about to go away. And the platforms seem unprepared for it.