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Re: BullNBear52 post# 58728

Saturday, 01/30/2021 3:05:09 PM

Saturday, January 30, 2021 3:05:09 PM

Post# of 112879
Or both.

I just read the list of 50 stocks that Robinhood has limited. I'll be surprised if they even exist at the end of the week!

Robinhood (RBNHD) currently has an expanded list of 50 equities where buying shares and options contracts is limited (see full list below with recent performance). On the list, 35 are limited to one whole share (no fractional trading in these stocks) and 15 are limited to five.

And the limit isn’t per order or per day. If you already hold 1 share or contract of any of those 35, you can’t add any more, effectively taking them out of the trading pool for a huge number of Robinhood users.

As the company explains (italics Robinhood’s), “these are aggregate limits for each security and not per-order limits, and include shares and options contracts that you already hold.”

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