so why did exchanges restrict Gamestop?
 

1. GME became a pyramid scheme, where people were speculating up a stock that would end bad for those at the dump.

2. The exchanges offer free and cheap trades, because it is dark pool money, where High Frequency Trading companies front run the trades. The company that services Robinhood trades, Citadel, is known as a high-frequency trading (HFT) firm

Because it was a HUGELY false tell -

The stock market is intended to be indicative of the profitiablily of a business and i'ts viability as a long term investment..

here's the thing.... Gamestop's business (in person and online) has been DECLINING in revenue - most people DOWNLOAD their video games nowdays... or play online -based video games... They have what's referred to as a dying business model - much like Blockbuster 15 years ago...

If their business - both retail AND online - are steadily declining - to the point where they're closing stores left and right because they can't afford the overhead. Those would be things that would most definitely drive the stock DOWN - from the $17 it was at.....

Instead, some influencers (ja rule and Elon Musk - yes REALLY) decided to pump up JUST the stock aspect of Gamestop hard and fast (no actual increase in business was experienced by Gamestop) - and the hype drove demand for the stock alone up from $17 to $497 overnight - which is obviously not reflecting the actual value of the company's stock.. And it was seen as a Risk management move because any time now regulators are going to pinpoint the way in which they can identify the sudden turbulence as triggered by fraud of some sort - and I have a feeling a lot of people aren't going to get to hold on to their windfalls for very long

#ptubes .. Hedge-Funds engage in stock manipulation(including squeezing little guys) all day and nobody bats an eye , if the little guys finally start manipulating stocks themselves to squeeze the big guys... then manipulation becomes somewhat evil.
Correct would be for no side to engage in manipulation,not 'some can,some -not'

A short(funny) pic describing what exchanges just did : https://9gag.com/gag/aDdmE1O