This is market manipulation 101. I hope they pay for it, but I doubt any lawmaker is interested in investigating them.
Certain brokerages also have commercial relationships with the people who are in the short position.
Feels like a conflict/abuse of your power.
Canceling orders doesn’t work, market orders on non-memes are up to 20min to execute, my profile page has been a fastfail 500 for four days, but because I held some of these famous securities their “we want you be informed during these uncertain times” (please) notifications work just fine.
If you still use Robinhood it’s time to go. Get out while it’s partially working. As an SRE I’m not sure that’s going to last, and that’s even before dissecting the business model.