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Robinhood has gotten a lot of flak recently for the power they've given inexperienced traders, but without them this wouldn't have happened. They're really livi
by Miner49er 6y ago
Robinhood has gotten a lot of flak recently for the power they've given inexperienced traders, but without them this wouldn't have happened. They're really living up to their name.
- 1996 6y agoExactly - people underestimate the wisdom (and the power) of organized crowds. Governments can be topped by crowds, which is why they try very hard to not become too unpopular. Institutional finance is just a percentage of what some people put in the market. And like governments, they may start realizing they must not do things that will make too many people angry, as the scale does not work in their favor now that new tools have made greater cooperation possible.
- rtkwe 6y agoSomeone's going to be holding the bag on this when the short squeeze ends and it won't just be Citron or the other shorts.