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How does allowing trades tank their business? That is their business.
by TheHypnotist 6y ago
How does allowing trades tank their business? That is their business.
- metalliqaz 6y agoThousands of new accounts buying one stock for free (while it's at the top) and then disappearing after it tanks is not going to help them. Is this not obvious?
- alex_c 6y agoThen block new accounts for a day or two until this blows over, not specific stocks. Why would anyone use a trading platform that now has a history of picking and choosing what trades you are allowed to make?
- TheHypnotist 6y agoYeah i'm sure they hate the traffic and the increased user base. Get real.
- koolba 6y agoThat shouldn’t change anything if they require the stocks to be purchased with cash and not margin. Brokerages can, and do all the time, set specific margin requirements for volatile securities. There’s no reason they can’t do that here as well. (unless they literally can’t because their tech stack doesn’t support it which would be pretty funny)
- deleted 6y ago[deleted]
- zwily 6y agoRobinhood doesn’t let you choose your free stock, they give you one randomly.
- deleted 6y ago[deleted]