3 ms·
I keep hearing this argument, but Robinhood's actions will directly cause those people to lose money. By only allowing to sell the stock, most people will hop o
by theturtletalks 6y ago
I keep hearing this argument, but Robinhood's actions will directly cause those people to lose money. By only allowing to sell the stock, most people will hop out or hedge which will tank the price. If they let it play out, then they can blame the market for the outcome.
- dillondoyle 6y agoi wish i could triple up vote this. This morning it seemed to be mostly rising (I saw up to like $470 when I was selling) right until I saw tweets about the blocking of buying and it tanked.
- theturtletalks 6y agoAnd the same people Robinhood was trying to "save from themselves" weren't able to buy the dips, but the hedge funds could recoup the losses from the shorts in that time frame.