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they are the ones trying to pop the bubble. Stop pretending like RH is trying to protect retail, only institutions are benefiting from this.
by bagacrap 6y ago
they are the ones trying to pop the bubble. Stop pretending like RH is trying to protect retail, only institutions are benefiting from this.
- lovehashbrowns 6y agoBubbles pop all the time, and retail investors get fucked hard each time. Remember the housing bubble in 2008? How many people got foreclosed on? Did they have a Robinhood app to protect them? Absolutely not. Melvin Capital owns billions of dollars, it's not allowed to get fucked hard. Robinhood users, on the other hand, have access to a couple million at most. That's poor people levels of money. There are no golden parachutes for poor people.