4 ms·
Of course it applies here. The problem with Facebook doing this is that it diminishes their brand, product and trust users have in the platform. Re: Robinhood,
by oliverx0 6y ago
Of course it applies here. The problem with Facebook doing this is that it diminishes their brand, product and trust users have in the platform.
Re: Robinhood, it is a completely different story. What Robinhood did in this case is market manipulation. They only allowed people to sell the stock and not to buy it. That is (I think) illegal.
- caseysoftware 6y agoIf so, it requires someone to take action against them. Since the CEO of the Nasdaq suggested a trading halt to let hedge funds "recalibrate"[0] it's going to take State AGs or similar to take action. 0 - https://www.msn.com/en-us/money/topstocks/nasdaq-ceo-suggests-halt-to-trading-to-allow-big-investors-to-e2-80-98recalibrate-their-positions-e2-80-99-to-combat-reddit-users/ar-BB1d9gUA https://www.msn.com/en-us/money/topstocks/nasdaq-ceo-suggest...
- jb775 6y agoThe CEO of Nasdaq is owned by those hedge funds. Just like Janet Yellen is owned by them[1]. Halting trading would cause the price to plummet, and the Hedge funds would save billions. THIS is why they're calling for a trading halt. https://dailycaller.com/2021/01/28/janet-yellen-gamestop-citadel/ https://dailycaller.com/2021/01/28/janet-yellen-gamestop-cit...