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Yeah, looks like they are stuck between a rock and a hard place. On one hand if they don't admit their liquidity problems, people will blame them for playing t

Yeah, looks like they are stuck between a rock and a hard place. On one hand if they don't admit their liquidity problems, people will blame them for playing the HFs game. If they do admit, well.. it's pretty much game over for them. I wouldn't say their CEO lied yesterday. More like he talked a lot without really saying anything.

015a 6y ago
On CNBC yesterday, Vlad's exact words were "No, to be clear, there is no liquidity problem" [1]. I'm willing to accept that it wasn't a total lie yesterday, and the situation has developed. I think we're past the point to where that statement would still be truthful today. [1] https://www.cnbc.com/2021/01/29/robinhood-ceo-vlad-tenev-tapping-credit-lines-proactive-to-help-lift-gamestop-trading-limits.html https://www.cnbc.com/2021/01/29/robinhood-ceo-vlad-tenev-tap...