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"survive the large downturn in users the platform will experience after their actions this week" Haven't they been number one in the app store all week: https:
by the_economist 6y ago
"survive the large downturn in users the platform will experience after their actions this week"
Haven't they been number one in the app store all week: https://www.appannie.com/en/apps/ios/top/ https://www.appannie.com/en/apps/ios/top/
- laurent92 6y agoThose who made it #1 are the ones who want to create an account to participate to bankrupt a hedge fund. I say their next move can be revenge on Robinhood for, at the very least, entertaining the misunderstanding with their customers (="They sold my stock without an order from me" when they were effectively on margin and halfway legit).
- 015a 6y agoThe downturn hasn't happened yet. There's significant stickiness to getting money out of robinhood; they let you trade instantly using margin, but they don't let you withdraw it until its all settled, and settlements take 2 days after exiting your last trade. Even many of the WSB fanatics who hate RH are stuck with them, because even transferring securities in-kind to a new brokerage is often accompanied by a week or more of a freeze on liquidation.