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Robinhood is done as trading company. After this fiasco, who in their right mind can trust Robinhood for financial future. The cofounder stated in every inter
by cccc4all 6y ago
Robinhood is done as trading company. After this fiasco, who in their right mind can trust Robinhood for financial future.
The cofounder stated in every interview that it was not a liquidity issue. The actual company stated reasons are still very cagey and ambiguous.
There are all these third parties coming out with shill articles, trying to excuse Robinhood. This is classic propaganda PR campaign.
Robinhood can’t explicitly state what they did for specific reason, because everyone can analyze whether it’s true or not. What is being attempted is to run third party propaganda PR campaign to excuse Robinhood.
Has Robinhood explicitly stated the exact reasons for shutting down buying but allowing selling stocks? If not then why not? Unless Robinhood comes out with detailed legal and business justifications, all these shill excuses are just vapor.
- MrMan 6y agoRobin Hood in my opinion is constrained by their previous marketing. There message to prospective users is at odds with reality. At some point this had to catch up with them. Stop worrying about this one crappy broker.