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They get a free pass from me. They behaved as expected (thus predictably), and saved their company. There has to be a feedback loop that limits Robinhood's (a
by 762236 6y ago
They get a free pass from me. They behaved as expected (thus predictably), and saved their company. There has to be a feedback loop that limits Robinhood's (and any company's) abilities to handle meme trades. I didn't need any explanation from the CEO, because what was happening was obvious to me (and I know nothing about finance --- only that money isn't free and that there has to be a feedback loop).
- op00to 6y agoWhat is a meme trade? How do you know?