2 ms·
Hanlon's razor is "Never ascribe to malice that which is sufficiently explained by incompetence." The "incompetence" explanation is that RH is a baby newcomer
by joncrane 6y ago
Hanlon's razor is "Never ascribe to malice that which is sufficiently explained by incompetence."
The "incompetence" explanation is that RH is a baby newcomer as far as retail brokerages go and made a desperate move to placate NSCC and save their butts. They got in over their heads and cast about to figure out how to make it through this week.
The "malice" explanation would be a sinister cabal led by Citadel (RH's MM who pays them for order flow) pulled strings via a back room threat to make RH suspend buying of GME.
The