2 ms·
I’m certainly not denying there’s plenty of misinformation and far fetched theories floating around. I think there’s a big middle ground between “accept every h
by ditonal 6y ago
I’m certainly not denying there’s plenty of misinformation and far fetched theories floating around. I think there’s a big middle ground between “accept every half brained idea on Reddit” and “take a 300 word corporate blog post at face value.”
It is a fact that the relevant ticker symbols were hidden in Robinhood UI during the restrictions. This could simply be because the UI always hid symbols with restrictions, but that would be a strange decision in the first place (why not just always show the tickers info?) and in context is another oddity worth looking into.
My suggested middle ground is, call for investigation. Maybe there’s no smoking gun but if, for example, it was uncovered that a huge amount of institutional short covering took place during the restrictions that would be more hints that foul play occurred and justify more investigation.
In the future, if we don’t get answers , well connected players can manipulate markets by blaming opaque clearing house requirements unless more transparency is added.
My concern is that by being too dismissive of calls for investigation, we lose the political steam to at least try and get better answers that we deserve.