Is this finally an end of Robinhood

Disney
backtrkn

Go to company page Disney

backtrkn
Jan 28, 2021 19 Comments

Multiple law suits, frustrated users and Investigation from Congress, will this be the end of Robinhood?#personalfinance #investments

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TOP 19 Comments
  • Stripe
    ifae85

    Go to company page Stripe

    ifae85
    Citadel reloaded its shorts in GME. In <24 hours, Robinhood prevented the entire platform from buying GME (but they can still sell). Citadel is a major investor in Robinhood.

    Does anyone see a conflict of interest here?

    Itโ€™s all public record too. So they know theyโ€™ll get caught. They just are so sure that the penalties will be cheaper than getting taken to the cleaners by a French Revolution of retail investors.
    Jan 28, 2021 8
    • Gusto
      sal mon

      Go to company page Gusto

      sal mon
      That's pretty detailed. How would you know this? Specifically that the squeeze is over and that it's citadel attempting to unwind Gamestop?

      Also what about the things people are saying about the existing short interest still being in excess of 100 percent? Not Melvin, but folks are still shorting? Still squeezable then?
      Jan 28, 2021
    • Dell
      AIT

      Go to company page Dell

      AIT
      Our friend here is just feeling a little defensive about his uncle Ken, give him a break!
      Jan 28, 2021
  • Don't forget citadel. They should be shut down.
    Jan 28, 2021 0
  • Dell
    AIT

    Go to company page Dell

    AIT
    Killing GME etc buys was clear market manipulation, look for leaks/whistleblowers over the next month

    A lot of people going to lose tendies over this
    Jan 28, 2021 1
  • Wish
    wi$h

    Go to company page Wish

    wi$h
    they conveniently have no customer service & did nothing about their error that resulted in a suicide. itโ€™s clear ethics is NOT a even close to a priority. good luck with that IPO ๐Ÿฟ
    Jan 28, 2021 0
  • The Netflix doc is gonna be ๐Ÿ”ฅ
    Jan 28, 2021 0