Quote (Sixers @ Jan 28 2021 11:03am)
Eh, well that's the game they signed up for.
I mean... we knew some sort of action was going to come eventually.
Robinhood is working on an IPO and wants to have good relations with these hedge funds who will either build up its stock or destroy it when it goes public. Right now they don’t care about legality.
People are irate that Robinhood stopped allowing trades on those names. If they wanted to IPO, those are the people they should be trying to appease.
See Chamath: dude is creating a SPAC, yolo'd 100k which is peanuts to him in GME to 500k and donated it all to charity, now he's WSB's heros. Those retards will probably all in that too.
That's how the real sharks do it.
Robinhood sells your data to Citadel to front run, they are owned by them basically.
And Citadel is the firm that gave Melvin a stake when they blew up last week.
This post was edited by SwallowEmbiigLoads on Jan 28 2021 10:08am