Robinhood Got Additional $2.4 Billion Bailout Over The Weekend; IPO Plans "On Hold"

Discussion in 'Wall St. News' started by Daal, Feb 1, 2021.

  1. Turveyd

    Turveyd

    Robinhood, just a way for retail to buy stocks cheap and push the market to new highs before they drop it and totally wipe them all out, why it's being protected for the short term ?? to scoop up all the Retail money later ??
     
    #11     Feb 1, 2021
  2. jeb9999

    jeb9999

    Robinhood's big problem is that they went to self clearing too soon (October 2018) without enough capital to clear large volumes of volatile stocks. Saving pennies only to lose millions.

    Promoting stock trading as playing a video game only made matters worse.
     
    #12     Feb 1, 2021
    Butterfly likes this.
  3. Overnight

    Overnight

    Don't most stock brokers do that very same thing? No commish? Aside from that, what does RH have that no other broker has? A downloadable app?

    OMG, smartphones, the ruin of humanity.

    Hey, all you old guys on the forum! Remember when the world was real? For Fuck's sake!

     
    #13     Feb 1, 2021