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Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by voteflipper on Thursday January 28, 2021 @09:07AM (#25941895)
I keep seeing this pop up everywhere; Citadel != Citadel Securities
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by kasey_junk on Thursday January 28, 2021 @09:12AM (#25941961)
You keep saying that but they are literally sub companies of the same larger conglomerate. Their CEO and founder is the same person, he is also both of their primary shareholders.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by shut_it_down on Thursday January 28, 2021 @09:10AM (#25941927)
Same group of companies, the distinction is completely irrelevant.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by voteflipper on Thursday January 28, 2021 @09:17AM (#25942019)
One’s a market maker + bank, one’s a fund. I understand it’s against the grain to hold this opinion, probably because it’s inherently not conspiratorial, but they do different things and regulated/managed entirely differently.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by piva00 on Thursday January 28, 2021 @09:51AM (#25942551)
They are still owned by the same group of people, with conflicting interests: one side supports a trading platform, the other side just bailed out a moribund fund and needs to make that money back.

What side do you think wins given the huge hole left in Citadel after propping up Melvin?

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by purerandomness on Thursday January 28, 2021 @09:52AM (#25942568)
Companies do not make decisions. People owning these companies make decisions.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by pfortuny on Thursday January 28, 2021 @09:19AM (#25942052)
Mitsubishi Electric != Mitsubishi.
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by ForHackernews on Thursday January 28, 2021 @09:22AM (#25942102)
And Alphabet != Google! /s