Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by Tenoke on Thursday January 28, 2021 @09:15AM
(#25941991)
>Can someone help me understand Robinhood's POV?
This is a small part of the picture but RH lost a lot of money due to WSB advertising and exploiting the 'infinite money glitch' so it likely didn't take much convincing to act against WSB.
Though ironically it took them months to close the glitch which was their fault and a day to stop the action on WSB's picks.
This is a small part of the picture but RH lost a lot of money due to WSB advertising and exploiting the 'infinite money glitch' so it likely didn't take much convincing to act against WSB.
Though ironically it took them months to close the glitch which was their fault and a day to stop the action on WSB's picks.
https://markets.businessinsider.com/news/stocks/robinhood-fi...