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A comment on Robinhood is limiting purchases of stocks: AMC, Blackberry, Nokia, and GameStop. Parent comment

Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by hintymad on Thursday January 28, 2021 @12:40PM (#25945450)
So as a platform Robinhood wants to make money from trading options, but it will shut down the platform when it sees too much risk for itself? If so, would this damage the trust to Robinhood?
[ Parent | on HN ]
Re:Robinhood is limiting purchases of stocks: AMC, Blackberr... by BoorishBears on Thursday January 28, 2021 @12:49PM (#25945624)
Yes but

a) most of the platforms are doing the same

b) it's hard to imagine that with half of RH currently holding GME they're not going to come out of this having gained more in users than they lose over trust issues

[ Parent | on HN ]