Re:Robinhood is said to draw on bank credit lines amid tumult
by totony on Thursday January 28, 2021 @08:40PM
(#25952496)
But blocking buying on the broker with the most trades = price falls down = real loss?
[ Parent
| on HN ]
Re:Robinhood is said to draw on bank credit lines amid tumult
by treis on Thursday January 28, 2021 @10:34PM
(#25953518)
You're still going after theoretic damages. How do you prove that Robinhood stopping trading drove the price down and by how much?
Re:Robinhood is said to draw on bank credit lines amid tumult
by totony on Thursday January 28, 2021 @10:59PM
(#25953701)
It's simple economics, if you block demand but keep constant supply (in this case increase), the price will go down.
Re:Robinhood is said to draw on bank credit lines amid tumult
by treis on Friday January 29, 2021 @10:52AM
(#25958541)
Yes, that's the theory behind the theoretical loss. That's different from "I tried to sell at $200, you didn't let me, and now I can only sell for $100". In that case I am out an actual $100 that is directly tied to your actions.