Re:Robinhood is said to draw on bank credit lines amid tumult
by cma on Thursday January 28, 2021 @10:42PM
(#25953573)
But if Robinhood has some preexisting deal where they have to loan out X% of long shares to shorters, why should they have to take on the risk of defunct shorters if it is within their rights to just stop allowing trades in the symbol, without any goal of overall price manipulation?
Most of these people aren't holding any stocks. They're buying derivatives, so they technically have no stocks to dump. They will likely bet like crazy on the downward part too.