Robinhood denies claims that it sold GameStop shares out from under its traders

Re:Robinhood denies claims that it sold GameStop shares out ... by Alupis on Friday January 29, 2021 @05:14PM (#25963414)

I'm not aware of any other institution that allows to to take on debt by accident.

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Re:Robinhood denies claims that it sold GameStop shares out ... by Tenoke on Friday January 29, 2021 @05:19PM (#25963461)

You've never heard of a reversed PayPal or bank transaction that leaves users with a negative balance?

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Re:Robinhood denies claims that it sold GameStop shares out ... by kortilla on Friday January 29, 2021 @05:31PM (#25963620)

Banks (overdraft)

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Re:Robinhood denies claims that it sold GameStop shares out ... by Igelau on Friday January 29, 2021 @09:17PM (#25965353)

Also, not having enough money in the bank, getting charged by the bank to hold on to what little you have, eventually getting charged into negative dollars.

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Re:Robinhood denies claims that it sold GameStop shares out ... by Alupis on Friday January 29, 2021 @05:48PM (#25963816)

All banks offer overdraft protection when you open your account, and they clearly explain what it would mean for your account to go negative.

Definitely not a good comparison.

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Re:Robinhood denies claims that it sold GameStop shares out ... by Tenoke on Friday January 29, 2021 @06:33PM (#25964274)

RH also explains it. Some people don't bother paying attention to that in both cases.

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Re:Robinhood denies claims that it sold GameStop shares out ... by sildur on Saturday January 30, 2021 @01:39AM (#25966828)

ING does too. I've been bitten by that.

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