Re:Robinhood denies claims that it sold GameStop shares out ...
by Dylan16807 on Friday January 29, 2021 @05:44PM
(#25963781)
> RH deliberately did not do a good job of A) Putting limits on newbies (like no margin!) so they do not get themselves into trouble
But someone who has initiated a money transfer and then used that pending money to buy stock, technically on margin, is not getting themselves into margin-related trouble. There is no good reason for there to be limits here.
But someone who has initiated a money transfer and then used that pending money to buy stock, technically on margin, is not getting themselves into margin-related trouble. There is no good reason for there to be limits here.