News for hackers. Stuff that matters.
Re:Robinhood reports 43% revenue decline by chii on Saturday April 30, 2022 @09:33AM (#31215960)
it might have made robinhood look better to uninformed retail traders if they disabled both the sell button as well as the buy button.
Re:Robinhood reports 43% revenue decline by freemint on Saturday April 30, 2022 @04:42PM (#31219133)
No it wouldn't have. People who knew they could sell in theory and couldn't in practice would complain to and maybe sue for damages (justified or not) the correct option would have been to let users "lend" robinhood the money for 2 days to process the transaction and have this be explained in the interface.
Re:Robinhood reports 43% revenue decline by Denvercoder9 on Saturday April 30, 2022 @05:41PM (#31219653)
> the correct option would have been to let users "lend" robinhood the money for 2 days to process the transaction and have this be explained in the interface

As explained elsewhere in this thread, regulations don't allow this.