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#RobinHood
Max Burns
themaxburns
One nasty side effect of @RobinhoodApp rigging the markets to block retail investors from accessing their stocks: a flood of small investors are rushing to trade with apps controlled by...China.https://www.bloomberg.com/news/articles/2020-1
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Hermann Peterscheck
petershk
For fun I made a Robinhood account. It took me 5 minutes to sign up, get approved and transfer funds for trading...Here's some details... Read on. ...it took me another
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Simon Taylor
sytaylor
Bonus Food: Gamestop. Economic Populism and how Robinhood weaponized the Occupy Wall St movementhttps://sytaylor.substack.com/p/bonus-food-gamestop-economic-populism TL;DR A group of Redditors spotted that Gamestop was* Potentially underva
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theallinpod-factcheck
TheallinpodF
Episode 19, fact check incoming: 3:32 @chamath "(RH) was insolvent. They did not have the capital requirements to post the margin that was being asked of them by their partners."
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Jesse Daugherty
jtdaugh
Surging capital requirements led to liquidity issues that led to the Robinhood $GME PR messThis doesn't mean that Robinhood is doomed. It has to do with the DTCC & rules
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Silent Cal
KralcTrebor
RH customers buy and sell stocks. Those trades don't settle (settle = closing, the exchange of cash for security) until T+2, two days later. Depending on the net of buys/sells,
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45th parallel absurdist brigade
45thabsurdist
We’d like to thank IBKR and Robinhood for taking this opportunity to demonstrate to countless new investors that capitalism is a ponzu scheme from which only the Fantastically wealthy are
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Wealth Squad Chris ♻️
CJ_Johnson17th
The objective of those in charge is to get everyone divided Look what happens when “have nots” come together and find a way to fight back... the system gets exposed
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Marianne Österlund
marianneoster
60% of women have NEVER invested in stocks, bonds, mutual funds, options, ETFs, or crypto The gender gap in investing – a thread 1/9 According to @RobinhoodApp The State
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Alpha Zeta
alphaazeta
A threat on potential risks on this market and why we may see more asset price volatility and failing companies.I haven't been involved in swap markets for a long time
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Benjamin Olson
Olson_Benjamin
No problem with people being anti-hedge funds or even anti Wall St. But this hysteria is spreading crazy amount of misinformation re: Robinhood. It’s not what everyone is portraying as
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Cory Doctorow #BLM
doctorow
That's why habitual bullshitters like Elon Musk HATE shorts. Musk leads a cult of credulous worshippers who buy whatever he's selling. Shorts make bets that Musk's cultists will get deprogrammed.
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Sam North 🚀🌙
snorth19
My two cents on this whole situation for what it’s worth. You can’t really blame the brokers for looking after their own back. You’ve seen what has happened to brokers
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The Columbia Bugle 🇺🇸
ColumbiaBugle
White House Press Secretary Jen Psaki Asked About New Treasury Secretary Janet Yellen Being Paid $810,000 From Citadel In Speaking Fees "Are there any plans to have her recuse herself
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Silent Cal
KralcTrebor
Ok - here's my best explanation of why @RobinhoodApp restricted trading in the short-squeeze stocks.Spoiler: the story isn't the Ken Griffen called Janet Yellen who instructed DTCC to raise margin
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Dan Davies
dsquareddigest
Very clear explanation. Basically, if you're creating massive volatility, you're causing problems for someone else, and eventually, that someone else is only going to be prepared to do business with
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