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#Robinhood
Travis Bowen
T_Bowen10
(1) Update on the Robinhood situation: looks like the decision to halt trading was one of survival, not fraud. Robinhood raised $1 billion immediately this morning/late last night. It appears
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Matt Stoller
matthewstoller
If you are an individual investor and your broker makes a margin call, you might have to sell. What happens if Goldman/JPM makes a margin call to your entire brokerage?
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Noah “Hopeful Again” Evslin 📺🎞🖊
nevslin
Plot thickens: the RobinHood app is owned by Citadel which just bought Melvin Capitol (or at least invested heavily in it) the very hedge fund the “every man” investor was
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Lee Fang
lhfang
This is old news but I'm just learning it: The people behind Robinhood said they founded the brokerage app because they were inspired by Occupy Wall St? They were angry
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Curtis Houck
CurtisHouck
#Robinhood CEO tells CNBC and Andrew Ross Sorkin that removing stocks like #GME was "difficult" but "part of normal operations." He adds they "absolutely did not do this at the
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Justin Kan
justinkan
Just got a tip that Citadel reloaded their shorts before they told Robinhood to stop trading $GME.If this is true, Ken Griffin and the Robinhood founders should be in jail.This
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Social Finance, David Hirshleifer
4misceldah
“When Robinhood users pile into a stock in large numbers, the average excess return on the day surges to 14 per cent. But this is followed by a reversal of
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Jesse | The Best Interest 📝
BestInterest_JC
In defense (kinda) of Robinhood ++Thread++ Clearing the air: Robinhood is still at fault.I stand by what I said earlier.Their relationship with Citadel reeks of mixed incentives.https://twitter.com/BestInterest_JC/status/1355508633354829824
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Inquisitive Investor
QuisitiveInvest
1/ Not sure why this is so confusing and controversial, but what *almost certainly* happened is that Robinhood's counterparty/custodians saw too much risk in Robinhood's *aggregate* account on $GME.The custodians
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Christina Qi
christinaqi
So Robinhood CEO Vlad Tenev actually dropped some new info last night via Clubhouse which helped me unravel the real story. The reason he sounds dishonest on TV is because
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The Skeptic
TheSkeptic21
The ugly truth of this whole @robinhood $GME $AMC debacle isn't that they were trying to save the Hedge Funds from predatory buyers on from Main Street and Reddit because
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Benjamin Morris
skepticalsports
IDK about Robinhood, but this narrative about the Redditors “making money” we’re seeing today is bunk. Yes, some will make money off the short squeeze temporarily driving price up. But
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Thehm Again
ThehmBohnes2
#robinhoodlawsuit #RobinHood #GME In 2018, Bloomberg news released a reported that #RobinHood received more than half of its revenue from payment for order flowPayment for order flow is compensation a
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Mark Riffenburg
ItsJustMarkNV
A thread: @RobinhoodApp has never been good. Over the last two years alone we've seen multiple failures by the company - this recent $GME issue is the tip of the
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Jessica Grace 🌹
IsicaLynn
Janet Yellen accepted $810,000 in speaking fees from Citadel, owner of Robinhood. Reporter: Are there any plans to recuse herself from advising the President on GameStop and Robinhood situation?Psaki: ‘No
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James Surowiecki
JamesSurowiecki
So it looks like Robinhood did not prohibit customers from buying GameStop or AMC as part of a conspiracy to protect short sellers. It did it because it literally couldn't
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