Dot.@feddit.org to Technology@lemmy.worldEnglish · 2 months agoRobinhood admits it’s just a gambling app.www.theverge.comexternal-linkmessage-square86fedilinkarrow-up1570arrow-down112cross-posted to: [email protected]
arrow-up1558arrow-down1external-linkRobinhood admits it’s just a gambling app.www.theverge.comDot.@feddit.org to Technology@lemmy.worldEnglish · 2 months agomessage-square86fedilinkcross-posted to: [email protected]
minus-squareSomeGuy69@lemmy.worldlinkfedilinkEnglisharrow-up45arrow-down1·2 months agoWeren’t they one of those blocking early GME?
minus-squaredb2@lemmy.worldlinkfedilinkEnglisharrow-up40·2 months agoThey turned off the buy button when it was about to squeeze.
minus-squareSnowclone@lemmy.worldlinkfedilinkEnglisharrow-up22·2 months agoEven before that they have been accused of not buying stocks ordered by users, then buying at sell order and waiting for the price to raise to sell so they get a profit. It’s been questioned a long time.
minus-squareTelorand@reddthat.comlinkfedilinkEnglisharrow-up5arrow-down2·2 months agoYes and no. Iirc, only high-rollers got to have their trades go through.
Weren’t they one of those blocking early GME?
They turned off the buy button when it was about to squeeze.
Even before that they have been accused of not buying stocks ordered by users, then buying at sell order and waiting for the price to raise to sell so they get a profit. It’s been questioned a long time.
Yes and no. Iirc, only high-rollers got to have their trades go through.