I just caught wind of this whole movement yesterday. Today, Robinhood disabled buying of certain stocks, but still allowed people to sell off those stocks (I've got a screen grab off the app). This drives the price down to protect their billionaire hedge fund clients at the expense of the little investors. This should be the end of Robinhood. Also, I'm sure a class action lawsuit will also target some of those big funds that by user data from RH. As a general rule, I hate class action lawsuits as they primarily payout to the law firms, but this is one I could get behind...
You are viewing a single comment's thread from: