Dot.@feddit.org to Technology@lemmy.worldEnglish · 2 months agoRobinhood admits it’s just a gambling app.www.theverge.comexternal-linkmessage-square89fedilinkarrow-up1570arrow-down113
arrow-up1557arrow-down1external-linkRobinhood admits it’s just a gambling app.www.theverge.comDot.@feddit.org to Technology@lemmy.worldEnglish · 2 months agomessage-square89fedilink
minus-squareSomeGuy69@lemmy.worldlinkfedilinkEnglisharrow-up46arrow-down1·2 months agoWeren’t they one of those blocking early GME?
minus-squaredb2@lemmy.worldlinkfedilinkEnglisharrow-up41·2 months agoThey turned off the buy button when it was about to squeeze.
minus-squareSnowclone@lemmy.worldlinkfedilinkEnglisharrow-up23·2 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.
minus-squaresunzu2@thebrainbin.orglinkfedilinkarrow-up1·2 months agoIt was not just robbingdahood… all of brokers using apox clearing did is my understanding among other brokers using other clearing brokers. i think you could still buy on fidelity maybe?
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.
high rollers use robinhood?
It was not just robbingdahood… all of brokers using apox clearing did is my understanding among other brokers using other clearing brokers.
i think you could still buy on fidelity maybe?