Dot.@feddit.org to Technology@lemmy.worldEnglish · 3 days agoRobinhood admits it’s just a gambling app.www.theverge.comexternal-linkmessage-square87fedilinkarrow-up1566arrow-down113
arrow-up1553arrow-down1external-linkRobinhood admits it’s just a gambling app.www.theverge.comDot.@feddit.org to Technology@lemmy.worldEnglish · 3 days agomessage-square87fedilink
minus-squareSomeGuy69@lemmy.worldlinkfedilinkEnglisharrow-up45arrow-down1·3 days agoWeren’t they one of those blocking early GME?
minus-squaredb2@lemmy.worldlinkfedilinkEnglisharrow-up40·3 days agoThey turned off the buy button when it was about to squeeze.
minus-squareSnowclone@lemmy.worldlinkfedilinkEnglisharrow-up22·3 days 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-down2·3 days 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.