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Comment by legitster

It's pretty clear that Robinhood users are incredibly leveraged right now on these transactions. Someone in finance probably gave their team a "Come to Bernanke moment" and pointed out that when the bubble pops they will be eating a huge load of crap where they are on the hook for a bunch of teenagers' margin calls.

It's crappy all around, but the ball was in their court for giving so many people the ability to trade on the margin.

parent legitster 5 years ago

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