zenbane
Joined 12 years ago
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Member since
Oct 23
Joined 12 years ago
Here is the CEO of a big brokerage explaining how bad of a situation the hedge funds (shorts) were in, they made a terrible trade.
All you need to know. Shorts made a terrible bet and had Robinhood cut off retail to save their asses.
Even if they had not met the requirements (again, which they did), a depository requirement change is not an extenuating circumstance in the least. That is part and parcel of this business.