When they buy back $STRC below $100 they are arbitraging their own offering. It’s like selling someone something for $100, buying it back for $90 and then selling it again for $100 once it get back to par. Depends if they lose capital on interest payments if it takes too long to get back to par
@vladtenev@RobinhoodApp can you please implement copy trading on Robinhood social? Traders could take a percentage cut of the profit they earn for the people copy trading them. All native to the Robinhood app, all automatic, and easy. You just decide an amount of money to allocate to copy trade and then Robinhood automatically invests simultaneously and proportionally to the trader.
Robinhood Banking has crossed $4B in assets. We don't take that kind of growth lightly — it's a sign of how much trust customers are placing in us with their money.
Concerns about water & power are real—and need to be addressed—but understand that every time you see a tweet that data centers are destroying the world…
…that the Chinese communists are spending millions trying to convince you to believe that.
The Democratic Party is becoming the party of socialism.
58% view socialism positively.
50% view capitalism negatively.
I’m a proud free market capitalist.
This is lunacy.