@CNBC Just wanted to clear up we didnt raise the stock price because it was undervalued we saw the short postion was unsustainable and if the price went up shorts would have to cover resulting in more gains. Interview with chamath was heated.
Thomas Peterffy, the billionaire chairman of Interactive Brokers, said his firm imposed restrictions on trading of certain stocks and options to protect the integrity of the markets https://t.co/p3W5H4ltqZ
Robinhood was always lies and fancy marketing. They never cared about the Wall Street Bets crowd, they only cared about selling the little guy order flow to Citadel. Today, they showed their true colors to the world.