@biancoresearch Thanks for the response. My gut feeling tells me this ends with retail investor losing due to this tactic, and maybe the institutions get slapped with a few hundered million in fines while they save themselves billions in stock losses.
@technerdbro@DeItaone It's a diversion. When they go to courts they can claim that other "non-meme" stocks were restricted also...this is all about them protecting themselves at this point and building a case. They know they are heading to the courts and government inquiries and want minimal fines.
I remember when I met the @RobinhoodApp founders when they were raising their Seed, Series A and Series B. I passed.
Why?
Optimize for integrity whenever possible because integrity compounds and assholes will fuck you.
#DeleteRobinhood
Gotta admit it’s really something to see Wall Streeters with a long history of treating our economy as a casino complain about a message board of posters also treating the market as a casino