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TopicThe CEO of Robinhood looks like Kylo Ren
Tyranthraxus
01/30/21 9:55:36 AM
#40:


Frolex posted...
They weren't random sell offs of people's stock, they were people who were investing money they borrowed robinhood gettin margin called. if you're buying a lot of stock on margin that then becomes massively volatile, you're going to margin called regardless of whether or not you think you're "sticking it to the billionaires" or not.

Robinhood sells stop loss order information to Citadel. Citadel renewed shorts and entered a bidding war with other hedge funds to drive the price down to $111 triggering stop losses and then called in the margins during the 24h low.

If they really cared about the customer they could have called in the margins when the stock opened at $470 but that wasn't going to help Citadel get rich.

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It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha."
https://imgur.com/dQgC4kv
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