so this seems to be a story that is consolidating. and robinhood didnt come out and say this because . . . it makes them look worse to investors maybe? not retail investors but people who would actually buy them? some other reason? i am not in the weeds enough here to knowhttps://twitter.com/JamesSurowiecki/status/1355035563368321027 …
That can't possibly be the explanation because anyone who buys them knows *exactly* what DTCC requires as collateral on pending settlements and will do due diligence that reveals *exactly* what RH's financials are. Which of those are they hiding from a buyer? Neither.