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eigenrobot's profile
eigenrobot
eigenrobot
eigenrobot
@eigenrobot

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eigenrobot

@eigenrobot

robot. friend.

eigenrobot.substack.com
Joined July 2013

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    1. eigenrobot‏ @eigenrobot Jan 28

      eigenrobot Retweeted James Surowiecki

      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 …

      eigenrobot added,

      James SurowieckiVerified account @JamesSurowiecki
      So it looks like Robinhood did not prohibit customers from buying GameStop or AMC as part of a conspiracy to protect short sellers. It did it because it literally couldn't afford to let them keep trading. https://www.nytimes.com/2021/01/29/technology/robinhood-fundraising.html?smid=tw-share …
      Show this thread
      23 replies 11 retweets 149 likes
      Show this thread
    2. eigenrobot‏ @eigenrobot Jan 28

      but it seems like there has to be a reason why they didn't just come out and say it right (???)

      11 replies 0 retweets 54 likes
      Show this thread
    3. eigenrobot‏ @eigenrobot Jan 28

      eigenrobot Retweeted James Surowiecki

      https://twitter.com/JamesSurowiecki/status/1355053272063758343?s=19 …

      eigenrobot added,

      James SurowieckiVerified account @JamesSurowiecki
      Replying to @eigenrobot
      Yeah, that's the obvious reason why they wouldn't have said it earlier: if you're trying to raise money, you don't want to make it look like you might be going out of business if you don't get the money.
      3 replies 0 retweets 41 likes
      Show this thread
    4. eigenrobot‏ @eigenrobot Jan 28

      ok but im not toooootally sure about this for the following reason (which may simply reflect a further degree of ignorance on my part) this explains why they would stop new buys but not necessarily why they would actively sell existing positions . . . I think? can imagine things

      10 replies 0 retweets 35 likes
      Show this thread
      eigenrobot‏ @eigenrobot Jan 28

      overall this is a really fast moving and low information situation and while there are reasons to believe its a conspiracy i think some of those reasons are unrelated to whether it was a conspiracy

      11:55 PM - 28 Jan 2021
      • 28 Likes
      • sadals🪐🔮d pjeffa.eth (🦧,🦧) acid shill zywiec Sine Mora Phénotype détendu Chris Croy Z
      3 replies 0 retweets 28 likes
        1. New conversation
        2. eigenrobot‏ @eigenrobot Jan 29

          eigenrobot Retweeted State Line Crossing Enthusiast

          hehehe hehehehehttps://twitter.com/MatthewGalanty/status/1355063492697591812?s=19 …

          eigenrobot added,

          State Line Crossing Enthusiast @MatthewGalanty
          Replying to @eigenrobot
          also coming out and saying that the more you trade the higher volatility, the more their financial systems will essentially crash is not a thing I would imagine you'd want to tell a bunch of autistic redditors who are trying to destroy financial companies for the lulz
          5 replies 1 retweet 50 likes
          Show this thread
        3. eigenrobot‏ @eigenrobot Jan 29

          eigenrobot Retweeted Jack

          https://twitter.com/Triplebtakes/status/1354944584170655756?s=19 …

          eigenrobot added,

          Jack @Triplebtakes
          Replying to @bespokeinvest
          Today on the internet... pic.twitter.com/zCr2XuSI9v
          3 replies 1 retweet 36 likes
          Show this thread
        4. End of conversation
        1. Font of Argh (the coolest)‏ @MeFromBefore Jan 28
          Replying to @eigenrobot

          tbf there are n intertwined conspiracies here

          0 replies 0 retweets 3 likes
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