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 …
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To me, someone who knows nothing, it looked like that part in movies where the villain announces his plan outright and laughs! tho it did seem to be ill advised when the game is prediction
Thanks. Twitter will use this to make your timeline better. UndoUndo
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"Oh noooo, we're so dumb! Totally didn't realize that we're going to need MONEY, on short notice, to cover an event that has been building for weeks and if we don't have enough money, our money daddy stands to lose a lot less money than he would otherwise have" give me a /break/
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"You should trust us to be knowledgeable and ahead of any situation except when retail does precisely what it has said it would do and we come away looking like we don't even understand basic liquidity in which case you should definitely trust retail even less."
End of conversation
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