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0 pointshemloc_io4y ago0 comments

I agree and there are lots of potential reasons, some of them better than others.

1. PR people didn't really understand what was going on

2. Ppl at the company didn't expect retail traders to understanding what was going on.

3. They had trouble with regulation in the past and are trying to appear as a legit brokerage.

4. Maybe they figured that they could get enough capital quickly enough to open up trading again or they were in active negations with DTCC. (Which they sort of did.)

EDIT: Formatting

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c544y ago

This makes sense. It’s easy to speculate on the right thing to have done, after the wrong thing has already been done. In the heat of the GME pump I’m sure things where 100% chaotic at robinhood HQ

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