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Correct - pickle posted a half-assed article that really

Posted on: February 26, 2021 at 14:49:04 CT
tigerdb MU
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didn't explain the issue. And Robinhood did a poor job of explaining to it's customers. Margin requirements are typically 25% - fine in a stable stock, but the volatility in Gamestop would potentially break Robinhood or any security company (if they hold 75% of the risk on the stock.)

https://marketrealist.com/p/robinhood-margin-requirements/


https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.html
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No, There's No Reason to Feel Sorry for Robinhood - pickle MU - 2/26 13:22:13
     Robinhood should have simply disallowed margin trading - tigerdb MU - 2/26 13:32:25
          Did you read the article? - meatiger MU - 2/26 13:39:42
               Yeah I read the article - why do you think that Robinhood - tigerdb MU - 2/26 14:05:05
                    They were simply wanting to buy the stocks - meatiger MU - 2/26 14:16:24
                         Nothing in that article said that Robinhood's customers - tigerdb MU - 2/26 14:35:17
                              so Robinhood was buying stocks on behalf of people - meatiger MU - 2/26 14:40:00
                                   Correct - pickle posted a half-assed article that really - tigerdb MU - 2/26 14:49:04
               No he's dumber than you are(nm) - Ragnar Danneskjold MU - 2/26 13:52:07
                    shut up puss - tigerdb MU - 2/26 14:05:47
     honest question: was anybody feeling sorry for them?(nm) - dangertim MU - 2/26 13:29:50
     The last sentence says it all - meatiger MU - 2/26 13:28:34




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