Don't worry, google knows how to obscure these things. Just look at the voting on Biden's inaugural youtube videos. One day tens of thousands of down votes. Next day just a few thousand. source: https://reclaimthenet.org/youtube-scrubs-thousands-of-dislik...
Source?
Robinhood now has a 1-Star rating on the Google Play Store
61–70 of 547 posts
Re: Robinhood now has a 1-Star rating on the Google Play Store
#62Can someone who knows more about such things than I explain to me why their weird response to the situation (halting buying, but still permitting selling) was deemed by them to be the best of their options (the other two obvious ones being to temporarily stop dealing in those securities entirely (halting buying and selling), or to continue letting people trade them as they had the previous day)? It's confusing to me.…
Halting buying and selling is even worst - it means that people are locked into owning GME even if it tanks to 0. (someone please correct if wrong) Edit: I know they haven't halted selling, this is directly in response to a part of the parent's comment
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Re: Robinhood now has a 1-Star rating on the Google Play Store
#63Still 4.8 on the App Store though
I believe App Store updates a day later, so we're likely not seeing the results of any mass rating bombs.
It can also take a while for a rating to go through. Once you tap the allotted stars you'd like to rate an app, you need to wait until you see the "Your feedback was submitted" modal to appear.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#64Can someone who knows more about such things than I explain to me why their weird response to the situation (halting buying, but still permitting selling) was deemed by them to be the best of their options (the other two obvious ones being to temporarily stop dealing in those securities entirely (halting buying and selling), or to continue letting people trade them as they had the previous day)? It's confusing to me.…
Preventing people from exiting an existing position is a much bigger deal than preventing them from entering a new one.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#65Earlier quoted context omitted.
But the app is broken. They are not allowing you to buy shares. Why should an app that decides you can't buy certain shares, and they auto-sells some shares you own, be rated highly?
Because many people on social media encourage other people to give the app 1-point rating. That's something Google need to protect against. The poor rating should happen organically. But regardless, they are fucked.
It doesn't get more organic than word of mouth.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#66Can someone who knows more about such things than I explain to me why their weird response to the situation (halting buying, but still permitting selling) was deemed by them to be the best of their options (the other two obvious ones being to temporarily stop dealing in those securities entirely (halting buying and selling), or to continue letting people trade them as they had the previous day)? It's confusing to me.…
Citadel is a hedge fund that owns Melvin Capital Management. Melvin is a $GME short seller predicted to lose BILLIONS due to the people taking the free market back. Citadel owns the app Robinhood. Citadel banned purchases of new $GME shares on RH. Market manipulation. https://twitter.com/shane_riordan/status/1354786445668610049 ^ quoted from here Ooops their correction here: https://twitter.com/shane_riordan/status/1…
Citadel doesn't own Robinhood.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#67Just as I was wondering how many retail investors might be involved: https://news.ycombinator.com/item?id=25947674 From the number of Playstore votes it seems quite a few? Will be interesting to see if it stays that way. Or if they can somehow cheat their way out of it and get all recent ratings deleted or something. Any guesses?
My guess is that Google will get involved. It's not the first time a mob is trying to destroy the rating of an app. But their rating before all of this drama is not going to last; that's for sure.
A stock trading app that encourages you to trade options, and then randomly(?) closes your positions should not only have a 1 star review, it should not be allowed to operate.
Actually, given that RH is currently only allowing people to sell their positions, and not buy into them, the only correct step is for the app stores to only allow RH to be uninstalled, and to block any new installations. All for the financial well-being of their users, of course.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#68Earlier quoted context omitted.
If they keep selling people's stocks without their consent, then yeah, I'm pretty sure it'll stay until RH can buy better reviews. [edit] though there are some reports that the stocks were bought on margin, which makes it more(?) okay, I guess?
> though there are some reports that the stocks were bought on margin, which makes it more(?) okay, I guess? https://cdn.robinhood.com/assets/robinhood/legal/RHS%20Custo... 4. Liquidation. In the event of the death of the Customer, or in the event the margin in any account in which the Customer has an interest shall in either Robinhood’s or the Introducing Broker’s discretion become unsatisfactory to either Robinhood…
That's referring to margin specifically, not a held position. There's a difference between margin trading and holding the stock in your name.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#69I'm surprised the app stores (well, at least the play store) don't have hysteresis built in to prevent mobbing the ratings, just in general.
Steam (the video game distribution platform) does "recent reviews" and "all reviews" so that you can tell if there has been a recent influx of positive or negative reviews.
Re: Robinhood now has a 1-Star rating on the Google Play Store
#70It's going to be real funny when all the lemmings pumping up GME's price lose all their money.