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Robinhood now has a 1-Star rating on the Google Play Store

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Re: Robinhood now has a 1-Star rating on the Google Play Store

#391

Earlier quoted context omitted.

What is your hope for reforming the ability of a single person to keep repeating a lie and nearly causing an insurrection?

Voter fraud happened. There's video evidence of it occurring in State Farm Arena in Fulton County, GA. There's forensic evidence of 70% failure rates on voting machines in Antirim County, Michigan. There's 1000+ witness affidavits signed and presented under the penalty of perjury in various legislatures around the country. There's also statistical fraud detection algorithms that have numerous red flags with regards t…

State Farm Arena video doesn’t show fraud to any reasonable degree, at the absolute best it’s an irregularity. The Antirim report is massively flawed, written by an ‘expert’ with no credibility who used Minnesota counties to ‘prove’ Michigan fraud. Hand waving at ‘affidavits’ is not evidence. The statistics arguments don’t stand scrutiny when known limitations like sample size, turnout volatility and count completion are taken into account.

Bundling together lots of individual garbage theories into giant piles doesn’t net you anything other than garbage theories, just like bundling bad mortgage securities didn’t mitigate risk in the subprime crisis.

Instead of saying ‘lots of statistical algorithms,’ name one, or even two, that stand up to genuine scrutiny (and that aren’t the readily debunked Charles J. Cicchetti claims.) Don’t hide behind the sheer number of crackpot theories. Or, you know, admit you have nothing but a hunch based on cognitive dissonance.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#392
post #7

Can 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.…

My understanding is that Robinhood didn't actually block these purchases but rather the service they use to buy/sell stocks blocked it called Citadel So it's not Robinhood, persay, but rather Citadel. Why did Citadel block purchasing of GME stock? Because Citadel just invested 2 billion dollars in Melvin Capital Management; one of the hedge funds that has a lot to lose as long as the GME stocks keep going up.

citadel only handles like 10% of their order flow. the rest is other companies. including Apex clearing which also handles it for Webull and other platforms that halted trading

Re: Robinhood now has a 1-Star rating on the Google Play Store

#393
That sound you hear is the evaporation of billions in pre-IPO Robinhood equity vanishing based on both a poor decision (to disallow buying of a stock that others could still buy) and worse, poor execution on their site that didn't make it clear how narrow the blocking was.

Those customers who have left Robinhood will never come back and it will take years to recover, if ever.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#394

Earlier quoted context omitted.

The sells were appropriate if bought on margin (once the share price took a dive). The thing is, RobinHood refused “buy” order that were completely inline with the margin requirements, and that caused the share price to dive. Seems to be a coordinated move among all retail browsers (including IB according to people on this discussion - despite publicly claiming they are just hiking margins). Basically, as of this mor…

> RobinHood refused “buy” order that were completely inline with the margin requirements, and that caused the share price to dive. This is just a conspiracy theory. It doesn't even make sense. If GME was objectively such a good bet, you really think that those institutional investors out there were simply ignoring it? That Robinhood's users alone were the sole reason for the speculative spike in this stock? This is a…

You people? Seriously?

Re: Robinhood now has a 1-Star rating on the Google Play Store

#395

Earlier quoted context omitted.

Except for the fact that eth transaction fees are insane and will only increase if popularity does. DeFi is DOA.

No, DeFi will simply migrate to L2 solutions as they become viable.

Yeah, funny how the solution to all the inherent problems with blockchains is to move off the blockchain. The future of "DeFi" is centralization.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#396
post #315

Earlier quoted context omitted.

This is exactly why people should be outraged. The type of risk that requires a margin call isn't present by just holding long positions in a security. Unless you are trading options or selling short, your equity is equal to your positions, and no margin call should be necessary. They are literally using the margin call mechanic to force closures in positions that have no risk.

Unlikely. Robinhood has something called ‘instant deposits’ which creates massive risk when used to buy something like GME with unsettled funds.

An unsettled ACH withdrawal that you initiated does not cause massive risk. It's a two-day float. There's no way to undo an ACH transfer; it's guaranteed funds. Even if you lose all of it, it doesn't matter, since they'll be paid back once the check clears.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#397

Earlier quoted context omitted.

Parler (deplatforming, service) | | Discord (deplatforming, WSB) | | Robin Hood (functional ban, WSB) There similarities are not perfect, but enough to draw an analogy.

I’ll agree that there are similarities between Parler and WSB Discord issue (how much hate speech is tolerated on your platform is a decision made by your service provider, not you) but the WSB Robinhood issue is something else altogether.

The Parler ban was a response from service providers so that they are not blamed for what their users (Parler) do (controversial opinion).

The GME/etc ban is a response from Robinhood so that they are not blamed for what theirs users (retail inverstors) do (controversial trading activities/losing money).

Re: Robinhood now has a 1-Star rating on the Google Play Store

#398

Earlier quoted context omitted.

From my perspective, you just flipped the purpose of 1A. Right now you have the right to associate or disassociate with whomever you like (protected classes aside). In your altered future, the government forces churches to allow atheists and rival religions to be allowed to speak at the church, despite the desires of the owners and congregation. It would effectively be compelled association.

Nonsense. Trouble is when government gives out monopolies, or supporting monopolies they like. Government currently closed side. Government has chosen atheism as its religion. Very hostile toward other religions. Everyone pays for government school, but want to a Christian education, then you have to pay twice.

> Government has chosen atheism as its religion.

All the cash in my wallet says otherwise.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#399

Gamestop is not supported on Robinhood. I get a message -- " This Stock is not supported on Robinhood"

> This stock is not supported on Robinhood. This is a jabberwocky sentence. It is syntactically correct but there is nothing in the real world to which it could be referring. Brokers do not "support" stocks.

Sharing my lookup of jabberwocky.

> n. Nonsensical speech or writing. > adj. meaningless, worthless > adj. absurd, nonsense, non-sensical

From Wiki: "Jabberwocky" is a nonsense poem written by Lewis Carroll about the killing of a creature named "the Jabberwock".

https://en.m.wikipedia.org/wiki/Jabberwocky

Wonderful word.

Re: Robinhood now has a 1-Star rating on the Google Play Store

#400
post #93

EDIT: I was wrong, this was removed because it was a repost. However I wish the mods would say why it was removed. Justin Kan posted a tweet about this. I also tried to screenshot and post it to r/wallstreetbets but it got deleted by mods. The mods of r/wallstreetbets themselves are complicit in this. https://www.reddit.com/r/Wallstreetbetsnew/comments/l75z6o/m...

Your post was removed because it was like the thousandth time it had been posted. It's literally the #2 post on the subreddit right now: https://www.reddit.com/r/wallstreetbets/comments/l747eg/cita...

Okay, I was wrong, but in that case the UI should have said why it was removed.
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