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Google Deleted over 100k Negative Robinhood Reviews

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Re: Google Deleted over 100k Negative Robinhood Reviews

#71

Post by zmk_ »

joking wrote: post #56
kristofferR wrote: post #35

Earlier quoted context omitted.

If a stock trading app manipulates the market by preventing purchases, while allowing selling, of certain stocks that are popular with a democratized hedge fund community, they deserve all the 1 star reviews they get. It's not just an useless app now, it's an actively dangerous scam app.

the thing is that robin hood it's not a trading app, you don't buy a share on your name, those shares are pooled and bought and selled off the official market. If you want to invest, use a real broker, but then you will have to pay commissions. Also, have in mind that even if they say that they are commission free, you pay with higher spreads, so if the transaction price is 1, robinhood will sell it to you by 1.02 an…

Commissions have the same impact, increasing your effective spread.

Re: Google Deleted over 100k Negative Robinhood Reviews

#72

Post by WalterBright »

zpeti wrote: post #61
oliwarner wrote: post #47

This is bad. I can absolutely understand it for a political pile-on, or an unrelated protest, but this is a fundamental complaint with the service not following operating procedure. If I were king, the app would be pulled until financial amends were made.

This attitude is a big problem, because once you allow it for political pile-on, it's suddenly available for other issues, like this one. It's what every free speech advocate has been saying for years, or decades, or hundreds of years, yet people generally cheer on censorship when its for their own political side.

"I'm all for free speech, but you can't let that guy say those things."

Re: Google Deleted over 100k Negative Robinhood Reviews

#73

Post by KMag »

liaukovv wrote: post #68
KMag wrote: post #59

Earlier quoted context omitted.

> If a stock trading app manipulates the market by preventing purchases They're likely close to hitting their collateral limits with the clearing house[0]. During yesterday's 5-minute interview with CNN's Chris Cuomo, RH's CEO mentioned their collateral obligations (plus unnamed regulatory requirements) as the reason for preventing new positions in GME. Every trade creates a collateral obligation with the clearing ho…

So they have a legitimate technical reason for why the app doesn't work. How does that excuse them? If cat picture app has issues with their image hosting partner it is not my problem, that's the entire point of going through a middle-man like stock brokerage

It's a problem, but the accusation of criminal market manipulation appears unwarranted.

Re: Google Deleted over 100k Negative Robinhood Reviews

#74

Post by res0nat0r »

liaukovv wrote: post #68
KMag wrote: post #59

Earlier quoted context omitted.

> If a stock trading app manipulates the market by preventing purchases They're likely close to hitting their collateral limits with the clearing house[0]. During yesterday's 5-minute interview with CNN's Chris Cuomo, RH's CEO mentioned their collateral obligations (plus unnamed regulatory requirements) as the reason for preventing new positions in GME. Every trade creates a collateral obligation with the clearing ho…

So they have a legitimate technical reason for why the app doesn't work. How does that excuse them? If cat picture app has issues with their image hosting partner it is not my problem, that's the entire point of going through a middle-man like stock brokerage

There is a reason why stocks get straight up halted from trading due to extreme volatility. Robinhood had to the same on this extreme event to keep their company solvent. Just because folks don't understand how the market works doesn't mean it is a nefarious plot against the little guy.

Re: Google Deleted over 100k Negative Robinhood Reviews

#75

Post by niklasrde »

agilob wrote: post #62
rplnt wrote: post #26

I hate Google with passion, for the things they do, but this is what they did for every brigade-rating that I can remember. And it makes sense. It's not anyone reviewing the app, it's people mass 1-starring the app because they decided to do so as a hive-mind. It's essentially fake reviews and I wouldn't be surprised if it's automated. Also, as far as I gather, people who wrote a human-like text review to go with the…

Amazon does it with positive reviews. They add fake reviews for their products. As we know Google removes negative reviews, but do we know if Google manipulates reviews of other products (where Google makes money) like Netflix, Uber, Disney+? It doesn't matter whether it's negative or positive, we can't trust reviews anyway. They have incentives to make you download or buy apps.

Does Google make much money from those? Do they have a policy like apple where they take a cut of the subscription fees?

Re: Google Deleted over 100k Negative Robinhood Reviews

#76

Post by liaukovv »

KMag wrote: post #73
liaukovv wrote: post #68

Earlier quoted context omitted.

So they have a legitimate technical reason for why the app doesn't work. How does that excuse them? If cat picture app has issues with their image hosting partner it is not my problem, that's the entire point of going through a middle-man like stock brokerage

It's a problem, but the accusation of criminal market manipulation appears unwarranted.

I thought we are discussing app reviews.

Re: Google Deleted over 100k Negative Robinhood Reviews

#78

Post by KMag »

liaukovv wrote: post #76
KMag wrote: post #73

Earlier quoted context omitted.

It's a problem, but the accusation of criminal market manipulation appears unwarranted.

I thought we are discussing app reviews.

I specifically quoted the claim of market manipulation in the GP.

Re: Google Deleted over 100k Negative Robinhood Reviews

#80

Post by agilob »

niklasrde wrote: post #75
agilob wrote: post #62

Earlier quoted context omitted.

Amazon does it with positive reviews. They add fake reviews for their products. As we know Google removes negative reviews, but do we know if Google manipulates reviews of other products (where Google makes money) like Netflix, Uber, Disney+? It doesn't matter whether it's negative or positive, we can't trust reviews anyway. They have incentives to make you download or buy apps.

Does Google make much money from those? Do they have a policy like apple where they take a cut of the subscription fees?

>For apps and in-app products offered through Google Play, the service fee is equivalent to 30% of the price. You receive 70% of the payment. The remaining 30% goes to the distribution partner and operating fees.

https://support.google.com/googleplay/android-developer/answ...

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