Maybe this flew under the radar, but super interesting DD here. Basically, there's evidence that shutting down Robinhood today was a last-ditch effort to stave off a full economic meltdown on Wall Street. Knew hedge funds were over leveraged... but wow!
Keep up the pressure and this whole rotten thing could come tumbling down.
This comment: https://www.reddit.com/r/wallstreetbets/comments/l7b321/josh_shapiro_attorney_general_of_pennsylvania_is/gl5v2g8
This thread: https://www.reddit.com/r/wallstreetbets/comments/l7b321/josh_shapiro_attorney_general_of_pennsylvania_is/
What's DD? I see it all the time on WSB and it's impossible to google.
Due Diligence
Fancy speak for Research and Conclusions justifying a decision.
I honestly have no idea, lol. Data dissertation? It's technical big-brain stock stuff. Above my head. Never bought a stock in my life before this GME stuff. 100% mutual fund and then forget about it.
If it's any consolation, no one on WSB performs actual due diligence before YOLOing their money on meme stocks.