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/

  • BoxedFenders [any, comrade/them]
    ·
    4 years ago

    If it's any consolation, no one on WSB performs actual due diligence before YOLOing their money on meme stocks.