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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Robinhood is toast, after this. They can forget about their IPO. Why would you make yourself an enemy of the PUBLIC? Depending on how this shakes out, I may never engage in the "free" market again...[/quote] RH was f#cked either way. Citadel is their biggest source of revenue. Citadel bought a big chunk of Melvin to backstop them. Citadel is also a partial owner of RH. Can you imagine the crazy pressure Citadel put on RH? Further, I'm sure those banks working on the RH IPO were pressuring them. Lose-lose situation for Robinhood. Thank god I trade with Vanguard.[/quote] going public is now a remote dream. They need to worry more about staying in business [/quote] After this? They're toast. But the big question is, how many hedge funds will reddit succeed in taking down?[/quote]
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