Tuesday, February 2, 2021

Scammish: Robinhood liquidity issue or not?

 I am not a regular trader and cannot follow all the news... but this sounds kind of fishy.


In this video, CEO says directly that there is no liquidity problem.

But then I got this email from Robinhood that leads to their blog: https://blog.robinhood.com/news/2021/2/1/a-letter-to-our-robinhood-community

In this blog, they said it was due to regulations that seem to be tied with not having enough cash which to me sounds like a liquidity problem.

I kind of followed the short squeeze news, and know the bare minimum of sock investments. This is all beyond my knowledge but this still sounds suspicious.

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