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Re: Giovanni post# 41635

Thursday, 01/28/2021 10:47:31 PM

Thursday, January 28, 2021 10:47:31 PM

Post# of 44412
You could be right about that, I didn't get what you were saying until I read this:

"I think what will come out of this is that Robinhood isn't buying the stocks for account holders as directed. It is the only reason they would panic at a major market move up, that should have left its GME holders with a strong equity gain that would've been no risk to Robinhood. But if Robinhood didn't buy the stocks, they are in the same position as shorts and they were squeezed".

That could be why they drew down their credit facility by several hundred million dollars today.

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