How The Trading Platform Robinhood Started Stealing From The Poor To Give To The Rich: Squashing the Little Guy to Keep Hedge Fund Giants Afloat

The Federalist ^ | 01/29/2021 | Cody Boorman

[dfwgator]

As Dave Portnoy cracked jokes on twitter about the "irony" of a company called Robinhood stealing from the poor to give more to the rich,

Maybe they should rename the app to "DennisMoore"...

He takes from the poor
And gives to the rich
Stupid bitch!

[ConservativeDude]

likely true....but I did hear that Citron, one of the short sellers, who is also a huge investor in Robin Hood strongly suggest the actions that Robin Hood took.....

[SeekAndFind]

RE: As Dave Portnoy cracked jokes on twitter about the “irony” of a company called Robinhood stealing from the poor to give more to the rich,

Call it PrinceJohn instead :)

[minnesota_bound]

So Robinhood was really working for Sheriff Nottingham.

[rxh4n1]

Bidenhood.

[Sequoyah101]

Well said and accurate.

When the market crashed in ‘87 people were running around in a panic. I wasn’t. I wasn’t heavily invested since I was pretty much a sprat and was building houses, buying land and such though I had a good job.

There was a salesman who called on me. He had once been a giverment affairs VP for one of the big pharmaceutical companies. We were in the oil business and had lived the glory days of Penn Square bank and $9 natural gas. Anyway, this guy calls on me cool as ice that day. I asked why. He said he was not in common stocks and I asked why again. He said the deals are made on Wall Street and are past by the time we hear about them. They fleece us every day just like we fleeced them here in the oil patch every day. He told me that being in managed money, a fund or the like, is your only real chance of being successful in the market. I have since learned that buying good stocks and holding them is also a way to be successful particularly dividend stocks in the Aristocrat family. Traders can make money but that is not my brand of excitement.