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Piccalilli Pit
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Comments by "Piccalilli Pit" (@piccalillipit9211) on "Robinhood raises $1 billion in new capital from investors" video.
LET ME SUMMARISE THIS SITUATION FOR YOU to buy a share your BROKER needed to put up 100% capital for the buy, to SELL they need to put up 0% The BIG guy's brokers HAD THE MONEY to cover the BUY's, but the SMALL guy's brokers DID NOT have the money - so YOU could only sell but the BIG guys could buy AND sell... Boo Hoo small guy - this just happened to massively BENEFIT the big guys and the hedge funds - cos OF COURSE... Why can't these guys explain things clearly..???
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