An investing platform with free commissions that should really be called the Sheriff of Nottingham after they limited the purchases of "GME" to protect the hedge fund Citadel that pays 40% of their income.
"Do you invest on Robinhood? I heard they have free commissions"
"No, I invest on ThinkorSwim because they don't try to rob the hood. "
"No, I invest on ThinkorSwim because they don't try to rob the hood. "
by carribgyal February 01, 2021

by carribgyal February 01, 2021

Dead video game store whose stock faced a short squeeze because of the popular subreddit r/wallstreetbets after Youtuber Roaring Kitty (also known on reddit as r/deepfuckingvalue) noticed that the stock was illegally shorted 140%. The stock rise caused the hedge fund Melvin Capital to lose billions and be bailed out by Citadel, the same hedge fund that pays 40% of Robinhood's income in return for user data. This lead Robindhood's CEO to limit stock purchases of GME on Robinhood.
This called into question the idea of a free market and whether the real wolves on wall street are the hedge funds or ordinary people.
This called into question the idea of a free market and whether the real wolves on wall street are the hedge funds or ordinary people.
by carribgyal February 01, 2021

by carribgyal February 01, 2021
