Robinhood or the Sheriff of Nottingham
Jan 29, 2021•44 min•Season 2Ep. 11
Episode description
In today's episode, Alex and Shimon discuss the recent Robinhood fiasco. For the first time since either of us can remember, mainstream stock trading apps let people sell stocks but not buy the same stock. This happened because of a huge short position that a hedge fund had and a horde of retail reddit investors who went against it in order to short squeeze the trade.
What happened next will surprise you.
Follow us on twitter:
@shimonlazarov
@mrebitda
www.hardcorefinance.com