How will robinhood earn their money-ads? For th
Post# of 9122
For the 1st time in USA history, laws have openly been ignored and violated since ca 2009-something typical of a dictatorship and thus the agencies who previously protected the retail investor as per their constitutional mandate have been ordered by a politician
(who decided business was evil and had to be destroyed -he discovered he couldnt do anything about big business so he reportedly ordered sec fbi etc to attack these pennies via hundreds of lawyers etc hired for that purpose- and they green lighted brokers otc dtc etc-- fbi actually ran sting operations against these low pennies when they had promos and put the CEO's in jail for promos!!! in companies below otc current classification- this is why brokers are blatantly violating fiduciary duty,why otc freely destroys stock though its not a regulatory agency- they have a green light in the current politics)
since 2009 to attack these companies in any way possible without due process-sec/fbi/judicial stings against these below current pennies, ce's, dtc global chills, brokers restrictions while brokers short our stock etc.- for those familiar w the law all these bizarre never before seen unconstitutional hybrid public/private eminent domain takings have been unbelievable
so its hard to say what the boundaries -if there are any-are in this brave new world
but as per your mention of no robinhood margin accounts, i re-posted a long time ago on another board a long post by a civil rights lawyer who said they cannot legally short stocks in cash accounts,as i mentioned here weeks ago,so something for holders here to think about if they have margin accounts