Comment The original sharer gets screwed (Score 1) 83
If this blatant sharing keeps up, I'm seeing the account holder getting their account terminated.
The only problem is that a lot of Redditors were going to be out even more money if the app had allowed them to continue.
I call BS. RH was covering for the Citadel folks and the hedge fund billionaires. Do you think RH was looking out the little guy by limiting the amount of shares they can buy?
I agree that a bunch of WSB folks are going to lose a lot, but it's not up to a trading app to make that call. I'm looking to move my all my YOLO money from RH into a brokerage that doesn't restrict trading, Fidelity for example doesn't babysit traders.
A LISP programmer knows the value of everything, but the cost of nothing. -- Alan Perlis