boji
Well-known member
Shoot, you did it way better than I could have 12ax!
Beginning to suspect crypto is part of the 'master plan'. I really hope the powers that be will find a way to let it coexist with traditional fiat.
Stock Investing - Quant and Traditional
- Thread starter john12ax7
- Start date
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Free stock advice is worth exactly what you pay for it, but I would advise caution about the RobinHood IPO.
Their entire business model is based on "payment for order flow". Hedge funds and large trading institutions pay RobinHood for allowing them to execute trades for RobinHood's customers. They are not doing this for charitable reasons, they can profit from both sides of those trades.
The SEC is looking into this and has already charged some RobinHood employees for trading on insider information related to meme stock stoppages, etc. If the SEC outlaws or strictly regulates payment for order flow, RobinHood's entire business model could evaporate.
Further something like 15% of company stock ownership can be sold immediately after the IPO. Most IPOs restrict insider sales for 6 months or longer.
Caveat Emptor.
JR
Their entire business model is based on "payment for order flow". Hedge funds and large trading institutions pay RobinHood for allowing them to execute trades for RobinHood's customers. They are not doing this for charitable reasons, they can profit from both sides of those trades.
The SEC is looking into this and has already charged some RobinHood employees for trading on insider information related to meme stock stoppages, etc. If the SEC outlaws or strictly regulates payment for order flow, RobinHood's entire business model could evaporate.
Further something like 15% of company stock ownership can be sold immediately after the IPO. Most IPOs restrict insider sales for 6 months or longer.
Caveat Emptor.
JR
