Robin Hood Type Traders go for Court Protection to bail out their investments

JSOP said:
That IS the business culture, regardless of leaders or anything.
More...

I have never observed that. Of course if the sin is too great then you will get fired. But if you acknowledge that you made a mistake and have a solution to avoid it in the future, employers and customers really value that.

This is based on my experience at big companies, Wall Street and at a small manufacturing company.
 
TradeTune said:
I hate Robin hood, even the name itself is a Joke. Can someone please shut down their operation ? They are making mockery of trading business with all these has-been wee kids
More...

All the mistakes that they've made as traders, we have all made them at some point in our lives. You have to start somewhere in trading. Nobody is a born expert; everybody learns by mistakes so I don't really have any problem with discount brokerages like Robin Hood that give beginning traders a chance to get their feet wet at very low cost aside from the fact that their software could be designed better and more informative. The problem that I do have is with traders who refuse to accept and learn from the mistakes that they've made and instead expect other people to come to deal with the consequences of their mistakes for them. This is the kind of mentality that needs to be shut down not Robin Hood. And quite honestly this kind of mentality exists everywhere in all kinds of people. Robin Hood just made it easier for these people with these kind of I-can-do-whatever-I-want-but-if-I-f'up-you-need-to-come-and-save-me mentality to be exposed. So we shouldn't kill the messenger; we just need to deal with the message instead.
 
newwurldmn said:
I have never observed that. Of course if the sin is too great then you will get fired. But if you acknowledge that you made a mistake and have a solution to avoid it in the future, employers and customers really value that.

This is based on my experience at big companies, Wall Street and at a small manufacturing company.
More...

You are very lucky to be working for these less toxic companies.
 
VEGASDESERT said:
since all retail brokers are commision free why do people talk about robinhood like
its something different?
More...

Because it's the one that became successful in the shortest time and also received the most publicity especially after that tragic suicide story. People always like to target the one that's the most successful and is also the "bad guy".
 
Seeing United Airlines delisted from the Nasdaq-100 today reminds me that nearly 20 years ago, in 2003, I rushed to buy more and more UAL shares (10k worth, which was all I owned in those days) as it neared bankruptcy, thinking it would get a bail out... Instead UAL was delisted from the NYSE and listed on the Nasdaq. :wtf::banghead: I learned my lesson then.
 
VicBee said:
Seeing United Airlines delisted from the Nasdaq-100 today reminds me that nearly 20 years ago, in 2003, I rushed to buy more and more UAL shares (10k worth, which was all I owned in those days) as it neared bankruptcy, thinking it would get a bail out... Instead UAL was delisted from the NYSE and listed on the Nasdaq. :wtf::banghead: I learned my lesson then.
More...

I read that happened almost a month ago.
 
VicBee said:
Seeing United Airlines delisted from the Nasdaq-100 today reminds me that nearly 20 years ago, in 2003, I rushed to buy more and more UAL shares (10k worth, which was all I owned in those days) as it neared bankruptcy, thinking it would get a bail out... Instead UAL was delisted from the NYSE and listed on the Nasdaq. :wtf::banghead: I learned my lesson then.
More...

FINALLY, about time! Can't believe the market too this long to dump a stock of an airline that treats its customers like s*** and offers one of the worst service you can ever expect from an airline. Calling them an airline is way too nice, air prison is more like it. Feel so sorry for those who bought its shares and even its call options thinking the market will soon forget what they did. Hope nobody is going to cry to the eventual bankruptcy court judge on this one. The writing has been on the wall for a long time for this one.
 
You must log in or register to reply here.
Back
Top