If he admitted how close they were to insolvency Robinhood would be out of busin... | Hacker News

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		valuearb on Jan 29, 2021 \| parent \| context \| favorite \| on: Robinhood denies claims that it sold GameStop shar... If he admitted how close they were to insolvency Robinhood would be out of business and no one would be getting their trades closed. Financial firms never warn about liquidity issues to prevent a run on their bank.

FemmeAndroid on Jan 30, 2021 [–]

Not commenting and saying it wasn’t a liquidity event are very different things.

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