Author Topic: Robinhood Lawsuit  (Read 510 times)

phimag512

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Robinhood Lawsuit
« on: March 06, 2020, 06:42:11 AM »
https://www.cnbc.com/2020/03/05/robinhood-client-files-class-action-suit-for-negligence-over-outages.html

I guess I'm not surprised by this from folks. Who on here is affected by this? Wonder where they come up with the 5 million valuation also for damages. Are these the same people that are upset the market went South and they didn't have time to gobble up stock before it had a minor bump. Ridiculous.

frugalnacho

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Re: Robinhood Lawsuit
« Reply #1 on: March 06, 2020, 09:06:53 AM »
No one on here should be affected by this.  All the bitching I have read about is from people with options that were unable to execute them when they wanted, ie they want to dance in and out of the market and try to profit off the volatility rather than simply buying and holding for the long term.  Did I miss out on profits from one of the biggest markets gain days in history? No because I'm already fully invested and I just let it ride rather than time the market.