GameStop, Robinhood, & Reddit
CaseInterview.com
FEBRUARY 4, 2021
They were simply trying to stay in business and operate their business within the limits of the collateral they had on hand to “guarantee” trades during the settlement period. If I thought the companies would earn more in profits in 2021 than in, say, 2002, I would have bought shares hoping to benefit from the growth in future profits.
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