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Larry Edelman: A real life Robinhood story (one that might not end well)
It’s fitting that the online trading app with the name of Robinhood is playing a starring role in the GameStop black comedy.
The story of how GameStop’s stock went from under $20 to above $500 at one point in a matter of days is, after all, one of separating the rich (Wall Street pros) from their money. And we love to root for ordinary folk (DIY investors) — so much, in fact, that we may overlook the darker elements of their actions.
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GameStop soars, and Wall Street bends under the pressure ([link removed])
Warren slams SEC over GameStop-Reddit-Robinhood saga, calling the stock market a casino ([link removed])
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