To me that's BS. while I understand Googles policy to prevent
manipulation of ratings, HOWEVER to me those are real reviews,
people pissed were giving 1 star ratings. It's not like someone
created a 'bot' that was adding a bunch of fake bad reviews, this
is from legitimate people who were/are pissed. The flag is that
1000's of them occurred on the same day, but of course you would
expect that with the situation with Robinhood
magically Robinhood's app ratting is back at 4.7, it had fallen
to a 1 out of 5
Does anyone know if they (Robinhood and other brokers) were
liquidating stock on margin only or if they were liquidating stock
purchased with cash? Because I think it makes a difference-
stock bought with borrowed money or stock bought with client money.
The former is bad, the latter inexcusable (IMO).
I don't know, yes liquidating if someone was on margin makes
sense given the volatility of the stock and potential to have huge
swings that could bankrupt the customer where the brokerage would
have to cover. However I have seen reports from people who say
their positions were liquidated who were not using margin who were
long shares outright not on margin, If true that's a big problem,
but I don't know if that's true or not.
in fact I'm scared even talking about it here for fear BPT will
get flagged by Google or something and have traffic blocked, that's
the state we are in.
Reminds me of the great Star Wars scene where Grand Moff Tarkin
is asked "how will the Emperor maintain control" and he responds
"fear, fear of this battle station". Strange parallels, life
imitating art, or whatever!
some other examples non-stock related were from some media
reviews. Dave Chappelle's Sticks and Stones special how
critics gave it 0% rating and audience gave it a 99% rating was one
of the most one sided things I've seen.
Though as far as deleting negative reviews I guess a better
example would be that Captain Marvel movie from a few years ago,
most people didn't like the movie and gave it negative ratings on
Rotton Tomotoes causing the rating to be 30% or something, then
magically Rotton Tomoates starting removing negative reviews to
bring the rating way up, Google did a similar thing . enough of my
soap box and back to trading, but this is the kinds of things that
start to piss people off, feel like they have no control and all
the control is with a handful of corporations, hedge funds, and gov
entities.
thanks for sharing Matt. Doesn't surprise me. Anything Chappelle
does is fantastic. He got so fed up with the business and machine,
he quit years ago. Control has been there for many, many years. I
can't think of one place it isn't
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Google removing ratings - off market topic
Posted by matt on 29th of Jan 2021 at 10:47 am
article, https://www.theverge.com/2021/1/28/22255245/google-deleting-bad-robinhood-reviews-play-store
To me that's BS. while I understand Googles policy to prevent manipulation of ratings, HOWEVER to me those are real reviews, people pissed were giving 1 star ratings. It's not like someone created a 'bot' that was adding a bunch of fake bad reviews, this is from legitimate people who were/are pissed. The flag is that 1000's of them occurred on the same day, but of course you would expect that with the situation with Robinhood
magically Robinhood's app ratting is back at 4.7, it had fallen to a 1 out of 5
Very scary control of our
Posted by brophy on 29th of Jan 2021 at 11:13 am
Very scary control of our conversations and opinions have become mainstream.
Does anyone know if they
Posted by pep8261 on 29th of Jan 2021 at 11:08 am
Does anyone know if they (Robinhood and other brokers) were liquidating stock on margin only or if they were liquidating stock purchased with cash? Because I think it makes a difference- stock bought with borrowed money or stock bought with client money. The former is bad, the latter inexcusable (IMO).
I don't know, yes liquidating
Posted by matt on 29th of Jan 2021 at 11:13 am
I don't know, yes liquidating if someone was on margin makes sense given the volatility of the stock and potential to have huge swings that could bankrupt the customer where the brokerage would have to cover. However I have seen reports from people who say their positions were liquidated who were not using margin who were long shares outright not on margin, If true that's a big problem, but I don't know if that's true or not.
in fact I'm scared even
Posted by matt on 29th of Jan 2021 at 11:15 am
in fact I'm scared even talking about it here for fear BPT will get flagged by Google or something and have traffic blocked, that's the state we are in.
anyway market weakening more
Reminds me of the great
Posted by jared95 on 29th of Jan 2021 at 11:50 am
Reminds me of the great Star Wars scene where Grand Moff Tarkin is asked "how will the Emperor maintain control" and he responds "fear, fear of this battle station". Strange parallels, life imitating art, or whatever!
Posted by matt on 29th of Jan 2021 at 11:54 am
I think there will be
Posted by mrjasongill on 29th of Jan 2021 at 11:01 am
I think there will be enough word of mouth that it won't matter...
funny how money talks..trash on
Posted by fundamentalvalues on 29th of Jan 2021 at 10:50 am
funny how money talks..trash on google and robinhood's part ..would have been all good if people were happy, right?. $$$$$
some other examples non-stock related
Posted by matt on 29th of Jan 2021 at 11:00 am
some other examples non-stock related were from some media reviews. Dave Chappelle's Sticks and Stones special how critics gave it 0% rating and audience gave it a 99% rating was one of the most one sided things I've seen.
Though as far as deleting negative reviews I guess a better example would be that Captain Marvel movie from a few years ago, most people didn't like the movie and gave it negative ratings on Rotton Tomotoes causing the rating to be 30% or something, then magically Rotton Tomoates starting removing negative reviews to bring the rating way up, Google did a similar thing . enough of my soap box and back to trading, but this is the kinds of things that start to piss people off, feel like they have no control and all the control is with a handful of corporations, hedge funds, and gov entities.
It's just the beginning with
Posted by rfa300 on 29th of Jan 2021 at 11:03 am
It's just the beginning with this new administration.
thanks for sharing Matt. Doesn't
Posted by fundamentalvalues on 29th of Jan 2021 at 11:02 am
thanks for sharing Matt. Doesn't surprise me. Anything Chappelle does is fantastic. He got so fed up with the business and machine, he quit years ago. Control has been there for many, many years. I can't think of one place it isn't