If they do that, then they're definitely harming any customers who have a positi...

nightski · on March 9, 2020

That's exactly what is happening right now anyways. Except in the past week many new positions were opened on a broken platform.

If this was Wells Fargo we'd see the pitchforks. But it's a SV company so all is good.

to11mtm · on March 10, 2020

I mean, the investment community knows, and even on other sites there was a lot of encouragement to get -out- before the next disaster struck.

IMO anyone who opened a position on RH in the last week should not be shocked that the same thing happened again in this high volume crapstorm.

usefulcat · on March 9, 2020

If you believe that the platform is so broken that it shouldn't be used (and I'm not arguing against that, btw) then a more reasonable solution would be to only allow position-reducing trades. That would also reduce overall trading volume on their platform.

Not that I expect them to do any of this, just pointing out that 'shut everything down' is not necessarily the best approach.