Does anyone have a good path forward of how Robinhood can even survive after this? Other brokers are not going down, and also offer free trades. I don't even see the point of it anymore, especially if it is going down in some of the most important market moments.
I have a crazy strategy, but hear me out: They do nothing.
The vast majority of Robinhood's customers aren't day trading clamoring to get their daily dose of tendies. The proportion of RH's customers who are actually effected is probably quite minimal, and of those some might change to another broker, but most will probably just put up with it. The market isn't going to be this active for long, and so once it calms down RH will put in place some fixes for its systems. This will be forgotten after a couple of weeks, it'll perform better next time and it'll have almost no impact on RH's value.
