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/biz/ - Business & Finance


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27206979 No.27206979 [Reply] [Original]

So is Robinhood just stopping transfers because they're sweating bullets and afraid they're going to lose all their users before this blows over, trying to not go bankrupt from everyone bailing, or are they pulling the rug and planning to liquidate all assets and nuke themselves right before the big squeeze starts? I'm hoping for the first one, but expecting the last one.

>> No.27207108

>>27206979
They are probably going bankrupt no matter what. Right now their parent institutions are using them to hold the GME price down. Open with other brokers ASAP.

>> No.27207283

>>27206979
No, they are literally just obeying the law as the SEC has regulations against wild speculation since the tech bubble. Now the fact that the big boys are allowed to flaunt those rules every single day is another matter entirely.

>> No.27207356

>>27207108
Attempting to now. Binance is taking its fucking time verifying me. I need to Dump my doge and get back in ASAP after they open up again

>> No.27207530

Really.. A Monster energy drink.

>> No.27207787
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27207787

>>27207530
>A monster energy drink
Ask me how I know you're a fucking newfag

>> No.27207896
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27207896

>>27207530

>> No.27208026
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27208026

>>27207530

>> No.27208111
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27208111

>>27207530

>> No.27208163
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27208163

>>27208026
very based

>> No.27208193
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27208193

>> No.27208250
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27208250

>>27208163
Get back to the kitchen and get the steaks ready for the grill.

>> No.27208391

>>27207356
RH can literally take your coins away, they're not insured. Make every effort to take them out breh.

>> No.27208906
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27208906

doing much more than that apparently

>> No.27208929

>>27206979
They are going to burn spectacularly to keep us from asking a simple question: Why is it that investors are allowed to borrow at all after 100% of shares have already been borrowed?

>> No.27209018

>>27208906
>$118
ULTRA-KILL

>> No.27209034
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27209034

>>27207530

>> No.27209083

>>27208906
KIKE'D.com

>> No.27209340
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27209340

>>27207108
>Open with other brokers ASAP
I just opened a broker with Fidelity and just have to connect my bank to them. I was planning on transferring all my assets over there but decided it'd be better to hold on RH until after this is over in case my assets were still frozen when the big squeeze happens. I'm honestly not sure if I made the right call or not.

>> No.27209384
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27209384

>>27208906
Holy fuck anon I'm sorry
Fucking brutal

>> No.27209908

>>27208906
Jews control your money Goy

>> No.27209913
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27209913

>>27208906
>Ban users from buying and use bots trading low to tank the price
>Instantly sell everyone's margin at the lowest possible point and say it was to save them from the bots you unleashed
Unironically gigabrained. The psychopath in the board meeting that came up with that probably got a fat bonus. Just kidding, he's probably unemployed now because Robinhood is going bankrupt.

>> No.27209963
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27209963

>>27208906
Making money from GME is antisemetic Anon

>> No.27210126

how the fuck is my deposit still pending on robinhood when my bank says it cleared on the 27th. fuck i want to get my money out of this shithole faggot app ASAP before they exit scam anyone who bought a single gamestop/amc stock.

>> No.27210135

>>27209963
Don't call them out based on your beliefs or theirs. Call them out for their crimes. It doesn't matter who they are. They will use hate speech as a shield.

>> No.27210185
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27210185

>>27209340
Sell and transfer out just enough to start again incase RH turns around and nukes everyone from orbit you'd not be completely fucked.

>> No.27210204

>>27210135
nigger

>> No.27210413

>>27209340
Your crypto is not covered by insurance. Would advise at least trying to get it out ASAP. I'm not a financial advisor.

>> No.27210722

>>27210204
I'm actually poor white trash.

>> No.27210820
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27210820

>> No.27210939
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27210939

>>27210413
>Using Robinhood for crypto
Who the fuck would use Robinhood for crypto besides the meme coin that already crashed and burned?

>> No.27210946

>>27206979
I don't get how people bailing would bankrupt them. You only get the money if you sell the share, and to sell it someone has to be willing to pay you that money

>> No.27211049
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27211049

>>27210946
I'm just trying to come up with any answer besides the worst (and most reasonable) one.

>> No.27211080
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27211080

>>27210135
You're right, but talking to normies is a headache no matter what

>> No.27211154

>>27208906
That was only done for shares gained through margin. Not your money not your shares.

>> No.27211266

>>27211080
Yes yes, well done Slytherin...

HOWEVER!

>> No.27211964

>>27211266
Found it.
https://vocaroo.com/nUt57wURU0C

>> No.27212093

>>27211964
Even better.
https://vocaroo.com/11xuA2e0O2ai

>> No.27212459

>>27211964
>You too Snape, Dumbledore said calmly