There's a lot of misinformation out there
Most of you are not investors..stop living on hope and move like a trader
Traders know when to get out and make it a priority
nikkas talking about lambos and cribs is hilarious to me
But good luck y'all
I was thinking bout it, but I wasn't sure how much fukkery would screw with me while transfering shares mid squeeze.
EDIT: At this point, I'm thinking they are underway too much scrutiny to mess with cash accounts.
For anybody else who is on RH. READ THIS IMMEDIATELY. SWITCH YOUR ACCOUNT TO CASH OR TRANSFER TO ANOTHER BROKER (EX: FIDELITY)
https://cdn.robinhood.com/assets/robinhood/legal/RHS Margin Disclosure Statement.pdf
FYI. I was reading on Reddit that taxes would be due at the end of the quarter. If you wait til the end of the year, you’ll get hit with penalties. So consider hiring a CPA.
[\SPOILER]
Yeah, if someone were to sell @ 5 mil, that is about 2.5 mil in taxes. The would be 100 withdrawals @ 25k, and I'm not even sure you can withdraw that much 100 straight days. Cashapp might have weekly and monthly limits on withdrawals. If there arent limits, it wouldnt be so bad, I guessThere a lot of people who have shares on cashapp. I got a lil bunch there. Bad enough the money isn’t FDIC insured on cashapp, but how does one pay taxes when they only let you take out 25k/day? It would take years to widraw the tax money, let alone your gains if this did hypothetically hit 100k or more a share.
There a lot of people who have shares on cashapp. I got a lil bunch there. Bad enough the money isn’t FDIC insured on cashapp, but how does one pay taxes when they only let you take out 25k/day? It would take years to widraw the tax money, let alone your gains if this did hypothetically hit 100k or more a share.
Another pump and dump?People in TRCH got fukked
I was telling nikkas about that shyt smh.People in TRCH got fukked
Yeah. Wallstreetbets has been infiltrated.People in TRCH got fukked