The AMC Stock Discussion Thread

Ill-Mind

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Seen this reddit post on Robinhood:

Feds Seized Robinhood CEO's Phone in GameStop Trading Halt Investigation (vice.com)

Looks like Vlad is feeling some heat right now! Maybe another 12M for clients and 58M for the lawyers...... /s

In its filing, Robinhood states that the fallout from these restrictions still have the potential to be disastrous for the company. “We have become aware of approximately 50 putative class actions … relating to the Early 2021 Trading Restrictions. The complaints generally allege breach of contract, breach of the implied covenant of good faith and fair dealing, negligence, breach of fiduciary duty and other common law claims. Several complaints further allege federal securities claims, federal and state antitrust claims and certain state consumer protection claims based on similar factual allegations,” the S-1 states.

The best part:

The company said that the incident was bad for the company and “resulted in negative media attention, customer dissatisfaction, litigation and regulatory and U.S. Congressional inquiries and investigations, capital raising by us in order to lift the trading restrictions while remaining in compliance with our net capital and deposit requirements and reputational harm. We cannot assure that similar events will not occur in the future.

If this last statement is not a sign to get out of Robbing the Hood, I don't know what would.

They're pretty much admitting that they will pull similar fukkery again once the squeeze finally goes down. I really hope all of yall brehs on Robinhood can get off ASAP
 

Barney Rubble

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Not frontin for the coli, but I've been schooling my best friend, he's a doctor, about AMC for the last week. He bought 250 shares today at the dip, and he passed on all the info I shared with him to his pool of doctor friends. That could lead to some serious buying power. If you know any rich brehs it's worth at least trying to school them cuz you never know where it could lead.
 

The_Hillsta

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Seen this reddit post on Robinhood:



They're pretty much admitting that they will pull similar fukkery again once the squeeze finally goes down. I really hope all of yall brehs on Robinhood can get off ASAP

How does that work? Transfer your Robinhood shares to?????

E trade?
Vanguard?
Fidelity?

Can you even speak to a live rep on Robinhood?

Somebody break it all down if possible. They all charge a transfer fee right?
 

Barlow

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just realized my name and avi go great with this
full
 

Ill-Mind

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How does that work? Transfer your Robinhood shares to?????

E trade?
Vanguard?
Fidelity?

Can you even speak to a live rep on Robinhood?

Somebody break it all down if possible. They all charge a transfer fee right?

How to transfer stocks out of your Robinhood account

This article should help you out. As far as who to use, I would suggest just using one of the big boys:

TD Ameritrade
Fidelity
Charles Schwab
ETrade
 

DatBoiHawk

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I transferred yesterday and today robinhood sent me an email saying fidelity blocked the transfer?
 
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