The AMC Stock Discussion Thread

Ill-Mind

Midwest Moonwalker
Joined
Jul 31, 2012
Messages
4,763
Reputation
890
Daps
17,459
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

Superstar
Supporter
Joined
May 3, 2012
Messages
2,964
Reputation
1,868
Daps
13,703
Reppin
NULL
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

Neva missin a beat
Joined
May 11, 2012
Messages
4,979
Reputation
2,273
Daps
12,159
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

He,Him,Nigguh
Joined
Aug 7, 2015
Messages
6,862
Reputation
2,897
Daps
49,077
just realized my name and avi go great with this
full
 

Ill-Mind

Midwest Moonwalker
Joined
Jul 31, 2012
Messages
4,763
Reputation
890
Daps
17,459
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

HAWK
Joined
Jul 11, 2015
Messages
5,691
Reputation
530
Daps
22,887
Reppin
Houston
I transferred yesterday and today robinhood sent me an email saying fidelity blocked the transfer?
 
Top