The Brehs of Wall Street (Offical Stock Market Thread)

Gunz&Butta

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Robinhood is registered with Securities Investment Protection Corporation (SIPC), which means that you are covered up to half a mill even if Robinhood goes out of business.:ehh:
 

FaTaL

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Yep thats what im thinking. And whats worse is RH business model may not have you owning your actual shares but more of an IOU, since Citadel themselves are their market makers. Their model is payment for order flow. Citadel pays for that, thats their backer.

If a mass wave of (presumably redditors) started moving to Fidelity who forces Citadel to purchase the real shares then....:mjlit: shorts owe at least 2 shares for every one.

Thats why I feel like transferring now is the last call. Wouldn't be surprised if Tuesday the price is inflated before the earnings call news is even released but the media will blame that
after reading reddit theres a way to make your rh account a cash account from the margin account were all forced to get.
 

Mass

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yea i think were good but after the fukery is over im out
One hundred percent. This was a good experience I made some change, learned a lot, n I’m waiting for the MOASS then I’m out.
 

DrunkenNovice

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Just saw an article saying GME is no longer in a squeeze. I'm sure that'll trigger some selling.
 

(ALi)

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I hope GME dips to 180 and below so I can buy more. Keeps hovering at 188-190.
Frustrating.
 
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