/biz/ - Business & Finance

Who the fuck is still using Robinhood? This company won't even exist by the end of the week.

PSA: Charles Schwab doesn't tell you what you can buy with your money.

>>27291794
I am using it :) too lazy and stupid to bother moving my crap off it

>>27291891
Then don't whine here once RH goes tits up.

>>27291955
well that would definitely force me off it do they take my stonks with them or how does that work

>>27290211
>700
are we saved, BB bros?

>>27291794
>>27291955
What should I use instead of RH?

>>27292192
You still keep them and are insured up to 250k. It's not fdic banking insured if the value drops, but it is insured in the sense that just because your broker dies you still have your shares. You own them, not robinhood

>>27292192
Not knowing how fucked you would be in that case already shows how clueless you are. >>27292972 is correct, though, there's a certain level of insurance.

>>27292897
I can only tell from hearsay since I use neither platforms, but alot of people apperently tranfer to Fidelity and say good things about it. They also don't have gay buying stops.

>>27290211
>NOK still restricted
this is fucking bullshit
REEEEEEEEEEEEEEEEEEEE

How is this not illegal?

>>27290211
nok fags blown the fuck out, buy as much as you want haha

>1
HAHAHAHA

>>27290211

What is a good alternative to Robinhood?

Asking for a friend.

>>27291891
Here ya go. Good read. I like Robinhood for the simple stuff. Hope it doesn't go bankrupt over a bunch of Reddit retards thinking they are Warren Buffett in a week.

https://www.investingsimple.com/robinhood-out-of-business/

>>27293762
ameritrade

>>27293063
The problem is that a newfags want to get in but traditional brokerage accounts take days to set up and get verified and even longer to transfer money into it by that time the gravy train has passed. Rh takes 10 minutes to set up and lets you have access to a grand right off the bat. Luckily i have a vanguard account already for my roth ira and and boomer stocks but it sucks for day trading

>>27290211
>One share of GME
So how scared are they?

>>27293120
if everyone shut up about it it wouldnt be. theyre literally skimming SM for EVERYTHING being discussed and restricting it, meme pump or not.

>>27293397
Because bankers own our politicians
You think people like Clinton/Yelen/etc got paid 200k to give a 40 min speech to bank execs over and over with no strings attached?

>>27290211
NOK NOK

So it's basically GME, AMC & somehow Koss

this is pretty much guaranteeing that NOK pumps tomorrow. Hope u fags bought the dip on friday

I created a Fidelity account today. Once all my funds are made available in RH I will be transferring everything over. FU RH.

>>27290211
Pro tip

You can buy an in the money call, immediately exercise and receive gamestop shares. Repeat this as many times as required

If you don't want 100 shares then just sell some after exercising

Obviously you will need a lot of cash on account to do this, roughly 30k

>>27290211
How is this not completely illegal. Torches Pitchforks and ropes when?

>>27290211
Silver fags, notice that $SLV and $PSLV aren't on there. Silver is a distraction from $GME.

>>27297176
Why would it be illegal?

So basically they made a list of stuff to buy, right?

>>27292897
I moved to fidelity, the UI is kinda boomerish but so far it looks like there are no restrictions.

>>27290211
2k NOK?
Sounds like its gonna rocket on monday then

>>27297646
but do they allow fractional investing? just curious, I do like a lot of features robinhood gave to individual investors. Also, idk about hidden fees.

>>27296947
>roughly 30k

>>27298185
just checked and it looks like you can definitely buy fractional shares. Also there appears to be no fees on trades.

>bought into EXPR/BB at 10/24
Why was I put on this earth? Just to suffer?