Is RH Insolvent?

[Anonymous No.27113823]

Hey, remember how there were was an online platform that became involvement regarding crypto? I think that it was MNT Gox or something.

Is RH likely insolvent as in people should pull their money/positions out?

What would happen if there was a was a run on Robin Hood?

[Anonymous No.27113908]

>>27113823
Robinhood is fucking done...

[Anonymous No.27113931]

>>27113823
queue pink wojacks in 5...

[Anonymous No.27114059]

if you're in robinhood, bank run on everything except GME AMC NOK

[Anonymous No.27114062]

>>27113823
Can you imagine what's happening in their offices right now lmao

[Anonymous No.27114160]

Sold all my shares on RH this morning. Have to wait 2 trading days until I can pull my money out though

[Anonymous No.27114200]

The run is next week. Let's teach these fuckers not to mess with our shekels

[Anonymous No.27114304]

>>27113823
based banned anon

i was banned too. fuck reddit

[Anonymous No.27114410]

I'm not a financial advisor. Having said that FUCKING PULL OUT OF RH YESTERDAY. FUCKING DO IT. YOU'RE HANGING ON BY A THREAD MOTHEFUCKERS WHAT'S WRONG WITH YOU

[Anonymous No.27114536]

>>27114410
how can you pull out when you have gme shares? wtf...sell them early like an idiot?

[Anonymous No.27114537]

Can I transfer my shares to schwab by monday?

[Anonymous No.27114584]

>>27114536
Transfer if you can.

[Anonymous No.27114638]

>>27113823
they would sell your shares without your consent because they dont actually need it

read the fine print

they can liquidate anything at any time including borrowing any and all money/stocks/options you have with them and return them at a later date without interest

if they become insolvent TRULY, they will liquidate everything to balance their primary market associates and then declare bankruptcy, all while taking 0 personal accountability or loss, and then in a year reopen under a new leadership and name but with the same old guard pulling the strings

their customers will lose everything, they will lose nothing

they will liquidate all of your capital, borrow it, pay their MM associates, then bail, leaving you with nothing but a lawsuit that will be discarded after they declare bankruptcy

[Anonymous No.27114755]

>>27114537
takes 7 days

[Anonymous No.27114757]

>>27114638
Yes exactly this. They will dump everything.

[Anonymous No.27114763]

>>27113823
Fuck mtgox the nips made off with my whole bitcoin at the time when they went bankrupt

[Anonymous No.27114764]

>>27114638
This, you're about to lose all your money.

[Anonymous No.27114858]

>>27114160
You have to wait for that in every cash account. Look up unsettled vs settled funds.

[Anonymous No.27114873]

>>27114536
Transfer, or sell and then immediately buy again on another platform.

[Anonymous No.27115027]

>>27114638

[Anonymous No.27115283]

>>27114755

are you fucking kidding me

[Anonymous No.27115334]

RH is hitting limits set in place by dod-frank

[Anonymous No.27115533]

CASH IT TONIGHT

[Anonymous No.27115597]

>>27114858
ironically xrp would solve this

[Anonymous No.27115846]

Yes.
That's why they're running to banks for cash.
Things are going to get really wild.

[Anonymous No.27115942]

where should I go? etrade?

[Anonymous No.27116010]

I have a shitload of CCIV options, it's fucking billshit that they can manipulate the price like this.

CCIV is a solid buy, it looks like the Lucid motors deal is going through, it'll be an easy 10x

[Anonymous No.27116024]

>>27115942
TDA

[Anonymous No.27116639]

fidelity good? also does it cost anything to transfer my stuff from robinhood?

[Anonymous No.27116775]

>>27116639
75 dollars

[Anonymous No.27117018]

So I bought Tesla when it was cheap using RH. Can I transfer my position to a new brokerage company?

[Anonymous No.27117105]

>>27117018
Yup

[Anonymous No.27117262]

>>27114584
How long does it take? If it's so long, that the squeeze is squoze, I'm still certain to get fucked.

[Anonymous No.27117399]

>>27114638
One correction. Robinhood is a member of SIPC which will protect your account up to 500k and 250k in pure cash. Which means for most people, they will get insurance from the government for this.

https://www.sipc.org/for-investors/what-sipc-protects

[Anonymous No.27117523]

>>27114304
me too.

[Anonymous No.27117619]

>>27114638
That can't possibly be possible. You own the stocks, not them.

[Anonymous No.27117654]

>>27114638
This

[Anonymous No.27117685]

>>27117399
After tip and tax right?

[Anonymous No.27117726]

>>27117399
Well it's the same shit almost. The positions still get dumped. GME still tumbles.

[Anonymous No.27117754]

>>27114638
This is what I'm worried about, I'm waiting for my funds to come in, and it seems like every day I can't pull out is another day closer to losing it all

[Anonymous No.27117806]

>>27117619
You dont own nothin goyim

[Anonymous No.27117816]

>>27114536
If you have gme shares, stay in, youre insured. If your portfolio is crypto, GET THE FUCK OUT NOOOOOOOOOWWWW

[Anonymous No.27117864]

>>27113823
RH can't do what Gox did because RH is federally insured. If they skip town, the government would have to pay out what RH owes and then they'd go after RH's heads.

[Anonymous No.27117901]

>>27117262
7-10 days

[Anonymous No.27118480]

>>27117901
Well then I guess I'll just hold to the bitter end and watch it all play out. There is no course to steer, what will happen will happen.

[Anonymous No.27118558]

Now it looks like people can't purchase $ZOM as well.

[Anonymous No.27118703]

https://blog.robinhood.com/

Damage is already done.

[Anonymous No.27118795]

>>27117816
Why crypto particularly

[Anonymous No.27118849]

>>27113823

[Anonymous No.27118951]

>>27118558
check the list here>>27116506
, robinhood has gone full retard

[Anonymous No.27119802]

>>27118795
It’s not insured, can you read faggot

[Anonymous No.27119899]

Bad goyim! Leave your shekels in the account!