Posted on 01/29/2021 7:44:19 PM PST by SeekAndFind
Fake elections
Fake stock market
Fake brokerages
GM?????
And totally fake bankruptcies
RH is apparently King John.
GM? General freakin’ Motors is too “speculative” for Robin Hood clients to trade? Starbucks? Seriously. Why anyone would do business with this clown operation Robinhood is beyond me now that they’ve pulled this crap.
But I hope this isn’t a harbinger of Phase II of the Great Socialist Reset. Things are getting weird, and I start to wonder what’s next. The left has long fantasized about seizing IRAs, 401Ks etc and redistributing the assets to the Social Security system, etc. This may be the latest “Reichstag Fire” to pull some kind of crap like that on us.
GTE - I had to look that one up. Looks like it’s 59 cents a share, which is close to its 6 month high. Might as well play the nickle slots at the Indian casino up the road.
Robin Hood....Men In Stripes.
Apologies to Mel Brooks.
The table below shows the maximum number of shares and options contracts to which you can increase your positions.
Wait, aren't 'positions' the placing of complex bets such as short sales and option, not just the simple buying and selling stock? (Hence the reference to 'closing positions'.)
I don't read this as prohibiting simple purchases.
These guys are toast. None of their customers will ever trust them again.
Here’s a scary thought. Robinhood is borrowing to stay liquid? If Robinhood goes broke... do all the positions held by its customers become worthless?
Good ones in my opinion: KOSS, GMS, AMC and possibly BBBY (Bed Bath and Beyond)
If they seize 401ks that will bring on revolution.
Clarity- rigged stock market good... (unless you’re a hobbit)
Fake viruses.
I sold all my stock right after New Years Day. Nearly all were at a high point at the time (in relation to the purchase point). Now, 1/3 is in cash in Jumbo MMA’s. 1/3 in hard Gold. 1/3 in hard silver. All cashed out before this fiasco which very well could lead to a market meltdown.
No one with an IQ above moron should ever do business with these people. What a complete joke. Yeah, maybe the kids in mom’s basement, but that’s really risking the weed money.
I would theorize that they have been purchased already by the people who are “in trouble”...and if they get sued to bankruptcy, it would still be the cheapest way to solve “the problem”.
Here’s a thought... is this just a ruse to panic folks into selling to drive the price down so that the short sellers can cover their positions at a lower price? I have to wonder...
That can't be good.
Hey, weren't they supposed to crash the market BEFORE the election, like in 2008?
If a brokerage offers you free trading, then I guess you get what you’re paying for.
A position is any investment position. Shares of stock can be a position. Cash or a money market account can be a position. It doesn’t have to be fancy instruments.
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