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Robinhood Caps Maximum Holdings In 36 Stocks To Just One Share
Nation and State ^ | 01/29/2021 | Tyler Durden

Posted on 01/29/2021 7:44:19 PM PST by SeekAndFind

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To: Fido969

There is I believe insurance through the Securities Investors Protection Corp. for up to $ 500,000 per account.


41 posted on 01/30/2021 2:24:14 AM PST by Freedom of Speech Wins
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To: Gideon7

It says shares in the sentence with position limits so that means stocks.

Options trade in contracts, not shares.


42 posted on 01/30/2021 2:26:47 AM PST by Freedom of Speech Wins
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To: cp124

Not if they limit customers to buying one solar panel.


43 posted on 01/30/2021 2:31:19 AM PST by Freedom of Speech Wins
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To: SeekAndFind

44 posted on 01/30/2021 2:41:12 AM PST by Bobalu (When I die I want to be buried in Chicago so I can stay active in politics)
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To: Husker24

If they seize 401ks that will bring on revolution.

I’m not even sure THAT would do it.


45 posted on 01/30/2021 3:56:02 AM PST by a real Sheila (Eff the Left)
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To: SeekAndFind

Robinhood in reverse.

Stealing from the poor, giving to the rich.


46 posted on 01/30/2021 3:58:34 AM PST by Fresh Wind (Joe Biden: The best president Chinese money can buy.)
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To: Fido969

The PTB, Billionaires were shorting the stock. The kids decided to buy to show them up and take them to the cleaners. Now the PTB are stuck for the cash to make good on that difference. It’s costing them billions! LOL I think it’s hilarious. It calls out Wall Street as the exclusives only profit making scheme it is. God forbid the peasants should make a profit.


47 posted on 01/30/2021 4:02:48 AM PST by WWG1WWA (Beware the fury of a patient man. -John Dryden )
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To: A child of Yah

That’s funny.


48 posted on 01/30/2021 4:37:49 AM PST by Fido969 (,i.)
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To: Fido969
The clearinghouse could be backed up, limiting the trades they’ll take, thatvwpukd cause RH to limit customer activity, but how would that drain Robinhood?

My understanding is that a major way RH made their money was to loan out the shares held by the users of the app. Thus with the flash mob grabbing shares through RH, and after annoying much of their users by trying to protect those they loaned the shares to, RH is now in a short squeeze themselves. If you sell your shares from RH then buy them somewhere else RH has to produce the shares from somewhere, to send them to your new location.

49 posted on 01/30/2021 5:02:48 AM PST by Fraxinus (My opinion, worth what you paid.)
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To: Fido969
'RH promised its customers a vehicle to level the playing field with the big guys, when, in fact, they were shearing them with HFT scrapes and selling their personal information.'

That's why we got no commissions on trades, thanks to RH. The big problem for RH is they are in the process of having a ipo in a few weeks. Talk about a mess.

50 posted on 01/30/2021 5:56:06 AM PST by Theoria (I should never have surrendered. I should have fought until I was the last man alive)
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To: A child of Yah

Is that guy a comedian at a comedy club or a real broker?


51 posted on 01/30/2021 6:00:52 AM PST by JohnnyP (Thinking is hard work (I stole that from Rush).)
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To: irishjuggler

Considering GMs announcement they want to 100% electric by 2035, YES they are an iffy stock!


52 posted on 01/30/2021 6:09:24 AM PST by 100%FEDUP (I'm seeing RED!)
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To: The Antiyuppie

“ 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”.

Probably


53 posted on 01/30/2021 6:15:40 AM PST by kjam22
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To: SeekAndFind

Those trading for free on an app are now upset things went to pot. Shocking.


54 posted on 01/30/2021 6:18:05 AM PST by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: jdsteel

I’m thinking Pres. Skroob.


55 posted on 01/30/2021 6:19:56 AM PST by mewzilla (Break out the mustard seeds. )
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To: JohnnyP

***Is that guy a comedian at a comedy club or a real broker?***

That guy laughing his head off is Spanish comedian and actor Juan Joya Borja, better known by his nickname “El Risitas” (”The Giggles”) stemming from his signature laughter...(from what I’ve searched on DDGo)

He is used in a lot of videos/memes, but with different translations of what he is actually saying.


56 posted on 01/30/2021 8:52:00 AM PST by A child of Yah (I once was lost, but now I'm found, twas grace that set me free ... thank you LORD)
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To: SeekAndFind
there is the possibility that the liqudity shortfall goes as far as the clearinghouses.

initial margin in the system needs to rise by about 6 times to make the system "safe"

There! That's putting into words my nagging gut feeling. but now I think being mostly in cash is about to not matter at all. The Dems will need an enemy to flog in order to beat this one - but the war card may have been overused.

I regret the day I decided to buy another house in the burbs instead going off grid at least 2 hours drive upwind and up-watershed from any large city/military base.

57 posted on 01/30/2021 9:50:10 AM PST by no-s (Soap box, ballot box, jury box, cartridge box...you know how it goes...)
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To: roadcat
I sold all my stock right after New Years Day.

Good decision. I smell a crash coming, and sold off 2/3rds of my stock holdings. .

We may have to find something better than cash. I suspect someone somewhere in the Fed is thinking, "gee, if we just beef up the money supply 10x, large entities can sequester the 0% interest cash for margin requirements and the average guy will be none the wiser because total cash in circulation will remain the same," neglecting the stagflation of course. Our esteemed Democrat overlords will be happy to grasp at any straws that keep the popular narrative averted away from culpability in the elite...

58 posted on 01/30/2021 10:02:52 AM PST by no-s (Soap box, ballot box, jury box, cartridge box...you know how it goes...)
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To: no-s
We may have to find something better than cash.

Everyone is scrambling around saying the same thing. Cash is a handy tool, except the powers-that-be want an ever larger slice of it for themselves. As a store of value, is becoming worthless. Convenient to use, but losing value. The way Dictator Biden is going, they're printing excessive amounts of dollars with nothing to back it up and hyper-inflation is coming. As it goes digital, more gets stolen by government. We're screwed.

As for alternative stores of value, there's land, metals, and other natural forms of value. But the government will always want their cut. As for the stock market, after the crash I'll buy back into it with what remaining money I have, and hope for a better government in the future.

59 posted on 01/30/2021 10:36:32 AM PST by roadcat
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To: SeekAndFind

I had an account where I had invested $500 a few years ago and bought AMD stock. I sold 3 weeks ago and then a few days ago I transferred my now $1,259.43 to my bank account leaving $0 in the Robinhood account. I will close out the account as soon as the money shows up at my bank. I hope others do so as Robinhood may go bankrupt.

I use Ameritrade now as my broker which had bought Scottrade which was my past broker. Then they were bought by Charles Schwab.


60 posted on 01/30/2021 6:30:03 PM PST by minnesota_bound (I need more money. )
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