Jan 28, 2021 8:35 PM
BrendanBooth
97379
2352
28
MoonRiverFrost
Did Anon change it like they did back in the day?
bobothemagicalgorilla
Just looked at app its back up to a 4.2 on Android wonder how that happened.
FritoParadise
Does that mean I qualify for Nascar?
Thetiredmechanic
Is Stash any good or is that just more of the same?
thegelatoking
Robinhood’s worst decision since changing to that puke green color.
Fitzapollo
fucking no joke.
Miph120
I've already started moving everything off of Robinhood. Boycott the hedge fund cock suckers.
ace5762
Dennis moore, dennis moore...
latinomartino
I hate this Sure I went to a fancy college but I recognize that loads of college grads are idiots. I hate when people use stupid like this.
theomni
They've tried to explain it, but there's no good explanation. It's protectionism, market manipulation, or liquidity issues. Or a combination
ArmitageHux
He steals from the poooooor, and gives to the riiiiich!
m00tz
That is why I'm closing my account with them.
ILikeFugu
Question: Wasn't it just stopping giving people margins to buy stock in those, and not actually buying it?
icemanch2016
That's what most brokers did. Rh blocked cash trades to.
cquintanilla2001
All I can say after beginning royaly screwed by them today is F U Robinhood
cheezmonta
JUST IN. SEC requesting blue pages from Robinhood on GME trade records.
WellWellWellLookWhoItIs
I understand all of those words on their own.
Blue Sheets are basically the internal trading records requested by the SEC. Named after the old blue carbon paper copy paper records.
WeAreOctopi
Shorting stocks is a known practice to be clear
brownribbon
What's your point?
VirtualNaut
It’s nothing to do with shorting stocks but how Robinhood blocked the ability to buy certain stocks. That’s not happened before.
nevinera
The funds make bets based on the market behavior they *expect*, and then when it doesn't behave that way they cry foul and try to leave /
/ with the ball.
solaslunas
...and?
Phinalize
Any UK peeps know a good platform for stocks and crypto? I've seen Binance mentioned a few times and was looking at Trading 212
PithyCommentBelow
My SoFi invest account kept right on trucking today. And has crypto access. Fidelity, too, but not sure about crypto access on there.
GnomeDeGuerre
They are going to find it difficult to operate in the future.
They were preparing for an IPO. Somehow I don't think it'll be happening anytime soon.
JKGoose
Robinhood could/might be held liable if people loss money, unless they have a invest at your own risk in the ULA.
Don't get me wrong here, I'm glad hedge fund managers are getting shafted, and ppl should assume the risk should they lose$.
MeAnd2Bs
There's already 2 class action law suits filed.
SnappyCrunch
There's no way their lawyers would let them do what they're doing without it being written in the EULA that they can do whatever they want.>
>It might hold up in court vs a class action, or it might not.
JustAGamerDreamin
^ Just because it's in the EULA doesn't mean they automatically get away with it. If it's illegal and people agree to it, it's not binding
TOTHEMOONINSTYLE
market manipulation is what the rich do best.
[deleted]
dontrike
Good, they can start with the hedge funds for doing that.
how dare people get together and use the stock market to.... buy stocks
tigerspacecreator
"thousands of people getting together" MFer that is the market.
Kingofthedroogs
No, they want to avoid losing their asses. They have been stealing from us for years. We did exactly what they do everyday.
Icedpryo
Robinhood is litterally owned by one of the hedge funds getting fucked over by this.
PirateOne
That was my first thought too. But the more I learn about this, the less it seems like a crime.
Basically, it’s probably not illegal if there was no intent to defraud. And it seems like they were blatantly honest from the start.
BerrysONTHEBush
The FBI will open up some investigations, im guessing way less important to them than the capitol.
ILiekToCookAndBake
SEC* and FBI
whatfloatsyourboat
Is there any risk of Robinhood running out of funds? Do I grab my money now or wait it out?
Vockstar
HOLD. THE. LINE. Just kidding I’m an ape and incapable of giving reasonable financial advice
GasBandit
Isn't that the one that the founder "died" and the keys to the kingdom disappeared?
RagtimeBetty
I have 100s of DOGE lost in a wallet that is locked behind 2fA on an app I can't recover. Im out so many pennies...10s of them at least
Kittencatcher
There is no cap we could drive it up as far as we want
dirk967
I'm calling BS
barnsandnobel
But that ain't the goal
n0n53n53
for what purpose? Are hedge funds holding shorts on crypto?
Read up on DOGE before you invest. I sold mine because of their way of investing.
They just sent an email telling me that they're doing this for our own good... The FUCK you know about MY own good?
Vojens
Starting with the fuckery with Doge coin too.
onecattwocatbigcatsmallcat
Gaslighting
marteney1
Saw that too. Fuckers
lanthanidehighway
the rich Always think they know better because to them if you're not rich obviously your life is an unending chain of bad decisions.
Recaffeinated
"It's been a tough day". Is it a tough day every time the wealthy pull the exact same shit? I doubt it
ImmaCatImmaSexyCat
"The stock you're buying is expected to increase, which no one would ever want in a stock."
beez428
"MYYY BEST INTEREST?? HOW DO YOU KNOW WHAT MY BEST INTEREST IS?"
ascook17034
Eiy
thefadedmoon
ALL I WANTED WAS A PEPSI! AND THEY WOULDN'T GIVE IT TO ME.
QuackWok
IM NOT CRAZY. YOU'RE THE ONE THAT'S CRAZY
itrynottocommentbutyoumakemecringe
OneShot510
Mannnnnn I hope they get slammed for this.
Weedies617
Bbbbbbbb buttttt slammmmmmmmedddddddd
enferno8
They got hit with a class action within hours.
RecurringNightmare
trading your own stocks instead of hiring a broker is literally claiming 'i know what im doing and when i fuck up its my fault alone'...
Thanks KY in Italy hybb KB
Greeneyedfox
Can you screenshot? Is it the limiting buying or force selling? I saw screenshots of supposed forced selling and dunno if it’s true
Thanks for sharing
HistoricalContext
A bit of both. If you used credit to purchase GME or other stocks, Robinhood will automatically sell it to protect themselves.
NiceLegsDaisyDukesMakesAMAAANOUTOFYOOOUUUU
v
c35000
Those things on their chest are called cockades.
Drosera
When I spot Javert in the wild
nonamejanie
Well that shit gave me chills.
Orein
Yeah, Les Mis is actually a great musical, once you get around whatever nonsense people gave it for starring Hugh Jackman and Russell Crowe.
I agree. They really missed the the mark on casting him.
Oh man, I thought the revolution would be much less fruity singing and more actual beatings
Qpnao
wolfdo
z4zen
What movie is this?
SmartAssWithAKeyboard
Pandaras
Les Miserables
AleksandrBlazkowicz
Les miserable
Speirs94
Les Misérables
legsliklittlespiders
Le Miserables
Mynameishug
Les miserables maybe?
Is it Les Miserables?
Les miserables
NoIdidntsayAbeLincolnIsaidHeyBlinkin
Les Miserables. I posted "One Day More" from it on my social media with the day before inauguration.
Everyone has answered, but nobody has pointed out that it is the musical that brought us the Javert memes and the Huge Jacked Man singing.
Hemelsblauw
Is above connected to this?
pygmypufftrampstamp
I was almost thinking it would be Robin Hood brand flour.
MrSatisify
RussianBotAccount3000
Katateochi
the internet; It's like a pinball machine with idiots for balls. And we just get to enjoy watching them bounce around hitting things.
williambeechrb8888
Gold!!
StorytellingSalem
Hahahahaha
AlwaysTiredLiliVonSchtupp
Apparently a bunch of ppl mistook them for the above and started sending them a bunch of hate comments. They had no clue what was going on.
Bombideer
The people behind that Robin Hood aren't much better https://www.robinhood.org/about-us/governance/index.html
BosunMark
I was looking for Sherwood Lawn Care and wound up making $350,000 in the stock market.. Internet is confusing..
qtRaven
I'll come mow your lawn for $350,000.
Folio77
Haha thats brilliant! BTW... Sherwood forest, worth a visit. Take your bike!
Fatkats93
Haha nice try. The queen owns those lands.
jon5465
That’s no way to refer to your wife.
What; filthy and locked up in my garage for the past 6 months? Seems pretty apt to me...
DonkeyKongsChargedUpArm
It’ll cost $75 to move my stocks from Robinhood to Schwab, but it’ll be worth it.
I just started and scbwab has been pretty good
CrimeBrulee
This move should be suicide for Robinhood.
yallmfsneedjesus
Been using schawb since before apps existed. Fees are worth it
grizham142
Ask Schwab to reimburse you for the move, they will
Update! They did not charge me the $75
Op19
TD Ameritrade will reimburse that fee, and Schwab owns them now so I believe you are correct
JackScagnetti1
Schwab is no better.
energizerbunnybabe
Been on Schwab all day. The online platform crashed a few times and locked me out at the rush... beware
f1ddlemethis
Any recommendation for people in Europe? Revolut isn't working for me
WellBehavedWomenRarelyMakeHistory
What about M1 finance?
denniepowers
Use e*trade
NickleBagNathaniel
IIRC Schwab took GME, AMC, and other WSB stocks off as well.
ihateregisteringforshitlikethis
THERE CALLD STONKS
upvotehypnotoad
Damn autocorrect
ConformistWithACause
They are saying if you transfer your assets could be frozen for weeks while the transfer happens
greentights
Which is nonsense. I've done stock transfers that literally take 3 days between brokerages. All of them use the same procedure. This is
Another market manipulation that will allow citadel to recoup some of their losses. Fuck Robinhood or can we start calling it Prince John ?
Lycanthian
Does schwab charge for trades? I’m trying to find someone to swap to from Robinhood, thinking webull?
WirenutsInYourButts
My understanding is that Schwab stopped charging for trades after RH came out. They used to charge a fee for non-Schwab mutual funds before.
tymeparadox
Webull suspended GME and AMC today also.
Crap...Well at least that whittles my options down
I hear good things about Fidelity. My buddy was able to buy the dip with them. Idk about fees though
ShowMeThemCatsFella
https://www.fidelity.com/stock-trading/overview
MoonRiverFrost
Did Anon change it like they did back in the day?
bobothemagicalgorilla
Just looked at app its back up to a 4.2 on Android wonder how that happened.
FritoParadise
Does that mean I qualify for Nascar?
Thetiredmechanic
Is Stash any good or is that just more of the same?
thegelatoking
Robinhood’s worst decision since changing to that puke green color.
Fitzapollo
fucking no joke.
Miph120
I've already started moving everything off of Robinhood. Boycott the hedge fund cock suckers.
ace5762
Dennis moore, dennis moore...
latinomartino
I hate this Sure I went to a fancy college but I recognize that loads of college grads are idiots. I hate when people use stupid like this.
theomni
They've tried to explain it, but there's no good explanation. It's protectionism, market manipulation, or liquidity issues. Or a combination
ArmitageHux
He steals from the poooooor, and gives to the riiiiich!
m00tz
That is why I'm closing my account with them.
ILikeFugu
Question: Wasn't it just stopping giving people margins to buy stock in those, and not actually buying it?
icemanch2016
That's what most brokers did. Rh blocked cash trades to.
cquintanilla2001
All I can say after beginning royaly screwed by them today is F U Robinhood
cheezmonta
JUST IN. SEC requesting blue pages from Robinhood on GME trade records.
WellWellWellLookWhoItIs
I understand all of those words on their own.
cheezmonta
Blue Sheets are basically the internal trading records requested by the SEC. Named after the old blue carbon paper copy paper records.
WeAreOctopi
Shorting stocks is a known practice to be clear
brownribbon
What's your point?
VirtualNaut
It’s nothing to do with shorting stocks but how Robinhood blocked the ability to buy certain stocks. That’s not happened before.
nevinera
The funds make bets based on the market behavior they *expect*, and then when it doesn't behave that way they cry foul and try to leave /
nevinera
/ with the ball.
solaslunas
...and?
Phinalize
Any UK peeps know a good platform for stocks and crypto? I've seen Binance mentioned a few times and was looking at Trading 212
PithyCommentBelow
My SoFi invest account kept right on trucking today. And has crypto access. Fidelity, too, but not sure about crypto access on there.
GnomeDeGuerre
They are going to find it difficult to operate in the future.
cheezmonta
They were preparing for an IPO. Somehow I don't think it'll be happening anytime soon.
JKGoose
Robinhood could/might be held liable if people loss money, unless they have a invest at your own risk in the ULA.
JKGoose
Don't get me wrong here, I'm glad hedge fund managers are getting shafted, and ppl should assume the risk should they lose$.
MeAnd2Bs
There's already 2 class action law suits filed.
SnappyCrunch
There's no way their lawyers would let them do what they're doing without it being written in the EULA that they can do whatever they want.>
SnappyCrunch
>It might hold up in court vs a class action, or it might not.
JustAGamerDreamin
^ Just because it's in the EULA doesn't mean they automatically get away with it. If it's illegal and people agree to it, it's not binding
TOTHEMOONINSTYLE
market manipulation is what the rich do best.
[deleted]
[deleted]
dontrike
Good, they can start with the hedge funds for doing that.
solaslunas
how dare people get together and use the stock market to.... buy stocks
tigerspacecreator
"thousands of people getting together" MFer that is the market.
Kingofthedroogs
No, they want to avoid losing their asses. They have been stealing from us for years. We did exactly what they do everyday.
Icedpryo
Robinhood is litterally owned by one of the hedge funds getting fucked over by this.
PirateOne
That was my first thought too. But the more I learn about this, the less it seems like a crime.
PirateOne
Basically, it’s probably not illegal if there was no intent to defraud. And it seems like they were blatantly honest from the start.
BerrysONTHEBush
The FBI will open up some investigations, im guessing way less important to them than the capitol.
ILiekToCookAndBake
SEC* and FBI
whatfloatsyourboat
Is there any risk of Robinhood running out of funds? Do I grab my money now or wait it out?
Vockstar
HOLD. THE. LINE. Just kidding I’m an ape and incapable of giving reasonable financial advice
[deleted]
[deleted]
GasBandit
Isn't that the one that the founder "died" and the keys to the kingdom disappeared?
RagtimeBetty
I have 100s of DOGE lost in a wallet that is locked behind 2fA on an app I can't recover. Im out so many pennies...10s of them at least
Kittencatcher
There is no cap we could drive it up as far as we want
dirk967
I'm calling BS
barnsandnobel
But that ain't the goal
n0n53n53
for what purpose? Are hedge funds holding shorts on crypto?
JKGoose
Read up on DOGE before you invest. I sold mine because of their way of investing.
n0n53n53
They just sent an email telling me that they're doing this for our own good... The FUCK you know about MY own good?
Vojens
Starting with the fuckery with Doge coin too.
onecattwocatbigcatsmallcat
Gaslighting
marteney1
Saw that too. Fuckers
lanthanidehighway
the rich Always think they know better because to them if you're not rich obviously your life is an unending chain of bad decisions.
Recaffeinated
"It's been a tough day". Is it a tough day every time the wealthy pull the exact same shit? I doubt it
ImmaCatImmaSexyCat
"The stock you're buying is expected to increase, which no one would ever want in a stock."
beez428
"MYYY BEST INTEREST?? HOW DO YOU KNOW WHAT MY BEST INTEREST IS?"
ascook17034
Eiy
thefadedmoon
ALL I WANTED WAS A PEPSI! AND THEY WOULDN'T GIVE IT TO ME.
QuackWok
IM NOT CRAZY. YOU'RE THE ONE THAT'S CRAZY
itrynottocommentbutyoumakemecringe
OneShot510
Mannnnnn I hope they get slammed for this.
Weedies617
Bbbbbbbb buttttt slammmmmmmmedddddddd
enferno8
They got hit with a class action within hours.
RecurringNightmare
trading your own stocks instead of hiring a broker is literally claiming 'i know what im doing and when i fuck up its my fault alone'...
ascook17034
Thanks KY in Italy hybb KB
Greeneyedfox
Can you screenshot? Is it the limiting buying or force selling? I saw screenshots of supposed forced selling and dunno if it’s true
[deleted]
[deleted]
Greeneyedfox
Thanks for sharing
HistoricalContext
A bit of both. If you used credit to purchase GME or other stocks, Robinhood will automatically sell it to protect themselves.
NiceLegsDaisyDukesMakesAMAAANOUTOFYOOOUUUU
c35000
Those things on their chest are called cockades.
Drosera
When I spot Javert in the wild
nonamejanie
Well that shit gave me chills.
Orein
Yeah, Les Mis is actually a great musical, once you get around whatever nonsense people gave it for starring Hugh Jackman and Russell Crowe.
nonamejanie
I agree. They really missed the the mark on casting him.
n0n53n53
Oh man, I thought the revolution would be much less fruity singing and more actual beatings
Qpnao
wolfdo
z4zen
What movie is this?
SmartAssWithAKeyboard
Pandaras
Les Miserables
AleksandrBlazkowicz
Les miserable
Speirs94
Les Misérables
legsliklittlespiders
Le Miserables
Mynameishug
Les miserables maybe?
z4zen
Is it Les Miserables?
nonamejanie
Les miserables
NoIdidntsayAbeLincolnIsaidHeyBlinkin
Les Miserables. I posted "One Day More" from it on my social media with the day before inauguration.
Orein
Everyone has answered, but nobody has pointed out that it is the musical that brought us the Javert memes and the Huge Jacked Man singing.
Hemelsblauw
pygmypufftrampstamp
I was almost thinking it would be Robin Hood brand flour.
MrSatisify
nonamejanie
RussianBotAccount3000
Katateochi
the internet; It's like a pinball machine with idiots for balls. And we just get to enjoy watching them bounce around hitting things.
williambeechrb8888
Gold!!
StorytellingSalem
Hahahahaha
AlwaysTiredLiliVonSchtupp
Apparently a bunch of ppl mistook them for the above and started sending them a bunch of hate comments. They had no clue what was going on.
Bombideer
The people behind that Robin Hood aren't much better https://www.robinhood.org/about-us/governance/index.html
BosunMark
I was looking for Sherwood Lawn Care and wound up making $350,000 in the stock market.. Internet is confusing..
RussianBotAccount3000
qtRaven
I'll come mow your lawn for $350,000.
Folio77
Haha thats brilliant! BTW... Sherwood forest, worth a visit. Take your bike!
Fatkats93
Haha nice try. The queen owns those lands.
jon5465
That’s no way to refer to your wife.
Folio77
What; filthy and locked up in my garage for the past 6 months? Seems pretty apt to me...
jon5465
DonkeyKongsChargedUpArm
It’ll cost $75 to move my stocks from Robinhood to Schwab, but it’ll be worth it.
icemanch2016
I just started and scbwab has been pretty good
CrimeBrulee
This move should be suicide for Robinhood.
yallmfsneedjesus
Been using schawb since before apps existed. Fees are worth it
grizham142
Ask Schwab to reimburse you for the move, they will
DonkeyKongsChargedUpArm
Update! They did not charge me the $75
Op19
TD Ameritrade will reimburse that fee, and Schwab owns them now so I believe you are correct
JackScagnetti1
Schwab is no better.
energizerbunnybabe
Been on Schwab all day. The online platform crashed a few times and locked me out at the rush... beware
f1ddlemethis
Any recommendation for people in Europe? Revolut isn't working for me
WellBehavedWomenRarelyMakeHistory
What about M1 finance?
denniepowers
Use e*trade
NickleBagNathaniel
IIRC Schwab took GME, AMC, and other WSB stocks off as well.
ihateregisteringforshitlikethis
THERE CALLD STONKS
upvotehypnotoad
Damn autocorrect
ConformistWithACause
They are saying if you transfer your assets could be frozen for weeks while the transfer happens
greentights
Which is nonsense. I've done stock transfers that literally take 3 days between brokerages. All of them use the same procedure. This is
greentights
Another market manipulation that will allow citadel to recoup some of their losses. Fuck Robinhood or can we start calling it Prince John ?
Lycanthian
Does schwab charge for trades? I’m trying to find someone to swap to from Robinhood, thinking webull?
WirenutsInYourButts
My understanding is that Schwab stopped charging for trades after RH came out. They used to charge a fee for non-Schwab mutual funds before.
tymeparadox
Webull suspended GME and AMC today also.
Lycanthian
Crap...Well at least that whittles my options down
tymeparadox
I hear good things about Fidelity. My buddy was able to buy the dip with them. Idk about fees though
ShowMeThemCatsFella
https://www.fidelity.com/stock-trading/overview