If this person had a margin account, RH might be in the clear as per their TOS. If it was in a cash account, I'd lawyer up faster than I'd blow a nut at the prospect of banging 90s Cindy CrawfordGuitarsoup said:
If this person had a margin account, RH might be in the clear as per their TOS. If it was in a cash account, I'd lawyer up faster than I'd blow a nut at the prospect of banging 90s Cindy CrawfordGuitarsoup said:
Photoshop? This and the tweet above show same time, price and number of shares. But one is a screenshot and other is picture of PC screen. Why pass around two versions of the photo? I don't think anybody can trust any information on this situation unless they get it directly.Guitarsoup said:
Pretty sure they will just bribe whoever they need to. Probably a good Obama judge or two floating around SDNY territory who would be happy to dismiss it.djmeen95 said:
The lawsuits resulting from today will be plentiful and entertaining. I imagine discovery alone will be worth the price of admission!
Robinhood....
If it was a margin issue, is it typical to liquidate mid-day?Irish 2.0 said:If this person had a margin account, RH might be in the clear as per their TOS. If it was in a cash account, I'd lawyer up faster than I'd blow a nut at the prospect of banging 90s Cindy CrawfordGuitarsoup said:
That is at the lowest price of the day and the exact time there was a flash down to around 113.Irish 2.0 said:If this person had a margin account, RH might be in the clear as per their TOS. If it was in a cash account, I'd lawyer up faster than I'd blow a nut at the prospect of banging 90s Cindy CrawfordGuitarsoup said:
That person might have had call options they bought when it was 300ish. He could have gotten margin called during the flash down.TChaney said:That is at the lowest price of the day and the exact time there was a flash down to around 113.Irish 2.0 said:If this person had a margin account, RH might be in the clear as per their TOS. If it was in a cash account, I'd lawyer up faster than I'd blow a nut at the prospect of banging 90s Cindy CrawfordGuitarsoup said:
The other issue is they sold at the low point of the day, during a volume flash down.Irish 2.0 said:
I'm not sure. I haven't touched any of these short squeeze plays. I'm just saying RH's ass might be covered in this situation if the person's account, assuming it's not fake, was a margin account. TOS give lots of leeway and I'm still yet to know one person that has ever read them that isn't a lawyer employed by the company putting them out. If it's a cash account, there is no standing to sell a position
OA told me that recorded version not available until a few days later.Danwell Home said:
Been busy so not sure if this has been covered. How early will we be able to review the recorded seminar today? I'll be in a meeting for part of the beginning
I have had tremendous success farming profits and reducing cost basis by selling covered calls at $1, $1.5 and I even sold a big chunk of Feb 2s for 0.90 this morning.K-Bob said:
What is everybody's plan on SNDL?
I am in at .5751, but I am wanting to lock in some gains and start going towards net free. Help would be appreciated.
gotsand said:
If this is a typical agreement for margin accounts, it appears that they can liquidate when and how they see fit.
You going to get sued for libelFbgTxAg said:
Robinhood just did to their customers what Dominion did to voters in November.
Yep, this! I was going to let mine get called out, but actually bought more (the premiums are awesome when it rips). I plan to hold for a while now, it feels like a free money play (if there is such a thing).CPDAggie10 said:I have had tremendous success farming profits and reducing cost basis by selling covered calls at $1, $1.5 and I even sold a big chunk of Feb 2s for 0.90 this morning.K-Bob said:
What is everybody's plan on SNDL?
I am in at .5751, but I am wanting to lock in some gains and start going towards net free. Help would be appreciated.
Example in your case you could sell the Feb $1 for 0.30 or the $1.5s for 0.25 right now.
That's outstandingGuitarsoup said:
Closed out my loss in AMC and win in Express and used that to buy my initials: TGC at $1.70 today.
Currently $3.42.
I thought they died back last spring when they crashed during the spike in volatility trading but here we are again... Just too convenient for newbies.Brian Earl Spilner said:
Robinhood died today. Right?
Their IPO is not gonna go well.
It'll go fine. Plenty of stupid people out there that will stay on their and WeBull's platform because they don't know any differentBrian Earl Spilner said:
Robinhood died today. Right?
Their IPO is not gonna go well.
Engine10 said:
Y'all see that mini model T on $Stock to not be named? Damn near perfect
ThisFitch said:I thought they died back last spring when they crashed during the spike in volatility trading but here we are again... Just too convenient for newbies.Brian Earl Spilner said:
Robinhood died today. Right?
Their IPO is not gonna go well.
Irish 2.0 said:gotsand said:
If this is a typical agreement for margin accounts, it appears that they can liquidate when and how they see fit.
Get what you pay for with your broker.
There is a time and place to be cheap. Protecting your capital isn't one of the times to be cheap.
Just turn off the margin. They can't force you to have a margin account. They kept everyone to the PDT rule regardless of cash or margin account though from what I have heard.NRD09 said:Irish 2.0 said:gotsand said:
If this is a typical agreement for margin accounts, it appears that they can liquidate when and how they see fit.
Get what you pay for with your broker.
There is a time and place to be cheap. Protecting your capital isn't one of the times to be cheap.
I think every robinhood acct is a margin account. I know i didn't get the option to opt out of margin approval when i signed up, and when i tried to convert it to a cash account there wasn't a way