Transfer Stocks Out of Your Robinhood Account
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Transfer Stocks Out of Your Robinhood Account
1–10 of 270 posts
Re: Transfer Stocks Out of Your Robinhood Account
#2[deleted]
Re: Transfer Stocks Out of Your Robinhood Account
#3The fact that so many of these bandwagoners didn't understand what a margin call is demonstrates that Robinhood was right to save them from themselves.
Re: Transfer Stocks Out of Your Robinhood Account
#4The fact that so many of these bandwagoners didn't understand what a margin call is demonstrates that Robinhood was right to save them from themselves.
then again, it was not its job
Re: Transfer Stocks Out of Your Robinhood Account
#5The fact that so many of these bandwagoners didn't understand what a margin call is demonstrates that Robinhood was right to save them from themselves.
Melvin Capital got the margin call. Presumably they were already familiar with the concept.
https://www.bloomberg.com/news/articles/2021-01-25/citadel-p...
Re: Transfer Stocks Out of Your Robinhood Account
#6Will this be like #deleteUber where enough damage can be made by #deleteRobinhood ?
Re: Transfer Stocks Out of Your Robinhood Account
#7The fact that so many of these bandwagoners didn't understand what a margin call is demonstrates that Robinhood was right to save them from themselves.
GME is sitting pretty at $312 after hours. What did they get saved from?
Re: Transfer Stocks Out of Your Robinhood Account
#8The fact that so many of these bandwagoners didn't understand what a margin call is demonstrates that Robinhood was right to save them from themselves.
You’re joking or delusional.
Re: Transfer Stocks Out of Your Robinhood Account
#9I've read that you shouldn't do this because it will tie things up for a while. Liquidating the stock and moving your assets apparently is more immediate.
Can someone confirm?
Re: Transfer Stocks Out of Your Robinhood Account
#10It's been a while since I did this, but last time I transferred shares from one brokerage to another, it took several days.
It seems to me that if you are holding GME, the last possible thing you want is being stuck in a position for a while.
For this particular case, it might be a better choice is to liquidate your position, cash out and just open another brokerage account. I know this is the total opposite of what the WSBs are looking for but the alternative is transferring a position with $50k and when you can trade again its only worth $500.