i know, i just entertained the other thing for a second. its funI think he meant $12,000 per share would reap him $600,000. That’s still life changing for him and many others.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
but ok
Vinny Lupton
Superstar
Jim Cramer is a bytch
Fellas I'm a newbie and I trust y'all.. I can feel it in my gut that this thing will pop off soon. The only thing I'm afraid of is when this thing gets at a crazy share price that Cash app will pull some sort of Bs on me. Like it hits 50k and I try to sell some off and collect and for whatever reason they won't let me.. I'm sure Cash App has never dealt with anything of this magnitude before.
Also in the same boat. It may not set me up for life, but it would knock out the rest of my debt. I can get the car I really want and a down payment on a house. With what's left I may put that in my 401k.
I Really Mean It
Veteran
I wouldn’t try to withdraw your cash immediately. Just do it in small sums. That’s how I’m treating the selling process, too; as it reaches parabolic heights, I’ll sell 10 of my 500 shares to test the waters. You should also record a video of you logging into cashapp and viewing your balance. I’ve done it for my holdings, and I intend to do it for my cash balance when I start selling my shares. I also downloaded my account statement (only March is available, right now) as paper evidence of my holdings.
I think this is far too monumental for them to pull any shady business. Too many investors and too many eyes, some of which from the feds. I think we will be alright, but better safe than sorry.
nikka I'd be beside myself
I tried to initiate a transfer through TD Ameritrade but I couldn't find the associated broker for Cashapp. Will try again today.
Aprogressivone
Developers are the new Rockstars
Since you admitted to being a newbie I will tell you this. Get your investments off Cash App and onto a more mature "boomer boring" platform. Vanguard, Charles Schwab, Fidelity etc. You can have Cash App them move your stock assets directly over to another account of your choosing. Robinhood and Cash App is a blessing and curse as it gets younger investors into the game.
https://cash.app/help/us/en-us/5026-transferring-stock-to-another-broker-dealer
also this comment is from reddit
"The link that was shared just above worked perfectly well
just understand that this will prevent you from ever buying stocks on cashapp again. And whatever is currently in your cashapp portfolio will stay there forever as if you still own it, but you don’t."Basically you will still see it in your cashapp but it won't actually be there. It will actually be in your other brokerage.
Bet good looking out broI wouldn’t try to withdraw your cash immediately. Just do it in small sums. That’s how I’m treating the selling process, too; as it reaches parabolic heights, I’ll sell 10 of my 500 shares to test the waters. You should also record a video of you logging into cashapp and viewing your balance. I’ve done it for my holdings, and I intend to do it for my cash balance when I start selling my shares. I also downloaded my account statement (only March is available, right now) as paper evidence of my holdings.
I think this is far too monumental for them to pull any shady business. Too many investors and too many eyes, some of which from the feds. I think we will be alright, but better safe than sorry.
I would literally be beside myself because I'd have a statue of myself built right in front of the cribnikka I'd be beside myself
Ezekiel 25:17
Veteran
You gotta believe
