The AMC Stock Discussion Thread

JackRoss

Veteran
Joined
Jun 21, 2015
Messages
33,540
Reputation
3,179
Daps
72,877
There's a lot of misinformation out there
Most of you are not investors..stop living on hope and move like a trader
Traders know when to get out and make it a priority
nikkas talking about lambos and cribs is hilarious to me
But good luck y'all

Wolf of Wallstreet ain't got shyt on me. :mjgrin:
 

RareHunter

All Star
Joined
Apr 4, 2017
Messages
5,394
Reputation
-804
Daps
9,775
:hamster:

I was thinking bout it, but I wasn't sure how much fukkery would screw with me while transfering shares mid squeeze.

EDIT: At this point, I'm thinking they are underway too much scrutiny to mess with cash accounts.

For anybody else who is on RH. READ THIS IMMEDIATELY. SWITCH YOUR ACCOUNT TO CASH OR TRANSFER TO ANOTHER BROKER (EX: FIDELITY)

https://cdn.robinhood.com/assets/robinhood/legal/RHS Margin Disclosure Statement.pdf

Were the steps easy or u had to email them?
 

RareHunter

All Star
Joined
Apr 4, 2017
Messages
5,394
Reputation
-804
Daps
9,775
FYI. I was reading on Reddit that taxes would be due at the end of the quarter. If you wait til the end of the year, you’ll get hit with penalties. So consider hiring a CPA.


[\SPOILER]


There a lot of people who have shares on cashapp. I got a lil bunch there. Bad enough the money isn’t FDIC insured on cashapp, but how does one pay taxes when they only let you take out 25k/week? It would take years to widraw the tax money, let alone your gains if this did hypothetically hit 100k or more a share.

Edit: 25k/week (will take years).
 
Last edited:

Buckeye Fever

YOU WILL ALL HAIL TO THE VICTORS!
Supporter
Joined
May 1, 2012
Messages
77,647
Reputation
38,625
Daps
362,550
Reppin
Hip-Hop Since '79
There a lot of people who have shares on cashapp. I got a lil bunch there. Bad enough the money isn’t FDIC insured on cashapp, but how does one pay taxes when they only let you take out 25k/day? It would take years to widraw the tax money, let alone your gains if this did hypothetically hit 100k or more a share.
Yeah, if someone were to sell @ 5 mil, that is about 2.5 mil in taxes. The would be 100 withdrawals @ 25k, and I'm not even sure you can withdraw that much 100 straight days. Cashapp might have weekly and monthly limits on withdrawals. If there arent limits, it wouldnt be so bad, I guess
 

DJ Paul's Arm

Veteran
Joined
Dec 15, 2015
Messages
20,886
Reputation
5,882
Daps
119,837
Reppin
Cali
There a lot of people who have shares on cashapp. I got a lil bunch there. Bad enough the money isn’t FDIC insured on cashapp, but how does one pay taxes when they only let you take out 25k/day? It would take years to widraw the tax money, let alone your gains if this did hypothetically hit 100k or more a share.

get off cash app and get on a real brokerage. TD Ameritrade allows $250k daily withdrawals.

:unimpressed:
 
Joined
Nov 1, 2014
Messages
2,996
Reputation
123
Daps
8,223
People in TRCH got fukked :huhldup:
Yeah. Wallstreetbets has been infiltrated.

They were even trying to get these idiots to buy Wendy's in droves.


Gme and AMC are the only short squeeze meme plays. All these others from wsb are to fukk you out of your money.

Wkhs maybe legit but I haven't checked on it in a minute.

Either way only safe bets are gme and AMC and always have been
 
Joined
Mar 30, 2013
Messages
5,359
Reputation
2,750
Daps
48,374
Reppin
NULL
How do you brothers feel about buying before the market opens? I'm still very green at this shyt.


I'm trying to cop these 300 shares and I just got this big ass warning from Fidelity saying it's not advised to buy shares before the 9:30am open...:lupe:
 
Top