Quote:
Originally Posted by vreihen16
My concern is that Robinhood blocking buy orders from a lot of the people who are doing the GME buying is going to stop the runaway rise...and throttle the recovery spike.
I don't know what the current time frame is to cash out of RH and open a new account at another brokerage, but I'm guessing that there is a delay of a few days before those former-RH clients can buy again.....
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It absolutely is. My GME stock is in Etrade but my NOK/BB is in Robinhood and those are both nerfed.
Most places take 2-3 days for the money to clear so you're right if opening an entirely new brokerage account doesn't dissuade people it'll certainly slow things down.
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