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Old 01-28-2021, 09:12 PM   #6896
MagicHef MagicHef is offline
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Join Date: Apr 2007
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Quote:
Originally Posted by FD View Post
A few hedge funds with big short positions will lose, but most of the short squeeze is being pushed by other hedge funds. They are just using the redditors as cover. There isn't enough money on WSB to execute this big of a trade, it is mostly coming from some different hedge funds that are making out like bandits while the vast majority of the redditors are getting in late and will be left holding the bag.
Quote:
Originally Posted by Ninerfan11 View Post
Anyone have a way to get around the $75 Robinhood account transfer fee?
Sell, transfer money, buy. But don't sell any GME you may have, as there is some chance you won't be able to buy again. Realistically you'll have two accounts on two brokerages for awhile.
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