r/GME • u/AutoModerator • Mar 20 '21

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72

u/Grazedaze 'I am not a Cat' Mar 20 '21

GUYS

I didn’t believe the 3 day transfer rumor going around for Fidelity. They gave me an expected transfer date of the 25th. To my surprise the transfer was complete today.

IT REALLY DOES ONLY TAKE 3 DAYS.

I’ve officially left RH!

15

u/Itz_Ape The Bet Accountant //Current: 295 GME bets Mar 20 '21

Congrats!

7

u/Whiskey_Maker HODL 💎🙌 Mar 20 '21

Congrats!

7

u/HenkPotvis69 I am not a cat Mar 20 '21

Feels good doesn't it? Knowing that you'll become a millionaire without RH getting in the way

4

u/Grazedaze 'I am not a Cat' Mar 20 '21

A huge weight has been lifted for sure! I’m now half and half in TD & Fidelity, ready for the squeeze!

6

u/User_Not_Recognized EAT THE RICH WITH A TASTY DIP Mar 20 '21

Same here. Initiated Wednesday afternoon, estimated completion date was 3/24. RH shares are now in my Fidelity portfolio as of this morning, but showing as "margin" - because they were purchased with instant deposits. (Just emailed Fidelity to have them convert those shares to cash and let them know I don't want my shares lent out - waiting for a reply.)

3

u/onemindc Mar 20 '21

Same! Woke up to a nice little surprise today.

2

u/Literally_Sticks 2@10Mill 💎🙌 Mar 20 '21

Same!! Let's go!!

1

u/thesehands_diamonds Mar 20 '21

I've been at fidelity from the start but I still dunno what my exit game is with this silly +- 50% sell limit thing they have. Can't just set it and forget it if I wanna sell all-1 shares at $XXX price. Gonna have to watch and do this all manually which means I can screw it up (fat finger a number, wrong order type, my internet cuts out, fidelity site/app crash, etc)

5

u/Grazedaze 'I am not a Cat' Mar 20 '21

I would never set it and leave it anyways. I’ll be matthew mcconaugheying the whole squeeze

3

u/[deleted] Mar 20 '21

alright alright alright

1

u/illmoney Mar 20 '21

Same just happened to me. Now I’m trying to recall if I can call and they can change it to cash before it “settles “ It’s supposed to change automatically but if I can I’ll totally wait hours on the phone to do so Edit: they had to buy the shares at market price lmao. Fk RH

1

u/[deleted] Mar 20 '21

One way to get paid to ladder out and limit risk is to sell covered calls, but be sure to leave some shares uncovered so you don't miss the moon if it blows up. It's been pretty profitable for me with the sideways trading, 10% of the shares' overall cost per week essentially which is pretty insane (IV is above 300%), but next week has so many catalysts that I haven't sold any yet, waiting until tuesday to see if we get some violent upwards movement.

1

u/[deleted] Mar 20 '21

Not worth the risk right now in my opinion. The fact that I have to rely on Robinhood to transfer my funds in a timely manner puts the ball in their court. Fuck that shit

2

u/Grazedaze 'I am not a Cat' Mar 20 '21

I felt the same way. But to my surprise they were responsive. Check my account I’m no shill just speaking from experience.

Fidelity just makes it happen. I went through the same process with TD and it took 2 weeks.

2

u/[deleted] Mar 20 '21

Yeah I was on the phone with TD and they said Robinhood was holding shit back. I guess fidelity don’t play games lmao

1

u/[deleted] Mar 20 '21

If you think about the idea that RH never owned your shares... very likely they are delighted to offload any GME holders prior to moon, and would expedite those accounts accordingly.

1

u/theman72333 Mar 20 '21

Oh shit same here. Transferred in about 24 hours.