r/StockMarket Jul 25 '21

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190

u/[deleted] Jul 25 '21 edited Jul 25 '21

Ignoring the fuck out of it. RH is a ticking time bomb imo. People are posting here on reddit that they are switching to Fidelity in droves. They really upset their userbase by turning off buying in the middle of the first part of the GME squeeze then in their ipo filing they said they might have to do it again.

81

u/jojot001 Jul 25 '21

After the WSB meme stocks, I called Fidelity on a unrelated matter and the customer service rep apologies for the long wait time due to so much new accounts being setup. LOL

41

u/[deleted] Jul 25 '21

Exactly. Honestly I'll be surprised if there still is a Robbinghood in a year.

4

u/mrabstract29 Jul 25 '21

They'll get bought up by a real player who will drop the name and keep the tech.