In addition to my own comments back to @vladtenev about about my strongly-held concerns about Robinhood’s Stock Tokens, read what someone named Brad (who I don’t know) insightfully had to say on this topic:
Dan Gallaghar admitting they use those offshore tokens for settlements. They are not registered, not under SEC rules but used for settlements and avoid margin requirements.
$AMC
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A thread 🧵 highlighting the main points...
AMC reduces debt another $153M in exchange for 11M shares and 103M cash, continuing to chop down that expensive 2026 10%/12% PIK toggle - as expected if you've been listening to my $AMC Debt video Livestreams. #AMC
Between August 5, 2024 and September 30, 2024, the Company entered into a series of privately negotiated agreements to extinguish unsecured debt in an aggregate principal amount of $152,923,002, consisting of $15,602,000 principal amount of 5.75% subordinated notes due 2025, $9,572,000 principal amount of 5.875% subordinated debt due 2026, and $127,749,002 principal amount of 10%/12% cash/PIK toggle subordinated notes due 2026, which the Company repurchased and/or exchanged for aggregate consideration of 11,091,833 shares of the Company’s Class A common stock
https://t.co/dRWDXkTDen
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After reviewing 100’s of 401k plans for clients I’ve realized less than 10% of people are maximizing the accounts' potential
Here are the things 90% of people are most overlooking.
(If you have a 401k - bookmark this thread!)
So why does $HOOD like to restrict your trading from time to time?
Explain it simply so everyone can see 👀 the reason
A prize will be given to good comments
Let The Dust Settle 🫵
CC premiums are high for a reason
Don’t let an investor pick up your shares on the cheap.
I offer encouragement
to help build
Confidence + emotional control
I wonder why I do that? 🤔
Stay tight
- 💎✨