r/wallstreetbets • u/DJRoxxic • 6d ago
Anyone else got this as their New Years surprise too? Meme
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u/ImmoKnight 6d ago
Fine.
Step 1) Delete app
Step 2) Move.
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u/Thiezing 6d ago
*Step 2) Restore from backup.
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u/ImmoKnight 6d ago
I just remembered you can restore from a previous point. Just need to restore it to a point before you lost the money.
Man, this is going to be a game changer!
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u/Syonoq 6d ago
Nah, I wanted a challenge so I’m playing on hardcore.
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u/ImmoKnight 6d ago
I didn't want the challenge, but I think I somehow set it to hardcore extremely hard. Any advice on how to change the settings?
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u/gregsting 6d ago
You have to start a new character
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u/ImmoKnight 6d ago
That sounds pretty awful.
Have no idea what class I would roll into. No idea if any of my skills transfer over. No idea where I would be put in within the randomly generated world.
Also, my son might actually miss me.
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u/gregsting 6d ago
Pro tip: don't chose the class "Regard" as a first character. Half-Regard might be a first step in the right direction. If you just want to enjoy the story, play it cool and chose "bilionnaire".
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u/fingernuggets 6d ago
HELP PLEASE PICKED WRONG CLASS AND NOW CHARACTER IS POOR AND LAZY HOW TO FIX THX
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u/generateduser29128 5d ago
There is a good chance that'd you'd roll so poor that you'd never have to worry about investing anything
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u/Quiet_Butterscotch_6 6d ago
might take u up on that offer if tmr goes tits up:8882:
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u/ImmoKnight 6d ago
Damn bro.
What we looking at?
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u/Quiet_Butterscotch_6 6d ago
Honestly pretty minor but as a brokie and beginner shits hitting hard. -50% 6,000$. Sold all my vti and sorta went all in today came out with +425$ for today! looking forward to monday and the rest of the year.
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u/ImmoKnight 6d ago
Good job.
Keep your chin up.
Hopefully we will both see the other side of things this year.
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u/Dennisfromhawaii 6d ago
Step 3: Join Squid Games
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u/option-trader 6d ago
As long as I can have some of what Thanos took, I’m game.
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u/Zentaury 6d ago
A fork?
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u/AfraidChemical2040 6d ago
It's a new high you inject it straight into your neck: right into the jugular. It a type of high you never come back from!!!!!!
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u/9thyear2 6d ago
You might delete the app
But the feeling of possibly making gains follows you
You will be back, see you monday
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u/Azylim 6d ago
Doesnt robinbhood have your social security? not that OP will ever be in a position to buy a house, but what robin hood will do is destroy his credit score so that no credible lender will touch him with a 10 foot pole. Which means no mortgage or leases ever. They could take this to court and automatically garnish your wages if OP has a legitimate job, If youre too much of a pain to pursue they'll sell his debt to a specialized debt collector who will harass him constantly.
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u/MAkrbrakenumbers 6d ago
Goes away after seven years tho
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u/whiteycloud 6d ago
How about making a mutual support community where people live under rocks for 7 years after certain plays. Infinite money glitch?
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u/Ready2gambleboomer 6d ago
Can they still garnish your cash if you are working behind Wendy's? I'm asking for a friend. :52627:
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u/DJRoxxic 6d ago
I tried telling my accountant about this but he just laughed at me and hung up. :8883:
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u/JackosMonkeyBBLZ 6d ago
Carnes! It's me, Bateman! You're my accountant we talk on the phone all the time! You don't recognize me ?
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u/ButterscotchFew9855 6d ago
They're an LLC- Means you get 2 losses before they can collect. Contact Support and tell them you're on the first L
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u/backwardsshortjump 6d ago
ok this got a giggle or two out of me
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u/imonlysayinthiscuz 6d ago
ima giggle something inside of you
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u/backwardsshortjump 6d ago
Woah woah woah I have to introduce you to my boyfriend first before that can happen
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u/Soggy-Welder2265 6d ago
Lock your door 🚪
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u/zmbjebus 6d ago
My bridge doesn't have doors
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u/modestmidwest 6d ago
I think he meant you backdoor. Don't bend over either. Robin likes that.
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u/zmbjebus 6d ago
Ahh, that is barely even a door. It is so wide open.
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u/modestmidwest 6d ago
Lol, something about hotdog down a hallway.
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u/IamFatTony 6d ago
Except your landlord is packing a ford tractor, not a hotdog…
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u/zmbjebus 6d ago
Landlord? Ain't no landlord under the bridge. Whoever is brave enough to sleep next to Ted is welcome.
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u/SirVanyel 6d ago
There's no lock on the garbage bin behind wendy's :(
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u/Soggy-Welder2265 6d ago
Well as a matter of fact, the dumpster does a place to put a lock 🔒 to keep dumpster divers out of my house
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u/redbloodywedding 6d ago
Legitimate question is this real? I really can't tell if people are being sarcastic here. Or this is a big joke.
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u/Dippa99 6d ago
They said they know where he lives.
Sounds pretty serious
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u/seeyousoon-31 6d ago
are you being sarcastic
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u/qnibertus 6d ago
Are you being sarcastic?
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u/TheSmokingLamp 5d ago
This comment is proof this sub is full of Reddit’s finest artistic members of society
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u/Loga_13 6d ago
same bro same :31225::31225:
seems like too much work to be edited
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u/FelkerLuke 6d ago
You act like people here have a life once the markets are closed
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u/Snakend 6d ago
Couple years ago some teenager got an erroneous message like this and killed himself.
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u/LumbyCastle41 6d ago
Fun fact. Robinhood has done nothing to fix it.
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6d ago
It’s not their responsibility that people are idiots
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u/Redthemagnificent 6d ago
I mean it actually is when you play fast-and-loose with who gets leverage. You don't give a young adult who doesn't know what they're doing (and has no income) 500k in leverage.
The investigation by FINRA that followed this resulted in Robinhood paying $70 million in fines
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u/Prudent-Air1922 6d ago edited 6d ago
You don't give a young adult who doesn't know what they're doing (and has no income) 500k in leverage.
That didn't happen though? He didn't have leverage at all, and didn't even have a margin account. And if you want $500k in leverage from Robinhood, you have to have $500k of your own money in there first.
He simply had options that needed to settle. As stated in the article, he likely had 2 that were mostly going to cancel each other out, but one of them was showing as a negative cash balance until settling. His max loss was limited to whatever premiums he paid to begin with, not the value of the options.
The dude had $16k in cash in the account still, and was going to have a little more once his options settled. He was never negative (would have been impossible considering he did not activate a margin account).
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u/Full-Being-6154 6d ago
You literally have to go trough a little "im not a regard" test.
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u/SuspectedGumball 6d ago
You’re regarded you think a 20 year old with no income should qualify for a million dollars worth of leverage.
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u/cbftw 6d ago
Ah yes, a 20 year old teenager
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u/justV_2077 6d ago
Kearns may not have realized that his negative cash balance displaying on his Robinhood home screen was only temporary and would be corrected once the underlying stock was credited to his account. Indeed it’s not uncommon for cash and buying power to display negative after the first half of options are processed but before the second options are exercised—even if the portfolio remains positive.
This is very tragic to hear, especially because the negative balance was only temporary (during the weekend when the market is closed) and would have changed to "normal" on Monday. That's something Robinhood should address in their UI. Unsurprisingly everyone will panic seeing such a huge negative balance.
“Tragically, I don’t even think he made that big of a mistake. This is an interface issue, they have slick interfaces. Confetti popping everywhere,” says Brewster referring to the shower of colorful confetti Robinhood routinely deploys after customers make trades. “They try to gamify trading and couch it as investment.”
This is a massive problem with Robinhood. They should not gamify trading. This way they over celebrate wins and glorify losses.
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u/ajchann123 6d ago
I would say there's a much higher chance of this being fake
- Mentioning deleting the app is a meme
- A phone that looks kinda like a firework is too vague to be an actual thing
- This pale yellow isn't in their branding colors
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u/DustyBowl 6d ago
The “we know where you live!” isnt also smth a company would joke about in the situation. It just doesnt really give off a serious enough vibe to be real.
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u/Defiant_Zebra2767 6d ago
It's fake because 2.5M is too exact of a margin call, both prizes for Gold and Non-Gold customers were a $2.5M pool of Doge and Bitcoin
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u/noiamgodzilla 6d ago
Also the font looks different. Robinhood uses Capsule Sans. The terminal on the c in the meme doesn’t come down as far.
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u/iBrokeProd 6d ago
Jokes on you, Robinhood Securities LLC, I know where you live too!
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u/Objective-Light-9019 6d ago
85 Willow Rd, Menlo Park, CA
Ask for Vlad…
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u/diefy7321 Just put the fries in the bag bro 6d ago
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u/Vladdroid 6d ago
Lol I was $4.5k and they just permanently shut my account down. Dont even want my money to reactivate account 😂😂
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u/berry-7714 6d ago
Wow that’s lucky, so you never had to pay back the 4.5K?
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u/Vladdroid 6d ago
Nope. I tried. Thought I can pay it back and maybe they would reactivate my account. I'd say jokes on me, but it's jokes on them. Maybe in next 4 years I'll get a letter from them. But so far, 3 years and nothing anywhere. So they probably wrote it off 😂. Even though I was going to cover it and keep gambling on my account.
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u/galloloco2five4 6d ago
They were charging hidden fees back then and prob though if they came after you that you would discover those fees and counter sue them.
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u/Cultural_Proof3489 4d ago
I let a deposit reverse on Robinhood 5 years ago when I was in a motorcycle accident just didn’t care that port went negative after the reversal and didn’t pay it back. Just a few thousand bucks. But all these years later they won’t even take my money and let me open an account again. I’m permanently banned from rh and they never came after me for the money lmao
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u/lodge28 6d ago
There are three ways to make a living in this business: be first, be smarter, or delete app.
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u/Fantastic_Lead9896 6d ago
"And although we have very smart people id rather delete the app."
- Jeremy Irons "Margin Call"
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u/Healthcare--Hitman 6d ago
Contact Support and let them know you're moving to Canada. The nice part about Canada is, when you ruin your credit here as well, we have MAIDS
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u/Ehh_WhatNow 6d ago
What is MAIDS?
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u/Sup_94 6d ago
I’m guessing Wendy’s waiting for you to rev up them fryers :4267::4640: :52627:
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u/SeliciousSedicious Poop Sock 2024 6d ago
Only a casual century’s worth of work in that job to pay it off.
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u/SnooLemons1196 6d ago
For .1 btc I can make this go away
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u/BibendumsBitch 6d ago
Tell them you know who the ceo is and where they live, just kidding, but their message seems like a threat also
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u/SicSemperTyrannis2nd 6d ago
Now with how law enforcement protects the rich, they probably would actually arrest OP for that.
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u/bullishbehavior 6d ago
Dude you can’t just delete the app. You have yell out loud, “I declare Bankruptcy”!
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u/britona 6d ago
You have a $2.5 million margin call?
You can always seek Asylum in Russia or China. Presidents Putin and Xi Jing Ping will welcome you with a red carpet.
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u/Nightcrew22 6d ago
Man if this is just a joke, bravo, first good laugh all year.
If it isn’t, Robinhood got jokes, but fuck em. They can take the L.
Best regards in 2025!
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u/worldsoulwata 6d ago
This is exactly why I don’t fuck around with calls. Feels like I could take a nap and owe a million dollars.
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u/Aselleus 6d ago
I missed mine by ONE SECOND. Legit hurried to load the app and I clicked it the exact moment it turned 7 (or whatever time you had to be on). I was pretty bummed.
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u/KyleNoThumbs319 6d ago
Is that suppose to be a dick ?
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u/GoodDayTheJay 6d ago
That fact that you don’t recognize this to be an older-style phone says that 1. I now feel old (which is fair. I’m 39), and 2. You are not old.
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u/Paul_Robert_ 6d ago
- Since almost every phone's default phone app has that icon, he is most definitely regarded.
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u/Newbiewhitekicks 6d ago edited 6d ago
Anyone else get an email saying Robinhood is increasing their fees? I guess all this free stuff isn’t free, lol.
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u/Scary_Larry_ Only Here for Call The Close 6d ago
Do they not realise how many wendys dumpsters are out there? They're going to have a hell of a time finding which one you live at.
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u/Professor_Game1 6d ago
Remember the kid that killed himself over this and it wound up being an error
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u/grimkhor Lambos before sleep 6d ago
Not gonna lie it looked to me you got a whang for new years had to double check to see the phone
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u/HilariousMax 6d ago
So if I get super irresponsible with some money, someone >--< will text me and come over?
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u/Bazzer82 6d ago
Tell them someone robbed you at knifepoint. Made you unlock your phone and hand it over or you would be killed. Then the nasty men did some stupid trades on your phone to get you into trouble. It just might work.
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u/Massive_Chem 6d ago
At this point my margin call notifications are my alarm to tell me that it is time to eat breakfast.
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u/monumentValley1994 6d ago
It isn't ur issue anymore, the let you play till 2.5M it's their problem.
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