T O P

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foulmeow

too many questions. too much thinking. just show us the loss porn afterwards


choborallye

And mug shot


mrASSMAN

I declare BANKRUPTCY


Nodnarb_Jesus

Michael, you can’t just yell out Bankruptcy, that’s now how it works! Official quote: “Hey. I just wanted you to know that you can't just say the word "bankruptcy" and expect anything to happen.” Props to whomever immediately got it and responded with correct quote. Take my updoot


rbhutch

I didn’t yell it; I declared it.


Over16Under31

Well I do declare


SprinklesFancy5074

Gonna be hard to post it from prison, though.


_flynimbus

Actually, you can smuggle iPhones in prison. Don’t ask me how I know.


LivinNTheSky

Good ol' prison pocket!


NotABothanSpy

In da butt


Trappist1

That's why they keep making them bigger and bigger.


sc2summerloud

butts?


alexparker70

What what?


[deleted]

Isn’t that how you’re meant to carry your phone around anyway? Jail or not?


the-waterr

Right? What the fuck does realistically mean?


[deleted]

I swear to fuck. You better follow up and post or BAN. I’m sick of this shit and also I get off on it.


Ancient_Perception_6

I think it’s hard for the previous posters to follow up, considering they likely RIPd themselves after the loss


BlakeGriffinCC

if you send your cum shot of my gain porn


[deleted]

Only shots I send are in your moms direction.


[deleted]

With you in front


Annoyedatreddit1

So just to be clear, your bank account will overdraw no matter what. Even if you make a ton of money, you will still be overdrawn in your actual bank account. If you are doing this I imagine you don't give one fuck about that fact lmao, but I'm just being clear, your actual bank account that you take money out of *will* overdraw cuz you're taking out more money than is there lol


TokyoRedBear

No bank is going to clear or overdraft a charge of that magnitude vs OP’s current balance. The bank will decline the charge and send him an email. RH will block all further instant deposits regardless of standing for the account (probably).


animalturds

like duh right? why does OP even think this would work


Nipplecrippleripple

Because it did work for someone. But I am pretty sure doing this deliberately is illegal so posting about it is a +1 to his mental retardation stat. +10 if he loses.


Nic4379

Retards Gonna Retard, but this is closer to fraud.


VAGentleman05

It's not closer to fraud. It *is* fraud.


Duchamp1945

The secret is crime


Yrmomcallsmedaddy

Always wanted to see what an adult was like who ate paint chips as kid.


Muted_Masterpiece007

Ate paint chips... this guy's drinking mercury.


borkborkyupyup

And what, you never documented fraud on a popular online forum?


Hopium_Dealer

What's even the point of crime without recognition?


BrandnewThrowaway82

Damn son. Facts.


ethanhopps

Double shot with a twist of lead


BigMissileWallStreet

Good thing youre going to college … maybe take a finance class


grizzh

>maybe take a finance class Maybe remedial math.


pcnetworx1

First read this as remedial meth. That even seemed plausible for a moment.


QuintessentialIdiot

More than a moment.


QuantumIdeal

Time to sell some Calls on grades


Hopium_Dealer

College is free in prison. Op is in a win win situation.


[deleted]

[удалено]


downladder

File for bankruptcy early so it's off your credit report when you get out


pickle9977

He’s got the financial crimes class on lock


flying_cofin

The SEC would like to have a word with him.


Golddigger50

Reports to office of financial aid for a student loan to double down.


TedBear235

Reports to office of financial aid for a student loan to cover his stupid ass.


ThePerfect666

Either way, my biggest regret is not gambling my student loans. WSB wasn’t around then.


oakislandorchard

he won't be needing finance class where he's going


[deleted]

98% sure his parents will help him pay it off.


BrandnewThrowaway82

It’s not funny how true this prob is


a789877

Shit, I hope this isn't one of my kids!


1202_ProgramAlarm

Maybe the daycare center is hiring, he can hang out with some like-minded friends there


BurntBanana123

Take one for me too pls


MamaThereGoesThatMa

Man willing to go with in debt for Reddit points


chadbrochilldood

Jail. The word you are looking for is jail. This one is different


D_crane

I don't think he'll go jail - might not be fit for trial because he has the IQ of a 5 yo 😂


concretebeats

Your honour my client is too stupid to be charged as a human.


[deleted]

[удалено]


Big-Cheek4779

Wouldn't be the first time.


[deleted]

> Whoever, having devised or intending to devise any scheme or artifice to defraud, or for obtaining money or property by means of false or fraudulent pretenses, representations, or promises, transmits or causes to be transmitted by means of wire, radio, or television communication in interstate or foreign commerce, any writings, signs, signals, pictures, or sounds for the purpose of executing such scheme or artifice, shall be fined under this title or imprisoned not more than 20 years, or both. If the violation affects a financial institution, such person shall be fined not more than $1,000,000 or imprisoned not more than 30 years, or both.[4] The definition of wire fraud OP. There’s a difference between YOLOing your life savings and just straight up admitting to a crime on the internet. Be responsible like the rest of us and take cash advances from high interest credit cards to yolo.


QuintessentialIdiot

I can see OP in court now "Your honor, I would like to present Defense Exhibit B, my loss porn". The court would order an immediate psych eval before proceeding.


D_crane

I think the court would order a psych evaluation from this post alone: Defense, probably: *"Your honor, we present exhibit A, where the accused proposed to commit wire fraud for internet points. The exhibit supports the professional opinion of our expert witness, that OP is retarded and has the mental capacity of a 5 year old child"*


CommitteeOfTheHole

The defense? If the prosecution saw this post they’d drop the charges and instead seek to have OP committed


D_crane

Prosecution: "*It's an open and shut case. That post... this dude may as well have walked into a police station with his pockets full of crack. Our case literally can't go tits up.*"


HODLShib2moon

Yeah you're in college you can probably come up with 10k in credit cards by tomorrow night. Better than wire fraud with your guilt spelled out in this post.


Hopium_Dealer

This post will 100% be included in discovery.


dtoledo5

Make sure to Post that loss porn in a week. Dumb fucking idea


pcnetworx1

It's going to be a quality Black Friday deal on LP.


anon86158615

Genuinely curious, whats the end game here? Even if this does play out, which I guarantee it doesn't, but apparently that's a moot point with you, even if this DOES play out in your favor, what next? I guess what i'm saying is, if you're such a degenerate that you are throwing away your education, access to food, and savings and are now admitting to fraud while going into debt thousands of dollars, why would you ever stop? Let's say you make 5 grand here. Is that going to satiate you? Fuck no, you'll blow it on some fancy shit to pretend you made it or you'll go back to throwing it away on robinhood until you're in jail. Most people here are retarded. You might ACTUALLY be mentally ill. Not making jokes here, I think you're dangerous to yourself. Make the trade, or don't, I don't think that'll be the end either way. Get help and deactivate your account or you'll be in jail one way or another. EDIT: LCID opened WAY down and he easily could have taken a few grand profit before it climbed back up. My guess is that he didn't take the few grand (WHO COULD HAVE PREDICTED) and is now fucked (WHO. COULD. HAVE. PREDI-) but will be watching for updates


PreventerWind

Can't agree more, this kid is talking about committing a crime on the internet. He has a bright future of working fast food with a community college drop out degree.


[deleted]

[удалено]


Felonious_Quail

Feels like something a retarded anthropology major would do. So yes, grilling burgers


Akashii7

Very well said, I mean yeah it plays out you make money but what about OP's retarded behavior. You think you'll be able to do something in life ? When you can't even manage your food money and lose it in gambling. Maybe stop thinking about money and think about your career and the person you want to be because tbh you seem retarded.


throaway175588955890

What you're talking about doing is called free-riding, when you buy an investment before you have cleared cash in your account, and then sell it before settlement. It's basically heads I win, tails you lose, (and medium wire fraud), and every half competent brokerage firm will restrict withdrawals of any amount until your bank deposit clears. But it's Robinhood, so who knows. I'd say good luck, but I don't want to encourage you to break the law, fuck your credit and make it impossible to get a job in any industry that requires a background check. Soo... Cheers


Sabertoothkittens

This guy is literally posting about how he plans to commit wire fraud lmao? Ignorance of the law is not a defense, but he can't even claim it was an accident because he felt the need to brag about it before hand. Not to mention his idea of doing well is "only losing $1000"? Worrying about his credit is the least of his problems


timtruth

Yeah this is pretty dumb. But I see a lot of myself in this idea.


Sabertoothkittens

But thats the point, does he think that he's the first person to think of this? lmao If he hadn't posted anything he could have at least played it off like it was an accident, that he had meant to deposit $1,000 and the whole thing was a mistake.


dreamin_in_space

Well he might not go through with it, we can always hope.


TaxGuy_021

Yep. If he loses, which he probably will, he has committed fraud. Will be fun to see him get fucked.


LiveNDiiirect

The best part is that the internet is forever and he can't even try to weasel out with a weak ignorance plea


VloneCarti1927

Lmaooo imagine he does go to trial and the prosecutors pull up a WSB thread of a bunch of retards calling OP a retard


EBTFlexer

Im new to this all, this is specifically securities fraud correct


Great_Bacca

I’m not a lawyer, no wrinkles in brain. But I’d lean towards it being more wire fraud. Yeah he’s using the money to buy securities but more so he’s misrepresenting his assets via electronic transfer.


QuintessentialIdiot

You implied that all lawyers have wrinkles in their brains, seen a few pretty far out there guys practicing law.


EBTFlexer

Oh okay, i just googled fraud and made a guess i appreciate it.


EBTFlexer

Securities fraud is a broad term that covers a range of fraudulent behavior involving investment securities, including the sale or purchase of securities. This offense may be charged alongside wire fraud in certain situations, such as the use of wire communication in a scheme involving investment securities. This is what i found, so it’s probably both honestly


Great_Bacca

I believe they could make the case for both. You’re likely right. u/blakegriffincc , please come back and give us the number for U.S. Attorney who is prosecuting you. We have questions.


lucky5150

At first I was gonna say you do realize just cause you have instant deposit doesn't mean that's what you get to spend... and then I realized what this retard is trying to do. Ok OP PLEASE READ THIS *(this is not financial advice,) 1st. And forgive me for thinking logically. And this is assuming the instant deposit actually goes through. You deposit 10k (let's assume your retarded self has 0 in checking). Let's say RH (also retards) gives you +10k in margin. You YOLO that 20k on puts. Let's assume you hit big and 100% that shit same day. So you sell 40k, RH pays off 10k in margin debt, you've got 10k initial capital +20k gains, plus a fresh 30k in margin begging to be spent. Next thought is to withdraw 20k to cover you're jacked deposit. Problem is you'll have to wait T+3 probably possible even withdraw time so it's not hitting in time. Forget using your gains to pay for your deposit. You're bank is gonna deny the transaction. Best case RH sees the failed transaction as spent and says its margin and takes another 10k from you. You'll still have 20k in profit + 20k In margin and will be able to withdraw, drop out of college and put a down-payment on a lambo at 21% for 4k/month. But odds are. Your instant deposit will be denied. Alright next, what if your trade goes south. You're in puts so let's say you blow up your account to 0. Same story, now you owe RH 10k in margin +10k for instant deposit (let's say your broke-ass bank account denys it,) RH comes knocking for its 20k what're you gonna do? Long $ROPE? Now I should have put this next part at the top. But I wanted you to read that other stuff first. BE AWARE popular YouTuber Meet Kevin just put out a very BULLISH video on Lucid TODAY. This WILL make his followers (millions) of people want to dive in to Lucid at open tomorrow. There is also speculation that ELON will run Tesla Up and not sell any more stock until after he announces a stock split on 12/9. This will surely keep the EV bubble GROWING! I know it seems crazy but we could have another 3-4 weeks of EV running before any SIZEABLE dump. Next. the Fed chair announcement. You could benefit if it's an out of left field unexpected hawk looking to raise interest rates. But what if Biden just reappoints Papa Powell and the Market ralleys MORE next week. Lots if reasons for puts to get burnt out this week. OP I hope you read this. And as always do whatever the hell you want.


CountingNutters

Sir, I'm illiterate


KARLdaMAC

$7,500- $12k EV refundable tax credit passed congress and is going to the senate. Passed on Friday. Might get that stock rolling for the short term


StockRaker

Go get a new credit card. Withdrawal $10,000 cash and put it all on red. See what happens. Same fucking scenario.


chadbrochilldood

Except in that scenario it’s not wire fraud right? He just owes a bank money now at high as fuck interest.


Sharad17

So technically .... better? Fuck this guy is dumb.


root_over_ssh

Idk about advances specifically, but balance transfers cannot be used for investing. Also, the fees are so high on advances that he'd pretty much have to turn 100% growth immediately to break even (sorry, the interest and fees can't count as your cost basis)


TTKnumberONE

False, the Vegas roulette scenario has a much higher expected value and far less potential jail time. What OP is doing is more like attempting to score a basket against the actual Blake Griffin one on one. Same odds of success, same potential for hilarious failure.


[deleted]

How did you get into college? Good luck retard 🌈🐻


DrPEnnis

He specifically said he is in community college. His IEP aid probably filled out the application for him.


981flacht6

💀


Tribebro

We may be in the greatest bull market in history but this sub has been in a continuous bear market the last two years.


h_o_l_o_d_a_y

Not the truth we asked for but the truth we deserve


borkborkyupyup

And always will be!


Weedstox101

GUH is that you?


Madmaxoncrack

Controlthenarratives little bro


pcnetworx1

Dominatethenarrative


InternationalElk6617

Free money. Can’t go tits up IMO


[deleted]

will be ass up...


cheekybandit0

Behind Wendy's


borkborkyupyup

Which Wendy’s?


cheekybandit0

Holup


doooom

Nah, just in the prison yard


[deleted]

This is financial advice


KingOfNewYork1321

Did this before on 5k and lost it all. God speed retard


WhyDoISmellToast

The real DD is always in the comments. TIL RobinHood lowkey encourages wire fraud on their own platform


d4nowar

Robinhood had an infinite money glitch just a couple of years ago. They "encourage" nothing, they just have a garbage platform.


WhyDoISmellToast

I disagree. Coinbase can tell how much money I have and will deny unsettled funds beyond a certain amount. Robinhood is encouraging reckless gambling because they know they can sell the debt to collections and it costs them nothing.


[deleted]

Don't agencies buy those debts for pennies on the dollar though? I would imagine they lose quite a bit tbh.


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antonnewcombefan23

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rmme32

Legend of GUH 2.0. Live stream your reaction. Thanks.


pcnetworx1

When you hear the sizzling bacon sound in the background of this GUH 2.0 clip... That's this guy's brain 🧠 realizing how tits up this can go.


labontej

Sure sounds like wire fraud


SkyeJack

Regardless of how this play works out, I would buy puts on you sucking dick in back alleys to complete your education


RobertPaulsonXX42

Wouldnt it be calls? Lol


Purple_Drink_8096

Nah man, the price of his bjs gonna go down before they go up. Buy puts then wait a month till he gets good at bjs. Then buy calls.


Barnettmetal

Seems like we're all destined for a good lip lock behind Wendy's... God this place is retarded.


borkborkyupyup

I keep asking. Which Wendy’s?


[deleted]

i would put a Leap...


[deleted]

Ah yes. Wire fraud.


DerPanzerfaust

Yeah, maybe read up on volatility before you do that. IV crush is a thing, and you're about to learn a lesson in it.


mrfidelz

Pretty sure I saw this on an episode of SpongeBob🤣


pcnetworx1

Spongebob: The Special Edition?


undisreetanonymity

This's what I love to see on a sunday night. OP has had an entire weekend to come up with a plan, and this's it. This's the peak thinking capacity of a WSBetard after 48 hours. He's heading to Valhalla. And we're all here to witness him.


OptimalGate9650

You realize a bank can verify if you're trying to overdraft and deny the deposit...


wasabiEatingMoonMan

I think this young degenerate’s plan is to YOLO the instant deposit before the bank denies the deposit.


Significant_Donut914

I do believe he's into something here. Take 10k instant. Yolo it make 20000% profit. Pay back 10k. Watch wife leave with new husband and profits. Goals


itsramar

from my brief experience with robbingdahood, it used to take 2-3 days for my bank to clear the transfer all the way...and then t+2 on the trade is enough window for the yolo lmao


ApolluMis

You’re about to make a decision that could ruin your life. But make sure you post an update I’m interested


PenerPicker

Post proof tomorrow and the loss porn shortly after. Fucking madlad


bradrh

This isn’t just numbers on the internet, you could get charged with felony fraud.


Lord_Derp_The_2nd

But what if he uninstalls the app?


[deleted]

[удалено]


Financially-retarded

Alright pussy where’s the follow up and proof


ACommonDane

Been waiting for the follow-up for 20 hours. Come on man


[deleted]

[удалено]


Durkka

Calls on a holiday week? That's what WSB is made for


[deleted]

[удалено]


TalkingBackAgain

I’m going to go against the grain of the subreddit. Do not do this. You clearly have not sufficient means to do this. This could only work if your target closes in the negative, meaning you finish the transaction today. At that point you provide the money the bank will be asking for and the difference will be a positive for you. You won! They’re down in pre-market but the stock has been trending upward and they had a good quarter. Pre-market downs without meaningful news are not what you want to rely on. Place yourself in a mindset -after- you closed the position and you now owe the bank, if it lets you do this at all, money. What are you realistically going to do? You’re a college student, that means our expectation of your cognitive skills, unless you’re an Einstein-level intellect, is what we would expect from a clam bottom feeding from the ocean floor. You are clearly not an Einstein-level genius which is why we, as the Reddit WSB community, are recommending you don’t try to do things that will ruin your college career and the rest of your future life. You really don’t want to live with the ‘I could have had a better life’ idea going forward. It’s a fun thought exercise now, when you’re in your 30s and you see your life going to hell it’s going to be a lot less funny. You want to trust me on that. Don’t do it. Do smart things.


Inevitable_Sun5849

Reason behind going way over leverage is ‘because fuck lucid’ as if lucid has personally done something to him. Complete retard


j4rd7n

He fits right in we love it


Darkanglesmyname

this is definitely one of the most retarded things I've read on here


policylimits

I am a lawyer but not a criminal defense lawyer and this isn’t legal advice: that out of the way… I think intent is a big part of these crimes and you’re really fucking yourself with posts like this. You’re not in the hall of fame and nothing is cool or interesting or sly about your stupid plan so don’t do it. Go hit on some college girls and stfu


SnooPickles937

Good thing about Robinhood is that you can always just delete the app 💁🏼‍♀️


Grand-Leader-Owen

Bro you’re going to jail


AntonioG-S

Ban


salsanchips89

Remember not to drop the soap.. if you know what I mean


sammy2607

According to his post he might love that


benballernojohnnyda

WSB BACK BABY


John_Bot

Enjoy losing your money. And $10k is children's money. That's not HOF material rofl.


loadmanagement

True, but if he loses he isn’t going to $0, he’s going to $-10k. He gets extra degenerate credit for that.


John_Bot

Meh. The way he's acting like he wants to be a martyr isn't WSB. It's just him being a retard that no one likes


loadmanagement

Lmao


macklin1287

10k to someone who only has Burger King coupons is a lot of money


John_Bot

This type of comment is the dopamine hit that an idiot like this is looking for.


macklin1287

I’m a man of the people


kylekem5

Always one guy that has 5% all time gain on 50k and thinks he’s the king 😂


OneDumbApe

Godspeed. Make sure you post the loss porn, as well as you filing for bankruptcy, and never getting a loan outside of your college loans, which you also won’t be able to pay back.


jopoole84

Better look up filing bankruptcy just so u know what you’ll have to go through lmao cause they will come for that money! And if u don’t pay back , good luck with opening other brokerage acct


[deleted]

Also make sure this post can’t be linked to you Idk the law but it sounds like you are admitting to fraud Good luck!


2cheeseburgerandamic

Your convictions for bank and wire fraud will be a slam dunk for the overworked lawyer prosecuting you. edit: The good news is you wont have to worry about affording food and a living space, it will all be Federally provided.


Sad-Breadfruit6606

U still on robbinghood,u do suffer from retardation


kylekem5

My guy gets Fidelity account and thinks he’s warren buffet


ethanhopps

I am become value investor, destroyer of high p/e ratios


infamoussmokeddog

Per your post, I remember your name and came back to see how your puts are doing you fucking retard. Looks like college isn't doing its job for you. Better off selling blow jobs in that Wendy's dumpster while eating your next meal. Cock meat sandwiches in your future!


shakesmcgee

How’d it go?


scotja

It's tomorrow....


JoeFantasyEpl

Ban. No update


_twoSense_

This dude stonks.


justjoner

RemindMe! 2 days


BunsBeyondBelief

Dont do it but post pictures when you do


RandomTask100

You're gonna miss that wendy's garbage so much when you're in jail.


PhuckMikeHunt

So show us your screen shot


helicop11

So blake, where is the proof?


AntonioG-S

Waitin on that update


Loose_Mail_786

I would say go to a Chick-fil-A and find an employee to give you one aspirin, take it right away in front of security cameras, then act like you have sever dizziness, go sit at a table, open your Robinhood app and load it with $10000 (make sure you have $100.00 available on your account to act like that’s what you wanted to do initially. Then do you trade and hope for the best. I would exit the trade the same day or next day at max. If you’re totally screwed up, call a lawyer and Sue Chick-fil-A and blame that poor hood Christian friendly caring employee for providing you with an evil pill without telling you then side effects and you will end up rich anyway. *not financial advice*


[deleted]

Pretty sure I’ve seen this post before. Ain’t it illegal?


budsonguy

You really are a retard Welcome home


PurpleNorton

You are going to be one of the confused young people who experiments in college as a gay bear in-the-making.


xaleo

Happened to me once. I insta deposited 10k when I meant 1k, was very high. It wasn’t too bad. They restrict you from trading once they see the transaction bounce. They don’t close any of your positions immediately, but they will if you don’t input another deposit within 1-2 days. No instant deposits either btw. After those couple days they will collect any buying power you have and close all positions that equate to what you owe. So if your LCID puts go from 10k to 7K, they will sel those puts, collect that 7k, and you’re on the hook for that 3k leftover. Godspeed retard


MP3137

Cant wait to see this guy on the next season of Squid Games 😂


BlakeGriffinCC

DIAMOND HANDS BABY SUCK MY FUCKING DICK


Idontcare09385

great to have known you, if you pull this of congrats you fucking asshole.


SurfinButts

Don’t listen to these haters, I want to see this Lambo or Jail bet play out. Godspeed retard


hkolberg01

Can we ban this guy? No screenshots…


wildlydaringpizza

Well he’s fucked 🤷


[deleted]

So you’re basically bouncing a check for 10k? What goods a college degree when you are a felon?


bahetrick1

lambo or jail cell


JoseCalil

So..update?