Since Moomoo is on margin account...
$GameStop(GME.US$ are shares on moomoo being lent out or is it ours, and will moomoo screw around with our shares when MOASS happens?
I'm wondering because I'm strongly considering swapping to a broker with cash account.
Thanks
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Kyle Beekman : i swapped as soon as i found out. moomoo is a subsidiary of IBKR , bad news. they restricted (and gloated) during the january gamma. hope this helps
71505633OP Kyle Beekman: wait a second, I thought Moomoo was a subsidary of Futu Holdings
stonktrader25 : Watch who you trust look it up on google a lot of bad people out there right now.
stonktrader25 stonktrader25: Let me know what you find out.
Parkway_Drive21 Kyle Beekman: Not sure where you got that idea, but it's a subsidiary of Futu Holdings. I just looked it up myself.
71505633OP : Alright, it’s pretty bad
Cookie693 : Futu holdings.
such deals.
your money is safe with moomoo.
Ghioxies : If you buy a share on margin, yes it can be lent because the bank owns it not you. Don’t buy on margin and they can’t lend your shares.
RickSanchez69 : None of my shares were bought on margin - I don't believe in borrowing to invest.
Tbiggs 71505633OP: If u trade on margin.
View more comments...