Grrrrrrr
$Keyarch Acquisition Corp(KYCH.US$ MM used to be great about converting! As a matter of fact. It was the main reason I opened another account here! Last SPAC I played didn’t convert in time! Now shares not converted again! Its almost like its being done on purpose to give institutions/insiders a hand?
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Jaguar8 : Exactly. They are useless
Trytosaveabit OP Jaguar8 : Right
Jaguar8 : And they will give you answers with their standard spiels. They should know traders use their brains.
Trytosaveabit OP Jaguar8 : That’s how it was for me the first time this happened! And I just thought fluke! Because they converted all other times!
Jaguar8 Trytosaveabit OP : I’m just so mad because I had to wake up 1AM PT just to make sure I can monitor and sell new ticker when needed. But here you are Moomoo doing what is “best” for them and not for clients. Imagine how many Moomoo traders trapped right now who can’t trade their shares because of their inefficiency or lack of foresight. Didn’t they learn from previous mergers that shares should automatically be converted. I’m not a techy guy but I sense this as deliberate.
Goldi_stocks : Same reason I opened this account. The conversion was late yesterday, and I lost some $, and now this one today. Ugh
Trytosaveabit OP Jaguar8 : As do I!
FloridaCash : Agreed, plus it's the only reason I joined MooMoo, too.
These screw ups on MooMoo are huge. Their customer service and charts are bad, really bad. I use "WB" for all my other Trading bc the MM chart is soooo bad. I cannot technically trade in MooMoo.
It's hard enough to find how many shares I own, bc the MM platform is sloppy.
Next, their ridiculous IPO pre-order for $500 is not feasible, IMO. wb Offers $100 so all my IPOs are with WB.
MM has gone downhill, plus I don't see many people trading in MM anymore.
I don't keep much money in MM JIC they fold or go under. it's only a matter of time, IMO.
Trytosaveabit OP FloridaCash : Yeah I agree! My whole purpose for MM account was SPAC’s! Was always able to trade right at open! Then a few months back I had one that my shares didnt convert for 2 days! Lost a ton! But I thought ok it was a glitch/error! Well guess I was wrong! I use WB for most of my trading but yup, they don’t allow trading until late with SPAC! Grrrr! At least the rule change for R/S is now better since WB was always late with trading them post R/S as well! WB is my main especially with no DT rule! But I do like the people here! Not as many nasty comments and just rudeness! Hehehe! So I use MM for some swings! BTW it’s been a bit since we have chatted! Nice chatting again! GL today
FloridaCash Trytosaveabit OP : I 1,000% agree here about the MooMoo people are nicer. WEBULL has a Cesspool of angry, hateful people posting the rudest comments, I've ever seen, plus I've had to reach out to WB customer service to prevent people from blocking all my posts. At least here, People are sociable.
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