Just checked my stock portfolio and see Robinhood at $16.69. When is this going to stop? Don't have any money left to average. #robinhood
why do you think it's going to stop
Better bring some meme coins to increase trading volumes and profit 😊
Let it fall, I am buying, finally selling my Amazon shares after 8 years 💰
How much further can it drop you say? The answer is right in front of you. Any stock can go to zero. Do they have more debt than cash? Do they have more free cash flow than expense? They make the most when people are stupidly buy/sell crazy. If the market loses froth HOOD loses revenue. Nothing nut punches froth like rising rates and waning QE.
Ummm, this isn’t a value stock. Look at Uber. They still have yet to turn a profit and they’re at $42.
Uber still has a promised land theory of driverless cars which will lead to profit Hood’s path to profit relies on gambling addictions.. which is a big for sure just maybe not big enough
Those fuckers are going to hell
Lol, lose much on GME 🤣
Is it worth $15B? Another 1/3rd drop possible
Fair value is probably 5b$. It’s your fault that you bought into the hype. Own it and move on.
Die hood
:( introduced 11 million people to investing but ppl still mad
“Investing” is a misnomer in this case. More like introduced 11m people to gambling. Responsible investing requires you to have knowledge of how to research and evaluate financial statements and stuff, or better yet, just go with index fund investing. Instead Hood gamified day trading with all the fun confetti and animations to encourage frequent trading. Not to mention pushing people to trade options, which is extremely risky for most non professionals. I don’t have a bone to pick with hood as I wasn’t in on the GME stuff like some people here, but it is cathartic to see hood getting knocked down a few pegs after all the hype around them being a revolutionary when in reality it’s just another brokerage with a fancy UI.
Like NKLA before it, HOOD shall crumble under its heavy blanket of greed and unethical “leadership.”
This is the reality. They do not have anything to distinguish themselves in terms of an idea, they are just a sleek UI which is so easy to replicate. Their leadership tried robbing the hood and now employees and stock holders are paying the price.
You tell us sir. Credit Suisse asking for suggestions? Fucking upgrade the PT to manipulate the price sir
Actually all these analysts seem fraud to me. When an analyst issues price target and the stock is no where near it—that company should be sued by the holders who bought on that guidance🤷🏽♂️
These bankers have deep pockets and can keep on shorting and averaging down longer than retail so don’t be affected by short term price target. At some point when they load this up they will let it fly. Don’t try to play game with someone who is better player than you. So, just do what whales are doing. Ride the way up. Patience = Paytience