Robinhood (HOOD)...What am I not seeing??

C

Cabin111

I know what it did today. But, could this be a .com bubble stock??

A few years ago it seemed that they had a $50,000,000,000. (fifty billion) market cap!!

They had one quarter where they squeezed out a 2-3 cent profit (smoke and mirrors).

Every other time it's a loss. The market rewards them when their quarter is a smaller loss than expected.

I know there is future profits for them. I use to own the stock...Even though it scared me.

It now has a 9.106 billion market cap...With no profits in sight!!

Are we looking at Pets.com? Chime in please...
 
There are far too many trading platforms & brokers.

Even if they offer countless free newsfeeds and seminars
and indicators, newbies will soon find those useless.

The bottom few (HOOD?) will have to close down.
 
Cabin111 said:
I know what it did today. But, could this be a .com bubble stock??

A few years ago it seemed that they had a $50,000,000,000. (fifty billion) market cap!!

They had one quarter where they squeezed out a 2-3 cent profit (smoke and mirrors).

Every other time it's a loss. The market rewards them when their quarter is a smaller loss than expected.

I know there is future profits for them. I use to own the stock...Even though it scared me.

It now has a 9.106 billion market cap...With no profits in sight!!

Are we looking at Pets.com? Chime in please...
More...
Kathy Wood has been scooping up shares all week. She made a double off COIN, Hood’s crypto business pumping with BTC. What Vlad did to GME players was evil, their reputation has never recovered. The penny option traders love Hood. I have no idea, I only play momentum.
 
(Bloomberg)

Crypto comeback
Bitcoin has surged more than 165% this year, driving gains in crypto stocks highly linked to the price of the digital asset. That’s made betting against such stocks — like Coinbase, MicroStrategy and Marathon Digital — a losing bet for short sellers, who are now running paper losses of $6 billion so far this year, according to one estimate. The total market value of cryptocurrencies has jumped some 12% — or $180 billion — in the past seven days alone. But one coin that’s missed out: Binance’s BNB token. It’s a sign of the challenging outlook for the largest crypto exchange after it pleaded guilty to US charges and was hit with a $4.3 billion penalty. Meanwhile, Robinhood is launching commission-free crypto trading in the European Union today and long-time skpetic Jamie Dimon said he would shut down the whole crypto industry if he was in government rather than at the helm of JPMorgan.
 
SunTrader said:
(Bloomberg)

Crypto comeback
Bitcoin has surged more than 165% this year, driving gains in crypto stocks highly linked to the price of the digital asset. That’s made betting against such stocks — like Coinbase, MicroStrategy and Marathon Digital — a losing bet for short sellers, who are now running paper losses of $6 billion so far this year, according to one estimate. The total market value of cryptocurrencies has jumped some 12% — or $180 billion — in the past seven days alone. But one coin that’s missed out: Binance’s BNB token. It’s a sign of the challenging outlook for the largest crypto exchange after it pleaded guilty to US charges and was hit with a $4.3 billion penalty. Meanwhile, Robinhood is launching commission-free crypto trading in the European Union today and long-time skpetic Jamie Dimon said he would shut down the whole crypto industry if he was in government rather than at the helm of JPMorgan.
More...

Well spotted!
 
TrailerParkTed said:
Kathy Wood has been scooping up shares all week........I have no idea, I only play momentum.
More...
%%
THAT widow woman [kw] seems to do better+ better than average;
not with the crypto cr*p.
Some one in Pro Farmer MAGAzine bought human Cr*p from chicago+ corn field sprayed it LOL;
some has to do that + make rat poison\ + if one likes Cr*P, not me .
 
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