RobinHood...

[The_Krakenite]

And there it is... the once at going for $85 a share is down to just SINGLE DIGITS today.

 

[maxinger]

Finally!!!!

The support has been broken

Congrats to those who shorted it early

 

[zdreg]

Balance Sheet
Cash & Cash Equivalents 10.30B
Net Cash 10.30B
Net Cash Per Share $12.32
Book Value 7.29B
Book Value Per Share 8.73

It is now beginning to be of interest as a buyout candidate.

 

[The_Krakenite]

That... abysmal EPS hahaha!

 

[nitrene]

They have $6.3B in cash & equivalents and another $6.7B in receivables and a market cap of $8.6B. Of course they are bleeding $100M per quarter in cash. Seems like a buyout candidate for some PE, LBO or competitior maybe FTX or Coinbase.

*Data was from CFRA for 2021Q4 via my TD Ameritrade account.

 

[zdreg]

What are they spending money on? There are no traders to pay bonuses to. They don't have offices and customer service is minimal.

Kevin O'Leary wants to know the answer to your question.

 

[ET180]

RobinHood needs congress to send out another $4k in stimulus checks to reload their client accounts. Crypto has also been lagging since the stimulus has dried up. I appreciate what RobinHood has done though. Even if you don't use them, they put pressure on existing brokers to keep their costs down.

 

[TrailerParkTed]

Balance Sheet
Cash & Cash Equivalents 10.30B
Net Cash 10.30B
Net Cash Per Share $12.32
Book Value 7.29B
Book Value Per Share 8.73

It is now beginning to be of interest as a buyout candidate.

Absolutely!

 

[The_Krakenite]

 

[JackMorgan]

Vlad The Impaler