Things are still shit in the HOOD.

maxinger said:
------ quote in reverse ---------
Can some non-bag-holders here try to convince me on why I should sell it now? After all, $70 a share was too high, and $18 is still high
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hmmm .....
Will it go below $18?

And if it goes below $18, where is the next target? $10? $5?

despite all the hype, the chart says it is not bullish.
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It should not be non-bag holders trying to convince you. If you are a fundamentalist look at the metrics of the firm and their. business model. If you are a chartist look at the chart.Then make a decision.
 
The_Krakenite said:
I avoided the hype when every millennial was shoving in their covid paychecks into this hand-over-fist.

But that said, even I wasn't prepared to see how utter shit this company was going to continue to perform.

Taking a look now, I see the abysmal performance of the stock which has fallen from over 70 bucks a share to under 20 and the performance just continues to draw down.

The PE seems very high, that's the good news.
The bad news? It's negative!

Profit Margin -183.63%

CashFlow was over a quarter BILLION dollar US loss for the last 12 months.

Can some bag-holder here try to convince me on why I should buy it now? After all, if it was such a great bargain for $70 a share, it just has to be a steal for $18 right?
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Lend out your stock at interactive brokers as the borrow is 100-200%.
 
Overnight said:
How does this happen for a fintech company with no brick-and-mortar exposure, no hard overhead. Hell, they don't even have a phone line for support.

What are they spending that money on?!?
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https://www.sec.gov/edgar/browse/?CIK=1783879&owner=exclude

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zdreg said:
How can it be a range? my guess is that less than 10% would you be good enough to check i am having computer issues. tia
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It was a 136% and then it went up to in excess of 200%. Access the ftp and report back.
 
I am seeing 1.5 days to cover on 12/15/21. Institutions only hold 55%. What would justify the high borrow rate? It is keeping an artificial floor on the stock.
 
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