Robinhood Markets Inc. Class A Common Stock
$0.16 (1.29%) Today
52 Week High
52 Week Low
7 Days Mentions
Ok here are more details of my HOOD account. Again, yes I’m a lazy retard still using HOOD. Anyways, interestingly I can still trade options and sell my shares and but only can’t buy more shares. As you can see I don’t even use margin and do daytrade with this account. What could be the cause?
Call me a lazy retard still using HOOD. Anyways, I’ve been unable to buy any shares/options on the app since the beginning of the year. I already sent an email to then about a week ago but still haven’t heard back. Any idea what’s causing this besides the fact that HOOD being HOOD?
I wanted to average down my $NVDA holding. I know I’m retarded for still using $HOOD app in the year 2022. But in all seriousness, why am I on a restriction? I read their explanation on their website but don’t quite get it. Currently waiting for a response from them to my email.
If I was going to truly YOLO something I would take a position against or for something that has earnings coming out soon. I feel bearish right now so I have puts purchased against HOOD, I would recommend something with a higher value. I personally think that tqqq will probably see a lot of volatility, it seems ridiculously cheap right now and I am fighting the urge to purchase shares. Knowing my luck it will only continue to drive deeper into the ground.
HOOD fair value is $2-3 at most. They lose an exorbitant amount of money, and are still valued at 10x sales... which is frankly obscene and unwarranted as a brokerage. Plus they are likely to contract in revenue as market has been quite bearish in the retail oriented positions. In this market they will be hammered down to 2-3x sales at least.
My guess is their eeanings projectionsn for 2022 are going to be shit and they're going to tank. Besides, every retail investor pretty much just lost their bankroll and a lot of people hate HOOD. They aren't going to have any customers.
Are you all ready for the greatest comeback of the year? Tomorrow, HOOD reports. Vlad the impaler, who fucked so many of you last year, will be given his chance at repentance. He will bestow everyone here with so many tendies, that he will now be known as Vlad the magnanimous. You will be rich, but you have to give Vlad a second chance. Buy HOOD before earnings and I will see you on the dark side of the moon. HOOD 🚀 🌝
...also a great opportunity to get familiar with the "worthless asset liquidation request" form at your new brokerage. Why a new brokerage? Well - it's probably fair to say that the RH app is not going to work properly when $HOOD hits 0.
Your crypto might be subject to some issues, but i think that is held by a third party and not HOOD itself. But everything else you have on hood is SIPC insured. So if RH goes tits up you still get your account value out of the company.
I bought my first ever put on HOOD this morning. Was up a little over 20% at close. Negative sentiment alone is good enough reason to have some skin in the game. Earnings could be great, and I'll still expect a red day. I have a feeling that Mr. Griffin has his eyes on this RH user interface that everyone talks about. Vlad sold at the top, price has fallen since IPO, and Citadel is obviously making moves to get into crypto. Potential acquisition in the future? Who knows. But it Should be an interesting ride for some ... not me, but some.