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

Discussion in 'Stocks' started by Cabin111, Dec 5, 2023.

  1. Cabin111

    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...
     
  2. maxinger

    maxinger

    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.
     
    EdgeHunter and MarkBrown like this.
  3. carsonsa

    carsonsa

    it seems this stock is heavily correlated to crypto prices. BTC rally likely pushing up HOOD price
     
  4. zdreg

    zdreg

  5. 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.
     
    murray t turtle and zdreg like this.
  6. Motivator

    Motivator

    HOOD is up based on crypto and also rates falling.. That brings in speculation and short covering.
     
  7. SunTrader

    SunTrader

    (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.
     
  8. Well spotted!
     
  9. %%
    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 .
     
    TrailerParkTed likes this.