Robinhood - HOOD

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GT
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Robinhood - HOOD

Post by GT » Thu Jul 01, 2021 1:01 pm

Robinhood reports explosive growth, stock will trade as HOOD

The company revealed the revenue surge in a filing with the Securities and Exchange Commission Thursday, as it prepares to sell its own stock on the Nasdaq for the first time. It plans to trade under the symbol HOOD.

Will be a fun one to watch - anyone placing any bets?

https://www.msn.com/en-us/money/compani ... cid=msnews
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I Shrugged
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Re: Robinhood - HOOD

Post by I Shrugged » Thu Jul 01, 2021 2:01 pm

I know high school and college kids trading on RH. Seems like a sign.
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GT
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Re: Robinhood - HOOD

Post by GT » Thu Jul 01, 2021 3:11 pm

I Shrugged wrote:
Thu Jul 01, 2021 2:01 pm
I know high school and college kids trading on RH. Seems like a sign.
Yep - All the hip new kids trade with RH

Will be interesting to see how all this plays out - hot new trading platform that helped drive up GameStop prices or a flash in the pan that has already been busted by the financial regulators

"Robinhood fined $70 million for misleading customers

The stock-trading app Robinhood was ordered to pay nearly $70 million Tuesday by financial regulators for misleading its customers, causing them to lose millions of dollars.

A major player in the recent stock market frenzy, Robinhood says its mission is to stand up for the little guy and "democratize finance." But in a 123-page complaint, the Financial Industry Regulatory Authority said Robinhood inflicted "widespread and significant harm" to millions of customers by providing them with false information about their investments."

https://www.msn.com/en-us/money/compani ... cid=msnews
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GT
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Re: Robinhood - HOOD

Post by GT » Thu Aug 05, 2021 9:46 am

So far - lots of activity Robinhood - HOOD

IPO went live July 29th

So far low of 33.89 to a high of 71.58

I know nothing about day trading or stock picking but it is fun to watch -

I like the thought of having a small stock picking VP - small start up amount self funded off the "winnings" - if it all goes south, lesson learned

Having a small stock picking VP might keep me from over analyzing my primary retirement accounts (AKA tinkering)

Would give me something to analyze over
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