RobinHood...

Discussion in 'Stocks' started by The_Krakenite, Apr 26, 2022.

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


    Screen Shot 2022-04-26 at 11.22.14 AM.png
     
    Nobert and SimpleMeLike like this.
  2. maxinger

    maxinger

    Finally!!!!

    The support has been broken

    Congrats to those who shorted it early
     
    Last edited: Apr 26, 2022
    KCalhoun likes this.
  3. zdreg

    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.
     
    ITM_Latino, TrailerParkTed and Nobert like this.
  4. That... abysmal EPS hahaha!


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  5. nitrene

    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.
     
  6. zdreg

    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.
     
    Overnight likes this.
  7. ET180

    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.
     
  8. Absolutely!
     
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  10. Vlad The Impaler

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    #10     Apr 27, 2022