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Dragonfly doji says to the upside, but this being a "meme" stock all normal behavior is out the window.
$HOOD tomorrow will be a movie one way or the other that's for sure
But alas, the PPS is still being suppressed.
Not burned bad enough... yet. Manipulation still occurring.
Hood shorts getting burned after hours
This was my favorite reading material in awhile. Good for you Vlad, couldn't be happening to a better company
"Munger says Robinhood trading app is justly ‘unraveling’ for ‘disgusting’ practices"
"Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.”
“It’s so easy to overdo a good idea. ... Look what happened to Robinhood from its peak to its trough. Wasn’t that pretty obvious that something like that was going to happen?” Munger said at Berkshire Hathaway’s annual shareholder meeting Saturday.
Munger lambasted what he characterized as Robinhood’s “short-term gambling and big commissions and hidden kickbacks and so on.”
Robinhood does not charge users commission and generates a majority of its revenue from “payment for order flow,” the back-end payment brokerages receive for directing clients’ trades to market makers.
“It was disgusting,” Munger said. “Now it’s unraveling. God is getting just.”
https://www.cnbc.com/2022/04/30/charlie-munger-says-the-robinhood-trading-app-is-justly-unraveling-for-disgusting-practices.html
Past actions (GME fiasco) did not help matters.
HOOD is done, this is the conclusion of Vlad's decision to protect hedge funds.
It is not even a slag on PFOF although I'm sure that is a factor. This stock was doomed after that.
Couldn't happen to a nicer CEO
Not specific to Robinhood; whole market is struggling.
No. Lower lows. This company is done.
Bullish reversal imminent: wallets, extended hours, cryptos added.
Exit before earnings! Stocks are selling off regardless of results!
$9.50 $HOOD earnings tomorrow after close let’s see. I yolo some calls $$$
Probably going to zero. Layoffs as they lose money!
Wow!! Nice move this morning ! $$HOOD
I know, its crazy. Never seen so much red in so many sectors
Hopefully we are reaching the bottom soon.
Listing more cryptos would be a solid move.
That's good someone is profiting.
Good question. Whole market is continuing to struggle.
Well if they did it would pop but the question is why is it still going down?
Makes no sense
Can they please list SHIB, my goodness.
Strong trading day here on $HOOD outperforming the broader market up a solid 3.500%!!
Made SO MUCH MONEY shorting this pos & it was the EASIEST SHORT ever! Now we see if they can rebuild their book. The key will be WHEN they add additional crypto ... & start to FULLY COMMIT before other's pass them by.
Looks like a NEW brokerage is emerging that does BOTH STOCKS & CRYPTO! RH may be in bad shape if they don't wise up SOONER rather than LATER!
HOOD$$ red to green $$$
I'm a trucker in Canada, been a little busy lately, we definitely know be careful lol
Huge bear trap lmao. Who top ticked today???? Lmao
Oof got that wrong
Dead cat bounce is over... back to 10 by Friday...
Huge position at 40 . Hope this goes back to that on time
A couple million shares, does not make a ton... She also bought all the way down from $38, and is holding a BIG BAG.... lol
Cathy Wood of ARK bought a ton of HOOD yesterday.
Under $10
FWIW
Today's dead cat bounce was likely shorts covering and taking their profits. However, they likely were re-shorting over $12 and with this being written about the company, I think the $HOOD stock price will go down and test the lows made Friday, as there are a lot of investors that will see this is a bleak outlook to continue to hold in a bear market...
Can’t be feeling good for shorts heading into their weekend !!
The little guy get sheared again.
The ER on this was horrific. I’m buying feb4p $12 on this spike over 12pps. Merely an rsi reset/small squeeze but shorts will reload. Nothing positive here..
Bulls make money , bears make money and pigs get slaughtered !! Bend over shorty lmao
10-12= +20%
lots of stocks recovering today
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