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(Yahoo)   Robinhood managed to steal from the rich after all   (finance.yahoo.com) divider line
    More: Followup, Initial public offering, Robinhood Markets Inc., IPO price, MF Global Holdings Ltd., meme-stock revolution, much cash, worst debut, U.S. firms  
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923 clicks; posted to Business » on 30 Jul 2021 at 2:50 AM (8 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



13 Comments     (+0 »)
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2021-07-30 3:21:48 AM  
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2021-07-30 3:55:32 AM  
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That's a split between Crockett and Tubbs and Milli and Vanilli
 
2021-07-30 5:43:47 AM  
With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.
 
2021-07-30 6:20:16 AM  

Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.


Shhhhh! Sensibility has no place in a Fark thread!

/would be interested to see how many Robinhood users turned around and dumped some of that cash they made into the IPO; full circle and whatnot
 
2021-07-30 7:25:29 AM  
I think you have that backwards. Ideally for a corporation, if the IPO is priced correctly then the stock won't pop on day one.  It means the corporation got the most cash for operations that the corporation was worth.  Robinhood may have gotten more.

I don't know who bought yesterday, but if mom and pop did, it has to sting being down 8% when in popular culture, all IPOs pop big on day one.
 
2021-07-30 7:39:26 AM  

Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.


I've learned that most everything on CNBC is an ad.
 
2021-07-30 8:04:10 AM  

Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.


Getting investment advice from CNBC is akin to following advice on TikTok or Twitter. No thanks.
 
2021-07-30 8:56:12 AM  

Rapmaster2000: Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.

I've learned that most everything on CNBC is an ad.


It's also a comedy.  Watching all of the hosts between 9-10am get really annoyed at Jim Cramer's 'old man yells at cloud' ramblings, and watching the strength of their restraint get saved by commercial breaks is hilarious.
 
2021-07-30 9:16:13 AM  

Creoena: Rapmaster2000: Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.

I've learned that most everything on CNBC is an ad.

It's also a comedy.  Watching all of the hosts between 9-10am get really annoyed at Jim Cramer's 'old man yells at cloud' ramblings, and watching the strength of their restraint get saved by commercial breaks is hilarious.


I used to watch CNBC about 15 years ago when I was getting ready for work.  In between commercials to retire in The Villages, they had whatever show with Joe Kernen.  He is the most value-less anchor on television.  He just makes pfft and harrumph noises.  Is that the 9-10 show?
 
2021-07-30 9:30:46 AM  

Rapmaster2000: Creoena: Rapmaster2000: Creoena: With all the publicity this IPO got, it was a clear sign the stock was going to be trash from the get-go.  Not one thing CNBC and others kept parroting about how "revolutionary" Robinhood is makes sense.  Robinhood does pretty much the same thing everything else does, just worse.  When the market has a 10-15% correction between now and the end of October, I'm curious how many of their subscribers with ~3-4k in the market and the attention span of a gnat stick it out now that the easy money is made.

I've learned that most everything on CNBC is an ad.

It's also a comedy.  Watching all of the hosts between 9-10am get really annoyed at Jim Cramer's 'old man yells at cloud' ramblings, and watching the strength of their restraint get saved by commercial breaks is hilarious.

I used to watch CNBC about 15 years ago when I was getting ready for work.  In between commercials to retire in The Villages, they had whatever show with Joe Kernen.  He is the most value-less anchor on television.  He just makes pfft and harrumph noises.  Is that the 9-10 show?


No he does the show before that one.  And yes, he is worthless.  He's a master of taking serious conversations and derailing them into rants and questions about nonsense.

Luckily CNBC comes free with the thinkorswim platform, and commercials are replaced with a "We are in a commercial break brb" type message so no commercials.
 
2021-07-30 12:39:07 PM  

morg: That's a split between Crockett and Tubbs, Milli and Vanilli, and Douche and Bag


FTFM
 
2021-07-30 7:41:19 PM  
So I was curious about the other company that did that bad MF Global. They completely collapsed less than 5 years later.
 
2021-07-31 9:01:23 AM  

morg: [s.yimg.com image 850x637]
That's a split between Crockett and Tubbs and Milli and Vanilli


You achieved the "Audible Snort" badge from me. Congratulations and may you enjoy continued success.
 
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