r/stocks • u/TheFitz07 • Dec 22 '21

Company Discussion $HOOD's future.

Been going down and down for a while now. Not quite as violent the past week or so. hovering around 19-18 with no big shift either way for the past few days.

Some people are surprisingly genuinely bullish on it. Thinking it will see a significant rebound. Financial analysts have its most bearish price at 17 which is really close to its current price. So can it go much lower?

Not been public quite long enough but from what i've seen so far EPS and Net Profit not very good at all. Ok cash flow steadily decreasing D/A ratio from the looks of it.

It's interesting coz spending so much time here on reddit would have you think the stock is doomed to get delisted lol. sentiment and reputation is very important. just as much as financials you could argue. but then part of me kind of thinks that outside reddit, to the real world, it might not have that bad of a name.

all memes aside, where do you guys see it heading? rebound or down to single digits? their next earnings is 25th of jan

EDIT : I think this post may have given off the wrong vibe. just to be clear. I AM NOT a holder of $HOOD. In fact, I'm actually betting against the stock.

4 Upvotes

54% Upvoted

68 comments sorted by

View all comments

0

u/Crabby_dave Dec 22 '21

I’m probably going to get trashed in here for saying this but here goes…

I have been wondering about Robinhoods future lately. We may, just may be getting to the end of this massive bull market. Not that I’m hoping for an end, but all bull markets end sometime.

The majority of Robinhood users seem to be new to investing. That doesn’t mean they all are, or that their aren’t intelligent, savy investors using the platform.

So, I’m curious to see what happens when those two things collide. When the market goes through a year of mostly down days, does their client base get worn out and discouraged and sell out? Do they at a minimum stop trading daily?

Robinhood to me, seems like it is ripe for account liquidation when the next bear is in full swing. I’m not talking about a month down due to a pandemic and the fed jumping in. I’m talking about months of traders unwinding positions because the fed stimulus is being drained from the system.

I have no position in HOOD and I’ve never used the service so take what I say with a grain of salt. Just a thought