All things STOCKS

#14,277
#14,277
I don’t have a lot of confidence in HOOD. They target smaller net worth traders and they pissed off a lot of them when they shut down trading the meme names in order to let the big guys get out of their short squeeze. Plus they rode the crypto wave which doesn’t have a ton of momentum right now. At one point they were overly dependent on order flow revenue. I’m not sure where that stands ATM.
 
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#14,279
#14,279
Thunder Good-Oil said:
I don’t have a lot of confidence in HOOD. They target smaller net worth traders and they pissed off a lot of them when they shut down trading the meme names in order to let the big guys get out of their short squeeze. Plus they rode the crypto wave which doesn’t have a ton of momentum right now. At one point they were overly dependent on order flow revenue. I’m not sure where that stands ATM.
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Well my $11 calls are looking good….
 
#14,281
#14,281
Thunder Good-Oil said:
I’m speaking longer term. Not short term trading which is a coin flip or more like luck of the draw casino-like returns. Except that the house doesn’t take as big of a piece.
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Haha, yeah….long term I suspect they’ll get bought by one of the bigger players. The platform is by far the easiest, most user friendly model. I see y’all bitching all the time about other mobile apps, and I have to agree. WeBull is probably my favorite, but Hood definitely taught me how to trade.
 
#14,282
#14,282
My bet is that HOOD doesn't have a revenue stream that any grownup company would take, and they'll just quietly wait for them to go bankrupt FOR NOW. Before that happens, it's certainly possible that HOOD will change their business so that they have some money coming in.
 
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#14,283
#14,283
Firebirdparts said:
My bet is that HOOD doesn't have a revenue stream that any grownup company would take, and they'll just quietly wait for them to go bankrupt FOR NOW. Before that happens, it's certainly possible that HOOD will change their business so that they have some money coming in.
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Y’all keep these thoughts to yourself until about 9:35am tomorrow so that I can sell my $11 calls 😂
 
#14,284
#14,284
Firebirdparts said:
My bet is that HOOD doesn't have a revenue stream that any grownup company would take, and they'll just quietly wait for them to go bankrupt FOR NOW. Before that happens, it's certainly possible that HOOD will change their business so that they have some money coming in.
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Maybe a bank without a good trading platform could buy HOOD for the technology. That is what Morgan-Stanley was doing when they bought E*Trade. They needed to enhance their’s. They also have a place to put their smaller accounts so they can have their foot in the door for future wealth management clients.

B of A already has Merrill Lynch from the fallout after the Great Recession but I have no idea if their website/app is well liked.

Schwab bought Ameritrade and probably made that purchase to grow their AUM. The 2 platforms are each pretty good. I prefer Ameritrade’s and I don’t generally utilize the desktop version.

HOOD is a small cap. Under $10B market cap. They might be a good fit for a regional bank or Wells Fargo or Citi or Goldman. Or those big ones could just invest in their own systems. The regionals aren’t much bigger than HOOD, so that type of transaction might not be viable.

HOOD will struggle to be profitable if their payment for order flow revenue goes away.

I think that IBKR might be a good broker to invest in. They have a smaller market cap than HOOD. And they’re a far more professional operation.
 
#14,285
#14,285
Thunder Good-Oil said:
Maybe a bank without a good trading platform could buy HOOD for the technology. That is what Morgan-Stanley was doing when they bought E*Trade. They needed to enhance their’s. They also have a place to put their smaller accounts so they can have their foot in the door for future wealth management clients.

B of A already has Merrill Lynch from the fallout after the Great Recession but I have no idea if their website/app is well liked.

Schwab bought Ameritrade and probably made that purchase to grow their AUM. The 2 platforms are each pretty good. I prefer Ameritrade’s and I don’t generally utilize the desktop version.

HOOD is a small cap. Under $10B market cap. They might be a good fit for a regional bank or Wells Fargo or Citi or Goldman. Or those big ones could just invest in their own systems. The regionals aren’t much bigger than HOOD, so that type of transaction might not be viable.

HOOD will struggle to be profitable if their payment for order flow revenue goes away.

I think that IBKR might be a good broker to invest in. They have a smaller market cap than HOOD. And they’re a far more professional operation.
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I have a Merrill Lynch account and the mobile app is terrible.
 
#14,286
#14,286
VolAllen said:
I have a Merrill Lynch account and the mobile app is terrible.
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Then they’d be a good candidate to buy HOOD. But IBKR would be a better fit for ML/BoA. BAC is a $300B market cap. They could easily buy HOOD. A regional or IBKR would be more like a merger of equals and I just don’t see HOOD as being an equal.
 
#14,289
#14,289
Velo Vol said:
Never tried the mobile, but I have a small account there and Merrill Edge - Online Investing, Trading, Brokerage and Advice on desktop is lame. The phone support when I called about an issue seemed quite lacking, too.
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Phone support at Morgan Stanley is outstanding. I generally haven’t had to call for Fidelity, Ameritrade, or Schwab - I typically figure out my issue eventually (which is usually they’re hiding information in hard to find spots).
 
#14,290
#14,290
Velo Vol said:
Never tried the mobile, but I have a small account there and Merrill Edge - Online Investing, Trading, Brokerage and Advice on desktop is lame. The phone support when I called about an issue seemed quite lacking, too.
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It’s definitely for “investing” rather than trading, because I could barely figure out how to buy or sell lmao. If you do eventually figure out how to buy something, you certainly don’t feel like selling it
 
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#14,291
#14,291
Thunder Good-Oil said:
Phone support at Morgan Stanley is outstanding. I generally haven’t had to call for Fidelity, Ameritrade, or Schwab - I typically figure out my issue eventually (which is usually they’re hiding information in hard to find spots).
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In my limited experience, Fidelity has pretty solid support for their mobile and browser-based platforms. So far, when I have called it as been easy to get through to them and they've been knowledgeable/helpful.
 
#14,295
#14,295
Vanguard filed with the SEC that they hold a 7% position in HOOD. I don’t know if that means the shares owned across all of their funds or the entity Vanguard holds the shares. I’m guessing the former.
 
#14,297
#14,297
Thunder Good-Oil said:
Vanguard filed with the SEC that they hold a 7% position in HOOD. I don’t know if that means the shares owned across all of their funds or the entity Vanguard holds the shares. I’m guessing the former.
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I had that same question. Thinking that means all the Vanguard funds added together amount to 7% of the HOOD stock.

But, it is a great question..
 
#14,298
#14,298
Velo Vol said:
Was your selling driving by this AI "war"?
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Just getting out for now, putting more into NVDA for AI/ChatGPT. After the earnings on the 22nd for NVDA, I’ll see where Google is. If it stays where it’s at now I’ll get back in.
 
#14,299
#14,299
Majors said:
Just getting out for now, putting more into NVDA for AI/ChatGPT. After the earnings on the 22nd for NVDA, I’ll see where Google is. If it stays where it’s at now I’ll get back in.
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This comparison between the press conferences is interesting. Obviously one shouldn't put a great deal of weight on that alone, but these AI functions could shake up search.

 
#14,300
#14,300
Velo Vol said:
This comparison between the press conferences is interesting. Obviously one shouldn't put a great deal of weight on that alone, but these AI functions could shake up search.

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It was very costly and un-Google like moment for sure.
 
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