Trading Platform for Regards ($HOOD) Reports Q3 Earnings today, After-Hours
Hello my fellow regards,
I come to you today asking for not only your thoughts and your advice, but also for your honesty. I want you regards to think about this for more than half a second before you say the first thing that comes to your degenerate minds.
Before you read this, keep in mind Robinhood stock $HOOD has been on a run, up 70% in the past 3 months.
I am a regarded Robinhood user myself. I signed up for Robinhood Gold in July of this year for all of the attractive perks (no, not those attractive perks Diddy) that they offer:
• 4.5% interest on uninvested cash (was 5% until the FED cut rates)
• 3.0% IRA Contribution match
• 1.0% Deposit match
• $1k of interest-free margin
• Level 2 Market Data
In addition to these perks, Robinhood has launched a new advanced desktop trading platform (Robinhood Legend) and also offers a new credit card exclusively for Gold members that earns 3% cash back on all purchases, which is pretty rare. I think it is bullish that they are offering an unprecedented amount of cash back on all purchases - they must be doing pretty well to be able to offer this, right? And the only way to gain access to this credit card is through signing up for Robinhood gold.
I think Robinhood’s platform is likely the preferred choice for the younger investor due to its easy to use and intuitive interface. It’s like the iPhone of stock trading apps. But, with these new offerings from Robinhood, including their new advanced trading platform, I could see it appealing to more and more older investors and retaining a higher percentage of their users as they get older, while continuing to be the preferred choice for the younger investor.
Robinhood got me to sign up for Gold this summer. I am enjoying the perks and am confident I am making more money with these perks than what I am paying to have access to these perks ($5 per month). I think Robinhood’s platform is the most user friendly and easy to use.
That is why I am long $HOOD. Although the stock is on a 70% run over the past 3 months, I believe the stock will moon after their Q3 earnings report is released. Who is with me? Who is against me? Anybody buying Puts? Let me hear your honest thoughts on the stock you regards.
Jk, let’s all just buy FD’s
Going to wait until just before market close to load up on 11/1 $30c