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Pat Flood (@rebarcock) passed away 9/21/25. Pat played a huge role in encouraging the devolopmemt of this site and donated the very first dollar to get it started. Check the thread at the top of the board for the obituary and please feel free to pay your respects there. I am going to get all the content from that thread over to his family so they can see how many people really cared for Pat outside of what they ever knew. Pat loved to tell stories and always wanted everyone else to tell stories. I think a great way we can honor Pat is to tell a story in his thread (also pinned at the top of the board).
Robinhood IPO - $38 / Share
- Thread starter ChicagoFats
- Start date
I agree w everything you say.
Can’t believe it’s that high.
Overvalued just like most stocks these days.
Overvalued just like most stocks these days.
Amen to that. Not sure when the reckoning will be, but it will come. It will all be relative though, just position yourself well vs the masses.
Meh, think you have to pull the trigger now. By then it may be way higher.
I just bought some at $35.75. Going to set it and forget it. We will see where it is in 3 months.
Yea I only fuck with dividends so I don’t have exposure like most people do on that front.
It’s actually made it pretty easy to find the few that aren’t completely overvalued / aren’t keeping up with the rest of the market so you can get a deal.
Utilities & infrastructure related tend to hedge well against inflation and corrections as well.
Welp, went ahead and sold half of my shares at $63. Now I own the other half for almost free.
I like utilities and dividends too. The feel safer.
Long haul I like steel mills too. There is nothing as cheap and strong as steel for the next 100+year
They were fined $65,000,000 by the SEC, the largest fine ever.
One of Robinhood’s primary selling points was that it did not charge its customers trading commissions. In reality, however, “commission free” trading at Robinhood came with a catch: Robinhood’s customers received inferior execution prices compared to what they would have received from Robinhood’s competitors. For larger value orders, this price differential exceeded the amount of commissions that Robinhood’s competitors would have charged. These inferior prices were caused, in large part, by the unusually high fees Robinhood charged the principal trading firms to which it routed its customer orders for the opportunity to obtain Robinhood’s customer order flow. These fees are generally referred to as “payment for order flow.”
I think Pfof is a sham. Shouldn’t be allowed. But you can’t blame robinhood for that, they are just competing within the rules the SEC defines. I hate the SEC too, they suck
