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Post by ronnie on Jul 30, 2021 12:23:38 GMT
I'd like to hear your opinion on the new stock. It IPO'ed yesterday and lost around 10%. I'm afraid the Reddit crowd will organize together and drive the stock into the dirt. Or it could take off and be a good investment. It is the #3 brokerage in America. I'd like to hear your thoughts and ideas on the stock.
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Post by win1177 on Jul 30, 2021 13:34:08 GMT
I'd like to hear your opinion on the new stock. It IPO'ed yesterday and lost around 10%. I'm afraid the Reddit crowd will organize together and drive the stock into the dirt. Or it could take off and be a good investment. It is the #3 brokerage in America. I'd like to hear your thoughts and ideas on the stock. I’m not touching it! Looks like a very questionable business proposition, basically depends on payments for order flow, so I’m not interested in it. Yes, it could take off, but I see this as a fad, likely to crash/ burn. Win
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Post by yogibearbull on Jul 30, 2021 13:44:30 GMT
Barron's has been running negative stories on it.
Just remember that these clowns once tried to offer SIPC-insured deposits and that was a nonstarter. FINRA is looking into its Co-CEO (a principal) because he lacks securities licensing/certification. Millions of its accounts are UNFUNDED, and the funded accounts have average balance of only a few hundred dollars. So, many of its customers are using it just as an app for free real-time market quotes. It is a model of hyper unprofitable growth and may not be independent few years from now.
Stay away.
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Post by anitya on Jul 30, 2021 18:22:32 GMT
I'd like to hear your opinion on the new stock. It IPO'ed yesterday and lost around 10%. I'm afraid the Reddit crowd will organize together and drive the stock into the dirt. Or it could take off and be a good investment. It is the #3 brokerage in America. I'd like to hear your thoughts and ideas on the stock. Just curious, by what measure is it the #3 brokerage in America?
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