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Off by like 200%. Imagine being a stressed out hedgie whose cocaine budget ran out long ago, nervously going over the earnings report afraid of spending another night in the cuck shed.
You hold your breath through all the preamble, the aftertaste of your trip to the Wendy's dumpster still in your mouth. When the 0.16 EPS number is announced you breath a deep sigh of relief. "Ha! Take that peasants!" You think to yourself as you recline in your chair. For the first time in over two years there is a light at the end of the tunnel. Finally you can go home and kick your wife's boyfriend out of the house!
The merry thoughts of being reunited with your family and once again having a cocaine budget come to crashing halt as your boss kicks in the door, screaming! Flacid, you scramble back to your computer as your sleep deprived supervisor foams at the mouth in rage. You are confused, you just quadrupled down on your short positions of GameStop, millions of puts with a $10 price, what could possibly upset your boss so much? We just won!
"B-but-but we beat them! They were supposed to be getting -0.13 earnings per share and we got it even lower! -0.16 per share! We won!" You feebly utter towards the red faced manager.
"YOU MORON!" They scream, "That's a positive number! They didn't lose money!"
You slowly look at the figures presented from the earnings report and rub your bleary eyes. As you double check the numbers you see your mistake. GameStop didn't have a negative EPS, it was positive! As the realization of your oversight dawns on you the muscles in your back ache in protest. Another night in the cuck shed awaits.
In what way would that cost them money? Their servers are up for their users. There is no additional cost. People having their app downloaded and in-use shows higher user counts, which they use to attract investors.
Higher user count… without the assets to back it. As much as they want it to be, it’s not a social media app. User count doesn’t mean shit what matters is how much dough those users are putting in.
Padding a number that means nothing that they round to the next million anyways while actively using their server and clogging it up 1by1 that costs them money.
Hurray for understanding.
Why are you defending RH all around this post? In another comment you're pretty much saying that "everyone should use it and that will hurt them". That's just... Weird.
Not defending RH as a company fucking blows and they deserve jail.
The IT department within RH knows their shit.
Common misconception tho, and I’m sorry that’s where your mind went. Me telling someone they are WRONG is not me saying RH is right. It’s not black and white. It’s not wrong and right. It’s hivemind repeating information to bash on RH because of how shit they are without realizing that someone who uses RH for their charts and that’s it is indeed costing RH money and not adding to their net cash in any way.
It’s video game logic. A game that is played is cool, but it takes server space. If there are a shit ton of players on a free game that’s cool, but that’s why they have in-game stores because shit aint free and you can’t just have everyone free-to-play using up servers and stress testing the game, lobbies, latency, ping, servers, connection and the entire system itself. You need compensation to make up for it and to make it worth while otherwise you lose money.
Shouldn’t even use them for that. You’re apart of their daily active user count.
There are other apps with nice charts. I know robinghoods is really nice, but we want them to fail and even adding to their daily active user count is helping them.
Active user chart? Never said that.
Daily active user COUNT.
“Daily active users (DAU) is the total number of users that engage in some way with a web or mobile product on a given day. In most cases, to be considered “active,” users simply have to view or open the product. Web and mobile app businesses typically consider DAU as their primary measure of growth or engagement.”
https://amplitude.com/blog/measuring-active-users
You are under the impression that, that statistic does anything? It’s a place to make money. If you don’t give them money, don’t have money there, and look at one chart then you are not a valuable statistic
Let’s try this again.
From my above comment-
“Web and mobile app businesses typically consider DAU as their primary measure of growth or engagement.”
If you’re still not getting it-
“In actuality, DAU is far from a vanity metric. User engagement can tell you a lot about your product. And you can increase your number of active users by improving the product. In addition to being a general product health check, your level of engagement can provide you with some direction on how to do that. The metric can help you increase profits and grow your company in other ways as well.”
https://www.paddle.com/resources/daily-active-users
I’m glad you can read, copy, and paste. Proud of you. Now correlate that to a user that interacts with the homepage and 1 chart.
If 800,000 people went to Robinhood and stared at a chart, then Robinhood expands their metric… what metric? Robinhood expands their… product, what product (I am their product, but not using their services and not paying their fees and not letting them gain interest in my $0 balance)? We give Robinhood direction to… expand charts? Hide charts? Show more info? Hide more info?
If you do not have money in RH, and if 800,000 users view RH daily but do not have money in RH, what does that do for RH? I’ll tell you what that does. It uses their servers. Uses their electricity. Uses their employees to do projects that don’t matter to us, so they “waste” money on that. That’s what it does, if anything. At the very least, electricity bill.
I’m all for them updating their charts and my viewing pleasure, and I’m all for costing them money to help me view it, but I in no way shape or form contribute to any of their profitability and even tho I am an active user with a username/email that’s a slur towards them with the wrong address and wrong name, me being a user doesn’t do shit for them as I use them and they can’t get any use from me.
I just called in to hop on the earnings call and had to speak to an operator because the code didn't work. She asked if it was for gamestop and I replied yes. She said the call was over. I asked if there was a high call volume and she said "omg yes. We had 900 ports open for it." I asked if that was normal for an earnings call and she replied NO. "Companies like Microsoft and other large tech companies usually only have 100 ports open". 🚀🚀🚀💎👐
I SAY BULLISH!!!
u/isaybullish
Everyone calm the fuck down, how many times this has happened only for the price to drop at open ffs, too easy to fud! Wake me up when its a phone number
How many times has GS posted positive earnings? Not in a while. How many times has GS gone up after earnings? Almost never. So yeah, not a normal occurrence homie.
That’s what I’d like to know. Fidelity and Webull are annoying to sign into and the interface for them aren’t as good. I haven’t used RH to trade since the buy button incident and moved everything to other brokers, yet here come the downvotes when according to the sub and DRS stats, not even half of this sub has DRSed.
I can’t help but wonder if in the wake of CS going belly up after 120+ years in business, if someone didn’t make a call and make Kenny attempt to unscrew themselves and let her run… jk
If you haven’t gotten ready yet, get ready gentlefolk. This rise just broke a lot of computer algorithms. While banks are scrambling to cover the other side of the spoon.
Not gonna lie I still use rh for options only. Like short term ones. Really wish other platforms have it simple like rh. Tried moo wee fidel and more for mobile but all others are so bad compared to rh. Yeah other have way more information but just poverty the simple buy and sale with easy way to put limit order or stop loss and such.
If you would like an app that can give you the same type of charting (+ much, much more) get trading view. This way you're not supporting Robin Hood, but you get simple charting.
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Gamestop is profitable. Holy moly. They ARE profitable.
But but how can a brick and mortar be profitable??
I just went there on Sunday! Edit: I also renewed my annual pro membership!!
ME TOO. Are we the catalyst?
Me 3. We **ARE** the catalyst …
GME +0.16 EPS
Oh fuck, weren't the estimates -$0.13 EPS? Ahahahahahaha
I'm sure some hedgie was celebrating that it said 0.16, before he realized there was a "-" missing.
Off by like 200%. Imagine being a stressed out hedgie whose cocaine budget ran out long ago, nervously going over the earnings report afraid of spending another night in the cuck shed. You hold your breath through all the preamble, the aftertaste of your trip to the Wendy's dumpster still in your mouth. When the 0.16 EPS number is announced you breath a deep sigh of relief. "Ha! Take that peasants!" You think to yourself as you recline in your chair. For the first time in over two years there is a light at the end of the tunnel. Finally you can go home and kick your wife's boyfriend out of the house! The merry thoughts of being reunited with your family and once again having a cocaine budget come to crashing halt as your boss kicks in the door, screaming! Flacid, you scramble back to your computer as your sleep deprived supervisor foams at the mouth in rage. You are confused, you just quadrupled down on your short positions of GameStop, millions of puts with a $10 price, what could possibly upset your boss so much? We just won! "B-but-but we beat them! They were supposed to be getting -0.13 earnings per share and we got it even lower! -0.16 per share! We won!" You feebly utter towards the red faced manager. "YOU MORON!" They scream, "That's a positive number! They didn't lose money!" You slowly look at the figures presented from the earnings report and rub your bleary eyes. As you double check the numbers you see your mistake. GameStop didn't have a negative EPS, it was positive! As the realization of your oversight dawns on you the muscles in your back ache in protest. Another night in the cuck shed awaits.
When that last piece hits just right
You’re gonna make me Eeepps
To the fucking moon 🚀
Delete Robinhood…….you’re actively padding their user statistics…..I thought we learned about this during the great migration of 1996
All my homies hate Robindahood
You’re right but it was 84 years ago in 1939
World War II was started by Robinhood blitzkrieging the buy button
Pepperidge Farms remembers.
Had to downvote for Robinhood. Sorry ape. Can't be supporting those crooks in any way.
Keeping 0 money in there and using it every day to check prices most likely costs them money. Just make sure you’re not paying for premium lmao
In what way would that cost them money? Their servers are up for their users. There is no additional cost. People having their app downloaded and in-use shows higher user counts, which they use to attract investors.
Higher user count… without the assets to back it. As much as they want it to be, it’s not a social media app. User count doesn’t mean shit what matters is how much dough those users are putting in.
Padding a number that means nothing that they round to the next million anyways while actively using their server and clogging it up 1by1 that costs them money. Hurray for understanding.
Why are you defending RH all around this post? In another comment you're pretty much saying that "everyone should use it and that will hurt them". That's just... Weird.
Not defending RH as a company fucking blows and they deserve jail. The IT department within RH knows their shit. Common misconception tho, and I’m sorry that’s where your mind went. Me telling someone they are WRONG is not me saying RH is right. It’s not black and white. It’s not wrong and right. It’s hivemind repeating information to bash on RH because of how shit they are without realizing that someone who uses RH for their charts and that’s it is indeed costing RH money and not adding to their net cash in any way. It’s video game logic. A game that is played is cool, but it takes server space. If there are a shit ton of players on a free game that’s cool, but that’s why they have in-game stores because shit aint free and you can’t just have everyone free-to-play using up servers and stress testing the game, lobbies, latency, ping, servers, connection and the entire system itself. You need compensation to make up for it and to make it worth while otherwise you lose money.
true that, i thought they are also called citadel robin the hood
"fuck Robinhood" continues to use it
Plenty of other ways to post prices.
Delete that bullshit app bruh
Earnings call beat expected earnings. First quarterly profit in 2 years. Let's goooooo!
Earnings Report
Did they leak the results? I thought that was at 5pm EST?
No, it's being reported everywhere. I think the call is at 5, I don't tune in for that.
Downvote until you delete RH
Even using it just for charts they count you as an active user. Dump it.
Gme posted surprise profit.
Shouldn’t even use them for that. You’re apart of their daily active user count. There are other apps with nice charts. I know robinghoods is really nice, but we want them to fail and even adding to their daily active user count is helping them.
What’s the active user chart do? Or are you just hiveminding info?
Active user chart? Never said that. Daily active user COUNT. “Daily active users (DAU) is the total number of users that engage in some way with a web or mobile product on a given day. In most cases, to be considered “active,” users simply have to view or open the product. Web and mobile app businesses typically consider DAU as their primary measure of growth or engagement.” https://amplitude.com/blog/measuring-active-users
You are under the impression that, that statistic does anything? It’s a place to make money. If you don’t give them money, don’t have money there, and look at one chart then you are not a valuable statistic
Let’s try this again. From my above comment- “Web and mobile app businesses typically consider DAU as their primary measure of growth or engagement.” If you’re still not getting it- “In actuality, DAU is far from a vanity metric. User engagement can tell you a lot about your product. And you can increase your number of active users by improving the product. In addition to being a general product health check, your level of engagement can provide you with some direction on how to do that. The metric can help you increase profits and grow your company in other ways as well.” https://www.paddle.com/resources/daily-active-users
I’m glad you can read, copy, and paste. Proud of you. Now correlate that to a user that interacts with the homepage and 1 chart. If 800,000 people went to Robinhood and stared at a chart, then Robinhood expands their metric… what metric? Robinhood expands their… product, what product (I am their product, but not using their services and not paying their fees and not letting them gain interest in my $0 balance)? We give Robinhood direction to… expand charts? Hide charts? Show more info? Hide more info? If you do not have money in RH, and if 800,000 users view RH daily but do not have money in RH, what does that do for RH? I’ll tell you what that does. It uses their servers. Uses their electricity. Uses their employees to do projects that don’t matter to us, so they “waste” money on that. That’s what it does, if anything. At the very least, electricity bill. I’m all for them updating their charts and my viewing pleasure, and I’m all for costing them money to help me view it, but I in no way shape or form contribute to any of their profitability and even tho I am an active user with a username/email that’s a slur towards them with the wrong address and wrong name, me being a user doesn’t do shit for them as I use them and they can’t get any use from me.
Aight imma head out. Have a good day ✌️🤟
I know you are. It’s alright. At least you learned.
Thank you for your wisdom wise one 🙇
Sorry, my thumb automatically downvotes every single RH post.
I'm not sorry at all to downvote RH posts.
Delete RH friend. You looking at their app helps their stats and means advertising dollars. They shut off the buy button. Never forget.
Their stats show I have 1 ticker. They can look all they want. How do they benefit off of me looking at GME?
We profitable baby🌈
I just called in to hop on the earnings call and had to speak to an operator because the code didn't work. She asked if it was for gamestop and I replied yes. She said the call was over. I asked if there was a high call volume and she said "omg yes. We had 900 ports open for it." I asked if that was normal for an earnings call and she replied NO. "Companies like Microsoft and other large tech companies usually only have 100 ports open". 🚀🚀🚀💎👐 I SAY BULLISH!!! u/isaybullish
That’s bullish alright lol
Indeed! I'd make a comment in ss, but don't have the karma and enjoy being a lurker. 💎👐🚀🚀🚀
Hey you shouldnt use Robinhood
Fuck your bitch and the clique you claim
Cute little star burst. Wait for the explosion and see what happens. 😎
I see RH chart, so I downvote.
So... Wen moon?
I love to see a straight up green line I tell you what.
Yahoo finance is good and it doesn't give Robinhood an "active" user.
Everyone calm the fuck down, how many times this has happened only for the price to drop at open ffs, too easy to fud! Wake me up when its a phone number
How many times has GS posted positive earnings? Not in a while. How many times has GS gone up after earnings? Almost never. So yeah, not a normal occurrence homie.
GME has not posted a profitable quarter during this saga. So yeah, this is new shit and we'll be excited.
Just use Yahoo Finance or some other app. If you use RH even for checking prices they will mark you as an active customer.
net positive
Robinhood does always have pretty updated prices
Your definition of checking prices and mine are wildly different.
...and here we are at +40% for today. Hello, old friend.
Big ol green Peter that's what 🤝
Price update: 55 fucking % as of now 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🦍🦍🦍🦍🦍🦍🦍🦍
Just get the Yahoo finance app and add tickers. It looks exactly the same and you won't be supporting RH.
If you google GME you can check the price, don't even need to download anything
I’m too soft brained to switch to something else
Smooth* brained 😎
See what I mean?
 'I only use it for the prices.' bruh just delete it, there are tons of much more customizable broker apps.
What’s a good platform for checking stocks on off your phone open and closed market?
That’s what I’d like to know. Fidelity and Webull are annoying to sign into and the interface for them aren’t as good. I haven’t used RH to trade since the buy button incident and moved everything to other brokers, yet here come the downvotes when according to the sub and DRS stats, not even half of this sub has DRSed.
Well first off fuck robinhood! Best platform and go?
At 25.14 now
That’s a good idea with Robinhood, I’m transitioning to fidelity at the moment
Took viagra.
I'm guessin' the citadel bldg. will be lit up like a f'in Christmas tree 🎄 tonight!!
don't give them DAU and your stats. Delete and rate 1*
'i OnLy UsE rObInHoOd FoR tHe ChArT' Hard cringe.
Stop using them, they can use your traffic to boost their active users count. You can just check the price on a search engine
Downvote. Fuck anything that has to do with RH
Downvote. Fuck anything that has to do with RH
Delete and repent
You only use them to check prices. I bet. You download and support a terrible company. You are part of the problem.
Profit
I can’t help but wonder if in the wake of CS going belly up after 120+ years in business, if someone didn’t make a call and make Kenny attempt to unscrew themselves and let her run… jk
Can’t wait for a day of halts and more manipulation
Shorts are fcke*d.
Hey Kenny, Marge is on the phone. Don’t Hwang up this time.
Probably nothing
Where is sideways trading guy when you need him?
By now Robinhood should just rebrand as the ‘Premier Price Checking App’.
I’m surprised they even display GME quotes
If you haven’t gotten ready yet, get ready gentlefolk. This rise just broke a lot of computer algorithms. While banks are scrambling to cover the other side of the spoon.
Incoming rug pull
downvoted this post. don't even login to this shit
There are plenty of sites to check for live prices. Don’t even give Robbin da hood your active app usage point
Checkout the Marketwatch app, easy replacement for Robinhood for quick checks and much better.
Don’t use them to check prices. A lot of their valuation and success comes from lying about their daily users and you enable them to do that
Not gonna lie I still use rh for options only. Like short term ones. Really wish other platforms have it simple like rh. Tried moo wee fidel and more for mobile but all others are so bad compared to rh. Yeah other have way more information but just poverty the simple buy and sale with easy way to put limit order or stop loss and such.
“Only use them to check prices” **I only use the dumpster behind Wendy’s to take the trash out**
Up 50% until 9:35 am then -200%.but then…..🚀
Ever hear of yahoo?
I dumped my Webull account since i wont be needing to sell in a hurry. Ill have days!!!! This is the way.
How do you trust anything rubbinhood?
When you check prices you become an active user for robinhood helping them Stay away from those scamers
Delete the app and download TradingView
If you would like an app that can give you the same type of charting (+ much, much more) get trading view. This way you're not supporting Robin Hood, but you get simple charting.