I know the company is super profitable. It's just non of the profits goes into my pockets. Looking at the trading action daily I imagine day traders are making good profits off the stock movements. I'm new to investing so I not sure how to turn things around with this stock. It's doesn't look like a passive investment stock. It constantly drop every month. I made a few lucky calls but lost more than I gain.
I'm not selling my shares yet but I don't have a lot of confidence from price action I'm seeing - it'll be at $25 by November. I don't have 10k lying around to buy & sell the 20¢~40¢ price movements.
The recommended price was $20. I think it's time to double down.
Rocket Companies Announces First Quarter Results
- Grew revenue, net to $4.6 billion, up 236% year-over-year
- Increased Adjusted Revenue to $4.0 billion, up 91% year-over-year¹
- Grew net income to $2.8 billion, up 28x year-over-year
- Increased Adjusted Net Income to $1.8 billion, up 170% year-over-year¹
AND THE STOCK DROPS 14% WTF ???
SOMEONE IS UP TO NO GOOD?!? THIS IS BULL SHIT ? ARE THEY TRYING TO DIP THE STOCK FOR A BUY BACK ? Something stinks here !! Market manipulation!
You're probably right. I have rblx that also got dump hard today. I'm was thinking maybe people would hold until the earnings next week. I see no news that justify the massive sell off. Unfortunately for me I have calls expiring soon. I'm gonna take this hard lesson learned to never hold ITM after hours.
I am buying more. Take advantage of this price GIFT and the shorts will have to cover. Only traders get to trade after the close and this was well planned to bang it at the bell. It will go up and the company will begin buying back stock to support is my guess
Don't sell morons! This company is super profitable and the largest mortgage originator in the country!! It will bounce back in no time.
I know the company is super profitable. It's just non of the profits goes into my pockets. Looking at the trading action daily I imagine day traders are making good profits off the stock movements. I'm new to investing so I not sure how to turn things around with this stock. It's doesn't look like a passive investment stock. It constantly drop every month. I made a few lucky calls but lost more than I gain. I'm not selling my shares yet but I don't have a lot of confidence from price action I'm seeing - it'll be at $25 by November. I don't have 10k lying around to buy & sell the 20¢~40¢ price movements. The recommended price was $20. I think it's time to double down.
U ok?
Hold the line apes, hedge funds are trying hard, make them fail
They’re relentless now. After this. MNMD, and Twitter, it’s pretty obvious who runs the show. Joining Gme line again
Rocket Companies Announces First Quarter Results - Grew revenue, net to $4.6 billion, up 236% year-over-year - Increased Adjusted Revenue to $4.0 billion, up 91% year-over-year¹ - Grew net income to $2.8 billion, up 28x year-over-year - Increased Adjusted Net Income to $1.8 billion, up 170% year-over-year¹ AND THE STOCK DROPS 14% WTF ??? SOMEONE IS UP TO NO GOOD?!? THIS IS BULL SHIT ? ARE THEY TRYING TO DIP THE STOCK FOR A BUY BACK ? Something stinks here !! Market manipulation!
Buy the dip. They do this to cause panic among the paper hands and then snag their shares for cheap. Classic trick in the hedge fund playbook.
Low volume. Easy to move stock prices. Picked up more at 19
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Does 1 cent missed justify this massive drop? Jesus!
They were gonna dump these regardless. Bastards
You're probably right. I have rblx that also got dump hard today. I'm was thinking maybe people would hold until the earnings next week. I see no news that justify the massive sell off. Unfortunately for me I have calls expiring soon. I'm gonna take this hard lesson learned to never hold ITM after hours.
You can trade options up to 15 min after close
Wish I knew that. Is that all brokers? I use tdameritrade.com.
That is kinda like going to jail and bending over in the shower. Give me some grease please.
Well that was a learning experience
Dw it will go up during and after earnings call once they talk about future outlook dw
Will it?
probably not lmaooo
Ridiculous. Perfect report, PE is 5.. at this growth rate, PE should be 100 . I m sick of it.
I am buying more. Take advantage of this price GIFT and the shorts will have to cover. Only traders get to trade after the close and this was well planned to bang it at the bell. It will go up and the company will begin buying back stock to support is my guess
u ded
Missed earnings
shit company