Robinhood IPO Access $HOOD
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- เผยแพร่เมื่อ 3 ต.ค. 2024
- Robinhood is going public under the ticker HOOD and plans to sell up to 35% of the shares to Retail Investors. They announced that they are building a platform to “democratize” initial public offerings, including their own, that would allow users of its trading app to buy shares alongside Wall Street funds.
The move could erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investors in new listings.
Currently, Robinhood users and other amateur traders cannot buy into stock of a newly listed company until its shares start trading. Since shares often trade higher when they debut, big funds that get allocations in the IPO have an advantage. The average first-day trading pop on U.S. listings of businesses in 2020 was 36%.
The FIGS IPO was the first one to be sold directly to retail investors through Robinhood's online brokerage platform.
Robinhood plans to carve out a chunk of its shares on offer in its IPO for its 13 million users, and to use technology it is building to administer this part of the offering, the sources said.
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There's a scam account impersonating you...
Enjoyed the video. Something I've learned as a retail investor is that most of the IPOs I can access I don't want and most of those that I want I can't access.
The winners curse.
Agreed
That which has true potential is guarded
@@PBoyle Not so much scaling, just limitations on access as a retail investor.
I just stay away from them, not to mention when i first started using Robinhood they gave you access to ipo but you wont ever get any shares before it starts trading publicly
@Sheila Phillip this is likely a scam.
Love the stock footage of the guy using a comically large calculator on an iPad to add 319 to 858. 😂
1177 🤔
That post is a scam
" IPO, It's Probably Overpriced" - benji graham
I had a father-in-law that did IPOs with his company on Wall Street.
Sometimes he would allow me to buy a few shares. It was always a small amount. I thought he was kind.
This channel is so underated, thank you for spreading true value my friend.
I want to press Like before watching because I have greatly liked all of Patrick's past videos.
Patrick, I am glad I found your channel. Thanks!
In India, security regulation ensures that 15% of any IPO has to be available to retail investors (defined as accounts that invest less that USD 2700 approx). Even still most investors do not get any shares (since the retail portion of any ipo is often 10x oversubscribed) but atleast some lucky investors do get shares at the ipo price.
Dear Patrick, your videos truly are a treasure of financial education on this platform. I humbly request you to do a video on your take on the fed, it's bond buying program, inflation and how all this relates to asset pricing. I know many other's have done this topic, but I would really love to know what you make of it, as I find your explanations of quantitative finance so lucid. Thank you again for the great content :)
great video Patrick. you have a great cadence. so tired of TH-camrs pumping get rich quick schemes. you're taking a much more educational approach in trying to talk about what's happening in the world of finance. love it.
What I like about Patrick is that he puts out well thought out stuff, he isn't just posting stuff for clicks.
thank you for the content. I would love to hear more on these wealthy investors which investment banks provide some of the deals which are not provided to retail investors. Another example is the convertible bonds that CS recently offered. Questions that come to mind are: why only them ? how are these clients selected ? how much money you need to have ? what is their strategy ? how do they move money ? what else is special about them ?
Thank you Patrick. Your videos are terrific.
Brilliant expo, Pat. Keep 'em comin' bro!
Love Patrick's work, he's balanced and factual. I thourgly recommend his documentry on Ponzi.
I thought you meant Robinhood was IPOing...Thats a short opportunity if I ever saw one
Lol. Shorting an app used my autistic degenerates on Wall Street bets ? You must hate your money 😂
@@lombardo141 This comment aged incredibly poorly
Giggled when Chamath got a cameo
Your videos have been very informative and interesting to me, and I love the slight snark every now and then. Thanks!
Watching you is such a treat❤❤
I love your videos. I hope to see more of them. . Every high school student should have a teacher like you. I learned nothing about the stock market in school. I have been studying for years on my own. I'm 75. I never made a dime on Wall Street. I never tried. Instead, I want to initiate a better way of doing business. Of course, I can't do that until I understand finance. You explain things so well. Thanks.
This guy broke down a lot of stuff. Great video!
Thank You for posting this well researched video Mr. Boyle !
great Report
This channel is the best. Love every single video
I think fidelity and other retail brokers already offer access to their retail clients (or more as you mention to ask for the shares they are assigned), and it is even not uncommon in other places like Europe/UK.
I think the difference is that the other brokers pick who to give shares to. Robinhood say that they will give everyone who applies shares, even if they are only fractions of shares. That is what they are claiming anyhow, we will have to see how it goes.
Accounting student but this channel makes me feel like i chose the wrong field lol
Have seen IPO`s over the last few years including Uber and was right when after the first day the share price plummets ... IPO`s never seemed to make sense to me .. even after nearly buying a space-ex ipo, when i asked if Starlink will be included to which the broker said it was when i knew that it will be listed as a separate entity and when i called the broker out he hung up..
Lots of IPO is just so existing institutional investor (VC, angel etc) can cash out and let the retail hold the bag.
The best dressed man on TH-cam. Did you compose and play the intro and outro yourself Patrick?
I’ve heard the intro/outro in some other place before I’m sure it’s stock music
Heck probably from Kevin Macleod our god and saviour
Wow! The TH-cam algorithm predicted I'd come here from your billionaire video. It was right! Now, if they can just rig it to predict the next trading opportunity...
2:21 Throwing a little shade. 🤣
I'm buying shares of FIGS. I think that you should too. I work in an industry that uses scrubs and they are really popular! Super comfortable and they are definitely not like your average scrubs. They are definitely luxury scrubs and you pay a premium for them but they are unlike most others. Going to buy what I know. Not saying it's a good idea, but as soon as I saw figs, I was like NO WAY I wish I got in earlier on the IPO but oh well.
Even Facebook was down after its IPO.
Hey Patrick, wondering if you'd do a video on what happens with pre-IPO/private shares in a company? The kind that employees of a company or those close to the company might have! Google isn't being very helpful on this, or I'm simply not using the right search terms.
Great videos, btw--thanks!
Great educational content, but a severe lack of sarcasm and deadpan humour!
Sofi offering the same as Robinhood supposedly. A Chamath related company.
As well as Webull..
Thank you!
i saw that reference to thaler's winners curse.
Thanks for your free efforts.
Im gettinn used to ur monotone narration now lol
Matter fact explanation of the exact reason why , I’ll never get into a country club :)
I find more fun people at the kitchen door. Free eats too.
A lot of Robinhood users are just gamblers, so letting them gamble on IPO will let them gain more users.
Robinhood's advertising targets college students. People with only a little savings and skills but will have more later.
lovin the mini succuents Patrick, you stylin'
Rebate and flow as well as marginal lending are their main cash flow. Retail investors should caution about the narrative of close to zero trading fees.Please note that Robinhood was in fact paying $65 million penalty to resolve the regulator's charges. Everyone should pay close attention on their misconduct.
Retail investors are usually peanut brains who invest with their cock in their hands. They don't actually realize they are paying more in fees than they would have with a normal/legit broker.
What about direct listings like palantir
If the TTW for Robinhood is earlier than other institutional investors, and assuming Robinhood gets info from surveys about interest from retail investors, don't the underwriters/other IIs get an unfair peak at a possible pop/drop? Thoughts?
I've never been able to get a single IPO. I always fail.
So if they get 17cents for 100nshares order one can only wonder how much they make by being crypto exchange🤔🤔🤔
Would u notice 25$ for.each ethereum when one costs 2500$???
I guess the only time the IPO process worked out was with Wework
Could the IPO price be lower due to retail investors not being able to partake in them? Retail investors not being part of IPO means that the demand is lower while the supply remains the same, which in basic economics would mean that price would go down. So after IPO is finished and more demand is allowed, it is not a big surprise that the price would rise. It's just basic economics.
Seems a bit unfair.
Wow another very concise and detailed explanation, thank you.
Scam
Patrick this is a super interesting video thank you! Could you share the sources for research when you quote average IPO pops and statistics like that?
Hi I’m an investor from a country outside the US but I want to invest in companies in America, I would like to know what is the best broker to use?
Been looking at TD ameritrade and Etoro
As a client of the bank, couldn’t you just bid say millions of shares at $20 even if you think it’s worth $50 to lower the weighted average, then buy fewer at whatever the decided opening price is
Thats a quick way of not getting yourself invited back
@@orpheusepiphanes2797 yeah but they wouldn’t know that you weren’t serious. They might think you genuinely valued the company at that
Great video 👍
Great channel 👍
HHahah you don’t seem to like Chamath , the SPAC sponsor champion :-)
Does anybody?
Hi Patrick, perhaps you could do a video on Michael Burry’s 13-F as it is packed with Options. He’s got vanilla Put/Calls, Inverse Bond Options, 2x Additional Leveraged Options. The lot!
this video had more substance than every Furu video course combined
Well done, thanks.
extremely informative
Robinhood asks for permission from investment banks to sell shares at IPO access prices? Does Robinhood want to borrow the keys to the car too? IPO access for retail investors of crap stocks, or dare I say 2021 "junk" stocks. Valuation is not "money on the table." This just seems to all come down to risk mitigation. The market cannot be predicted, but it can be analyzed. Thanks to Patrick. Cheers.
IPO's are overpriced as a group.
IPO's drastically underperform the market over their first three year period.
This is true even though as a group IPO's pop the first day
If an IPO goes up 20x over the next three years, no one is more surprised than the founder's of the firm as why would they knowingly bring their company public at such a steep discount?
dont investment backs ban you from buying into future ipos for selling ipo shares on the first day or week?
Could you describe how stock price is converted to investment capital? Also what happens when a stock price falls.
Thank you for the video, I learned a lot!
Got in one ipo and never again. Ive been doing some research on ipos that have been out under about 5 years and most of them have tanked. Just doesnt seem worth it and the fact that people still get in on them is kind of baffling.
These videos are just so damn good
Thanks for the video, it was really interesting!
great stuff, sir. g5
Shit is about to get crazy.
Thanks
🤣🤣 The tiny cake 🤣🤣
Love the channel , keep doing what you are doing!
Thanks for the great efforts 🎩
Good analysis, thanks !
i loved this video very informative
I think with how informatized the markets are, there could be a way where shares are issued over time for the IPO without need for an underwriter.
hi , have you any plans to make your books avalible in audio versions???
can you talk about AMC and if you think its a squeeze or just retail pumping the stock
the liquidity theory makes the most sense.
I'd like to see some historical data on the average hold time for a share of underwritten subscription versus the IPO pop returns in the first day first week, first month, etc...
It’s going to be lik Webull ipo stuff witch is tiny shit companies they offer thru APEX CLEARING
Private equity holders should prefer direct listings.
The Webull ad. That's I think Weibo.
Webull is a chinese owned brokerage ... Weibo is a chinese social media thingy. Every do research ??
Spotted at 0:09 Patrick's entire investment portfolio. Everybody remember to invest in Tyson Chicken, Tesla, Tenaris, Alibaba, Taiwan Semiconductor...or maybe this is what he wants you to think. My god Patrick, will you stop playing games with us? We've done nothing but like, subscribe, hit that bell and share your videos on platforms like facebook and twitter. This is nothing but pure torture.
my broker does offer me access to all new IPOs but somehow they are all garbage .. free access , yeah , to junk that is
Отличный видос как всегда.
I love you Patrick! Jesus type love not the gay kind.
@@rosejames2879 lol, looks like we have one more bad Patrick twin , the scammer. 😂
I guess I should short every ipo 🤣
100% win rate🤣 after day 1
This stock footages are so hilarious
*Hope Robinhood users know what it means to buy IPOs. Thanks for a great video, Patrick, as usual I should say. =)*
Get ready for stupid IPO pricing, and massive losses after the corrections.... this represents a nice option play...
If I were an issuer, I would refuse to let the IB allow RH allocations!
Robinhood's 20 billion assets under management isn't enough to do that except for select small cap stocks. Also, the amount of shares Robinhood offers will be finite and the execs are aware they can get screwed by autists, so they'll avoid such scenarios.
I have no interest in this information. I just came for the delivery.
None of this is helping to save crypto right now. PATRICK WE NEED PEOPLE TO HODL.
No! This will not be good for Retail Investors.
A year later, I'm curious if people use this allocation method and what's the experience like.
which is the movie shown in between ?
That scene with Michael Douglas and Charlie Sheen is from the Oliver Stone movie "Wall Street," from 1987.
🎞📽🎬💰💴💵💶💷💸
Im only here for the jokes
Retail tail buyers make the underpricers reward their institutional investors . The seesaw effect elevates them. Unless the retail buyers ardor wanes.
Doesn’t putting the IPO on Robinhood make an IPO a public offering? Lol
Amazing