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my heart is broken.
莫大焉 : Who can guess it?
10baggerbamm : it's possible I think in probably 38 ish
the bigger problem and this happens every time there's a serious Market sell-off which is what we're going through
the transactional volume declines dramatically interactive brokers is very publicized about their revenue model and what percent comes from age demographics what stocks they're buying that type of thing and how many people are on margin the younger people tend to be more on margin they are the ones that are getting wiped out right now
consequently after you have this type of a bloodbath sell-off without a balance and we're going into what day eight or nine something like that serious damage is done and their transaction volume is declining dramatically their revenues declining dramatically people that are on margin are getting force liquidated their accounts are going to zero. Robinhood is going to face the same challenges when the market's good transaction volumes up when the market's bad it tanks when the market's bad margin goes down so their revenue model gets hurt.
that's at the end of the quarter 35 you might find it might go there I'm thinking more 37 38 looking at the old levels of support that it traded at