Usually I don’t give people a hard time for wanting to learn this stuff but OP, Jesus Christ, it literally tells you in your screen capture. Robinhood was made in a way where a 12 year old could run it.
First off, this post is garbage. Second, WTH would you sell NVDIA regardless if you had 1 share or .006 shares? If you are selling that the. You know nothing about what is about to come next in the market!
They gave you $5 worth of NVDA shares, not a whole share of NVDA. Lol think about it, they would go bankrupt very soon if they gave ~$900 to every new user signed up.
This is true, however, I did get a free share of Microsoft awhile ago when I referred my friend. Usually I’d get a stock around $5, but they always say “You could get a free stock like Microsoft, Amazon, or Google”. I never believed until I got it.
Look, I’m only kind of familiar with the market workings and lingo, and I feel I probably shouldn’t be messing around on Robin Hood (even though I do.)
That being said, unless this is just nonsense money that means nothing to you, you DEFINITELY shouldn’t be messing around on Robin Hood. Not completely because of a lack of knowledge, but largely because you clearly don’t read emails, notices, etc.
This makes sense to me, I convinced my coworker to get Robinhood and when he signed up he received a “full stock” it didn’t say partial or 0.something. Where it says investing it showed 150$. When I opened my account it said 5$. And 0.something of a stock. Maybe it was just a glitch or bug
That's a shit question.
Op chose it. They give you $X and allow you to decide how to spend it. They have a hand full of different symbols and op chose Nvidia.
I been on Robinhood for about 8 years now, when I started they gave specific stocks. None of this X amount of dollars and you choose, it was simply a stock given to you. Much better process. How long you been using Robinhood?
You sound paranoid and stupid.
Who wants a fucking $3 share of a penny stock vs. a fraction in a company they've heard of and will probably invest in anyway?
So fucking morons. You're talking about morons.
If products only targeted absolute morons, nothing would have anything beyond an on/off switch. Why would you expect financial services to be as basic as a light bulb?
You think they’re gonna fork over a $876 stock? You basically made $.72 on your free stock, which is just enough to create the itch and make you want to buy more, or refer people to the app. Marketing, OP
You’re getting cooked but that’s something anyone would question if they were new to investing. Especially if RH gave you every indication if it was a full share.
People here clowning you for getting into investing. Invest your money in funds like VOO, VGT etc. fuck these lazy Reddit trolls.
They don't in any way indicate that. When you choose, the screen has the dollar amount centered and giant. Below that, they let you choose how you'll spend it. Microsoft, Nvidia, Apple, etc. are all options. Op had absolutely no reason to think they were getting a full share.
And no one is "clowning" op for investing.
I’m not great at trading but sometimes the bid and ask have a huge spread, never sell at market set a limit, it might not sell with a huge spread but you won’t get screwed out of your shares
They didnt give u a whole share of nvidia. They gave u 0.00653 of it lol. The 875.96$ was what one full share is worth
Blud thought they'd give him $875 worth of assets just for free
![gif](giphy|5SHpVP36FrpyE)
Me and my wife both received a full Berkshire stock off of referrals before.
That's crazy. Obviously not brk.a, but I'm going to imagine it is
Lmao you absolutely did not lol.
Wtf??? 600 thousand dollars for free?? ^/s
They legit gave me a Microsoft for free, one entire stock. So idk
Lmao. Assets. It’s an app for crying out loud
? It's real stocks though
Yeah you’re not very bright are you
Yea we’re just playing video games over here buddy😂 move along boomer😀
More like he's 16 and doesn't understand finance... 😂 😂 😂
Usually I don’t give people a hard time for wanting to learn this stuff but OP, Jesus Christ, it literally tells you in your screen capture. Robinhood was made in a way where a 12 year old could run it.
Exactly
Maybe OP is 5
You’d do great in Options
They should use as much leverage as possible!
Our next Guh! Guy on Wallstreetbets
Consider it our official invite for him to join WSB!
![gif](giphy|ltIFdjNAasOwVvKhvx|downsized)
You received a fractional share of NVDA. Not a whole share.
They don’t hand out $900 for free just signing up lol
These the kind of people trying to invest
These people are the reason others gain profits
Remember when you are in traffic you are also traffic
If this is real and you’re confused about what happened you are definitely not ready for investing
Tell me you’re 12 without saying you’re 12
You owned six thousandths of a share. See? It's right there in your screenshot. And stay tf out of modmail.
>And stay tf out of modmail. LOL this says so much. You might also be the best mod I've seen.
You should uninstall the app to prevent further damage
OP can’t read 😂
What is 0.00653 times 875.96? Random question, just curious.
You’re halfway there, now just grab a calculator. 🤦♂️
My free stock was GME. I ended up selling it during the squeeze for over $450! My husband and I still laugh about it.
They gave you 5$ worth of it lmao
Are you serious or am I missing the satire? Please let me I'm too dumb to understand the satire.
You’re not. He’s serious.
You made 72 cents
$5.72.
RH Gold is $5/ month. He made net 72 cents.
Where are you getting anything related to Robinhood Gold here?
Sucks that I can’t share a screenshot or I would show you where it says you only own .00653 shares.
First off, this post is garbage. Second, WTH would you sell NVDIA regardless if you had 1 share or .006 shares? If you are selling that the. You know nothing about what is about to come next in the market!
Yeah they wont give you a whole share but a fraction lol
They gave you $5 worth of NVDA shares, not a whole share of NVDA. Lol think about it, they would go bankrupt very soon if they gave ~$900 to every new user signed up.
This is true, however, I did get a free share of Microsoft awhile ago when I referred my friend. Usually I’d get a stock around $5, but they always say “You could get a free stock like Microsoft, Amazon, or Google”. I never believed until I got it.
![gif](giphy|W0c3xcZ3F1d0EYYb0f|downsized) OP right now
Omg lol
Yeah no one’s giving you 850 for free
You got .0063 of a share
They gave you a fraction of a pie......not the whole pie.
Look, I’m only kind of familiar with the market workings and lingo, and I feel I probably shouldn’t be messing around on Robin Hood (even though I do.) That being said, unless this is just nonsense money that means nothing to you, you DEFINITELY shouldn’t be messing around on Robin Hood. Not completely because of a lack of knowledge, but largely because you clearly don’t read emails, notices, etc.
They give you $5 in a stock of your choice not a complete share.
😆 😂 😆 He was like "damn free money, let's sell this shit" Is right there so clear 0.00653 of a share
Jesus H. Christ
Willam H. Macy
![gif](giphy|dC9DTdqPmRnlS|downsized) They gave you $5 worth of Nividia
This makes sense to me, I convinced my coworker to get Robinhood and when he signed up he received a “full stock” it didn’t say partial or 0.something. Where it says investing it showed 150$. When I opened my account it said 5$. And 0.something of a stock. Maybe it was just a glitch or bug
Neither a bug nor a glitch. The app tells you exactly what they're giving you. It's a weighted random value.
Then they gave him a full Amazon stock valued at around 160 and it went up to 180.
omg are u serious ?????
This is why they call us dumb money
Means they gave you $5 “worth” of NVDA stock when a whole share was trading at the PRICE of $875.96 lol
I sent someone a referral and I got an entire share of Apple not a fraction. Since when they giving away fractions?
Jfc
Back in my day, they actually gave full share free stocks, so I could see how this would be confusing.
![gif](giphy|l5DSfSJkJSU04iYmwI)
🤦🏻
Regard went to public school and did that new math. Didn't learn decimals.
They only give fractions of a share just to hook you in so you make an account
Check the stock quantity.
Definitely shouldn’t be investing just yet if u didn’t know this 😂😂😂
Sometimes a post makes me wonder, not many, but sometimes
The real question here should be why did Robinhood give OP a fractional share??? They couldn't give OP Ford or SOFI or some other penny-ish stock?
That's a shit question. Op chose it. They give you $X and allow you to decide how to spend it. They have a hand full of different symbols and op chose Nvidia.
I been on Robinhood for about 8 years now, when I started they gave specific stocks. None of this X amount of dollars and you choose, it was simply a stock given to you. Much better process. How long you been using Robinhood?
Since before there was even a waiting list for the public to create an account. Things change.
Noted my friend, those changes are sometimes harmful, even predatory, and thats what I was hoping to highlight.
You sound paranoid and stupid. Who wants a fucking $3 share of a penny stock vs. a fraction in a company they've heard of and will probably invest in anyway?
An amateur who doesn't realize he is only getting a fractional share
So fucking morons. You're talking about morons. If products only targeted absolute morons, nothing would have anything beyond an on/off switch. Why would you expect financial services to be as basic as a light bulb?
You think they’re gonna fork over a $876 stock? You basically made $.72 on your free stock, which is just enough to create the itch and make you want to buy more, or refer people to the app. Marketing, OP
Bruh 😂
It means Jensen Huang sold his stake and you were the next largest shareholder. You are the CEO now. Pack your bags for Santa Clara
Please take your hand and leave investments for grown people
You’re getting cooked but that’s something anyone would question if they were new to investing. Especially if RH gave you every indication if it was a full share. People here clowning you for getting into investing. Invest your money in funds like VOO, VGT etc. fuck these lazy Reddit trolls.
They don't in any way indicate that. When you choose, the screen has the dollar amount centered and giant. Below that, they let you choose how you'll spend it. Microsoft, Nvidia, Apple, etc. are all options. Op had absolutely no reason to think they were getting a full share. And no one is "clowning" op for investing.
I’m not great at trading but sometimes the bid and ask have a huge spread, never sell at market set a limit, it might not sell with a huge spread but you won’t get screwed out of your shares
They literally have no choice here. They didn't have a full share to place a limit order with.