For Robinhood, Firing Vlad Tenev Is The First Step To Redemption
Before even addressing its financial situation, Robinhood needs a change in optics, immediately. They can do this without hesitation by firing Vlad Tenev and bringing in a seasoned banking pro as CEO.
Robinhood (HOOD) - a name that I have been buying since about 40% ago, as detailed here, and am continuing to buy (baghold) this afternoon - posted an ugly-looking quarter after hours today, as I actually somewhat expected again from the struggling brokerage.
Before diving into the details of the report, there’s one thing I think HOOD shareholders shoul…