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It has been a busy week for Robinhood: On Wednesday, the company got slammed with a $70 million FINRA fine and Thursday the company filed for an IPO.
So, because Joy of the Trade Head Trader Jeff Zananiri is a bit of a dork, he spent the entire afternoon poring through the filing. You can discover a lot about a company by reading the prospectus it files with the SEC.
And boy, he ended up learning way too much about Robinhood…
Enough to make him question even trading on the platform again.
Since Roger is missing, we thought we'd send you a video he recorded on Friday with Jeff about Robinhood's IPO because we know that's what he'd want us to do.
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Concerning Facts About the IPO | WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | Nio Is on Fire. Is It Back on Track to Hit $100 a Share This Year?
| | Traders, Future of Wealth Head Trader Lance Ippolito has a question that's probably going to make you roll your eyes and laugh, but hear him out...
What do the movie "The Matrix" and this video's topic have in common?
They have the same main character… even if the spelling is a letter off.
Nio is a Chinese electric vehicle (EV) maker Lance has covered a lot in the past year. It was even a pick for his Sweet Spot Stocks strategy back when it was priced in the teens — and his traders sold half of their position for a 50% gain!
Despite that, Lance has had some polar opposite views on the company, but now he wants to settle a debate.
And because Roger is still missing — and we're doing everything we can to find him — we've decided to let Lance chime in...
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