I know who the Robinhood people are. They are all kids. My college kids use it. They all talk together. They were in on the run to almost $12.00. Because many of them are idiots with no experience they bought huge on margins at way higher prices so daily their shares are forcibly sold by their brokers. Thank God our sons are not stupid and they mostly trade big board options and a few stocks they have done awesome thus far. What will matter ahead is the real investors like myself and other funds. Just watch for another major breakout above soon.
GNUS lost another 1,650 Robinhood members. There are still 194,0145 members owning GNUS.
You will not see Robinhood traders stepping into a stinky pinkie penny like-stock, aka GNUS again! There are still over a 200k holders to sell their shares! The way it is dropping, it may be at .25 soon enough!
Robinhood reported a record number of 3 million new accounts in the first quarter of this year as many Americans found love with the stock market for the first time in their lives.