Rovbinhood Traders use puts and calls they are options traders and use a site called Reddit. They are college kids. This I know from my kids who use it who are in college. They are irrelevant and as Cramer put it have screwed up the entire big board market especially the TVIX and ECN's. Those are only expiring options and do not really matter.
I am an investor in GNUS and have been for quite a long time. I have added shares and added calls in the past few days. In regards to the GNUS DD on shareholders on the RH traders below here are some important facts. Robinhood Traders use puts and calls they are options traders and use a site called Reddit to converse and are very active. They are college kids and have no training or discipline when it comes to trading especially big boards in swing markets like we have seen in the big boards of late. This I know from my kids who use it who are in college. They are irrelevant and as Cramer put it have screwed up the entire big board market especially the TVIX and ECN's. Those are only expiring options and do not really matter.
GNUS lost 3,076 Robinhood members as share holders, today. There are still 181,186 members holding GNUS shares.