Robinhood stock drops like a brick- Dr Boyce Watkins

Robinhood stock dropped like a break today.

A lot of people don’t realize that Robin Hood was never a good investment in the first place.

During times like this, investors get a little bit crazy and buy any stock at any price.

Companies like Robinhood benefit from irresponsible trading behavior where the stock market becomes a big casino.

But now we’re entering into a new era of stock market investing.

This is what I call a grownup’s stock market because it won’t be so easy to find low price stocks like it was during the pandemic.

So I would be extremely careful about investing in Robin Hood stock, because I don’t believe that the last year was indicative of the long-term prospects of this company.

Sincerely,

Dr. Boyce Watkins
http://AllBlackEconomics.com

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