It’s All Good in HOOD
Robinhood got the Robinhood treatment the last two days. Stock up 25% Tuesday. Got all the attention overnight and was up 125% early Wednesday… only to watch everyone get suckered in and now lose 35% in a day.
This action in Robinhood the stock pretty much sums up the action by Rohinhood investors: Get suckered in with attention and then lose your shirt.
Remember: The stock going up a lot is not an investor thesis. It’s a suckers play.