One Dollar Makes You Holler!

Published by Christopher Schwarz on June 18, 2020June 18, 2020

I’ve posted a few things about Robinhood users gambling. I think this graph shows it most clearly. Here are the number of positions held by Robinhood users with a share price under $1.

Number of Positions with Share Price under $1

These positions currently represent close to 10% of all investments by Robinhood users. Cheaper than a PowerBall ticket I guess!

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Tags: bubbleequitiesrobinhoodstocks