when boarding aeroplane, first class passengers board first, follow by business class and then economy class passengers. When stocks move (since mid Feb 2020), first tier / blue chip stocks move first, follow by 2nd tier stocks and then penny stocks and half dead / undead / almost died stocks. anyway, lately day traders should be happy trading those penny stocks. look at DUO. time to buy was 9 Jun. but the opportunity to buy only last for few minutes.
https://www.marketwatch.com/story/f...rader-who-racked-up-700000-in-debt-2020-06-14 and how many rookie traders will die?
Robinhood Crowd Helps Hedge Fund Manager Gain 30% This Year (Bloomberg) One hedge fund manager is getting some inspiration from an unlikely source: the Robinhood crowd. Adam Sender’s volatility hedge fund has climbed 30% this year — in part by betting on and against stocks that have been popular on the retail trading app. He notched gains by wagering around stocks including carmakers Hertz Global Holdings Inc., NIO Inc. and Tesla Inc.
predatory sales. just saw an older gentleman standing in front of older teens in a park. Initially thought it was scared straight type but no, it was sales. Put as low as $50 in account and get matched. targeting ninja loan applicants
Steve Cohen’s Point72 and Other Hedge Funds are Sending Urgent Requests to Find a Replacement After Robinhood Data on Hot Stock Trades Suddenly Went Dark (Business Insider) Point72 is among hedge funds scrambling to find alternative data sources after day-trading app Robinhood decided to stop providing data on which stocks are most popular on its platform, according to people with direct knowledge of its outreach. Representatives for Point72’s market intelligence data team, including Zach Cohen and Kerry Van Name, have been reaching out to other trading platforms and investing apps in search of data partnerships over the past day, according to people with direct knowledge of their efforts.