In 10 days, one of the most well-known trading platforms, Robinhood, plans to go public and its expectations are high. Robinhood is aiming for a market valuation of about $35 billion for its upcoming IPO. On Monday, the company released an amended prospectus. Inside that prospectus, the company announced that it plans to sell 55 … Read More
With July only a week away, which penny stocks are investors watching? Well, to find this out we have to combine all the events going on right now and understand how they will impact the market. On a short-term basis, the massive cryptocurrency dive is affecting both penny stocks and blue chips heavily today. As … Read More
The millions of new investors and traders who joined the stock market in the past year may not be who the majority of financial media think they are. Images of young men and women home from college using their stimulus checks to trade meme stocks may be overblown. According to Investopedia’s recent survey of its … Read More
We’re at the start of a brand new week and a whole new list of penny stocks to watch. One of the popular places that retail traders are searching is on Reddit. The social media discussion platform has become a notable hang-out for traders. That’s ever since the massive short-squeeze triggered GameStop, and others were … Read More
In January, GME stock saw an epic squeeze, but in March, it’s something different Particularly at this point, I don’t believe that a “short squeeze” has much, if anything, to do with how GameStop (NYSE:GME) stock is trading. Yes, the original trade that sent GME stock soaring back in January looks like a well-executed short … Read More