Robinhood App - Making Money with Robinhood: Risky Penny Stock Method



Buy, sell, what should be done? Keep it tuned right here on the Techcrackhouse for news, tips, and the best ways to invest. Please subscribe and like, it helps a lot. I upload more regularly than Hillary checks her email. BECOME A CRACKHOUSE DWELLER TODAY! Robinhood Download Links: IOS: https://itunes.apple.com/us/app/robinhood-free-stock-trading/id938003185?mt=8 Android: https://play.google.com/store/apps/details?id=com.robinhood.android&hl=en Robinhood Main-page: https://www.robinhood.com/ Acorns Download Links: IOS: https://itunes.apple.com/us/app/acorns-invest-spare-change/id883324671?mt=8 Android: https://play.google.com/store/apps/details?id=com.acorns.android&hl=en&gl=us Acorns Main-page: https://www.acorns.com/ I AM IN NO WAY A MARKET PROFESSIONAL; USE YOUR OWN JUDGEMENT WHEN PURCHASING STOCKS AND OTHERWISE. I AM NOT RESPONSIBLE FOR AND GAINS OR LOSSES THAT YOU MAY EXPERIENCE. THE MARKET IS INHERENTLY RISKY, AND YOU SHOULD ONLY INVEST WHAT YOU ARE COMPLETELY WILLING TO LOSE.

Comments

  1. This dude is stupid
  2. Don't listen to this guy
  3. This stocks was worth $.13 cents when you made this video now its worth $9.19 in a 2 month lapse you should've invested in it.
  4. Penny Stocks are removed from Robinhood when they are delisted from the NYSE.  That happens if a stock is bellow $1 for longer than 29 days.  Now the reason sometimes they aren't removed is because they filed for an extension from the NYSE showing a plan of action of how they are going to get their share price up.  Alternatively they can do a cosmetic fix, which is to do a Reverse Split.  This is what it sounds like, instead of multiplying all shares in circulation it divides.  An example I held a 100 sares of a stock that was valued at let's say $0.10, and is about to be delisted.  The company declares a reverse split of 1 in 20.  The R/S goes through I now hold 5 shares of a stock valued at $2.00, however since this reduces investor confidence, because they know it's a cosmetic fix and that there are underlying problems with the company, this causes a panic sale.  You will then watch over a period of days the stock fall, now if it stops falling while above $1 all is fine and it could recover, but if it continues to fall into penny stock land it's going to have to rinse and repeat, though it did at least give itself another 29 days to find a way out of this low stock price.


    I was one of the fools who held SKLN for months when it was worthless, they did a R/S and the stock immediately tanked downwards losing me half my value, I sold.  The company than announced it had secured a sale contract with Germany and the stock shot up over 1000% and now sits in the $3 camp and was rising up until the recent market downturn.  I am very sad. lol.  In general R/S are toxic to a stock, it's like chemo, it will make it sick, cause it to be weak, but in the end the company might survive because of it.  When they refuse to don a R/S and don't recover their value they are delisted and usually re-listed on OTC, which is an exchange that has far less rules than NASDQ or NYSE and Robinhood does not support them.  It's kind of the wild west of stock markets.
  5. you clearly have no clue what you are talking about
  6. The problem with the scale-trading method is that it cuts your profits and let's your losses run, while shackling your capital to declining stocks. This is the most common strategy used by new traders.
  7. omg so u just bought tons of MONEY BOMBS


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Duration: 4m 19s

Rating: 41