71379875
OPMoneyMattersSG
:
The first trading day is really difficult to predict. One would guess it goes down a lot for its high allocation for retail traders. However any trader on Robinhood who flip the ipo shares within the first 30 days get banner for 60 days from future IPOs. So most people who get these ipo shares may not be interested in flipping these shares. Anyway, let's see.
71379875
OPMoneyMattersSG
:
Although Robinhood did quite a lot bad things, I am actually quite thankful to it because it brings down the trading cost for other platforms. Haha
Machiavellis3rdEye
71379875
OP
:
I don’t believe those costs have beneficially come down... esp when you consider all the other ways in which we are hurt by their new income revenue streams.
MoneyMattersSG : DoWn already
71379875 OP MoneyMattersSG : The first trading day is really difficult to predict. One would guess it goes down a lot for its high allocation for retail traders. However any trader on Robinhood who flip the ipo shares within the first 30 days get banner for 60 days from future IPOs. So most people who get these ipo shares may not be interested in flipping these shares. Anyway, let's see.
71379875 OP MoneyMattersSG : get *banned
MoneyMattersSG 71379875 OP : Looking forward to it...
71379875 OP MoneyMattersSG : Although Robinhood did quite a lot bad things, I am actually quite thankful to it because it brings down the trading cost for other platforms. Haha
Machiavellis3rdEye 71379875 OP : I don’t believe those costs have beneficially come down... esp when you consider all the other ways in which we are hurt by their new income revenue streams.
Machiavellis3rdEye 71379875 OP : ....Haha.