itsgucci060 t1_j2121bw wrote

Based on the question you asked about cheap stocks, it sounds more like you’re actually trying to invest rather than day trade. If that indeed is the case, I commend you.


itsgucci060 t1_j20zafe wrote

Can’t you just buy a large cap company in a good industry at a massively deflated P/E? Why must you make a pure gambling play? Unless you are/have been a trader by profession with a huge amount of capital to work with, there’s simply no way to consistently make money doing this. Please consider investing instead of gambling.


itsgucci060 t1_j1wyaiv wrote

He and his parents are going to be flat broke after this is done. The legal fees and the inevitable massive fines will wipe out his equity in Robinhood as well as any other assets. We’re talking about a billion dollar fine here.