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Good Politics Is Bad Economics – Ep 803

The Peter Schiff Show Podcast

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Robin Hood - The New Way of Investing

Shares of robin hood, which were already down at a new all time low prior to the announcement, went down again after the announcement. After s trading, we almost got below nine dollars a share, then we got down to about nine 30. We've snapped back a little bit. We're trading about nine 56. If you look at where the stock was trading at its loas in the after hours, the stock is down 89%. Everybody loved this stock. Particularly during covid as people were staying a home and gambling their stimulus money using their robin hood ap. And i pointed out that we have a bunch of fools that have money they didn't earn, and they don't

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