 Wow What's up money geeks Mr. V here welcome to another video guys so into this video We are going to talk about ticket symbol H.O.O.D Robinhood so this is a stock that debuted last week on the Nasdaq I did a video here on the channel talking about it. So if you didn't watch that video I'm gonna hook it up here so you can definitely go check it out So today this talk has made some tremendous moves. So that's what I want us to cover But before we get to the guys who are new to the channel, we talked about how to earn money How to save money how to invest and build wealth. So that's something that interests you go ahead and hit that subscribe button Any notification bell so you don't miss out on new content so Robinhood debuted last week on the Nasdaq and I Like I said, I did a video here telling you guys about it But there's certain things I didn't take into account in that video and I'm gonna admit that here the first one is Again first and only is that I didn't anticipate that Art Invest or Kathy Wood was gonna jump on this stock like she did If I anticipated that then I would have changed my tone on this stock because remember in that video I specifically said that I wasn't gonna hold Robinhood long term. I was just gonna trade it But Kathy Wood jumped on this team Like I mean she went crazy on it. So again, that's something that I didn't anticipate When I talked about in that video and so Robinhood is killing it So let's jump right here. I'm just gonna take a look at the news here as you guys can see No, what act innovation ETF on Tuesday disclosed that That it held about 4.9 million shares of Robinhood stock That's about 0.8 to percent of the fund So again, we know Kathy Wood does she has an active fund so they would buy and sell No, reduce the position as needed. So if you can see here, they bought this stock And I mean, I think when he was at string about thirty eight dollars and then it just went crazy So let's jump right here. Take a look. This is the stock today And I'm doing is this particular video on August 3rd. So if you can see here Open the morning at about 37 and some change Squeeze all the way and close about 46 80 if you can see here for the 680 that I was a 24 point 2 percent increase for that day But if you can see here After hours again, this is where even went crazy after I was the thing ran 11.65% So it's now sitting at 52 point two five percent That is after hours. So if you are looking that this thing is gonna open up that on the fourth It's gonna open up pretty big in my opinion. It's pregnant a spike So we might see Robinhood open up and test 60 if not even 65 And then I know for sure Kathy Wood again with her Active manage fund. They're gonna start trimming down their positions taking some profit Moving things around which is what they are really good at doing so and you guys I don't see any other catalyst that Robinhood is gonna do right now to really say this stock deserve to make a massive move beside the fact that Invest is really jumping on and I want to see I'm gonna do some research and I'm but once once I get done with that I'm gonna bring it back to you guys here on the channel when I want to see how much of The stock is held by institutions. So usually that gives an idea As to where it's go because if the institutions are feeling good about it And then you anticipate that it's gonna go. So again, you can see here Jim Kramer on Monday also said Robinhood stock was still worth buying given it's appeal to younger investors So we have two high-profile individuals here and Kathy Wood and her act invest ETF and Jim Kramer Pushing for this particular stock. So what do you think is gonna happen? This stock is gonna go up. But at this particular point I don't know for people that want to hold this long term again, if you want to hold long term That's I said like under under that Know 35 that is started at I would have been that would have been a good spot for you to go in But still if it's long term You can start looking for a little pool back here and stop building a position because if these guys keep hyping this stock Like they're doing don't hesitate here to see that if No reddit people jump into it this can you can see a short squeeze here that it's just gonna go crazy So again, there's a lot of talk about Robinhood high-profile individuals talking about it Kathy Wood loading on the stock So again for me, I'm gonna trade it. I don't plan on buying in a holding in long term just yet I'm not saying I'll never but again just for now I'm not planning on doing it because I think this thing is still gonna pull back at some point Once you pull back then I might reconsider based on my my you know my liquidity and based on what I have in my portfolio at that particular time So again Robinhood guys after hours here just popped like crazy today trading a pop So again keep an eye on this one Tomorrow the fourth to see what this stock does again Like I said my prediction here is that this thing is probably gonna test maybe 65 for a high and before Really feeling some some heat and then say I think you're consolidating or even pulling back from that point So that's why I'm gonna be doing but again, I anticipate a lot of volume In this stock It are on the fourth when people start trading it because when people open up when the market opens up on the fourth People are gonna be like whoa, what just happened? You can see tremendous amount of volume Coming into this stock. So that's what I wanted to cover in this video guys again If you got into Robinhood Congratulations to you for jumping in there and taking that profit or if you didn't get into the stock if you just did Try to eat like I did again. You have to know what works best for you So decide how you want to approach this again If you are jumping in this stock now because it's hitting these new highs You are already late because people like Kathy would and all these other Investors they're really looking at what the exit point they're looking at where to make profit if you see that things really run up 25% that's a huge amount of profit for people that are that own 4.9 million shares think about it if you go from 35 to $55 and you own 4.9 million shares that is a lot of money So you don't want to compare yourself with them So be very careful be very very careful for you retail investors that are looking to get into Robinhood If you bought the IPO price, I mean congrats again, but if you didn't Give yourself a good opportunity to find a good entry point and wait for that price to come back to you It's gonna come back. Trust me. Don't hesitate to just jump in FOMO is a disease that really kills investors And so if you jump in because of FOMO, you're gonna buy at that tip now Now when it pulls by you're gonna be in the red and then fingers crossed hoping that goes back up You don't want to be in that situation. So definitely be patient here. You can treat it like I'm gonna treat tomorrow and again I'm not buying a whole long term. I'm gonna take advantage of the situation if it goes up I'm gonna take some profit there, but long term wise I still have to reconsider So let me know in the comment section. Did you buy Robinhood at the IPO? Do you currently hold the stock? If yes, what is your strategy? Do you plan on selling and then buying the dip or do you just want to hold it for the long haul again? Let me know in the comment section if you're new to the channel We took about how to earn money had to save money how to invest and build worth So that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out a new content also guys if you're looking to get started with investing We both has their promotion where if you sign up and deposit Five dollars to get free stocks and no cost to you again I put the links in the description below and as always guys do your due diligence Don't make me savage