 Boom. What's up money gigs, Mr. V here. Welcome to another video guys. So into this video, I want us to talk about Robinhood, specifically the IPO that's going public today. So for those of you guys that have been in the market and investing, you must have heard about Robinhood. This company is finally making their debut on the NASDAQ. So that's what I want us to cover into this video. But before we get started guys, if you're new to the channel, we took 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 and the notification bell so you don't miss out on new content. So when it comes to Robinhood guys, most of you guys probably recognize the name of the company. If you're investing, you must have heard about them, especially when we had this meme stock craze go around and we had AMC, GameStop and all this meme stock. Robinhood was at the forefront of that particular situation because of some of the practices that they did during that period. If you guys remember the story where people got GameStop, they could not buy more, they could only sell, which kind of pushed the price of the stock down. Most people were so mad at Robinhood that that was a collusion with Wall Street to try to cheat people on Main Street or retail investors. So again, they took advantage of that, which is publicity. A lot of people heard about Robinhood and now they are attacking the company public to their advantage. So again, in this video I want to tell you guys my game plan for the IPO and what I anticipate moving forward. Again, Robinhood is a company that I don't need to kind of explain to you guys what they do is just an investment company. So basically what they do is they provide a platform where people can start investing in the stock market. A lot of people that are not investing yet, Robinhood make it easy because they are one of the companies that came in and started the whole commission free investing universe. So now pretty much every broker out there right now does free investing, commission free investing. Robinhood actually were the pioneers there. Other companies like M1, SoFi, ACON, Stockpile, Vanguard, TD Ameritrade, name it, everybody is getting into the space. And then the other thing that kind of started with Robinhood and the other brokers is the fact they started doing fractional shares. A company like Stockpile started fractional shares and then Robinhood got into it as well. And so you have the ability to trade commission free fractional shares, but you guys know my take and I've done videos here on the channel guys. Robinhood actually messed me up. So I'm still mad at the company. I left the company or the platform a while back just because of the stuff that I was getting there, the mistreatment that I was getting there. And also the fact that these guys, in my personal opinion, colluded with Wall Street. Even though they won't come out and say it, oh, I forgot to mention, you can also trade crypto on Robinhood. But I'm still mad at the company. So right now I don't have Robinhood. I'm not using it per se for any investing because I moved my stuff out of it. But again, if there's an opportunity to trade, then I can definitely trade because I'm gonna trade it just like any other stock because it's not the company itself, it is the market that I'm trading. So what's my game plan for the stock? The IPO is currently scheduled to go out right now. I think that the debut price is set at $38. But you guys know how this usually works at $38. This thing is gonna come out inflated. So you're looking somewhere about $45 to $50 at open. And then you might see a spike to maybe $60 and then before that pullback. So if you are somebody that's excited about Robinhood and you want to invest in the company, I would say don't invest right at IPO because most often than not, you would see a spike and then pullback. So even if you get into the IPO, take some profit and then wait, when this thing pulls back, because that is usually the case, spike and then settle down. And then that's what you can get in. So you can look at like Coinbase and all these other companies that IPO, that is the plan. That's how it's always gone. It spikes up and then pullback. And then for you that's looking to go long term, that's when you can jump in and invest long term. So that would be a simple plan there. For me, I'm just looking at opportunity to trade. I don't plan on investing in Robinhood long term, but I'm definitely gonna trade it if I see the proper opportunity. So I'm gonna keep my eyes open as soon as this IPO goes live, I'm gonna see what I can get there. Again, I'm gonna be very smart about it though. So the ticker symbol here is H-O-O-D. So hood, Robinhood. So H-O-O-D, that's the ticket symbol that it's gonna be trading on there. So if you don't really have it, if you go your broker would probably have it, but it's not gonna be trading. You said it's stock, it's not tradable. So definitely put the ticker symbol on your watch list. Again, like I said, there's no specific time when this thing is gonna start trading because they don't really give you that time. It just usually opens around. Again, in my experience, most IPOs start somewhere between 11 and one PM central time. That's my time zone. So definitely figure out what works for you. And in other cases, you can also put an order, a limit order as to what price you feel comfortable buying. So let's say it opens at 38 and you feel comfortable. You can put an order at 38.50 so that if it opens, if it fills your gut, if it doesn't, then you can not start looking for ways to get back in, but definitely don't be a chaser in this one. So that is my take when it comes to Robinhood. So again, guys, Robinhood, it's one of many brokers that there is out there. Again, like I said, from Stockpile to M1 to Webull, just name it to Acoin. There are so many different platforms out there that you can trade on. Robinhood is really giving credit to themself that they are the simplest platform that people can start investing in. Again, the jury's out on them for that. I'll let you, those of you that use Robinhood to be the judge here, they have that claim. I'm not, I mean, I'm not disputing that the claim is bad, but again, I am not a current user of Robinhood because I left the platform. Again, just from an investment standpoint, I don't know if a lot of investors are, they've gotten over the fact that Robinhood did what they did during that meme stock craze. If they have, and then there's probably an opportunity here, but I don't see this as a massive opportunity long-term just because of the space. There's so many companies that are competing in that space. And again, Robinhood can come out on top. I'm not saying that it can't. Me personally, I'm not gonna be investing in this one long-term, and I could be wrong. You cannot win them all, but this is one that I'm gonna be trading, but definitely I don't plan on investing in this one long-term. So let me know in the comment section, what do you think? Do you plan on investing in Robinhood long-term? If yes, let me know what your game plan is for this stock. Do you plan on buying IPO or waiting for a dip? Again, let me know in the comment section if you're new to the channel, we'll talk 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 smash that like button and the notification bell so you don't miss out on new content. Also, guys, if you are getting started with investing, I personally right now recommend Weibo to get you started. You can invest and you can trade on the platform which I like. So I'll put the links in the description below. And if you sign up and deposit $5, you get two free stocks at no cost to you. And as always, guys, do your due diligence. Don't be a greedy savage. Stay motivated.