Robinhood is finally available to trade after weeks... and weeks of endless speculation about the whens and hows.
It hit the exchanges Thursday at around $38, which would value it at roughly $32 billion. It's traded between $33 and $36.50 ever since.
The valuation of around $32 billion is certainly not outrageous; it's right in the ballpark. And by now, we're all familiar with its disruptive business model. I've gone so far as to call it "revolutionary," and there's no denying that market democratization has bitten Wall Street a few times over the past year.
But is it a "buy" at $33, or $36, or $38?
I've got the answer for you right here...
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There's another potential opportunity I want to put on your radar screen - it should be on radar screens everywhere, frankly, but it isn't. In fact, it might just be the "best-kept secret of the investing world," as one veteran economic analyst put it.
See, there are around 500 small companies looking to go public on American exchanges right now - a big number, but that's not the secret. What might not be widely known is that it's possible to secure "pre-IPO rights" in these companies - sometimes for $1. And, should these companies go public, these rights have the potential to explode in value; peak gains of 6,566%, 8,280%, 9,075%, even 27,550% have been seen in exceptional cases. Rare performance, sure, but they really highlight the kind of potential pre-IPO rights have. I'll show you how it works here...
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