Friday, May 14, 2021

Robinhood....



I'm getting a silly amount of enjoyment from a Robinhood account, and should have done this long ago.  For only a few bucks, it's hours of interesting research, with a free emotional roller coaster too.

Here we see Piedmont Lithium, of which I own less than one share.  We are talking a decent cheeseburger lunch for two here, but what do I get for my money?   The actual investment is miniscule, and as much a gamble as all stocks are.  That said, the odds are better than state sponsored gambling in the lottery, and I get hours and hours of enjoyment for my money, instead of 30 seconds of desperate hope while playing scratch and sniff on a coffee stained ticket bought at the local stop-n-rob.

Piedmont Lithium shut down trading yesterday, and then announced a new US stock offering that will fund expansion.  What does that mean?  What expansion?  Will the stock go up or down?  What are market leaders saying? 

See what I mean?  I could, if I wished, dive headfirst into research for the rest of the day, and enjoy every minute of it.  Beats the hell out of the lottery!



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