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Podcast: Money Life with Chuck Jaffe
Episode: New Constructs' Trainer says Robinhood investors won't be merry men
Description: David Trainer, president of New Constructs, says that while Robinhood Markets is down about 80 percent from its 52-week high and that it has room to go a lot lower, having burned through $3.5 billion in cash in the last 12 months, with just more than that amount left in cash on the books. Trainer put the company back into The Danger Zone, saying "We're really not sure what is going to prop this zombie stock up much longer ... '' even as "it is priced as if it is going to go to the moon." Also on the show, Mark Fleming, chief...