Fading the Dumb Money at 4 am -Dennis Dick | PreMarket Prep

In this episode of PreMarket Prep, Dennis Dick talks about the premarket trading action in $RBLX (Roblox Corporation) and points out why it never paid to chase stocks in the premarket at 4 am in all his years of trading. Cathie Wood purchased 500,019 shares for her ARKW fund, and the price skyrocketed up 20 points and soon after lost 15, leaving a few traders holding the bill at the top of the price spike. Subscribe for daily trade ideas https://www.youtube.com/c/Benzinga Meet the Hosts: Dennis Dick Twitter: https://twitter.com/TripleDTrader?s=20 Joel Elconin Twitter: https://twitter.com/Spus Mitch Hoch Twitter: https://twitter.com/STORYInvestors Spencer Isreal Twitter: https://twitter.com/sjisrael /////MORE STUFF TO CHECK OUT////// Benzinga Premarket Activity newsletter ➡️https://share.hsforms.com/1SoPsxeyZRGaNV52R_Z7CKQ1npzh Free stock market news ➡️ https://www.benzinga.com/ Benzinga merch ➡️ https://swag.benzinga.com/ Join Benzinga’s Free Chat ➡️ https://discord.com/invite/SSAWFYy Live education at Benzinga Boot Camp ➡️ http://bit.ly/BZBootCampFeb Get EXCLUSIVE ACCESS to Benzinga's Premium Products: https://www.benzinga.com/premium-products/ iTunes: itunes.apple.com/us/podcast/benzinga-tv Spotify: https://open.spotify.com/show/7dA6TuZpPoRDj3YyCPP7dn Soundcloud: soundcloud.com/bztv Stitcher: www.stitcher.com/podcast/benzinga-morning-show TuneIn: tunein.com/podcasts/Business--…nzinga-TV-p1006070/ Google Play: play.google.com/music/listen?u=0#…gd4pry47sjss2n2my Like the show? Keep up with all Benzinga news! Visit https://www.benzinga.com/ to subscribe to our newsletter Visit https://twitter.com/Benzinga to follow us on Twitter Visit https://www.facebook.com/Benzinga/ to like us on Facebook PreMarket Prep is a LIVE stock trading talk show that airs on weekdays from 8-9 am ET on YouTube as well as premarket.benzinga.com/pre-market-show/ Check out our chat rooms to get your questions answered on the show! Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions. #Benzinga​ #StockMarket​ #BenzingaPro​ #Trading​ #Topstocks​ #success​ #investing​ #stocktrading​ #stockmarketnews