Bargain basement prices in premarket! Get 'em while they're hot!


Suppose I do a cash advance on my credit card for $4,000. ($200 fee for doing it).

Then, I use Robinhood Gold and instantly deposit it.

Next, I use margin to buy $8,000 total of DWAC (about 140 shares).

This would make a hell of a day trade, right? Any thoughts? Maybe swing trade for a week, pay back, and keep profits?

Edit: I would have a stop-loss in place to hedge losing bigly, of course.

Update: Still watching, researching, and waiting for the right time to pounce. Focused on daily RSI and volume to gauge price action. Will post any results from a trade if it happens.