In today’s Money Morning…making memes, making money…the butt of the joke…and no one wants to suffer at the expense of that…and more…
By now you’ve probably noticed a bit of a theme in this week’s Money Morning articles.
Both my…
We do want to discuss is the catalyst for this latest GameStop resurgence. Because more than just a ‘meme’, it is a fascinating insight. GameStop shares are moving again, and fast...
One of my favourite quotes from Mark Twain is that ‘It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.’ That is a fabulous quote to keep in mind as you try to navigate the stock markets.
You should takeaway these three lessons or tips for Investors from the GameStop short squeeze. Most financial media outlets aren’t there to educate investors… rational greed is valuable…
It’s now clear how corrupted our existing financial system is. A new system of financial plumbing is being created. It’s called DeFi — decentralised finance — and it’s all that any honest investor could want: a level playing field...
A number of stocks had large outstanding short positions built up by various hedge funds. A reddit group called ‘Wallstreetbets’ managed to drive the share price of these stocks higher thus causing immense losses for the hedge funds...
Seemingly out of nowhere, Robinhood and a handful of other trading apps prevented users from buying — and only buying — GME stock. As well as a handful of other companies earmarked by WallStreetBets...
If you don’t actively set aside time to educate yourself about markets, you are doing yourself a disservice. And the financial protest movement that the GameStop short squeeze set off is a sign of the times...
Well, if you’ve been following US stock market news you may already know. This stock is GameStop Corp [NYSE:GME]. A huge short interest on GameStop attracted the attention of an internet forum. A group on the website ‘reddit’...
