Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do? You know you should have had a stop loss and profit target when buying the stock. You know that there needs to be a catalyst to get the stock to move back up. You know … Read more
It’s now February and the weekend has largely splashed cold water over the burning fire that was GameStop. The weekend was filled with articles about how redditors have “moved on” from GME and now looking for the next great short squeeze. There was an incredible amount of info pushing retail investors towards the silver market. … Read more
January 29, Friday. Expiration Day. The GME army is holding and continuing to buy GME. I get an email from Robinhood in the morning stating there’s limitations on the number of shares each account is allowed to buy: 5. A measly 5 shares only. It’s almost worse than keeping the buys shut off completely – … Read more
This week has been one for the record books – and it’s only Tuesday! So the super concise version of what’s happened. The phenomenon is called a Short Squeeze. To understand we a Short is a trading strategy used most often by Institutional Traders like hedgefunds to make money while betting that a stock’s price … Read more