Gamestop AMC Nokia and much more were the latest stocks to rise unexpectedly thanks to Wall Street Bets on reddit. GME was a heavily shorted stock to begin with by many wealthy hedge funds. Seems like people wanted to get back at them by buying into GME a stock that doesn't have that great of fundamentals. This could lead to exponential losses for the short sellers if the stock price keeps rising. Do you think this stock surge in GME AMC can continue?
Follow me on my new Instagram: CitizenoftheYear! Be sure to like, comment and subscribe for more content.
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice.
During Post-Production it appears Robinhood and some other brokeragers have now limited many popular WSB stocks. Im not sure how this is legal but that alone sounds like market manipulation. Brokerages likely receive a good amount of their revenue from hedge funds. I made a video about why I left Robinhood in Oct, now Im going to make one on how to actually make the move with detailed steps. So be sure to join the channel so you don't miss out!
Follow me on my new Instagram: CitizenoftheYear! Be sure to like, comment and subscribe for more content.
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice.
During Post-Production it appears Robinhood and some other brokeragers have now limited many popular WSB stocks. Im not sure how this is legal but that alone sounds like market manipulation. Brokerages likely receive a good amount of their revenue from hedge funds. I made a video about why I left Robinhood in Oct, now Im going to make one on how to actually make the move with detailed steps. So be sure to join the channel so you don't miss out!
