The Dow Plunged 634 Points Because Stocks Took a Double Punch
A market-wide short squeeze and Fed commentary sent shares reeling. GameStop stock more than doubled in the frantic action.
www.barrons.com
One of the worst things about the Reddit kiddies is that they actually killed Gamestop. Two turn around investors cashed out and walked. Which one of those Reddit morons are going to step up and provide some long term financing and their expertise turning around poorly run retail companies who are in a dying brisk and mortar space?
The problem is too many people purchasing and selling stocks now are day traders.
The only problem is the little people won and the pros got it handed to them. Rumor has it that the new “game” is now towards silver and that it could have a profound impact on our economy. I will not participate at all but will be watching from the sidelines.I made a tidy profit with day trading during the tech bubble.
Not understanding the problem here...
Jeff Bezos,,, the new minister of propaganda in the Biden administration!!Who are the bad guys here ???