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Ep 4: Explaining GameStop’s Meteoric Stock Rise And Lessons Learned From A Wild Few Weeks On Wall Street

Author
Trent Bradshaw
Published
Thu 11 Feb 2021
Episode Link
https://bfpuniversity.libsyn.com/ep-4-explaining-gamestops-meteoric-stock-rise-and-lessons-learned-from-a-wild-few-weeks-on-wall-street

You probably heard all about GameStop stock and buzzwords like short squeeze, Reddit’s Wall Street Bets, and hedge funds the last week of January. But what really happened that had all of the financial media world stirred up and Alexandria Ocasio-Cortez and Donald Trump Jr. actually agreeing about something? We’ll seek to explain what happened and cover some lessons learned from the events.

Key Points:

1:01 - What Is GameStop?

2:34 - Short Selling The Stock

6:41 - Limiting The Amount Of Stocks That Could Be Bought

9:58 - Diversification Is Key

Contact:

Email: [email protected]

Call: 704-216-2260

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