The Market Frenzy Is Over: Yes People Got Paid!
- The Money Trade
- Feb 5, 2021
- 1 min read
Last week the market was in a frenzy like never before. Speculators, or in this case Dead Money/Retail investors pulled a bold move to squeeze out Short Sellers. Short Sells are risky trading as people basically are betting against a certain company.
This bold move held top headlines all week long, as brokerages like Robinhood limited the activity for companies like GameStop & AMC. Many people jumped in and got quick pay day. Even those who consider themselves investors cashed in on the frenzy.
This move doesn't increase the value of these companies so share prices will come crashing back down. Rich people love to pounce on movements like this because their cash flow is never ending. Buy low sell high is their concept, and they have millions to do just that.
The frenzy is over and the media is not so focused GameStop. Just like that it's over. My portfolio is soaring and its business as usual. It's incredible how amateur investors can beat the market and all kinds regulatory issues are brought up, but when veteran investors pull the same move nobody's says anything!
Join Robinhood with my link and we'll both get a free stock 🤝 https://join.robinhood.com/cedricg23
It does not make the company better
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