I don't trade meme stocks like this, but in the online video games I play there is no short supply of trolls egging you on to go buy tons of gamestop.
@PreetBanerjee
4 ай бұрын
Thanks for sharing that - that’s very interesting!
@wildwheelsdarin
4 ай бұрын
I had a quick peek but didn’t want to risk losing. Greed tends to raise its head when you’re in the game. I would have likely held on too long!
@PreetBanerjee
4 ай бұрын
"Investor, know thyself." You pass! 😊
@bryanaustin8362
Ай бұрын
Very tempted to dabble in meme stocks but somehow always resist the urge. Getting too close to retirement now, probably foolish to even consider this anymore...god give me strength!
@PreetBanerjee
Ай бұрын
@@bryanaustin8362 Dabbling in such a volatile, speculative strategy is very high risk. It’s better to think of it as gambling!
@tonysim4290
4 ай бұрын
What about the difference today were so much more retail have taken ownership of their shares by DRS?
@johnnyflannigan136
4 ай бұрын
Must be a factor
@PreetBanerjee
4 ай бұрын
I wonder if it is a double-edged sword: less shares to short so the short interest has a lower limit (and it was partly the high short interest that put GME on the radar in the first place), but a lower tradeable float also reduces shares available for covering those who are short if they need to cover. There are some other differences as well: hedge fund analysts have had three years to study how the retail investor movement in meme-stocks worked in the past and using that info against them.
@scottshafer9813
4 ай бұрын
Great work Preet !
@PreetBanerjee
4 ай бұрын
Thanks Scott! Love the profile pic. I miss my motorcycles (never had a dirt bike but I’ve launched myself into a tree on one lol)
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