What is going on with GameStop (2024 Edition) - Explained
Did Roaring Kitty sell his twitter account? Is the short interest the same as 2021? Do we know what's going to happen because it's happened before?
This week, GameStop skyrocketed by over 270% within two trading days at one point. What's driving this surge, and is it different this time around?
Key Highlights:
-The Roaring Kitty twitter account posted a meme after three years of inactivity, sparking speculation
-Theories about whether Keith Gill sold his account and the impact of these tweets
-Citron Research's Andrew Left shorting GameStop again
-Renaissance Technologies' strategic move ahead of the recent rally
-What are the differences between 2021 and today?
Trading meme stocks is gambling, not investing. But: Have you ever gambled with meme stocks? Has this round of GameStop action tempted you into trading it trying to make a quick buck? Were or are you long, or short? Using options? Or do you prefer the long-term discipline approach for 100% of your money?
WATCH MORE OF MY MOST POPULAR VIDEOS:
When does renting make more sense than buying a home?: • Renting versus Buying a home | Which ...
How to calculate your Net Worth: • How to Calculate Your Net Worth
How to find more money to save: • How To Find Money To Save Without Kil...
My podcast about "Mostly Money" things: https://www.buzzsprout.com/5821
ABOUT ME: I've hosted a personal finance TV show on the Oprah Winfrey Network, used to be a stockbroker, went to school to become a racecar driver (failed), founded a fintech company that provides financial planning software to financial advisors who want to help more people who don't have lots of money, and I consult with wealth management companies on commercializing applications of behavioral finance. I'm also quite fond of donuts.
SUBSCRIBE FOR MORE VIDEOS LIKE THIS: http://www.youtube.com/user/preet182?...
MY BOOK TO LEARN ABOUT THE BASICS OF PERSONAL FINANCE: https://www.amazon.ca/gp/product/0143...
FOLLOW ME ON TWITTER
/ preetbanerjee
WEBSITE: http://www.preetbanerjee.com
#MoneySchool #PersonalFinance #LearnAboutMoney #LearnToInvest #money #stockmarket #finance #howtoinvest #budgeting #budget #savemoney #insurance #financialplanning
🎵 Music licensed from Lickd. The biggest mainstream and stock music platform for content creators
Wicked Game by Peter Jöback, https://lickd.lnk.to/AFzar0ID License ID: EpRejpqQOxW
Try Lickd FREE for 14 days for unlimited stock music and get 50% off your first mainstream track: https://app.lickd.co/r/4d54ada5e41b4f...
Watch video What is going on with GameStop (2024 Edition) - Explained online without registration, duration hours minute second in high quality. This video was added by user Preet Banerjee 17 May 2024, don't forget to share it with your friends and acquaintances, it has been viewed on our site 1,99 once and liked it 9 people.