In the first installment of this two-part discussion discussing what is occurring in the netherworld of short selling, I discussed the mechanics behind a short sale. Now in the second installment, I will discuss what happened two weeks ago as GameStop (GME), AMC Entertainment (AMC) and other highly shorted stocks were under a massive coordinated […]
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My Gut Feeling For Today, January 31, 2021: Short Selling, Gamestop and Robinhood – Part 1
What’s Going On? In all honesty, last week, I wanted to write about the latest hot topic on Wall Street which was the short squeeze perpetuated by some traders gathered on the website Reddit who traded primarily though a popular small investor trading site called Robinhood. However, I was all too busy fielding phone calls, […]