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Meme Stocks, GameStop, Short Squeezes, and Bubbles

Meme Stocks, GameStop, Short Squeezes, and Bubbles

FromMoney For the Rest of Us


Meme Stocks, GameStop, Short Squeezes, and Bubbles

FromMoney For the Rest of Us

ratings:
Length:
28 minutes
Released:
Jan 27, 2021
Format:
Podcast episode

Description

How coordinated buying by retail investors has turned the table on Wall Street. Are there signs of a market bubble?Topic covered include:What are meme stocksWhy GameStop's stock (GME) has soared to over $300 from $17 in less than a monthWhat are short squeezes and gamma squeezes and how they can push up a stock priceHow short-sellers including hedge funds are losing big against individual investors on the wallstreetbets subredditIs coordinated buying of options and stocks by individual investors illegal?How market flows into stocks are taking precedence over fundamental dataIs the stock market in a bubble and how does the current market environment compare to the 1999 Internet bubble and the 2006 housing bubble?Thanks to Truebill for sponsoring the episodeFor more information on this episode click here.Show Notesr/wallstreetbetsFOR POSTERITY—Almost Daily Grants 1.25.21GameStop can’t stop going up by Jamie Powell—Financial TimesReddit: bull attack by Jamie Powell and Philip Stafford—Financial TimesHow WallStreetBets Pushed GameStop Shares to the Moon by Brandon Kochkodin—BloombergSubmit Your Pick for the Next Meme Stock Here posted by u/AssPowers 2/18/20—r/wallstreetbets17 CFR § 240.10b-5 - Employment of manipulative and deceptive devices.—Legal Information InstituteHow'd You Guys Manage to Win so Big it Made These Old Guys Drown in Their Tears? posted by u/bawse 1/24/21—r/wallstreetbetsFive Things You Need to Know to Start Your Day by Cormac Mullen and Tracy Alloway—BloombergTweet by Paul Kedrosky (@pkedrosky) on 1/25/21Baupost’s Seth Klarman compares investors to ‘frogs in boiling water’ by Ortenca Aliaj and Eric Platt—Financial TimesUS stock rally drives ‘ludicrous index’ towards dotcom era heights by Eric Platt—Financial Times
Released:
Jan 27, 2021
Format:
Podcast episode

Titles in the series (100)

A personal finance and investing podcast on money, how it works, how to invest it and how to live without worrying about it. J. David Stein is a former Chief Investment Strategist and money manager. For close to two decades, he has been teaching individuals and institutions how to invest and handle their finances in ways that are simple to understand. More info at moneyfortherestofus.com