Game Stop and the Mechanics of a Short Squeeze

This episode was recorded after one of the most bizarre weeks in the investment world I have ever seen.  Unless you were living under a rock, We all just witnessed the meteoric rise of Game Stop stock and a few others such as AMC, Black Berry, Nokia, and even a local company in Milwaukee here where I live, named Koss Corp…This rise was different in that a reddit page called WallStreetBets was the online community where individual investors combined their buying power together, like we’ve never seen before, into Game Stop stock with the goal to increase its stock price, and in turn sticking-it to the big hedge funds with short positions…creating what might be one of the biggest “short squeeze’s” the market has ever see..  Wow what a ride it was…I was on the edge of my seat all week, literally….so let’s break it down a little bit.     Please visit www.rhitch.com/resources for more information.   Ryan Hitchcock Financial Planner   Direct: 414-253-4611 [email protected]   Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance is not guarantee of future results.  Securities and investment advisory services offered through SagePoint Financial, Inc. (SPF), member FINRA/SIPC. SPF is separately owned and other entities and/or marketing names, products or services referenced here are independent of SPF.    1200 N. Mayfair Rd., Suite 300, Milwaukee, WI 53226. Phone: 414-253-4600.