| | Dear TheoTrader, | Just when you thought the market couldn't get any more ridiculous, right when you felt there couldn't possibly be any more manipulation, more thumbs on the scale, we get… | Meme-Stocks II: Electric Boogaloo
"Roaring Kitty" and the Reddit crew bid, you guessed it, GameStop (GME) and AMC Entertainment (AMC) up to relatively stratospheric levels. It was like 2021 all over again. | GME rose something like 186% and AMC rocketed around 135% in a hurry - a classic squeeze where everyone piled in. | Of course those stocks came back down even faster, leaving who-knows-how-many bagholders in the dust. I certainly hope you weren't one of them. | My friend and colleague, Gianni Di Poce spotted this coming a mile away and warned everyone who'd listen that this "nostalgic" meme-stock craze was going to be even shorter and uglier than the first one. | He's outlined three investing principles he's developed over the years that can make (and save) you a ton of money in the long run. Because chances are this won't be the last time we hear from the meme-stock crowd, or some other fast-buck operator or craze. | Click here to check them out - and you'll get an automatic free subscription to Gianni's Sector Leader Bullseye research. Strategies, tactics, stock picks, trading ideas - all delivered to your inbox every week. It'll always be free, too. | We'll talk soon. | | Don Kaufman
Co-Founder, TheoTrade |
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