To paraphrase Mark Twain, it’s easier to fool people into believing they’ll make piles of money than it is to convince them they’ve been fooled. Here’s the true story of stock investors who smoked so much “hopium” they lost their shirts — and their minds.
For all the talk about “sticking it to Wall Street”, it’s quite likely that most of the biggest “winners” in the GameStop mess were Wall Street types. Either trading for their employers or trading in their personal accounts.
For all the talk about “sticking it to Wall Street”, it’s quite likely that most of the biggest “winners” in the GameStop mess were Wall Street types. Either trading for their employers or trading in their personal accounts.