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Infinite Insights  

Infinite Insights

Author: Vinnie Rodriguez

Inspiration, and a collection of varied real genuine observations and experiences you can take with you in your personal development
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Language: en

Genres: Business, Entrepreneurship

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GameStop The Madness...Why Hype Stocks & Get Rich Quick Don’t Work
Sunday, 7 February, 2021

In this episode, we make some important correlations between the #wallstreetbets Reddit movement driving GameStop and silver prices and the real economy. GameStop crashed closing this week, after soaring to $500 in the last two weeks, back to its original resistance high in 2013 of $60. I talk about what GameStop has in common with Macy’s, Toys R Us, Blockbuster and other big box retailers and how the last year’s health crisis exacerbated the economic condition we are in today.

 

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