Walkner Condon Financial Advisors

The question on everyone's lips is "What is going on with GameStop?" In this podcast, Keith, Clint, and Stan describe what "shorting" a stock is, what a short squeeze is, and why the concerted efforts of Redditors have put a short squeeze on GameStop and driven up the price an incredible amount in a short time. From there, they look back at the (not so) recent history of the market and discuss this in the context of the dot com boom of the late 90s—along with analyzing some of the more nefarious activities of traders and speculators in that era. Finally, the three explain why this trade should be avoided (both for financial and legal reasons) and explain the SEC's reputation and history on cracking down on some of these sorts of market manipulations... --- Send in a voice message: https://anchor.fm/walkner-condon/message