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This Is What Happened to the GameStop Mania | Odd Lots

发布时间 2022-05-12 22:08:08    来源

摘要

The first true meme stock was GameStop, which went wild in early 2021, delivering brutal losses to short sellers, and a fortune to a handful of independent retail investors who participated in the squeeze. The episode shined a bright light on the WallStreetBets subreddit and the power of social media in disseminating trade ideas. One investor who did well was Rod Alzmann, who had been long GameStop for years as a value/turnaround play. On this episode of the podcast, we speak with Rod, the founder of Wook Capital and the proprietor GMEdd.com. We discuss where the company is now and what happened to the cohort of traders who scored big during that episode.  Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets. Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcast #OddLots Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Markets & Finance: https://www.youtube.com/channel/UCIALMKvObZNtJ6AmdCLP7Lg Bloomberg Politics: https://www.youtube.com/c/BloombergPolitics Bloomberg Technology: https://www.youtube.com/c/BloombergTech Quicktake Originals: https://www.youtube.com/user/Bloomberg Quicktake Now: https://www.youtube.com/channel/UChirEOpgFCupRAk5etXqPaA Quicktake Explained: https://www.youtube.com/bloombergexplained For coverage on news, markets and more: http://www.bloomberg.com/video

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