Tag: Stock Market
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The lock-up that stopped insiders at Palantir Technologies from selling their shares recently expired. And boy, are they excited! Palantir stock sank as much as 13% on Tuesday after regulatory filings showed the company’s co-founder Stephen Cohen and two other top executives offloaded 2.7 million shares. And they’re not the…
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So Tesla is doing great, right? And I sure would love to make as much money as Elon Musk! So let’s make our own vehicle startup. What should we call it? Hmm, picking a name is hard. Let’s just go with Tesla’s first name, Nikola! Now we have to make…
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The dating app Bumble recently went public, making founder and CEO Whitney Wolfe Herd a billionaire at the ripe old age of 31. I heard an interview with Herd a while back, and her genius at marketing really struck me. She had just created Bumble…now, how can she get anyone…
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Citadel CEO Ken Griffin claims that even though they pay Robinhood to execute their trades, investors are getting a better deal than they would in public stock markets: Citadel CEO Ken Griffin said Thursday that the system has been “very important to the democratization of finance. It has allowed the…
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They say the best way to rob a bank is to own one. Turns out that’s true for weed farms, too. I came across an interesting piece of info deep in Sundial Growers’ financial statement. Two employees have taken out loans totalling $200,000 (CAD) from the company at almost no…
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+ Business+ Canada, Cannabis, Corporate governance, Corporations, Investing, Marijuana, Scams, Stock Market, Stocks+
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Vice President Kamala Harris introduced a bill to decriminalize marijuana as a senator. GameStop was the darling of the merry band of traders on Reddit’s Wallstreetbets. Then this happened: Ouch. Now the community is looking for its next play. I nosed around the message board a little today to see…
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+ Business+ Cannabis, Gamestop, Investing, Investments, Marijuana, Reddit, Robinhood, Stock Market, Stocks, Wallstreetbets+
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As Tom Brady bagged his seventh Super Bowl, I got to thinking about an interesting trend I was seeing. I was hearing more ads for DraftKings every day. At the same time, Robinhood is exploding in popularity and its army of small traders is moving markets. Were these two related?…
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+ Business+ DraftKings, Gambling, Investing, NFL, Robinhood, Sports, Stock Market, Stocks, Super Bowl, Tom Brady+
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As someone who makes a living from investing, I have watched the Gamestop/Wallstreetbets events with interest. Today, I decided to venture into the belly of the beast and try to find out what these traders are all about. I noticed two common patterns: 1) Us-vs-them thinking. The individual trader versus…
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+ AMC, Day trader, Gamestop, Investing, Meditation, Mindfulness, Self-improvement, Stock Market, Stocks, Wallstreetbets+
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This morning, my friend Bill* texted me asking if I knew anything about what’s going on with GameStop, whose share price has skyrocketed recently. I may have told him a bit more than he wanted to know! But I thought this text thread might be useful to others too, so…
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Tremendous 