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3 Stocks with GameStop Profit Potential Robert Ross In January, a group of traders bid up GameStop (GME) shares from $20 to $483. It might have gone even higher if brokers didn t scramble to impose trading limits on this beleaguered video game retailer. Meanwhile, the pool of buyers grew in size in just a matter of hours. And they quickly banded together to buy AMC Entertainment (AMC), silver stocks and even some biotechs. This wild action led to broker outages and even a call for the CEO of online brokerage Robinhood to testify before Congress. The Rise of the GameStop Populists Most people buy stocks because they see them as solid businesses with upside for shareholders. ....
Dear Reader, The Cleveland Browns are playing in the postseason for the first time since 2002. But this almost didn t happen because of a COVID-19 outbreak at their training facility. The Browns didn t miss a moment of practice time. Rather than hit the field, players and coaches huddled over Zoom (ZM). And they went on to win their matchup with the Pittsburgh Steelers that made this 17-years-in-the-making victory possible. Even if the Browns don t make it to the Super Bowl on February 7, their MVP moves will go down in history as a sign of these unusual times. The Remote Work Revolution Is Here to Stay ....
Bitcoin celebrated its 11th birthday on January 3. And what a party it s been, with the world s first and most famous cryptocurrency now trading near $40,000. Warren Buffett famously referred to Bitcoin as rat poison squared. The Oracle of Omaha might never own the King of Cryptos. But even he has to admit that it is charting a path higher… one that is as unique as the asset itself. Bitcoin once shot up 1,882% in a little under a year. It went from $998 in January 2017 to $19,783 in December 2017. One year later, it dropped around 83% to $4,935. Now we’re back in a Bitcoin bull market. Since the March 2020 lows, Bitcoin’s price has rallied over 500%. And there are plenty of reasons to believe it s going to go a lot higher. ....
Bitcoin celebrated its 11th birthday on January 3. And what a party it's been, with the world's most famous cryptocurrency now trading near $40,000. ....