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This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Investor Carson Block says he s had to trade more frequently to fight the risk of short squeezes. Block says more investors are making trading decisions based on technical, not fundamental, factors. He says that means he has to be willing to take losses and try again. Short-sellers faced a new reality the last few weeks as retail squeezes became a threat they could no longer ignore. A saying sometimes attributed to the famous economist John Maynard Keynes warns investors, Markets can remain irrational longer than you can remain solvent. If big investors needed a reminder of that idea, they got one in the past few weeks as hedge funds were squeezed out of short positions in the likes of GameStop. ....
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. RBC just updated its list of the most highly recommended small-cap stocks for the first quarter. Small-company stocks have been on an enormous rally that included their best month ever in November. Some experts say they still have a long way to go to catch up to the relative prices of large caps. The smallest companies on Wall Street have had a remarkable run over the past few months, and they still have a long way to go to catch up with the stock market s giants. ....
» A Poshmark seller nabbed over $12,000 by buying stock in the company s successful IPO. Here s how she did it. A Poshmark seller nabbed over $12,000 by buying stock in the company s successful IPO. Here s how she did it. Candy ChengJan 18, 2021, 02:22 IST Tiffany Wood, Poshmark sellerTiffany Wood Poshmark seller Tiffany Wood now has a $12,000 nest egg because she bought stock in the company s initial public offering. Poshmark reserved 330,000 shares in the IPO for super users, according to the S1 filing. In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO. Tiffany Wood, 30, has been a Poshmark seller since December, 2015, spending an average of about 30 minutes a day on the site. ....
Tiffany Wood Poshmark seller Tiffany Wood now has a $12,000 nest egg because she bought stock in the company s initial public offering. Poshmark reserved 330,000 shares in the IPO for super users, according to the S1 filing. In a leaked email to Insider, Wood shared details of how Poshmark allowed her to buy into the IPO. Tiffany Wood, 30, has been a Poshmark seller since December, 2015, spending an average of about 30 minutes a day on the site. Thanks to Thursday s spectacular IPO, Wood and her husband are among the Poshmark users making money from the stock, too. Wood told Insider she purchased 149 shares at $42 a share, the initial share price. Poshmark opened at $96.50 Thursday, meaning her stock was up an exciting $14,378 on the first day. She didn t sell immediately and by market s close on Friday, shares were trading at $83.20. Her stake is still worth $12,397 with a healthy profit of $6,139. And she s thrilled. ....
RBC shared its predictions on which digital health stocks to buy and predictions for the telemedicine and healthcare information technology industry. ....