Money with Mickey 1/28/2021
GameStop has made some investors rich while ruining others, in just one week. We have a new word in our vocabulary - ‘short squeeze’.
Mickey Cargile from Cargile Investments joined Wake Up West Texas to explain what happened.
Below are the questions that Mickey answered regarding this topic:
Q1: Mickey what is a short squeeze?
Q2: Is it normal for a stock in a short squeeze to increase tenfold?
Q3: The action in GameStop has the attention of the media and regulators. What can be done to stop this type of speculation?
Q4: Is there anyway local investors can get in on this gold-rush?
Mickey Cargile joins Wake Up West Texas every Thursday at 6:45 a.m.
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