Bunch of people on reddit wallstreetbets saw that some hedgefunds had shortsold a shit ton of GameStop, expecting it to crash. That pissed them off.
So they got on a bandwagon and bought a shit ton of the short sold stock. Which overinflated the value. That sub has 2.5 million subscribers.
Anyway, there are people on there who are dumping cash back into it. Free market supply and demand. There was a supply, people were demanding it, and the stock values went up.
So, is there a way to do this to an evil company? No. Buy enough shares to get yourself a seat on the board.
As for learning how to trade, go back to reddit. Don't sign up. Just read wallstreetbets. Get into day trading if you want. I did (as of yesterday). My $25 that I put into gamestop bought me 1/10 of a share. it's worth $50. Paid more than the lottery. Robinhood is a good place to start too. It's an app for microtransactions of stocks.
In another life I was a financial planner, so, I kinda have an understanding of some of this.
Bunch of people on reddit wallstreetbets saw that some hedgefunds had shortsold a shit ton of GameStop, expecting it to crash. That pissed them off. So they got on a bandwagon and bought a shit ton of the short sold stock. Which overinflated the value. That sub has 2.5 million subscribers. Anyway, there are people on there who are dumping cash back into it. Free market supply and demand. There was a supply, people were demanding it, and the stock values went up. So, is there a way to do this to an evil company? No. Buy enough shares to get yourself a seat on the board. As for learning how to trade, go back to reddit. Don't sign up. Just read wallstreetbets. Get into day trading if you want. I did (as of yesterday). My $25 that I put into gamestop bought me 1/10 of a share. it's worth $50. Paid more than the lottery. Robinhood is a good place to start too. It's an app for microtransactions of stocks.
In another life I was a financial planner, so, I kinda have an understanding of some of this.