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SPACS jungle

So here we are with even the SEC warning against the pitfalls of SPAC-endorsed investments. “It is never a good idea to invest in a SPAC just because someone famous sponsors or invests in it or says it is a good investment. ” –SEC released note: Celebrity Involvement with SPACs – Investor Alert. … Continue ReadingSPACS jungle

GameStop

On Thursday Robinhood has restricted trading in shares of AMC Entertainment, BlackBerry, Bed Bath and Beyond, Express, GameStop, Koss Corp., Naked Brand Group, and Nokia. “In light of recent volatility, we are restricting transactions for certain securities to position closing only, including $AMC, $BB, $BBBY, $EXPR, $GME, $KOSS, $NAKD and $NOK. ” -Robinhood… … Continue ReadingGameStop