'It may not end well': A handful of penny stocks just made up a fifth of U.S. volume

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Hand\u002Dover\u002Dfist buying by retail day traders is sending volume skyward on major exchanges and elsewhere

Hand-over-fist buying by retail day traders, a hallmark of markets for a better part of the past six months, is sending volume skyward both on major exchanges and elsewhere.

“I thought it was pretty odd,” said Saluzzi, co-head of equity trading at Themis Trading. “I’ve been around for a long time, I’ve seen people in chat rooms and retail investors saying ‘we can make some money — it’s easy.’ There’s a risk it may not end well.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sub to WSB and enjoy the loss porn

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines