GameStop: 'Wolf of Wall Street' warns small investors to 'be careful' - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Jordan Belfort, the 'Wolf of Wall Street', hails small investors buying shares in GameStop but warns 'be careful'

As a result, hedge funds and other Wall Streeters that shorted the retailer have"It's shocking, really amazing, and gratifying to see a little bit of the pain going on the side of the hedge funds," Jordan Belfort told."The hedge funds have been beating up little investors since the beginning of time pretty much."

But the stockbroker, who was jailed for 22 months for fraud and stock-market manipulation, is also urging small investors to tread carefully. "The danger is that Wall Street and hedge funds especially are experts at identifying what we call 'inefficiencies in the market,'" Belfort went on. In his interview with Sky News, Belfort recognized the potentially lucrative appeal for small investors choosing to buy shares in GameStop.

 

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

For HF and Brokers to carry out what they did on Thursday & Friday risking going to prison. Brokers limiting stocks. They restrict the valuable assets. $50,000 PT 👐💎 $GME 🚀🚀🚀

The $silver short squeeze is the best way to really bring power back to the people. silver is the most manipulated commodity in the world and it’s the big banks that are profiting from shorting it. This is the next move! $AG $ASM $SLV silversqueeze

He’s the last bloke anyone should take advice from!

is this still worth buying, any others out there also what is the opinion on bit coin.

$hcmc is the next $gme

Trillion Dollar total market cap now breached !!

nice

I remember he’s opinion about Bitcoin Fuck you!

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:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines