We’ve seen some extraordinary moves in the stock market recently — especially in stocks like GameStop, Nokia and AMC… And it’s all because of a subreddit called r/WallStreetBets.
But these moves seem to have forced Robinhood’s hand to “protect ” hedge funders from even more financial ruin from the GME phenomenon: Robinhood has made trading in several of the most shorted companies extremely limited, restricting users to a certain amount of shares.
While we generally like to stay out of the line of fire, we just found a penny stock that could boom on a short squeeze. And it can be traded in your Robinhood account — if you still have one.
While this stock won’t be the next GameStop, the financial market’s current high volatility could be the exact thing to boost this penny stock right where we want it.
P.S. Listen up.
If you’re tired of working around the clock trying to beat the market, you’re going to want to watch Joy of the Trade Head Trader Jeff Zananiri’s presentation.
Jeff reveals a way to make consistent profits at the start of every month with his “sit it and forget it” trades — each of which takes just a few minutes to execute.
This monthly market strategy has already given Jeff’s readers the chance to bank 20%, 40% and even 100% winners in just a few weeks.