The first true meme stock was GameStop, which went wild in early 2021, delivering brutal losses to short sellers, and a fortune to a handful of independent retail investors who participated in the squeeze. The episode shined a bright light on the WallStreetBets subreddit and the power of social media in disseminating trade ideas. One investor who did well was Rod Alzmann, who had been long GameStop for years as a value/turnaround play. On this episode of the podcast, we speak with Rod, the founder of Wook Capital and the proprietor GMEdd.com. We discuss where the company is now and what happened to the cohort of traders who scored big during that episode. See omnystudio.com/listener for privacy information.
No persons identified in this episode.
No transcription available yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster