Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,716.09
(
0.25%
)
US TECH 100
24,144.00
(
0.54%
)
Dow Jones
46,993.26
(
0.10%
)
Brent Oil
100.64
(
2.38%
)
Bitcoin
74,818.03
(
-0.03%
)
News Focus
News Focus
Post# of 26933
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

Prudent Capitalist

Send PM Follow Ignore
Followers 142
Posts 19974
Boards Moderated 11
Alias Born 05/28/2009

Prudent Capitalist

Re: None

Wednesday, 06/26/2024 11:48:02 AM

Wednesday, June 26, 2024 11:48:02 AM

Post# of 26933
Trading GameStop stock is like gambling, warns trader with more than 40 years of experience

"It's irresponsible for the newcomer into the market to think that this [GameStop trading activity] is anything else except gambling," veteran NYSE floor trader Peter Tuchman said on Yahoo Finance’s Opening Bid podcast (see video above or listen here).


"So many young traders who come to me ... are still long GameStop at $480 from the first [meme stock] debacle, and now they're going back to the well again to get themselves in trouble," Tuchman added.


https://finance.yahoo.com/news/trading-gamestop-stock-is-like-gambling-warns-trader-with-more-than-40-years-of-experience-203731586.html?_fsig=ES7CXcx_fFV5g9xRVDbmxw--%7EA
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent GME News
More GME News
InvestorsHub NewsWire

ECGI Advances Mortgage Tokenization Pilot as Institutional Market Rails Continue to Develop • ECGI • Mar 17, 2026 8:30 AM

Record Gold Prices Reshape Economics of New Mine Development • SNWGF • Mar 16, 2026 10:46 AM

Cannabix Technologies Announces Commercial Launch of Marijuana Breath Test (MBT) • BLOZF • Mar 16, 2026 8:37 AM

Exxe Group Advances Platform Strategy and Share Structure Reduction Following Strategic Meetings • AXXA • Mar 11, 2026 1:03 PM

DRCR Pushes Forward With Implementation of 2026 Business Plan • DRCR • Mar 11, 2026 12:26 PM

Record Gold Prices Reshape Opportunities for Emerging Producers • LFLR • Mar 11, 2026 9:00 AM

Start posting your company's news
Only $200 per official company press release!