Tag Archives: the San Antonio Express-News

10-year-old who used Kwanzaa money to invest in GameStop makes thousands

Wall Street: Short selling and short squeezes explained In most cases, profits are made in the stock market as the price of a share rises. But short sellers can make money as value drops and lose money as it rises. LOS ANGELES – A 10-year-old San Antonio boy made a killing by selling GameStop stock […]

A 10-Year-Old GameStop Investor Cashed In. His Return? Over 5,000% – The New York Times

“All of a sudden, I heard ‘ding, ding, ding, ding, ding,’” Ms. Carr, 31, referring to the stock alerts, said in an interview on Friday. “I grabbed my phone, and I was looking at it, and it said $351. I was shocked: ‘I bought this thing at $6,’ I thought, ‘there’s no way this can […]

Texas fifth-grader cashes in the GameStop shares his mom gave him for Kwanzaa — for almost $3,200 – MarketWatch

His GameStop shares had been a Kwanzaa gift from is mom, and he’d held on to them since he was 8 years old. But when the time was right to sell them, he knew it. He’s 10. San Antonio fifth-grader Jaydyn Carr received 10 GameStop shares GME, -44.29%  as a Kwanzaa gift two years ago. […]