New day traders quickly come up against the limits of the Pattern Day Trader (PDT) rule. Let’s look into what the rule says and different ways you can work around it, such as switching from a margin account to a cash account.
Shares of GameStop, Inc. (GME) have recently exploded due to an epic short squeeze fueled in part by social media. While analysts have long predicted the demise of the failing video game retailer, traders have piled into the stock to help continue the rally. Let’s go through GME’s financial filings and calculate the stock float ourselves.
The stock of Palantir Technologies Inc. (PLTR) has gone on quite a run since the stock’s debut on the NYSE at the end of September 2020. A spate of lucrative government contracts has helped propel the stock to new heights. We’ll go through PLTR’s most recent 10-Q to examine how its shares are structured.