Jordan Belfort (Wolf of Wall Street) on Pump & Dump Schemes, GameStop & Penny Stocks (Part 3)

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Part 2: https://youtu.be/ehJFopqcjLQ
Part 1: https://youtu.be/V0ofRUFPeAw
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In this clip, Jordan Belfort addressed trading penny stocks, and he confirmed knowing the owner of a deli that has a billion dollar valuation. Jordan explained that the penny stock explanation in the “Wolf of Wall Street,” based on his life, was misleading. He went on to clarify that all of the companies he traded penny stock were legitimate. Moving on, Jordan explained the GameStop short squeeze situation during the pandemic, which you can hear more about above.

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