Over the past few weeks, daily headlines focused on GameStop stock (GME) as the struggling video game reseller became the talk of Wall Street.
The Allegiant Private Advisors team has provided an overview of the GameStop saga with an easy-to-understand explanation about how overleveraged hedge funds were squeezed by a new breed of online traders. These recent events demonstrate the importance of diversification. When investing in the shares of smaller/less liquid companies, Allegiant's Investment Team insists on diversification. The impact of a GameStop on our clients' portfolios is minimized by utilizing funds that spread risk across thousands of small companies. Allegiant client portfolios are carefully managed by an experienced team of investment advisors and portfolio managers who focus on this diversification of assets and investments.
Click here to read our new Research Brief: GameStop Questions Answered
240 South Pineapple Avenue, Suite 200
Sarasota, Florida 34236
Telephone (941) 365-3745
Toll Free (800) 926-5237
Advisory Services offered through Allegiant Private Advisors, LLC, a Registered Investment Adviser