'Not going to miss out on that': Houston investors cash in o

'Not going to miss out on that': Houston investors cash in on GameStop stock


'Not going to miss out on that': Houston investors cash in on GameStop stock
By Marcy de Luna, Staff writer
Saif Maknojia, the owner of a Houston rooftop company, bought 100 shares of the videogame retailer GameStop Tuesday. He sold it Friday and tripled his money.
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His investment strategy, however, had nothing to do with profit, loss or sales. It was all about putting it to the man.
“For a while now, big hedge funds and banks have been shorting companies that are going under,” said Maknojia, 24, owner of Origin Roofing & Metal. “Profiting off of people’s losses, especially during the pandemic, it is upsetting when you see these companies going out of business. You want to get back at them.”

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