The Law Of Twos And Threes: Tilson said the recent trading action in GameStop, AMC, Koss, and other stocks reminds him of a rule of thumb a mentor once called “law of twos and threes.
“What this means, he explained, is that every stock, on its way to zero, doubles three times and triples twice!” Tilson said.
Next question Please?
Yes, how do we know which stock is on it’s way to ZERO?
Top two paragraphs above excerpts from Yahoo story. Read it.