In an attempt to grab a share of newly minted investors, companies world-wide are declaring bankruptcy and selling off all their assets.

“When a company sells assets that means they’re about to receive cash for those assets. When that cash comes rolling in, I’ll own the stock so it’ll go right into my pocket” Robinhood investor Alec Morales informed us.

He continued, “I usually put my money into growth assets like cryptocurrency and online sports gambling, but when a company is insolvent and the board is under indictment, that’s a smart money play and I go all in.”

The bankruptcies have led to a buying frenzy with many companies doubling or even tripling in value.