Easy Come Easy Go

Bed Bath and Beyond has been the story of the week, rising over 400% squeezing short sellers. This was short lived as Ryan Cohen sold his entire stake in the company recent filings show.

BBBY traded as high as $30 on Wednesday, but retail traders were left holding the bag as the stock plummeted back to earth. Ryan Cohen held a roughly 10% stake in the company along with several options.

The promising stake in the company brought retail traders to buy up the stock several hundred percent in a week. Other Meme stocks like GameStop also showed a positive reaction to the BBBY jump, but also followed it on the way down.

Both of these stocks are highly shorted and extremely volatile. Many traders buying in the past few days are already underwater 50%. Plenty are upset that Cohen, and insider, was able to sell all the way up to unsuspecting investors.

Should there be more regulations and oversight on big-time traders making massive swing trades? Is Ryan Cohen in the wrong or was this just a good stock play?