LogFAQs > #949992970

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Topic	Anyone know what happened to GameStop?
s0nicfan 01/27/21 6:59:10 PM #7:	A bunch of hedge funds tried to bury gamestop by shorting the stock in massive quantities. Reddit investors found out and coordinated a massive buy campaign, launching Gamestop stock into the stratosphere. Investors are pissed because they lost billions to a meme, the government is just now realizing that a bunch of randos on the internet have the power to kill hedge fund investing, and people online are making bank jumping on the bandwagon, many of who will end up losing it all when they inevitably ride the wave too hard. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz <cite>s0nicfan posted [p:949992970] in Anyone kno... [t:79263611]...</cite> <quote>A bunch of hedge funds tried to bury gamestop by shorting the stock in massive quantities. Reddit investors found out and coordinated a massive buy campaign, launching Gamestop stock into the stratosphere. Investors are pissed because they lost billions to a meme, the government is just now realizing that a bunch of randos on the internet have the power to kill hedge fund investing, and people online are making bank jumping on the bandwagon, many of who will end up losing it all when they inevitably ride the wave too hard. --- "History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz</quote> ... Copied to Clipboard!
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