LogFAQs > #949997737

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Topic	Explain the Gamestop situation like I'm ten and barely understand stocks
umax555 01/27/21 9:15:44 PM #8:	LivingLegend posted... Billionaires were gambling that GameStop stock was going to go down. people on Reddit decided to team up and spend all their money buying game stop stock which made it go up This caused the billionaires who gambled on it to go down to lose a fuck ton of money. Thats pretty much it. Lmao. Thanks. <cite>umax555 posted [p:949997737] in Explain th... [t:79263851]...</cite> <quote>LivingLegend posted... </cite> <quote>Billionaires were gambling that GameStop stock was going to go down. people on Reddit decided to team up and spend all their money buying game stop stock which made it go up This caused the billionaires who gambled on it to go down to lose a fuck ton of money. Thats pretty much it.</quote> Lmao. Thanks. </quote> ... Copied to Clipboard!
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