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Topic | Explain the Gamestop situation like I'm ten and barely understand stocks |
KiwiTerraRizing 01/27/21 9:16:14 PM #9: | Hedgefund bet that GME would go bankrupt and bet so much it equaled more stock than exists. WSB figured this out and began buying it, forcing the fund to buy the actual stock to keep from losing the entire bet this in turn drive the price up even more and here we are. --- Trucking Legend Don Schneider! ... Copied to Clipboard! |
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