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Topic	Explain the Gamestop situation like I'm ten and barely understand stocks
s0nicfan 01/27/21 9:19:48 PM #12:	https://www.bbc.com/news/business-55817918 Key to what's going on is "shorting", where, say, a hedge fund borrows shares in a company from other investors in the belief that the price of stock is going to fall. The hedge fund sells the shares on the markets at, for example, $10 each, waits until they fall to $5, and buys them back. The borrowed shares are returned to the original owner, and the hedge fund pockets a profit. That's the somewhat simplistic theory, anyway. --- "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:949997873] in Explain th... [t:79263851]...</cite> <quote>https://www.bbc.com/news/business-55817918 <quote>Key to what's going on is "shorting", where, say, a hedge fund borrows shares in a company from other investors in the belief that the price of stock is going to fall. The hedge fund sells the shares on the markets at, for example, $10 each, waits until they fall to $5, and buys them back. The borrowed shares are returned to the original owner, and the hedge fund pockets a profit. That's the somewhat simplistic theory, anyway. </quote> --- "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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