Current Events > Anyone know what happened to GameStop?

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skermac
01/27/21 6:56:19 PM
#1:


Ibwas just flipping channels and saw a caption saying GameStop at center of Wall Street tug of war but the news story was over and they moved on to another story and I dont know what waa said, this was on cbs evening news

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Tactical_Spork
01/27/21 6:57:04 PM
#2:


Poor people made rich people scared

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David1988
01/27/21 6:58:10 PM
#3:


Gamestop is turning into a luxury gaming store now

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TomNook20
01/27/21 6:58:29 PM
#4:


AOC led her army of simps to a massive battle against the rich Wall street investors, and literally feasted on their raw flesh. She then burnt their remains as an offering to the celestial being Xenu asking for his blessing when she runs for president in 2024

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harley2280
01/27/21 6:59:09 PM
#6:


People with names like Titty_Lord are causing rich people problems so the rich people are complaining to the Congressman they bought.
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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.

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kage_53
01/27/21 7:00:49 PM
#8:


A bunch of people in Reddit invested so much stock into GameStop that it is now worth 300 something dollars causing Wall Street to lose millions of dollars.

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SauI_Goodman
01/27/21 7:01:41 PM
#9:


Whats gamestop

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sktgamer_13dude
01/27/21 7:02:37 PM
#10:


Hedge fund managers way over shorted the stock and now owe potentially billions because Reddit found out and spread it. They shorted more than the possible amount of stock, thats how much they over shorted it. They also decided to keep trying to short it instead of cashing out when they could.
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AllegraD
01/27/21 7:03:48 PM
#11:


David1988 posted...
Gamestop is turning into a luxury gaming store now
this...LMAO.

The stock has increased from like $40/share to $300/share in a matter of 3 days lmao.

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AllegraD
01/27/21 7:04:48 PM
#12:


TomNook20 posted...
AOC led her army of simps to a massive battle against the rich Wall street investors, and literally feasted on their raw flesh. She then burnt their remains as an offering to the celestial being Xenu asking for his blessing when she runs for president in 2024
What the hell are you even talking about? Gamestop stock has nothing to do with AOC.

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skermac
01/27/21 9:42:38 PM
#13:


Thanks for the info everyone

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