Essentially what happened was there were a number of hedge funds and other investors who were shorting GameStop pretty heavily, meaning that they were betting that GameStop would lose money, and some other investors executed what is called a “short squeeze.” There’s a lot going on here, ...
Unless you’ve been completely cut off from the outside world, there’s a good chance you’ve heard the wordGameStopcirculating around social media and in news headlines over the last couple of months. And along with GameStop, it’s also likely that the words and phrasesReddit,WallStreetBe...
The GameStop stock trading episode that began in January 2021 has been unprecedented in some ways, especially in the ability of market participants to organize collective action openly yet anonymously. In other ways, however, it's been an unsurprising repetition of past experience. Contrary to ...
The problem with short selling is that since shares are borrowed, there can be a rare situation where more than 100% of the outstanding sharefloat is sold short. This is exactly what happened with GameStop’s stock. In January of 2021,nearly 140% of GameStop’s shares had been sold shor...
If you, like many investors, saw what happened withGameStop(NYSE: GME), you likely have this question. After all, it’s not a strategy often used by the common investor. Here, we’ll answer your question. But before we talk about short squeezes, there’s something you need to understa...
Feeling pretty clever for how you rode the GameStop train? You should. But don’t assume you can do it again. Your bet — because face it, it was kind of a bet — could just have easily not paid off. Only in hindsight could anyone have predicted what happened...
Something happened today. It wasn’t earth-shattering. But it did help me understand more of the current conversation around having disabilities “erased” by the media and society. I was in a public location. I found the two-stall restroom…one for disabled individuals, one for non-disabled...
The same thing happened with the Wii Shop when Nintendo stopped making the console. There is no guarantee that the digital games you buy today will be available years from now. Keep in mind that digital games are often almost as expensive as physical games. ...
For ex, today I bought The Crew 2 for one 1€ on steam because... well, its 1€. And ubisoft promised to deliever an offline mode for it and Motorfest contrary to what happened with The Crew 1 8 months agoWitIsWisdom Follow 10551 Forum Posts 0 Wiki Points 0 Followers ...
GameStop Mania Have you heard about what’s recently happened on Wall Street? At least for a week, the power shifted. Reports byThe Wall Street Journal,The Washington Post,andUSA Todayall confirm a large number of Millennial and Generation Z internet-fueled amateurs began gathering on pla...