So as this is mostly British site but a little recap. Game stop is a bricks and mortar video game shop similar to Game in the UK. Obviously retailers have been suffering through covid. However a couple of guys bought them large share stake in September with hopes of saving them and turning their business around. Since then they have increased digital sales by 300%. Wall street however took a large short selling position on most of the shares in the company. (They make profit when the share price falls and massive losses when the share prices rises) expecting them to go bankrupt.
However long story short a post on reddit gave linked below gave reasons why people should go long and invest in the company and the whole thing kind of escalated into a battle between retail investors/gamers and short sellers
cut a long story short the share price is up 400% in January and retail investors have been making a killing while shorts have been making massive losses ( The terminology is a short squeeze)
https://www.reddit.com/r/wallstreetb...nuary_26_2020/


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they get bailed out, but if their short selling caused gamestop to collapse then you know no one would bail gamestop out.

