anyone following Reddit v hedge fund short sellers?
I'm sure id explain it poorly but basically, a bunch of Redditors are driving the price of Game Stop stock up to screw over a huge short sell..and people are making huge money off it, and many say it's just the beginning.
Anyone participating? I'm interested to follow them to their next target.
https://marker.medium.com/gamestop-p...e-b3f39163a77f
Re: anyone following Reddit v hedge fund short sellers?
I have followed it a little, and I'm somewhat guilty at enjoying seeing someone other than the billionaire hedge funders manipulating the market.
It appears that some of the selling short big boys lost a considerable amount on their bet that Game Stop would fail.
Sorry, no tears here. :)
Re: anyone following Reddit v hedge fund short sellers?
Quote:
Originally Posted by
Ron Shurtz
I have followed it a little, and I'm somewhat guilty at enjoying seeing someone other than the billionaire hedge funders manipulating the market.
It appears that some of the selling short big boys lost a considerable amount on their bet that Game Stop would fail.
Sorry, no tears here. :)
agreed no tears. i even downloaded the Robinhood app and bought a little.
Re: anyone following Reddit v hedge fund short sellers?
Quote:
Originally Posted by
MindCrime
agreed no tears. i even downloaded the Robinhood app and bought a little.
well i think im done with the robinhood app already. theyre locking out trades on certain stocks. so much for that name "robinhood"
Re: anyone following Reddit v hedge fund short sellers?
I watched it very closely. While the money flooded towards meme stonks, some great stocks dropped. I bought the dip on great stocks while everyone was worried about the hype.