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GameStop Frenzy  Rate Topic 
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 Posted: Mon Feb 1st, 2021 06:50 pm
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KGB

 

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Ugh.  Amazon company newsletter, The Washington Compost, published an op-ed this weekend titled, "The good guys in the GameStop story?  It's the hedge funds and short sellers."  Something's not right here.  If I've learned anything from Hollywood and the media's own back-slapping slobber fests, it's that newspapers are staffed by plucky, indefatigable investigative journalists, who speak truth to power and are champions of the working class.  You mean they're actually house organs for cloud people, and fairly drip with disdain for anyone outside their rarified air?  Geez, when did that happen? 

https://www.washingtonpost.com/opinions/2021/01/30/good-guys-gamestop-story-its-hedge-funds-short-sellers/?fbclid=IwAR3Y7JZ6lXjZFwVPvNhFDrDZeo0CZjG2zjewuF2wvT1qR5d2MG6xB02npuc



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 Posted: Mon Feb 1st, 2021 09:06 pm
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tamalie
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There are no good guys in this fight.

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 Posted: Mon Feb 1st, 2021 09:40 pm
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Principal_Raditch



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It lost 30% today, down $100 to $225. Whoever was able to short this on Wed is sitting very nicely now. 

Last edited on Mon Feb 1st, 2021 09:40 pm by Principal_Raditch

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 Posted: Fri Feb 5th, 2021 07:42 pm
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tamalie
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Where is this at now? The peak is over. Have there been any reports yet of people emptying their savings accounts and 401k accounts, buying GameStop at too high a price, holding for too long when the decline set in, and losing everything?

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