GameStop short squeeze: how Reddit traders took on Wall Street I FT Film

Financial Times published this video item, entitled “GameStop short squeeze: how Reddit traders took on Wall Street I FT Film” – below is their description.

An army of retail investors gathered on Reddit’s WallStreetBets forum to take on short-selling hedge funds and send shares in video game retailer GameStop, and several other ‘meme stocks’ on a rollercoaster ride. This film explains how the short squeeze unfolded, led by the retail investors on WallStreetBets, with ‘diamond hands’, what it means for hedge funds and short-selling and what happens next. Read more at https://on.ft.com/3cmg6AB

#gamestop #wallstreetbets #reddit

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About This Source - Financial Times

The Financial Times (FT) is an English-language international daily newspaper that has a special emphasis on business and economic news. It is headquartered in London, England, and is owned by Japanese company Nikkei, Inc.. The newspaper was founded in London in 1888 by James Sheridan and Horatio Bottomley.

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In This Story: GameStop

GameStop (NYSE: GME) is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, United States, a suburb of Dallas, and operates 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.

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In This Story: Reddit

Reddit is a social news aggregation, web content rating, and discussion website. Registered members submit content to the site such as links, text posts, and images, which are then voted up or down by other members.

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1 thought on “GameStop short squeeze: how Reddit traders took on Wall Street I FT Film”

  1. Talking in past tense “took on”,this is far from over,WSB became corrupted with corrupt mods,a new sub-editor was formed r/GME where some truly intelligent minds share their great work and investigations uncovering massive ongoing market manipulation.
    Robin hood is a scape goat,yes they did what they did but this is the tip of the iceberg and far worse goes on,if you don’t think there is manipulation in the market then you’re dumb.
    The main stream media is corrupt and biased,market watch even published an article saying GME had plummeted BEFORE it even happened!!! (Think about that).
    This video brushes over what a short sell is ,no one on WSB or more to the point r/GME thinks this is worthy of being “the story”…it’s not and it’s NOT OVER.
    The truth will come out.

    Reply

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