GameStop Stock Fiasco Explained

Inside Gaming published this video item, entitled “GameStop Stock Fiasco Explained” – below is their description.

You might have heard by now some rumblings about GameStop, Reddit, and stock prices. Well, if you are still working on trying to figure it all out, we have got you covered.

Today we are explaining how the subreddit community Wallstreetbets outsmarted Wall Street, tanked billion-dollar hedge funds, and made a ton of money while doing it.

Grab your stock options and your popcorn cause this one is a lot of fun.

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SOURCES

[Vice] – How chaotic Redditors made GameStop Stock Skyrocket

https://www.vice.com/en/article/qjpx8w/how-chaotic-redditors-made-gamestop-stock-skyrocket-and-made-short-sellers-cry

[NH Register] – Small investors face down hedge funds

https://www.nhregister.com/business/article/Smaller-investors-face-down-hedge-funds-as-15896726.php

[Business Insider] – Hedge funds loose $5 Billion

https://markets.businessinsider.com/news/stocks/gamestop-short-sellers-squeezed-losses-reddit-traders-army-cohen-palihapitiya-2021-1-1030006226

[Bloomberg] – SEC reviewing reddit

https://www.bloomberg.com/opinion/articles/2021-01-26/will-wallstreetbets-face-sec-scrutiny-after-gamestop-rally

[AFR] – The “democratization” of wall street

https://www.afr.com/markets/equity-markets/reddit-traders-wage-battle-against-wall-street-20210127-p56x38

[Motherboard] – Robinhood stops users from trading

https://www.vice.com/en/article/m7ak7y/robinhood-stops-users-from-trading-gamestop-stocks-other-reddit-yolo-picks

Slasher on SEC reviewing reddit

https://twitter.com/Slasher/status/1354542275607592971?s=20

[Twitter] – AOC tweet about Wall Street gambling

https://twitter.com/AOC/status/1354536220110577664?s=20

[Twitter] – Meme – Me and the boys looking for roving hedge fund managers

https://twitter.com/JordanUhl/status/1354477469005443075?s=20

[Twitter] – Terminator Meme

https://twitter.com/mobilesinper/status/1354549561339965440?s=20

[Twitter] – Shaan Puri Twitter breakdown of Wallstreetbets

https://twitter.com/ShaanVP/status/1353951035224694785

[Twitter] – Elon Musk GameStonks

https://twitter.com/elonmusk/status/1354174279894642703

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