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The Ars article is woefully deficient in not even mentioning r/wallstreetbets.
by x3n0ph3n3 6y ago
The Ars article is woefully deficient in not even mentioning r/wallstreetbets.
- gamegoblin 6y agoAnother missing piece of information is that Michael Burry, famous for being the first one to short the housing market before the crash, also took a long position on GME relatively early. The announcement of his long position single-handedly caused the price to raise a non-trivial amount. IIRC his firm currently owns around 4% of GameStop.