3 ms·
Is there a resource I can read or a video I can watch that can give an overview of what's going on here? I keep seeing articles about WSB, Gamestop and the mark
by foofoo4u 6y ago
Is there a resource I can read or a video I can watch that can give an overview of what's going on here? I keep seeing articles about WSB, Gamestop and the market. But I don't quite understand what is going on and why.
- luxuryballs 6y agoTLDR the crumbs noticed some major shorts put in by big hedge fund so they started buying up the stock to drive up the value causing the hedge fund to risk losing multiple billions of dollars on the short, it went viral and here we are. Don’t quote me on this but I think the shorts “activate” on Friday.
- cesarb 6y agoThe best resource is Matt Levine's newsletter (https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthe...). The third most recent one (https://www.bloomberg.com/opinion/articles/2021-01-25/the-game-never-stops https://www.bloomberg.com/opinion/articles/2021-01-25/the-ga...) is a good starting point.