3 ms·
On the most basic level we don't actually know who is buying and selling Gamestop stock. The narrative that the little people have taken down the elites may in
by Gatsky 6y ago
On the most basic level we don't actually know who is buying and selling Gamestop stock. The narrative that the little people have taken down the elites may in fact be mostly false. Matt Levine talks about this in his latest column [1]. The restrictions imposed by RH didn't necessarily stop the buying.
[1] https://www.bloomberg.com/opinion/articles/2021-01-29/reddit-traders-on-robinhood-are-on-both-sides-of-gamestop https://www.bloomberg.com/opinion/articles/2021-01-29/reddit...