that hedge funds had bet against and the stratospheric price rises triggered multi-billion dollar losses for a number of big investment houses.
Shares in video-gaming retailer GameStop saw retail investors push the company's share price up as much as a 1000% at one point earlier this week, as casual traders on Reddit forums like r/wallstreetbets forced those hedge funds that had previously sold - or shorted - the stock to buy it back, no matter what the price, or at what loss.
"In football, targeting gets you ejected, while in today's market, some cheer you on," strategists at Jefferies said in a note."Picking on the shorts is nothing new."
Phillip Morris stole the patent for IQOS and are being sued by HCMC. the court date is 26th February. Want to see the corrupt and greedy win again? it’s not about money anymore it’s about fighting a corrupt system that fucked us for too long!
We like the stonk GME 💎🤲🏻
They’re up.
Jefferies is on board too, but they missed TSLA. 🚀🤣👽
👌
nice
What stocks are they I’m not paying for this damn article
there ya go. attack the 99% with their own tools. the SEC should be watching how you use media to manipulate the market...the irony