Some firms targeted by followers of Reddit’s WallStreetBets forum are grappling with business difficultiesUpdated Jan. 31, 2021 5:19 pm ET
In the past few weeks, investors have bid up the share prices of companies such as GameStop Corp. and AMC Entertainment Holdings Inc., asGameStop is trying to survive a yearslong erosion of its business, which has relied for nearly four decades on people visiting its bricks-and-mortar stores to buy the latest videogames and consoles, as well as to trade in and purchase used games and gear.
The company has been stung by mounting competition from retail giants such as Amazon.com Inc. and Walmart Inc., and the advancement of technology that enables people to download games directly from consoles and computers instead of buying hard copies.
One of GameStop’s newest board members, Chewy Inc. co-founder Ryan Cohen, urged the company last year to exit underperforming stores in the U.S. He also called for the company to close nonessential operations in Europe and Australia and use the proceeds to make tech improvements, such as revamping GameStop’s online store.
🖕🏼 WSJ. SUSSS 🗑 GMEtothemoon
Let's short $AMZN to $0
Based on the risky bets placed by the hedge funds, I rate them and their allies a sell... HIGH RISK CitronResearch MelvinCapitalLP RobinhoodApp IBKR Citadel p72vc MarketWatch CNBC jimcramer MadMoneyOnCNBC business Reuters
Question for the WSJ - Who are you working for? SEC_Enforcement please look into media manipulation and who is paying for it. corruptmedia MarketManipulation scam nocredibility violin tissues corrupt
You corporatists are panicking and, honestly, we love to see it.
Go fuck yourself with a hot rake.
Hedge funds = barbarians. Not your average person buying stocks as people do.
When the bubble burst? Hopefully it happen tomorrow,
How to Understand the GameStop Stock Market Scandal
HOLD THE LINE
When will the GameStop! There are bound to be losers in a dangerous world of distorted trading?
The poor deserve a chance to lift from ground; the people have spoken; this will go on not just with one, but many.💎🚀💎
I did my research properly lisaMakT i must confess nobody handled business like you do I'm privileged to work with you, one of the best traders on here.
Pump and dump. Not interested in the pumping but I’ll be there for the dumping.
'You wouldn't short a car, would you?'
Charles J. Folger, also known as prospects for those businesses.
All we ever hear from financial talking heads is that stock prices aren't based on things that have already happened, they are forward looking. UNTIL SOMEONE LOOKS FORWARD AND BREAKS WALL STREET. Video of the guy who made $40m looking forward months ago
Games up hedge bros! We all see you.
Tell me when the last time stock price paired with earnings reports... definitely wasn’t over the summer, not with p/e’s going through the roof.
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Quit trying to scare retail investors to protect your buddies... it's simple we buy and hold then they lose
Tell your buddies not short 140% of a stock, putting thousands of ppl out of work next time and maybe you dont have this issue