It's a way of profiting when the price of an asset - such as gold, oil or a company's shares - falls. It’s perfectly legal and many experts argue it is important to allow markets to determine the “true” price of any asset.
The financial system kept the velociraptors behind the fence but the velociraptors learned how to climb the fence.
Confused about short-selling? Want to understand why the GameStop saga this week has been so significant? Here's everything you need to know
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GameStop share surge sparks concerns; global stock markets slide again – business liveUS regulator ‘monitoring’ dizzying share price rise, as Apple and Facebook beat forecasts and Tesla misses profit estimates How are things with the capitol now? 'concerns' lmfao i bet it did Concerned that the billionaires lost to regular people for a change..
Source: The Guardian - 🏆 84. / 53 Read more »
Alexis Ohanian says GameStop stock market war is ‘seminal moment’ for financeMr Ohanian says the GameStop short squeeze is simply the latest in internet communities disrupting the status quo Oh no not the status quo!!!! How will they be able to afford their 3rd yacht? 🚀🚀🚀🚀🚀🚀
Source: The Independent - 🏆 80. / 59 Read more »
Stock market faces worst week since October as hedge funds face $19bn losses over GameStop share rallyThe market faced its worst week since October, but GameStop’s stock closed 131 per cent higher for the day GOOD! Maybe they should consider budgeting. Or just pull themselves up by the bootstraps. Maybe give up their $5 lattes.
Source: The Independent - 🏆 80. / 59 Read more »
The best GameStop memes after Redditors inflated company’s valueGameStop saga has led to countless memes about the stock market, The Wolf of Wall Street, and Redditors
Source: The Independent - 🏆 80. / 59 Read more »