Those retail investors are going to lose their shirts when this bubble pops.This is an opinion column. The thoughts expressed are those of the author.There is this bizarre narrative that the Reddit-driven GameStop stock bubble amounts to a way for ordinary investors to "stick it to the man" by causing some hedge funds to lose money. That those funds have been taught a lesson for selling short. Like GameStop's current share price, this narrative doesn't make any sense.
and would successfully shift to online game sales and start making money again. Whatever the merits of that theory when the markets valued GameStop at less than $1 billion, it's out the window at a market cap of $23 billion. Even with a turnaround and rosy expectations of future profits from the GameStop business, the valuation of the company at this point is not justified by actual business fundamentals.
If GameStop is overvalued by $20 billion right now, that's $20 billion of losses waiting to accrue, largely to ordinary investors who got caught up in a fad. And while some of the more online traders
jbarro You’re article is terrible and you don’t seem biased at all. downwithsuits wallstreetbets wsbmod
jbarro Yeah sounds like there playing mind games. Next the elites will blame wallstreetbets for the coming global financial reset
jbarro
jbarro True, it's not funny, it's brilliant and awesome! Time to eat some 💩💩💩 dude
jbarro COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE COPE
jbarro It's extremely funny seeing billionaire hedgefunds eat shit.
jbarro Sorry, we're gonna have to go with funny on this one
jbarro It's beautiful!
jbarro
jbarro If it worth promotion is worth protection. I can assist you to file your trademark with the USPTO. Kindly check my page on fiverr, visit
jbarro
jbarro hoes mad
jbarro 39 likes. Now that’s funny.
jbarro Ye, it is stupid, stupidly funny lmao
jbarro It’s not funny it’s hilarious
jbarro this represents all i need to know about jbarro
jbarro Another suit opining for the privileged class
jbarro Its funny cause now the rich gonna get what they deserve Considering business insider locks articles behind paywalls looks they don't have much time left
jbarro Normal working-class people team up to take on big hedge funds who historically can control entire markets in tandem with each other; working class is winning for once, and the establishment gets butt hurt and calls foul. You’re a pathetic tool
jbarro Seriously, how much are the hedge fund managers paying you to write this drivel?
jbarro Not when Steve Cohen is nursing large losses.
jbarro You’re right it’s not funny, it’s downright fucking hilarious
jbarro Ok boomer
jbarro
jbarro No it’s funny, I sure laughed
jbarro Lmao what type of estrogen stick would write a hit piece of everyday Americans making money? jbarro part of crooked establishment.
jbarro This article is a gross representation with everything wrong with the market. GME was shorted 130 FUCKING PERCENT. These shorts took a high risk, and some how got away with shorting over 100% of the float. They took a risk, and they lost. It's that simple.
jbarro i find it v entertaining - i am uninvolved
jbarro wallstreetbets discord and reddit just got taken down
jbarro Ah ah screw you
jbarro Thankfully there is a paywall to this article , I almost wasted my time 😂😂. It’s called a short squeeze buddy , hedge funds have been doing it for 50++ years
jbarro Nah it’s funny
jbarro It’s stupid for anybody not making money sure 😂
jbarro Why was Trump banned?
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Source: BusinessInsider - 🏆 729. / 51 Read more »
Inside the meteoric rise of Jon Gray at private-equity giant Blackstone - Business InsiderJon Gray is the future of Blackstone. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image. horrible Check out this, gonna be the next dogecoin
Source: BusinessInsider - 🏆 729. / 51 Read more »
How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »