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Because memes, unlike gains, are forever. As members of the r/wallstreetbets subreddit continued their ongoing battle with short selling hedge funds Wednesday, driving the price of GameStop (and ...
r/wallstreetbets, also known as WallStreetBets or WSB, is a subreddit where participants discuss stock and option trading. It has become notable for its colorful and profane jargon, aggressive trading strategies, and for playing a major role in the GameStop short squeeze that caused losses for some US firms and short sellers in a few days in early 2021.
Keith Gill. Keith Patrick Gill [1] (born 1986) is an American financial marketer and educator [2] and individual investor known for his posts on the subreddit r/wallstreetbets and the subreddit r/SuperStonk. [3] [4] His analyses of GameStop stock ( NYSE : GME) and details of his resulting investment gains—posted on Reddit under the username ...
In January 2021, a short squeeze of the stock of the American video game retailer GameStop and other securities took place, causing major financial consequences for certain hedge funds and large losses for short sellers. Approximately 140 percent of GameStop's public float had been sold short, and the rush to buy shares to cover those positions ...
See here: For the first four months of the year, GameStop short-sellers — investors who bet on a stock’s decline — were sitting on $392 million in gains, up nearly 50%. But with this week ...
June 3, 2024 at 4:05 PM. Shares of GameStop climbed 21% on Monday as the renewed frenzy around meme stocks shows little sign of abating. The video game retailer’s stock soared hours after a ...
March 3, 2022. ( March 3, 2022) Gaming Wall St is a documentary television miniseries directed by Tobias Deml and narrated by Kieran Culkin. [1] [2] The two-episode series was released on March 3, 2022 on HBO Max. It explores the causes that lead to the 2021 GameStop short squeeze, and the dark underbelly of Wall Street that the phenomenon ...
Short interests, or bets on a stock's decline, have stayed mostly flat for both GameStop and AMC this week, analytics firm Ortex Technologies said. Short sellers took unrealized losses worth $1.14 ...