NBC’s MacKenzie Sigalos explains how a video game retailer has become the central game piece in a financial power struggle between a major hedge fund and a group of amateur stock traders.
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Why Wall Street Can’t Stop Talking About GameStop | NBC News NOW

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23 thoughts on “Why Wall Street Can’t Stop Talking About GameStop | NBC News NOW”
  1. It's not about HF losing money, It's about Gamestop. and Shorting with Melvin capital is nt just betting the stock is gonna go down, they make bad publicity for GME and push the price down Artificially with Short laddering. They made a bad bet and they try to get out of it or change the rules to win. HF are litterally the kid that never admit he lost at the game and changes the rules to win… But It's the Fault of Retail investor for sure… And they wonder why no one believe what the big media says… Reddit and Discord user are Transparent to the Hedge Funds but HF are not Transparent in their actions. Who is the real Cheater here? Who really manipulate the market in it's favor? 1 big companie with hundreds of employee or people who give their opinion openly to others and show their research on what their opinion is based of?

  2. Of cause they can’t stop talking. The little guy kicked the big rich boys in the butt. And because they cried and try to prevent it they exposed how Wall Street is a rig game.

  3. Poor people=😂😂😂😂😂😂😂

  4. In simple terms: You “borrow” stock from the 401K idiots who are told they have GameStop in their portfolio. The traders sell a bunch of that "borrowed" GameStop at once and create a panic rally downward, prices dropping. Then, buy the same stock ( more than they sold) at lower price or at below book value and the re-buying stabilizes and reverses the drop. Stock overshoots going up. You sell again. Then, return the borrowed stock to the portfolio. And tell the idiots, your stock value was constant. But they pocket the gains. If they actually lose money. They tell you, your GameStop stock dropped naturally . We didn’t sell or buy, you had bad luck. But the kids were buying just before the crooks could re-buy at low prices. And It wildly overshot so quickly that they missed the window and had to re-buy at a very high price at a loss (the predators sold imaginary GameStop stock as well, a lie) to account for the BORROWED stock from the idiots (401k holders). This re-buying a very high prices stabilized the stock at a high level. So it did not drop back to the initial value of $2.5. The end, fin, kaput. Poetic justice. If the kids sell, the stock drops again…And they make the money lost by the hedge fund. First law comes back to bite your derriere. Only the P/E should guide you, but greed overrides common sense (Next is bitcoin)

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