2660 Panic on wall street (media.patriots.win) posted 78 days ago by andrewjackson45 78 days ago by andrewjackson45 +2661 / -1 284 comments share 284 comments share save hide report block hide child comments Comments (284) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 3 ▼ – mrxforsenate19909902 3 points 78 days ago +3 / -0 What am I missing here? permalink save report block reply ▲ 6 ▼ – HeavyVetting 6 points 78 days ago +6 / -0 Big hedge funds were betting that Game Stop stock would go down so a bunch of people started buying and caused it to blow up instead. permalink parent save report block reply ▲ 4 ▼ – mrxforsenate19909902 4 points 77 days ago +4 / -0 Even funnier the guy tried to short GameStop to buy it at a cheaper rate and a bunch of fucking neck beards inflated cost of the stock. So he's stuck with the final cost since he borrowed those shares as a gurantee he'll pay for them. Funny as hell. permalink parent save report block reply
What am I missing here?
Big hedge funds were betting that Game Stop stock would go down so a bunch of people started buying and caused it to blow up instead.
Even funnier the guy tried to short GameStop to buy it at a cheaper rate and a bunch of fucking neck beards inflated cost of the stock. So he's stuck with the final cost since he borrowed those shares as a gurantee he'll pay for them. Funny as hell.