The Brehs of Wall Street (Offical Stock Market Thread)

Numpsay

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Hedge funds were trying to short sell GameStop and AMC.(Meaning borrow stocks from a broker in hopes the company crashes in price. Then they would buy the stock at the low price, and return the borrowed stocks with profit.)

Reddit day traders rebelled and bought stock in mass skyrocketing the share price causing the hedge funds to lose billions.

It’s not very wise to invest in it, simply because this isn’t really organic growth.

If you caught it while the share price was low good, I just don’t see this trend continuing.


Pretty much this brehs. Boys in here beating they chest like they knew these stocks would be manipulated. These businesses aren't recovering yet. Be safe out there.
 

2stainz

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I figured it was gonna jump back up but I goofed on taking my time to buy :francis:
 

Da Jungles

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Hedge funds were trying to short sell GameStop and AMC.(Meaning borrow stocks from a broker in hopes the company crashes in price. Then they would buy the stock at the low price, and return the borrowed stocks with profit.)

Reddit day traders rebelled and bought stock in mass skyrocketing the share price causing the hedge funds to lose billions.
*That slow burn*
(The hedges lose money through interest that they owe for borrowing from the broker and they can’t sell with elevated prices without take a massive hit.)


It’s not very wise to invest in it, simply because this isn’t really organic growth.

If you caught it while the share price was low good, I just don’t see this trend continuing.


Thank you!

This has nothing to do with people wanting to go to the movies again. Or because the country is eventually going to open back up :laff:
 
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