GameStop's dizzying share price rise means it's game over for the short-sellers | Nils Pratley

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The retailer has gone from $19 to $33o thanks in part to amateurs taking on the hedge funds

A GameStop store in Des Plaines, Illinois. Nothing has happened in the real world to justify the breathtaking rise in its share price.A GameStop store in Des Plaines, Illinois. Nothing has happened in the real world to justify the breathtaking rise in its share price.f you find trading bitcoin insufficiently hair-raising, try GameStop. It is the Texas-based video games retailer that will be hard to out-do as the stock market story of 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Please let me know if it's possible to shaft Somerset Capital Management. I would enjoy that very much.

Shows up the stock market for the casino it is

So Wall Street calls this unfair market manipulation, but falsely propping up a stocks value creating a false positive by filling it’s pocket with federal bail out money every time a mega corporation gets in trouble is just fine?

crooks gonna crook

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Reddit flash mob won't be able to work the GameStop magic on silver | Nils PratleyIt will be a great deal harder to push up the price of silver, which is already at an eight-year high Do your research. It isn't supported by r/wallstreetbets. Which is cool cause they aren't trying. Nobody wants to either. Manufactured bs by the media and hedge funds who own silver and are trying to drive the price up to cover their short sales.
Source: The Guardian - 🏆 84. / 53 Read more »

BT’s woolly response to boardroom rift claim misses the point | Nils PratleyProfessional disagreement is allowed, so why is BT drawing attention to itself in this way?
Source: The Guardian - 🏆 84. / 53 Read more »

There's no justification for Waitrose keeping its Covid rate relief cash | Nils PratleyDame Sharon White made the wrong call in not following the lead of the supermarket chain’s rivals If the JL group as a whole (inc Waitrose which may separately have been profitable) has lost money and has to implement store closures (meaning job losses) would not disclaiming the rate relief simply = more job losses? this is terrible news What about The Range keeping theirs
Source: The Guardian - 🏆 84. / 53 Read more »

Provident Financial's loan problem has landed in the FCA's lap | Nils PratleyThe lender signed up to the financial regulator’s responsible practices, so why the large mess?
Source: The Guardian - 🏆 84. / 53 Read more »

BT's 'fair bet' deal for fast-fibre broadband looks like a winner | Nils PratleyThe chance to keep excess profits from its high-speed network is a breakthrough for the telecoms firm Wait !! Watch party Where For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Blakescott64 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success
Source: The Guardian - 🏆 84. / 53 Read more »