Time To Fight Back
When it came to the users’ attention on r/wallstreetbets that the Gamestop stock is the most shorted in the market, they decided to do something about it. They wanted to teach these hedge funds a lesson. It did not sit well with the Redditors at all. But what exactly could do they do about it?
Time To Fight Back
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Bye To Billions Of Bucks
People began to buy more GME, which drove the price higher and higher. As the price of the stock grew, the hedge funds lost more money. While they were panicking, the internet was having a lot of fun watching them go down. This was one of the few times that the rich people were losing in the market.
Bye To Billions Of Bucks