Tag: hedge funds
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A SIMPLE explanation of the GameStop stock short sale—and why it’s led to #EatTheRich trending on Twitter
Reddit versus Wall Street: Explain it Like I’m Five How Game Stock’s stock (GME) went up by 1600% in one day, and what it has to do with Reddit. Wall Street treats the economy like a casino, making bets on what will win and lose. When they talk about a short sale, they are basically…