This GameStop stock situation is very interesting but it has a lot of potential avenues. By Shannon Grixti 3 months ago.
The Whole Gamestop Situation Explained Youtube
Clearly the author is pointing out one possibility and it is quite possible.
Explain gamestop situation. Which in theory is not a bad assumption to make since video games can all be downloaded these days brick and mortar stores selling hard copies are to 2021 what blockbuster was to 2010. A desperate nation tries to understand the GameStop saga By Beth Teitell Globe Staff Updated January 31 2021 652 pm. They knew that Wall Street was short-selling the GameStop stock and decided to mess with that by buying up as many stocks as they could which was going to push the price higher.
GameStop based in Grapevine Texas sells video games at more than 5000 stores and the pandemic has been keeping customers away. Trevor Noah explains the GameStop situation as Margot Robbie from The Big Short Nick Romano 1282021 Columbus Ohio shooting. Its a reflection of a.
She uses a statue to symbolize Reddit users in the Wall Street Bets forum. Right now with Gamestop having closed at 7679 yesterday 39 GME calls expiring January 29th are trading at 42 representing a 1300 profit to a trader who bought them at 3. More worrisome is the long-term shift by customers away from brick-and-mortar stores and toward buying games online.
There are these people who. GameStops share price which closed on Tuesday at 14798 its gone over 300 today isnt any reflection of its health or value as a company. After a week of news made by Reddit groups impacting Wall Street heres what behavioral finance experts are saying about the GameStop stock surge.
This is due to the companys stock price surging after a bunch of. The stocks value is. Call and put options are created by market makers who are ultimately responsible for delivery of the underlying securities should the option to purchase be exercised.
Have lots of money and they have hedges around their house says comedian Avalon Penrose in her jokey take. GameStop a company largely made of brick-and-mortar stores has been in dire straits thanks to the pandemic and general trouble in the retail world. Explain it like Im 5 years old.
The rally in GameStop was initially triggered on Jan. Reddit vs Wall Street - I explain in simple terms the short squeeze GameStop the entire weeks events including brokers restricting trades and what YOU m. Raising its value this way means that short sellers on Wall Street that were using GameStop to turn a hefty profit are now at risk of bankruptcy.
GameStop yes where you went to buy and trade video games in middle school has been on a declining trend in the stock market. 11 when news broke that activist investor and Chewy co-founder and former CEO Ryan Cohen. In her next TikTok Parkins explains the GameStop scenario.
Email to a Friend. Its been another wild week on the internet with absolutely nobody being able to predict the fact that Gamestop the owner of EB Games being in the news around the world. No need for aggressive comments though.
A bunch of hedge-fund guys because of how the. These Redditors said No way this is not happening on our watch. Like many companies that are in rough shape GameStop was the subject of whats called short selling in which professional investors borrow shares of stock to sell and then buy back.
Police officer shot and killed a Black teenage girl holding a knife. These hedgfunds were betting on GameStop to fail in 2021. Heres The GameStop Stock Situation Explained In The Most Simple Way Possible.
Just because you understand the story on a base level doesnt mean you need to be so toxic. The answer involves a deep dive into bizarro Wall Street dynamics.
