GameStop sales struggle after trading frenzy
23/03/2021 | news | business | 10
GameStop provides its first financial update since it became the subject of a trading frenzy.
1
Bob
24/03/2021 11:56:56 4 0
bbc
If you can't turn finances around when you have two new consoles being launched, you're screwed.
2
24/03/2021 11:59:44 15 1
bbc
Reddit 1, Hedge Fund Fatcats 0

Still can't stop laughing.
2
24/03/2021 11:59:44 15 1
bbc
Reddit 1, Hedge Fund Fatcats 0

Still can't stop laughing.
4
24/03/2021 13:02:47 1 2
bbc
Sad thing is that many hedge fund fatcats will find a way to shield themselves and their backers from the worst of the losses through possible compensation for their losses and favourable financial regulation. While at the same time the small investor will have no such safety net and, if they have been overly greedy, could stand to lose a lot of money.
4
24/03/2021 13:02:47 1 2
bbc
Sad thing is that many hedge fund fatcats will find a way to shield themselves and their backers from the worst of the losses through possible compensation for their losses and favourable financial regulation. While at the same time the small investor will have no such safety net and, if they have been overly greedy, could stand to lose a lot of money.
2
24/03/2021 11:59:44 15 1
bbc
Reddit 1, Hedge Fund Fatcats 0

Still can't stop laughing.
Removed
6
24/03/2021 15:09:51 6 1
bbc
Hedge fund managers illegally short GME stocks, selling stocks they do not own: a resounding “Eh.” from mainstream media.

A number of people decide to buy GME for individual reasons e.g highlighting this illegality, supporting a business they like: “This is not normal, the stock is not being traded on the fundamentals”.
7
24/03/2021 17:51:26 0 4
bbc
This and the Bitcoin frenzy show just how the modern day investor is easily influenced by social media. GAME is losing money and needs to rapidly change its model to survive otherwise its shares have zero value. Good luck to them. The share frenzy is driven by a few who will have made millions encouraging others into the ponzi scheme. It will end in tears for the little guy.

Bitcoin is the same
8
24/03/2021 18:43:07 0 0
bbc
Wrong company, chief.
7
24/03/2021 17:51:26 0 4
bbc
This and the Bitcoin frenzy show just how the modern day investor is easily influenced by social media. GAME is losing money and needs to rapidly change its model to survive otherwise its shares have zero value. Good luck to them. The share frenzy is driven by a few who will have made millions encouraging others into the ponzi scheme. It will end in tears for the little guy.

Bitcoin is the same
8
24/03/2021 18:43:07 0 0
bbc
Wrong company, chief.
9
24/03/2021 21:47:55 0 0
bbc
Glad home investors took on the rigged institutional investors
10
25/03/2021 21:21:46 0 0
bbc
Don't see a new article showing the stock rose base to $180 today after the price was manipulated down yesterday so the headlines were beneficial for the Hedge Funds.