The War On Wall Street: GameStop Sparks Revolution With Retail Investors
Anat Alon-Beck, 01 February 2021
I don’t know about you, but I’ve been glued to the financial news during the past week.
And, for the first time, both my husband and my son were actually interested in my work. It is mind-boggling.
My husband first told me these stories of people making exorbitant amounts of money trading stock options, and no, not people we know from the investment community. My son, who turned 11 this month, wanted to know what’s all the buzz in the news about his favorite store: GameStop GME +0.9%. Continue reading “Article: The War On Wall Street: GameStop Sparks Revolution With Retail Investors”

Erik Schatzker 

It’s telling that regulators aren’t asking why high-end hedge funds were allowed to target vulnerable corporations, such as GameStop, in an alleged short-selling scheme to drive their victims into bankruptcy. As the stock price of their prey goes to nearly zero, the hedge fund honchos could earn multimillions—or billions of dollars–in profits off of the companies closing their doors and laying off thousands of employees into the worst job market in modern history.
There’s something very weird happening in shares of GameStop (GME).
There is something “systemically” wrong in the options trading of the stock of GameStop Corporation GME 0.1%, according to Massachusetts securities regulator, Barron’s reported Tuesday.