GameStop Stock Fiasco Explained
4,500You might have heard by now some rumblings about GameStop, Reddit, and stock prices. Well, if you are still working on trying to figure it all out, we have got you covered.
Today we are explaining how the subreddit community Wallstreetbets outsmarted Wall Street, tanked billion-dollar hedge funds, and made a ton of money while doing it.
Grab your stock options and your popcorn cause this one is a lot of fun.
Buy our shirt!
https://is.gd/u3xCtA
OR follow us on Twitter!
https://twitter.com/snackary_
https://twitter.com/DarthBurrit0
http://twitter.com/InsideGaming
SOURCES
[Vice] - How chaotic Redditors made GameStop Stock Skyrocket
https://www.vice.com/en/article/qjpx8w/how-chaotic-redditors-made-gamestop-stock-skyrocket-and-made-short-sellers-cry
[NH Register] - Small investors face down hedge funds
https://www.nhregister.com/business/article/Smaller-investors-face-down-hedge-funds-as-15896726.php
[Business Insider] - Hedge funds loose $5 Billion
https://markets.businessinsider.com/news/stocks/gamestop-short-sellers-squeezed-losses-reddit-traders-army-cohen-palihapitiya-2021-1-1030006226
[Bloomberg] - SEC reviewing reddit
https://www.bloomberg.com/opinion/articles/2021-01-26/will-wallstreetbets-face-sec-scrutiny-after-gamestop-rally
[AFR] - The “democratization” of wall street
https://www.afr.com/markets/equity-markets/reddit-traders-wage-battle-against-wall-street-20210127-p56x38
[Motherboard] - Robinhood stops users from trading
https://www.vice.com/en/article/m7ak7y/robinhood-stops-users-from-trading-gamestop-stocks-other-reddit-yolo-picks
Slasher on SEC reviewing reddit
https://twitter.com/Slasher/status/1354542275607592971?s=20
[Twitter] - AOC tweet about Wall Street gambling
https://twitter.com/AOC/status/1354536220110577664?s=20
[Twitter] - Meme - Me and the boys looking for roving hedge fund managers
https://twitter.com/JordanUhl/status/1354477469005443075?s=20
[Twitter] - Terminator Meme
https://twitter.com/mobilesinper/status/1354549561339965440?s=20
[Twitter] - Shaan Puri Twitter breakdown of Wallstreetbets
https://twitter.com/ShaanVP/status/1353951035224694785
[Twitter] - Elon Musk GameStonks
https://twitter.com/elonmusk/status/1354174279894642703
Other Videos By Inside Gaming
| 2021-02-23 | Why Valheim is so popular |
| 2021-02-20 | Stadia killed its studios in the most painful way possible |
| 2021-02-18 | Splatoon 3 and Mario Golf Nintendo Direct Recap |
| 2021-02-13 | Things go from bad to worse for CD Projekt Red |
| 2021-02-11 | The Clever Ways Games Break Themselves |
| 2021-02-09 | Kotaku’s boss is out, now what? |
| 2021-02-06 | Stadia’s days are numbered |
| 2021-02-04 | Why Google Killed its Stadia Games |
| 2021-02-03 | How Hitboxes Work in Video Games |
| 2021-01-30 | GameStop drama shows Wall Street’s hypocrisy |
| 2021-01-28 | GameStop Stock Fiasco Explained |
| 2021-01-26 | How mirrors work in video games |
| 2021-01-23 | Scalpers are still snatching up PS5s |
| 2021-01-18 | Why Rust is a big deal now |
| 2021-01-16 | EA and Star Wars are (kinda) breaking up |
| 2021-01-13 | What is a "SKYBOX" in video games? |
| 2021-01-09 | Cyberpunk 2077’s player base crashes |
| 2021-01-04 | Farewell Inside Gaming Daily |
| 2021-01-03 | Big Muther!@#$'n Crab Truckers - Part 4 |
| 2021-01-02 | Every 5-Second Review from 2020 |
| 2021-01-01 | “Big” Video Game Predictions for 2021 |