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#17 | |||
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Senior Member
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SkyNewsHD Live Business update
Citron Research has had to Halt. Meanwhile YouTuber 'Roaring Kitty' has been one of the key cheerleaders of the GameStock rally ![]() ![]() [Reddit group that drove GameStop shares 1,700% higher and cost Wall Street short-sellers billions briefly goes PRIVATE and messaging platform Discord BANS their server for 'hate speech' in the wake of SEC and White House 'monitoring' GameStop shares rose another 130% on Wednesday amid a Reddit buying frenzy The struggling company runs a chain of video game stores across the country Group WallStreetBets is leading charge to inflate stock and punish hedge funds GameStop stock is up 1,700% since January 1 in run that hurt short sellers Hedge funds Citron and Melvin Capital likely lost billions as the shares rose But GameStop's three largest shareholders have gained $3B in recent moves They include board member Ryan Cohen, whose shares are up more than $2B GameStop CEO Geroge Sherman is up $500M and investor Donald Foss $800M TD Ameritrade instituted unprecedented restrictions on GameStop stock Wall Street investors express alarm and say they have never seen anything like it When the bubble collapses all of the shareholder gains could be wiped out Biden's press secretary says that his team is 'monitoring the situation'] https://www.dailymail.co.uk/news/art...two-weeks.html |
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