Robinhood: Inspiring the People and Taking Down the Establishment
aidangold.substack.com
Back in the day, Gamestop (ticker $GME) was a popular video game store similar to Blockbuster. But with the digitization of games, it’s been falling behind with the times… All that changed when a Reddit forum known as Wall Street Bets recognized extreme short interest on the stock from institutional hedge funds. Short interest means that large funds were betting on the stock going down.
Robinhood: Inspiring the People and Taking Down the Establishment
Robinhood: Inspiring the People and Taking…
Robinhood: Inspiring the People and Taking Down the Establishment
Back in the day, Gamestop (ticker $GME) was a popular video game store similar to Blockbuster. But with the digitization of games, it’s been falling behind with the times… All that changed when a Reddit forum known as Wall Street Bets recognized extreme short interest on the stock from institutional hedge funds. Short interest means that large funds were betting on the stock going down.