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GameStop stock plunges as selling swamps Reddit-favoured bet | What’s the damage to Wall Street?



Technology analyst Carmi Levy and Yahoo’s Shruti Shekar look at the GameStop saga as the stock plummeted, but not day traders caused significant damage to several Wall Street hedge funds.

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9 Comments

  1. The smart small investors trade in the forex market the suckers trade in the stock markets learn about the forex market.

  2. The elitists are having a bad time. They can play the game, but as soon as someone else starts winning, they have to change the rules and stomp out those interlopers into the elitists' game. Democrats and Liberals are exactly the same way…

  3. Robinhood is breaking down barriers? Uh, what kind of research did this guy do? They blocked share purchasing last week effectively screwing what WSB was doing.

  4. What you're seeing is market manipulation. Everyone is still buying and holding. It's supply and demand everyone.

  5. You have a typo … it should read

    "Wall Street admits it's a gambling club for the 1% ONLY and cuts out the everyday person because the 1% realized if the poors pool their money they can beat the 1% and take the money for ourselves."

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