Posts

avatar of @yintercept
25
@yintercept
·
·
0 views
·
1 min read

I've been researching the GameStop merger chain.

GameStop was a company created by Wall Street to roll up the gaming market. It is a company built on the idea that one must dominate or perish.

While the short squeeze was fun. I personally wouldn't waste much effort on the play.

The short squeeze knocked down the first wave of short sellers. The second wave of hedge funds that short the company is likely to make out well. Wall Street will always be better at manipulating stocks than the retail trader.

Posted Using LeoFinance Beta