The Massive GameStop Short Squeeze, Explained
7:53
YouTubeDaniel Inskeep
The Massive GameStop Short Squeeze, Explained
You can follow me on Twitter for updates and thoughts on GME: http://twitter.com/daniel_inskeep In this video, I break down what exactly a short squeeze is and why the GameStop short squeeze is so significant. DISCLAIMER: • I'm not a financial professional • This is not investing advice • I am long GameStop If you want to support my ...
717.9K viewsJan 24, 2021
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Value on Instagram: "In early 2021, retail investors from Reddit’s r/wallstreetbets shook Wall Street with one of the most dramatic short squeezes in history. Their collective buying of GameStop (GME) shares sent the stock soaring, forcing hedge funds that had bet against it to cover their positions at massive losses. Fueled by options trading and viral momentum, GameStop’s price rocketed from under $20 to over $400 in weeks. Hedge funds like Melvin Capital lost billions, while everyday traders
Value on Instagram: "In early 2021, retail investors from Reddit’s r/wallstreetbets shook Wall Street with one of the most dramatic short squeezes in history. Their collective buying of GameStop (GME) shares sent the stock soaring, forcing hedge funds that had bet against it to cover their positions at massive losses. Fueled by options trading and viral momentum, GameStop’s price rocketed from under $20 to over $400 in weeks. Hedge funds like Melvin Capital lost billions, while everyday traders
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