Re:GameStop Is Rage Against the Financial Machine
by cnxsoft on Wednesday January 27, 2021 @09:18PM
(#25937288)
Many people will lose money is this little game.
The hedge funds deserve to lose since they took too many risks, but I'm afraid they'll be bailed out.
GameStop is bleeding money, and if the stock value is really closer to $3, then once this is out of the news, price will fall down to under $10 pretty quickly. Many smaller investors will lose out in the end.
GameStop is bleeding money, and if the stock value is really closer to $3, then once this is out of the news, price will fall down to under $10 pretty quickly. Many smaller investors will lose out in the end.