GameStop Stock Game Got Stomped

Posted by FabHK on Friday January 29, 2021 @12:15PM
from the bloomberg.com dept.

https://www.bloomberg.com/opinion/articles/2021-01-29/reddit-traders-on-robinhood-are-on-both-sides-of-gamestop

( 2 comments | 18 points | on HN )

Re:GameStop Stock Game Got Stomped by throwaway-571 on Friday January 29, 2021 @07:14PM (#25964618)

One of the interesting point was that the retail traders were only 1/3 of the volume and trading out of the stock. So who's pumping this?

[ Parent | on HN ]

Re:GameStop Stock Game Got Stomped by FabHK on Friday January 29, 2021 @08:48PM (#25965207)

Good question. If retail flow is balanced, then presumably institutional flow is balanced - what institutional investors are buying this? Hedge funds covering their shorts?

[ Parent | on HN ]