Tag Archives: short sellers

Who’s the next GameStop? These are the 10 most shorted stocks

Short selling is a trading strategy based on speculation that a company’s stock will drop in price. If shares rise instead, the investors are forced to buy the shares, which drives their prices still higher in a development called a short squeeze GameStop, a struggling mall-based retailer of video games, has been an attractive target […]

GameStop shares shorted fall by over half in week — S3 Partners

By Reuters Staff 1 Min Read FILE PHOTO: A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File Photo/File Photo NEW YORK (Reuters) – The number of GameStop shares that were shorted fell by over half in a […]

Number of GameStop shares shorted falls by over half in week -S3 Partners

By Reuters Staff 2 Min Read FILE PHOTO: A GameStop store is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo Allegri/File Photo/File Photo NEW YORK (Reuters) -The number of GameStop shares that were shorted fell by over half in a week […]

Hedge fund requires bailout after Reddit users cause 800% increase in GameStop shares | JOE is the voice of Irish people at home and abroad

The surge has led to one hedge fund facing a bailout. Users of the social network Reddit have sent shockwaves through Wall Street after they quintupled GameStop shares, and made an enormous amount of money in the process, after being mocked on Twitter. Users of the r/WallStreetBets subreddit then proceeded to co-ordinate a mass purchase […]

‘Unusually busy’: WA miner rockets on GameStop mania

GameStop surged 135 per cent overnight and is up more than 20-fold in just 2021 after an army of retail investors colluded on Reddit message boards and other social media platforms under the GME banner to buy shares and force the price up at the expense of short sellers. Some of the emoji, meme, and […]

The GameStop Short Squeeze Shows an Ugly Side of the Investing World – WSJ

Andrew Left is no stranger to conflict when it comes to investing. He makes a living betting that companies will stumble, and he calls out executives by name. Companies and their supporters fight back, but the criticism he normally gets is nothing compared with the venom spewed in recent days by stock traders who have […]

GameStop Stock Drama Continues As Price Soars And Hedge Fund Blinks

GameStop’s stock price continued to soar in after-hours trading last night to over $300. While many are waiting for it to come crashing back down, it might be too late for some major hedge funds. With the stock still sitting at well over $250 a share (unthinkable just last year when it was trading at […]