An Emergency Warning has been issued for Tara, Kogan, Halliford, Wieambilla, Moonie, and Durong in QLD. For the latest, search onIn the opening months of 2021, when the world was still in the throws of the COVID-19 pandemic, a group of amateur investors on a social media platform made billions on the US stock market, nearly bankrupting huge investment firms in the process.
At first, Wall Street was baffled at why a usually unattractive stock like GameStop would soar so high.At the start of 2020, a WallStreetBets member going by the name of DeepF**kingValue — who we now know is— posted on the subreddit that he had invested $US50,000 into GameStop stock.But that's not all
But if you believe that a company's shares will tank — like the shares of a video game retailer — you canfor less than you sold them for.But if your "shorted" shares increase in price, then short sellers have to scramble to buy the shares back in order to be able to return the shares to their original owner.
whose hedge fund, Citadel LLC, along with Point 72, invested $US2.75 billion into Melvin Capital in January 2021.Many Reddit traders used the platform to buy and sell GameStop stock, with the company accused of shutting down GameStop stock buying to tank the inflated stock price.'Simone' had a choice — quit her job, or leak files about the reality of life for children and families on NauruWomen have fought on the frontline for centuries.
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