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  1. S'task

    Business & Finance The GameStop Short Stock Sensation

    With the cherry on top of the hilarity being that the stock being used here is Gamestop, which already had mimetic status among Gamers going back years if not decades. Especially for how little they would pay for used games while turning around and selling same said games at incredible markups...
  2. S'task

    Business & Finance The GameStop Short Stock Sensation

    Bear in mind, the shorting done was excessive from what I can gather. They had short sold more shares of Gamestop than there WERE shares of Gamestop. This is a TERRIBLE position to be in because, well, they basically backed themselves into a corner, if the stock price went anywhere BUT down...
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