• This topic has 442 replies, 81 voices, and was last updated 2 years ago by pk13.
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  • Anyone watching the Gamestop/Reddit fandango?
  • pk13
    Full Member

    I’m still in, the number is in the green so not bad for a gamble and it will make a good movie if Seth Rogan made it.
    Investment banking and hedge funds are like booze if it was invented today it would be ruled to be very bad for your health and probably banned.

    But It would appear that greed is still good

    footflaps
    Full Member

    Did this thread get bumped by a bot or something? Weird stuff is going down in the world of finance.

    There was an FT article about it the other day. Tracking posts on Reddit or wherever, sentiment has shifted from cypto back to meme-stocks, so Gamestop etc is having a second resurgence.

    Source: https://www.ft.com/content/11e59520-a504-4098-9fc1-e2fe66887e14 ” Thrill-seeking traders send ‘meme stocks’ soaring as crypto tumbles. Amateur investors are chasing momentum instead of particular sectors”

    pk13
    Full Member

    It’s the game stop AGM as well

Viewing 3 posts - 441 through 443 (of 443 total)

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