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Game Stop and AMC stock

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https://well-temperedforum.groupee.net/eve/forums/a/tpc/f/9130004433/m/7213984597

27 January 2021, 11:05 AM
Steve Miller
Game Stop and AMC stock
Have you heard about this? My son told me about it. Individuals, mostly on a Reddit board, are driving up prices of stocks in failing companies and causing hedge funds, etc. to cover their short positions. Some are making a whole lot of money.

One article I read said that the rising value may well save AMC. Others point out it's the classic David and Goliath scenario - individual investors sticking it to the man.

It's hard to know where this will end up.

Jon?


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Life is short. Play with your dog.

27 January 2021, 11:27 AM
pianojuggler
It would be so nice to see the Gremlin and Pacer back on the roads.


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27 January 2021, 12:27 PM
Steve Miller
Here's an explainer:

From "The Verge"


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Life is short. Play with your dog.