Wall Street was the real winner of the GameStop saga
economist.com
Wall Street was the real winner of the GameStop saga
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Re: Wall Street was the real winner of the GameStop saga
#2Re: Wall Street was the real winner of the GameStop saga
#3to read the full article without GDPR, paywall, or other annoyances.
Re: Wall Street was the real winner of the GameStop saga
#4The result is STONKS, a comedy/drama feature screenplay [0], fictional but inspired by the GME events, and a love letter of sorts to WSB. We queried Hollywood producers but were ignored; we shared on WSB itself but we were insta-banned and never told why (but given the founder sold the rights to his life story to Hollywood [1], we can make an informed guess).
Anyway, here it is. Feedback welcome.
[0] https://gabrielgambetta.com/files/STONKS-2022-02-02.pdf
[1] https://www.wsj.com/articles/reddits-wallstreetbets-founder-...
Re: Wall Street was the real winner of the GameStop saga
#5Re: Wall Street was the real winner of the GameStop saga
#6Re: Wall Street was the real winner of the GameStop saga
#7There are still many retail investors who think the saga is far from over, and are now betting on direct registration (DRS) of their GME shares with the goal of triggering another, much bigger short squeeze than last year.
Re: Wall Street was the real winner of the GameStop saga
#8There are still many retail investors who think the saga is far from over, and are now betting on direct registration (DRS) of their GME shares with the goal of triggering another, much bigger short squeeze than last year.
Also known as the Mother Of All Collective Delusions
Re: Wall Street was the real winner of the GameStop saga
#9Re: Wall Street was the real winner of the GameStop saga
#10So because people traded (sometimes) using services that had associated fees... Wall Street won? There's nothing in this article that supports the click bait title.