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RE: Wallstreet vs. The People

in #doge3 years ago

Interesting choice of topic @whatsup

Issue around Gamestop definetly brought so much attention to stock markets and exposed some real issues.

I've been wondering: would it be possible and profitable to open short positions on gamestop right now, while price is so high and assuming that very unlikely it will still grow much?
Could hedge funds make billions by shorting it right now?

What do you think?

Cheers, Piotr

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It's a highly manipulated stock in a company that has had a lot of issues, anythings possible, but I wouldn't touch it as an investment.

I could see people choosing to hold it for a statement.