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re: Someone explain this Game Stop deal.
Posted on 1/27/21 at 3:18 pm to dakarx
Posted on 1/27/21 at 3:18 pm to dakarx
quote:
the hedgefunds trying to ruin a company stock.
They're not trying to ruin the stock. They see the company as already week and assume the price of the stock is headed down. So they try to make money off of the impending demise by "shorting" the stock.
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