Published On Jan 27, 2021
Wallstreetbets Gamestop Explained - $GME Short Selling Frenzy
In this video we will be discussing the current situation of WallStreetBets, a reddit community, vs. Wall Street and how they are using Gamestop $GME to hurt hedge funds.
We will be discussing:
- The Hype (Why this is relevant)
- Shorting a Stock / Short Sells
- Short Sell - Outcome 1 - Profits
- Short Sell - Outcome 2 - Losses
- Shorting a Stock - Results
- The YouTube video that sparked the fued
- What Reddit Is?
- What WallStreetBets is?
- The optimism for Gamestop $GME
- How WSB hurt Wall Street
- Are WSB actions illegal?
- Should You Buy?
- Other Stocks to put on your watchlist
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Disclaimer: I am not a financial adviser. Investing in the stock market always comes with its own risks and should be done after completing a lot of research. This video is intended for entertainment purposes only and should not be construed as investing or professional advice. You are investing at your own risk, only invest what you are willing to lose in the market. These videos are designed to be educational and for me to share some of my experiences. Past performance is no guarantee of future success.
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