← All sources

video UK · 7 February 2021

GAMESTOP: Wall Street Bets Strategy - Gary on LBC with Tom Swarbrick

This video explains the GameStop short squeeze, detailing how ordinary people on Reddit's WallStreetBets forum collectively bought GameStop stock, forcing hedge funds who had bet against the company to buy back shares at inflated prices, causing massive losses for the funds and huge gains for the Reddit traders.

By Gary Stevenson

Featuring Tom Swarbrick

Open the video ↗

Arguments in this video