Had some people ask me why GameStop's stock jumped through the roof today. In short, it's a short squeeze.
We have talked on @VirtualEconCast about GameStop's stock being shorted. Shorters are about to get wrecked.
Here's what seems to have happened...
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Maybe it's time to have a real discussion about how stocks are just another form of legalized betting and that the Dow shouldn't be such a barometer of our economy.
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I think that one of the best things I heard this week during the transfer of power is a reminder that the stock market isn't the economy and that you can have a strong stock market and a shitty economy for the majority.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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