short selling
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GameStop’s Meme Stock Is Back With A Vengeance
People have been waiting for the GameStop bubble to pop for over a year now. Instead, the ailing brick and mortar video game retailer just posted another record week on Wall Street. Earnings are down. Employee morale is in the pits. But the company’s stock went from $US78 ($108) per share last month to over…
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Mister DeepFuckingValue’s Former Workplace Fined Over His Meme Stock Conduct
The last we saw of DeepFucking Value, aka Roaring Kitty, aka Keith Gill, he was giving testimony to Congress and standing accused of market manipulation over his part in hyping up GameStop stocks earlier this year. Now his former employer, MassMutual, has been fined over Gill’s conduct while working there.
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GameStop’s CEO Is Getting $230 Million For Quitting
In further proof that our current economic system is entirely fine and normal, GameStop CEO George Sherman — who is leaving his post in the Summer — will be getting $US179 ($231) million. Just for quitting his job.
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GameStop Puts WallStreetBets’ Favourite Rich Guy In Charge Of Figuring Out How To Save It
Just a few weeks ago, it seemed like the GameStop stock frenzy was finally done and dusted. But late last month, it began to rally again and was buoyed this week by the news that former pet food website founder and hero of the WallStreetBets investment subreddit, Ryan “Papa” Cohen, will be put in charge…