Yamana Gold Inc. (AUY) is priced at $4.22 after the most recent trading session. At the very opening of the session, the stock price was $4.23 and reached a high price of $4.41, prior to closing the session it reached the value of $4.32. The stock touched a low price of $4.16.Recently in News on Sep
large investor would say, hmm, look what they re doing, let s jump on that bandwagon. and i think the important thing, and what makes this dangerous, is those sophisticated investors that got in on the back are smart enough and sophisticated enough to know when to get out of the situation, while the little guy is typically the one that ends up holding the bag. and that s very dangerous and sad. tantalisingly, what could have happened is hedge funds taking aim at other hedge funds. this narrative that it was just wallstreetbets that moved it, i mean, a lot of other people think, no, it must have been much biggerforces at play. obviously there was a short squeeze, obviously it could well have been hedge funds trying to screw over other hedge funds. sure, absolutely. really? you think other hedge funds were doing that, potentially? i mean, if you saw an opportunity to make money, it s legal, it s fair. go buy stock, it s an open market. what s without doubt is that wallstreetbets help
this narrative that it was just wallstreetbets that moved it, i mean, a lot of other people think, uh, no, it must have been much bigger forces at play. obviously there was a short squeeze, obviously it could well have been hedge funds trying to screw over other hedge funds. sure, absolutely. really? you think other hedge funds were doing that, potentially? i mean, if you saw an opportunity to make money, its legal, it s fair. go buy stock, it s an open market. what s without doubt is that wallstreetbets helped to start things rolling. but much larger financial players were also heavily involved. people using robinhood and people who are not large institutions, are not registered financial professionals, are a bigger part of the market than they ve ever been. they re about a quarter, 25%. but they re still a small player, relative to the biggest institutions. and so when you see a price movement from gamestop at $18 all the way up to $325, it s very unlikely that the only people that a