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GameStop Story: Hedge Fund Vultures Crushed by Retail Investors


NewsBlaze News
GameStop Story: Hedge Fund Vultures Crushed by Retail Investors
Fri January 29, 2021
GameStop is a brick and mortar video game retailer held its stock price reasonably steady for years, as ecommerce passed it by. It trades on the NYSE as
GME.
THE MORAL OF THE STORY ABOUT GAMESTOP: Gamestop, a retailer that merchandises video games at brick and mortar stores faces an uncertain business climate, like so many other businesses with coronavirus lockdowns and restrictions. Big hedge funds with access to information circled like vultures around the company placing a gargantuan short on Gamestop. And those hedge funds get their insider knowledge from a corrupt iron triangle that includes newly installed liberal eggheads in Washington in the Biden Administration that knows when those restrictions are going to get lifted. ....

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