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The Greatest Short Squeeze Ever Occurred in 1922
Posted January 28, 2021
Right now, financial and social media are focused on the drama playing out on Wall Street. There’s a war going on between online “social justice warrior” day traders and professional hedge fund managers over GameStop stock.
Before this year, GameStop was best known for being a retailer next to Auntie Anne’s in dying malls. 
It has a simple business model: Buy and sell video games.
However, with the advent of online gaming, GameStop has seen its sales decline year over year and quite precipitously. In 2018, GameStop’s revenues were $9.2 billion. By the end of 2020, sales were $6.5 billion.  ....

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