Here’s The Best/Simplest Explanation Of The GameStop Stock Shorting Saga

Read this if you want to understand.

You can’t really go anywhere on the internet right now without hearing about what’s going on in the stock market with GameStop and any number of other short shares, but I’m well aware from scrolling down my timeline that a lot of people literally have no idea what’s going on or how it works or anything about it.

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I posted a fairly simple explanation of it in a post like this yesterday, but I later came across this thread which has explained it in by far and away the clearest way that I’ve seen so far. Figured it was my duty here on Sick Chirpse to share it with you guys so you can get a grip on what’s going on right now – this first sequence is just describing the situation up until the end of Wednesday:

That’s slightly clear right? Aaron did a good job, and thankfully he continued his thoughts on what was going on yesterday as well, as the Robin Hood app banned the little guy from trading GameSpot stock on its platform.

Here’s his take on what’s been going on today:

Wow. I kinda got that this was a massive deal already and completely unethical from browsing around Twitter today, but the way this guy is talking about it really does hammer home how crazy the last couple days have been and how they’re probably only going to get even crazier tomorrow. Stay tuned – or just follow Aaron as he seems to know what he’s talking about.

For more of the same, check out this Redditor’s open letter to the hedge funds. He’s never going to back down basically.


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