#Hold the line meme gamestop movie#

I'm sorry, the stuff's junk and I won't let my four-year-old watch it.Īnyway, highly shorted stocks. Then you've got iRobot ( IRBT -0.07%) and Genius Brands ( GNUS 6.99%), the penny-stock, third-tier, garbage kids cartoon maker.

#Hold the line meme gamestop movie#

You've got just these legacy retailers, movie theater chain. So GameStop's stock today, and it wasn't just GameStop, there's this huge group of companies that are in the short squeeze WallStreetBets, you've got AMC Entertainment, Express ( EXPR 5.21%), Bed Bath & Beyond ( BBBY 7.35%). How fun does this sound? I'm going to throw up a chart here, I'm going to do a quick screen share. Pointless prognostication is always fun and this gives us a chance to talk about GameStop, guys.

But there will be more.Jason Hall: Pointless prognostication. You find some anomaly, and that anomaly usually goes away, but the one thing you can reliably predict is that there will be some other anomaly that will surprise you, because it will be different. “That’s sort of the thing with behavioral finance. “I wouldn’t expect it to be exactly the same,” Fedyk says. Perhaps instead of going to the moon, the meme stocks of tomorrow will be destined for Mars or Saturn. They just won’t be exactly like GME or AMC. In the constant churn of news stories and the companies’ ability to fundraise off their stock prices, Fedyk sees “all of the necessary ingredients” for more stocks to explode on similar lines in the future. “They are not as prone to short selling, so if they see something they’re gonna act on it, it’s usually a buy.” On top of that, a widespread appetite for what she calls “lottery-like” returns isn’t new. They don’t tend to sell, because they don’t have that many holdings to begin with,” she says. The Conspiracy Theory About the Trump FBI Raid That’s Blowing Up the Far-Right Deep Webįedyk pointed to research suggesting that when retail investors see news coverage of a particular stock, they tend to either buy it or do nothing at all*. My Husband’s Family Thinks He’s the Reason We’re Thriving. Republicans Are Breathlessly Defending Trump Against the FBI Raid. The Mar-a-Lago Raid Has Led to a Full-On GOP Meltdown And indeed, as you know, there’s no limit to the liability.” So you’ve got this other variable, where if the stock gets favored by the retail investor, then that short could just be really expensive.

“The sort of thing that I’ve heard-and it’s kind of obvious, right?-is that the risk has increased for doing a short like that. “Given that these institutional investors were punished in terms of these meme stocks, it makes it much less likely that they’re going to take the sort of risks that they took before in terms of short positions,” Harvey says. In theory, a short seller has infinite downside, because a stock could go up an untold amount rather than just dropping to zero.)

(A short seller borrows a share of a stock, sells it, and hopes to buy it back at a lower price before returning it to the lender. Winding up on the wrong side of organized retail investors might feel like an extra risk, though, given how high-profile the GameStop and AMC rallies were and how expensive they got. “This is just another contributing player that may do the same.” “Institutional investors have been trying to play each other for as long as they’ve been around,” Fedyk says.