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Anyone following the stock market and what the folks at reddit are doing?
I'm talking about what has been going on with Gamestop (GME) stock the past couple days. It was at roughly $50/share, they caused it to shoot up to $138ish/share and it is hovering around $80 right now. Short sellers lost $1.6 Billion because they didn't believe the stock was going to perform like the group at reddit thought it would.
Some sort of weird groupthink going on there and I'm trying to get ahold of it to figure out if they're just idiots or if a group of someones know what they are doing and are leading the rest.
As an aside, the next stock they are claiming is going to jump is Blackberry (BB) which is currently just shy of $20/share.
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