Game Stop And The Great Bear Raid.
Well. You may have read about the big price jump in Game Stop and a couple of other small companies that have recently come under the gave of a group of retail investors over at the Social Media Site: Redditt.
If one were to believe the press, you are lead to believe that this group of Rabble “Rousers” is disrupting the staid and ethical practices of Wall Street. And that the new Administration ought to look into these nefarious goings on.
Absolutely nothing could be farther from reality. It the truth be known, it is Wall Street, and more particularly the antics of a couple of large Hedge Funds, which ought to be investigated.
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