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Title: Mega-investors punished with $70 BILLION LOSSES as GameStop and other shorted firms see stock surge – data analysts
Source: [None]
URL Source: https://nationalpreview.com/mega-in ... see-stock-surge-data-analysts/
Published: Jan 29, 2021
Author: Mike Rivero
Post Date: 2021-01-29 14:48:56 by Horse
Keywords: None
Views: 1288
Comments: 32

Short-selling investors lost a staggering $70.8 billion this month, according to financial data analytics firm Ortex. Their losses were partly driven by small traders pumping money into stocks like GameStop.

Short-sellers lost $70.87 billion on US companies this year so far, according to analysis from Ortex reported by Reuters on Thursday. To put the loss in perspective, $70.87 billion is half a billion dollars more than the GDP of Slovenia, according to CIA statistics.

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#1. To: Horse, 4um (#0)

Their losses were partly driven by small traders pumping money into stocks like GameStop.

Don't think that this was just a bunch of video gamers that precipitated this, there were plenty of big boys from competing companies involved.

The video gamers will be the ones held accountable though. Financial Terrorists.

Esso  posted on  2021-01-29   15:00:36 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Esso (#1) (Edited)

The video gamers will be the ones held accountable though. Financial Terrorists.

They need to have someone handy to hang that rap on, and the video gamers would be SO convenient. ;)

BTP Holdings  posted on  2021-01-29   15:42:32 ET  Reply   Untrace   Trace   Private Reply  


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#3. To: BTP Holdings, 4um (#2)

FBI guys...

Esso  posted on  2021-01-29 15:54:18 ET  Reply   Untrace   Trace   Private Reply  


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