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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: 1344
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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#4. To: Horse (#0)

ghostdogtxn  posted on  2021-01-29   17:40:53 ET  Reply   Untrace   Trace   Private Reply  


#8. To: ghostdogtxn, 4um (#4)

I wouldn’t bet against the gamer nerds.

Dawg, I'm certainly not questioning you, but there's a lot more players involved. The gamers don't have the juice to move markets this way.

Look behind the curtain at companies B, C, D, thru X that are in the shadows. Details are leaking out slowly.

It's Friday-News-Dump night. Some details may come out tonight when we're not supposed to be looking. Regardless, the event should end by the end of next week except for the minor players (gamers) that will be the scapegoats.

I've been wrong before, getting to be a habit in CrazyWorld.

Esso  posted on  2021-01-29   18:50:34 ET  Reply   Untrace   Trace   Private Reply  


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#11. To: Esso (#8)

ghostdogtxn  posted on  2021-01-29 19:07:31 ET  Reply   Untrace   Trace   Private Reply  


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