Everything You Need To Know About How A Reddit Group Blew Up Gamestop’s Stock

One poster drew up their deep dive into IVR and how the housing bubble will in factaid mortgage REITs like IVR. The theory is up for debate, and only time will tell if Redditors or short sellers are correct. In the meantime, though, the retail trading legion is buying up shares of IVR stock, catalyzing a squeeze today.

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It’s all reminiscent of the day-trading boom in the late-1990s when many retail investors saw their portfolios soar but were ultimately wiped Delaware Park Sports Betting out by the dotcom bubble. Only this time it may involve young investors who weren’t even born in the late 1990s. “Hedge fund managers live in the past, and continue to look down upon the retail investors,” wrote one Wallstreetbets commenter on Wednesday.

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Hedge funds are a group of investors that are supervised by a money manager. These hedge funds aim to make profits by short selling on failing stocks. A big hedge fund has a pool of investment money that gives the investor the bandwidth to invest aggressively and make complex investments for bigger payouts. But before delving into why Reddit users suddenly took an interest in GameStock, here’s a quick reckoner of key terms such as day trading, short selling and hedge funds. This is because the US chain of video game retail stores, which was valued at a mere $3.25 per stock just a year ago, saw its stock price rocket by almost 8,000 per cent within six months.