What actually happened in Gamestop - SEC report -
sgbuffett - 14-12-2021
The common believed story that a group of small investors squeezed big boys hedge funds out of their shorts is not quite correct ....
The stock went up because of small investors buying pushing up the stock price. Many of these small investors bought at the peak.
Stock us worth $4 at most $22 based on fundamentals but still trading at $138 after many months since the incident.
Small investors are still playing the stock ...it will take some time to come down to the real value.