Why Can Retail Investors Break Wall Street? Public Opinion May Become an Invisible Weapon.

Just a few days ago, a retail Avengers swept the Internet. The real reason why Wall Street was cut by leeks was thought-provoking…

Retrospect of retail investors beating Wall Street

The protagonist of this story, GME, is actually a stock code of Gamestop. Gamestop is a game station. This is a 37-year-old game retailer. However, in the era of network connection, the game station still specializes in selling physical video games. Coupled with the epidemic of last year, Gamestop has not developed well. Wall Street It can be said to be very negative.
This company has lost money for three consecutive years, and its stock price fell to $3 last year. Later, due to the epidemic situation and the rise of the home economy, game companies were popular in the market. This “antique” game company also turned upside down, and its stock price rose to $40 early this year.

At the end of the year, the world-renowned short-selling fund Citron issued a short-selling announcement, warning that the price of 40 yuan far exceeded the actual value, and the game station “stock price is inflated.” On January 19, Citron made a statement: The share price of Game Station should fall to $20 to be reasonable…