So what is happening with Gamestop now ?

[Alby_da_Wolf]

Amnesia said:

Bofferbrauer2 said:

Might look up my post above, where I try to explain it as best as I can

Edit: Jim Cramer of all people is totally losing it over this:

https://www.msn.com/en-us/money/topstocks/jim-cramer-reddit-s-wallstreetbets-is-targeting-short-positions/vi-BB1d52w8

https://www.msn.com/en-us/money/topstocks/jim-cramer-says-wallstreetbets-reddit-has-altered-market-psychology/vi-BB1d56wG

Also just look how volatile the Gamestop share value is during the first video, jumping wildly between $79 and $85 during it. And I learned that Gamestop is not the only one, Bed, Bath & Beyond is also traded like Gamestop against short sellers, just at a somewhat lower level.

https://www.youtube.com/watch?v=nKNOgnDyvzk

Ok, so it is a "short squeeze". It is very different in french so hard to guess (vente à découvert : VAD)

"Vente à decouvert" (same as Italian "vendita allo scoperto") should be "short selling".
"Short squeeze" is a thing that actually goes against short sellers, making them lose money. It can happen because too many investors independently go against short sellers bet to make the price of a stock drop, but in this case it was a coordinated effort made by a large enough group of angry young investors precisely to hurt speculators and possibly make money at their expense in the process.

https://en.wikipedia.org/wiki/Short_squeeze